Weight Watchers Stock Gets Walloped as Keto Diet Grows More Popular

Why Oprah’s losing millions as Weight Watchers shares tank on bleak outlook

Why Oprah’s losing millions as Weight Watchers shares tank on bleak outlook

The EPS estimate for next year as estimated by analysts is at 3.05 while EPS for next quarter is estimated at 0.43. It's targeting profit between US$1.25 and US$1.50 a share this year, a far cry from the US$3.36 analysts had been estimating. The firm operates in four divisions: North America, United Kingdom, Continental Europe, and Other.The P/E ratio is 6.47. 44 investors sold all, 51 reduced holdings as Weight Watchers International, Inc. ratio is positive. Its price to free cash flow for trailing twelve months is 5.8. The California Resources Corporation generated $828.00 million in revenue during the last quarter, which is slightly higher than the $648.48 million predicted by analysts. (NYSE:CLR) is reported at 4.71 Billion with income of 988.3 Million. After making this transaction, President, International owns a direct stake of 103,494 shares, worth $774,231, as per the last closing price.

Weight Watchers International, Inc. had 1 insider sale and 1 buy since August 30, 2018. Looking further, the stock has dropped -58.97% over the past 90 days while it lost -74.11% over the last six months. Analysts at Oppenheimer, maintained the company shares at Outperform on February 15 but switched target price from $98 to $40. Weight Watchers International Inc (NYSE:WTW)'s price sits -43.31% off from its SMA 50 of $31.06 and -69.96% away from the SMA 200 which is at $52.64. (NYSE:CLR) shrinked -12.76% for the yearly performance.

Winfrey's stake in Weight Watchers was valued at $160.18 million when the markets closed Tuesday. Revenue will be about US$1.4 billion, below the almost US$1.7 billion projected. (NASDAQ:WTW) rose 0.61% in recent trade and now has a stock-market value of $1.94B. Weight Watchers shares soared 100 percent in a single day following the news and continued its climb over the next three years. WTW has a difference of -28.52% from its 1 year low which stands at $27.10. While Annual EPS Growth rate for past five years as reported by the company is at -20.9%. Finally, SunTrust Banks lowered Weight Watchers International from a buy rating to a hold rating and decreased their target price for the stock from $68.00 to $25.00 in a research note on Wednesday.

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More notable recent Weight Watchers International, Inc. Texas Permanent School Fund purchased a new stake in Weight Watchers International during the 3rd quarter valued at about $1,462,000. On Thursday, August 30 COLOSI MICHAEL F also sold $1.77M worth of Weight Watchers International, Inc.

KeyBanc changed Weight Watchers International (NYSE:WTW)'s rating on 27 February to Hold. BlackRock Inc. now owns 4,391,375 shares of the company's stock valued at $169,287,000 after buying an additional 71,294 shares during the period. At the time, Weight Watchers' stock doubled in value following Winfrey's announcement.

On Tuesday, Weight Watchers described its first quarter of 2019 as a "soft start" relative to 2018, adding that its "Winter Campaign did not recruit as expected".

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