Willis Towers Watson Public Limited Co (NASDAQ:WTW) price on Friday, June 13, fall -1.59% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $296.33.
A look at the stock’s price movement, the close in the last trading session was $301.11. Turning to its 52-week performance, $344.14 and $253.03 were the 52-week high and 52-week low respectively. Overall, WTW moved -2.32% over the past month.
Willis Towers Watson Public Limited Co’s market cap currently stands at around $29.38 billion, with investors looking forward to this quarter’s earnings report slated for in July. The company has a Forward Dividend ratio of 3.56, with its dividend yield at 1.20%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 2.23B for the company’s revenue for the quarter, with a low and high estimate of 2.2B and 2.27B respectively. The average forecast suggests down to a -1.37% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 9.6B, representing a -3.37% decline on that reported in the last financial year.
14 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 12 recommend WTW as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
WTW’s current price about -3.96% and -4.67% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 36.68, while 7-day volatility ratio is 1.54% and 1.11% in the 30-day chart. Further, Willis Towers Watson Public Limited Co (WTW) has a beta value of 0.70, and an average true range (ATR) of 6.19. Analysts have given the company’s stock an average 52-week price target of $382, forecast between a low of $382 and high of $382. Looking at the price targets, the low is -28.91% off current price level while to achieve the yearly target high, price needs to move -28.91%. Nonetheless, investors will most likely welcome a -28.91% jump to $382 which is the analysts’ median price.
If we refocus on Willis Towers Watson Public Limited Co (NASDAQ:WTW), historical trading data shows that trading volumes averaged 665.94K over the past 3 months. The company’s latest data on shares outstanding shows there are 99.21 million shares.
The 0.45% of Willis Towers Watson Public Limited Co’s shares are in the hands of company insiders while institutional holders own 95.27% of the company’s shares. Current price change has pushed the stock -5.40% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the WTW stock continues to rise going into the next quarter.
