Weight Watchers shares fell by as much as 10% in after-hours trading on Thursday after the company reported second-quarter revenue that was short of analysts’ estimates.
Advertisement
Service Revenues in Q2 2016 were $251.6 million. Operating earnings per share, a non-GAAP measure which the company defines as diluted earnings per share from continuing operations on a GAAP basis excluding restructuring charges and gains or losses from refranchising, were $1.07 in the third quarter of fiscal 2016 compared with $0.76 in the prior year quarter. During the same quarter in the previous year, the company posted $0.49 EPS. On a constant-currency basis, these revenues decreased 1.1% versus the prior year period as growth in North America of 10.9% on a constant currency basis was offset by declines in global markets.
About 1.89 million of the company’s shares traded so far today vs. its average 30-day volume of 1.4 million shares per day. Although Weight Watchers’ concluded the quarter with 2.9 million subscribers for its second consecutive yearly gain, the figure represents a 4% from the first quarter. The stock holds the market capitalization of $735.24M along with 63.83M outstanding shares. (NYSE:WTW) [Trend Analysis] shows fluctuation in active trade, on Friday shares fell down to knees -11.59% to $10.07. The Corporation has a Mean Rating of 1.69 based on the Reuters Analysts consensus issuing ratings.
Weight Watchers International, Inc. (NYSE:WTW) surged 184.75% for the year. Analyst’s mean target price for Gray Television, Inc. The company finished it is trading at $11.39. (NYSE:WTW) now have an ABR of 2.00, derived from a total of 4 opinions. Over the one year trading period, the stock has a high price of $68.36 and its low price is recorded at $50.00. Taking notice in average true range, it was 0.62. Its weekly and monthly volatility is 7.63%, 4.69% respectively. The company has the institutional ownership of 84.90% while the Beta factor was 1.06.
Other Hedge Funds, Including, California State Teachers Retirement System reduced its stake in WTW by selling 300 shares or 0.51% in the most recent quarter. (NYSE:WTW)’s price to free cash flow for trailing twelve months is 9.83.
Advertisement
Moving toward technical analysis, the current ratio, or the liquidity ratio of a firm was calculated 0.60. (NYSE:WTW) has a Return on Assets of 2.00%. Return on equity (ROE) was noted as -2.10% while return on investment (ROI) was 17.00%.
