Willis Towers Watson Public (NASDAQ:WTW) Announces Earnings Results

Willis Towers Watson Public (NASDAQ:WTW) announced its earnings results on Tuesday. The company reported $8.13 EPS for the quarter, beating analysts’ consensus estimates of $8.01 by $0.12, Zacks reports. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The business had revenue of $3.04 billion during the quarter, compared to analysts’ expectations of $3.05 billion. During the same period in the prior year, the company earned $7.44 earnings per share. The business’s revenue was up 4.2% compared to the same quarter last year.

Willis Towers Watson Public Trading Down 3.1 %

Shares of WTW opened at $320.31 on Wednesday. The company has a 50-day moving average of $317.51 and a two-hundred day moving average of $300.73. Willis Towers Watson Public has a 12-month low of $245.04 and a 12-month high of $334.99. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72.

Willis Towers Watson Public Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $0.88 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $3.52 dividend on an annualized basis and a yield of 1.10%. Willis Towers Watson Public’s payout ratio is -48.35%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their price objective for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and increased their price target for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. Barclays boosted their price objective on shares of 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. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Finally, Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and increased their price target for the stock from $352.00 to $382.00 in a report on Friday, December 20th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $333.64.

About Willis Towers Watson Public

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.