Equities analysts expect that Willis Towers Watson PLC (NASDAQ:WLTW) will announce $1.11 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have issued estimates for Willis Towers Watson’s earnings. The highest EPS estimate is $1.27 and the lowest is $0.87. Willis Towers Watson posted earnings per share of $1.12 in the same quarter last year, which would indicate a negative year-over-year growth rate of 0.9%. The company is expected to announce its next quarterly earnings results on Thursday, November 1st.

According to Zacks, analysts expect that Willis Towers Watson will report full year earnings of $9.57 per share for the current financial year, with EPS estimates ranging from $9.45 to $9.70. For the next fiscal year, analysts forecast that the firm will report earnings of $10.73 per share, with EPS estimates ranging from $10.28 to $11.10. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research analysts that cover Willis Towers Watson.

Willis Towers Watson (NASDAQ:WLTW) last announced its quarterly earnings results on Thursday, August 2nd. The financial services provider reported $1.70 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.70. The company had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.99 billion. Willis Towers Watson had a return on equity of 9.96% and a net margin of 5.65%. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.45 earnings per share.

Several brokerages have recently weighed in on WLTW. BidaskClub upgraded Willis Towers Watson from a “hold” rating to a “buy” rating in a research report on Tuesday, July 24th. Citigroup lifted their price target on Willis Towers Watson from $175.00 to $183.00 and gave the company a “buy” rating in a research report on Thursday, July 12th. Zacks Investment Research cut Willis Towers Watson from a “hold” rating to a “sell” rating in a research report on Wednesday, August 8th. Credit Suisse Group began coverage on Willis Towers Watson in a research report on Tuesday, August 7th. They issued a “neutral” rating and a $166.00 price target for the company. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $175.00 price target on shares of Willis Towers Watson in a research report on Monday, August 6th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the company’s stock. Willis Towers Watson presently has a consensus rating of “Hold” and a consensus target price of $172.77.

In related news, insider Adam Garrard sold 1,830 shares of the business’s stock in a transaction dated Friday, August 31st. The stock was sold at an average price of $146.77, for a total transaction of $268,589.10. Following the completion of the transaction, the insider now directly owns 13,739 shares in the company, valued at $2,016,473.03. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.50% of the stock is owned by insiders.

A number of institutional investors have recently bought and sold shares of WLTW. Riverhead Capital Management LLC lifted its stake in Willis Towers Watson by 8.3% during the second quarter. Riverhead Capital Management LLC now owns 4,555 shares of the financial services provider’s stock worth $691,000 after purchasing an additional 348 shares during the last quarter. Daiwa Securities Group Inc. lifted its stake in Willis Towers Watson by 8.4% during the second quarter. Daiwa Securities Group Inc. now owns 4,511 shares of the financial services provider’s stock worth $684,000 after purchasing an additional 350 shares during the last quarter. Gamble Jones Investment Counsel lifted its stake in Willis Towers Watson by 1.2% during the second quarter. Gamble Jones Investment Counsel now owns 33,263 shares of the financial services provider’s stock worth $5,043,000 after purchasing an additional 380 shares during the last quarter. Glen Harbor Capital Management LLC lifted its stake in Willis Towers Watson by 8.3% during the second quarter. Glen Harbor Capital Management LLC now owns 5,096 shares of the financial services provider’s stock worth $773,000 after purchasing an additional 392 shares during the last quarter. Finally, CIBC Asset Management Inc lifted its stake in Willis Towers Watson by 4.7% during the second quarter. CIBC Asset Management Inc now owns 9,254 shares of the financial services provider’s stock worth $1,403,000 after purchasing an additional 413 shares during the last quarter. Institutional investors and hedge funds own 93.19% of the company’s stock.

Shares of NASDAQ WLTW traded down $0.92 during mid-day trading on Friday, hitting $141.75. The company had a trading volume of 494,838 shares, compared to its average volume of 556,549. The stock has a market cap of $18.43 billion, a PE ratio of 16.66, a price-to-earnings-growth ratio of 1.24 and a beta of 0.87. Willis Towers Watson has a 1 year low of $139.73 and a 1 year high of $165.00. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.29 and a current ratio of 2.29.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 15th. Investors of record on Sunday, September 30th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.69%. The ex-dividend date of this dividend is Thursday, September 27th. Willis Towers Watson’s payout ratio is 28.20%.

Willis Towers Watson Company Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. Its Human Capital and Benefits segment provides actuarial support, plan design, and administrative services for traditional pension and retirement savings plans; plan management consulting, broking, and administration services for health and group benefit programs; and benefits outsourcing services.

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Earnings History and Estimates for Willis Towers Watson (NASDAQ:WLTW)

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