Willis Towers Watson Public (NASDAQ:WTW) Hits New 1-Year High – Time to Buy?

Willis Towers Watson Public Limited (NASDAQ:WTW)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $321.63 and last traded at $320.86, with a volume of 1125226 shares trading hands. The stock had previously closed at $316.65.

Wall Street Analyst Weigh In

Several analysts have issued reports on WTW shares. Roth Mkm upped their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Wells Fargo & Company upped their price target on Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Barclays upped their price target on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. Jefferies Financial Group upped their price target on Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Finally, UBS Group raised Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Willis Towers Watson Public presently has a consensus rating of “Hold” and an average price target of $313.87.

Willis Towers Watson Public Trading Up 1.3 %

The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. The business has a fifty day moving average price of $299.46 and a 200 day moving average price of $280.14.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The business had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter in the prior year, the business posted $2.24 EPS. The business’s revenue for the quarter was up 5.7% on a year-over-year basis. On average, research analysts expect that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Capital Performance Advisors LLP purchased a new position in Willis Towers Watson Public during the 3rd quarter worth approximately $27,000. American National Bank purchased a new position in Willis Towers Watson Public during the 2nd quarter worth approximately $36,000. Ashton Thomas Securities LLC purchased a new position in Willis Towers Watson Public during the 3rd quarter worth approximately $41,000. Beacon Capital Management LLC grew its stake in Willis Towers Watson Public by 136.5% during the 1st quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock worth $48,000 after buying an additional 101 shares during the last quarter. Finally, New Millennium Group LLC acquired a new stake in Willis Towers Watson Public during the 2nd quarter worth approximately $54,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.