Advertisement
UK markets close in 3 hours 46 minutes

  • FTSE 100

    8,296.43
    +82.94 (+1.01%)
     

  • FTSE 250

    20,399.68
    +235.14 (+1.17%)
     

  • AIM

    777.38
    +5.85 (+0.76%)
     

  • GBP/EUR

    1.1650
    -0.0010 (-0.08%)
     

  • GBP/USD

    1.2543
    -0.0021 (-0.16%)
     

  • Bitcoin GBP

    50,757.80
    -318.39 (-0.62%)
     

  • CMC Crypto 200

    1,326.85
    -38.27 (-2.80%)
     

  • S&P 500

    5,180.74
    +52.95 (+1.03%)
     

  • DOW

    38,852.27
    +176.59 (+0.46%)
     

  • CRUDE OIL

    78.25
    -0.23 (-0.29%)
     

  • GOLD FUTURES

    2,324.80
    -6.40 (-0.27%)
     

  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     

  • HANG SENG

    18,479.37
    -98.93 (-0.53%)
     

  • DAX

    18,280.26
    +105.05 (+0.58%)
     

  • CAC 40

    8,024.25
    +27.61 (+0.35%)
     
Money:

The retirement income gap no-one is talking about

People are living longer than ever before and this can impact how you plan for retirement

Why Weight Watchers (WTW) Stock Might be a Great Pick

Zacks Equity Research
Updated

One stock that might be an intriguing choice for investors right now is Weight Watchers International, Inc. WTW. This is because this security in the Consumer Services - Miscellaneous space is seeing solid earnings estimate revision activity and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Consumer Services - Miscellaneous space as it currently has a Zacks Industry Rank of 29 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Weight Watchers is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.

Weight Watchers International Inc Price and Consensus

Weight Watchers International Inc Price and Consensus | Weight Watchers International Inc Quote

ADVERTISEMENT

In fact, over the past month, current quarter estimates have risen from 84 cents per share to 88 cents per share, while current year estimates have risen from $2.86 per share to $2.89 per share. This has helped WTW to earn a Zacks Rank #1 (Strong Buy), further underscoring the company’s solid position. You can see the complete list of today’s Zacks #1 Rank stocks here.

So, if you are looking for a decent pick in a strong industry, consider Weight Watchers. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.

5 Medical Stocks to Buy Now

Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.

New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.

Click here to see the 5 stocks >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Weight Watchers International Inc (WTW) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research