Willis Towers Watson (WLTW) Earning Somewhat Positive Press Coverage, Study Finds

Headlines about Willis Towers Watson (NASDAQ:WLTW) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Willis Towers Watson earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 46.2317822673246 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the headlines that may have effected Accern’s analysis:

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Willis Towers Watson stock traded down $0.28 during midday trading on Wednesday, hitting $149.35. 476,650 shares of the stock were exchanged, compared to its average volume of 572,058. Willis Towers Watson has a 52-week low of $131.51 and a 52-week high of $165.00. The stock has a market cap of $20,002.99, a PE ratio of 17.55, a price-to-earnings-growth ratio of 1.25 and a beta of 0.88. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.82 and a current ratio of 1.82.

Willis Towers Watson (NASDAQ:WLTW) last released its quarterly earnings results on Thursday, February 8th. The financial services provider reported $2.21 earnings per share for the quarter, topping the consensus estimate of $2.11 by $0.10. Willis Towers Watson had a net margin of 6.93% and a return on equity of 11.25%. The business had revenue of $2.08 billion for the quarter, compared to analysts’ expectations of $1.99 billion. During the same period in the previous year, the company earned $1.88 earnings per share. The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. analysts predict that Willis Towers Watson will post 9.69 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, April 16th. Shareholders of record on Saturday, March 31st were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.61%. This is a boost from Willis Towers Watson’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend was Wednesday, March 28th. Willis Towers Watson’s payout ratio is presently 28.20%.

Willis Towers Watson declared that its board has authorized a share buyback plan on Monday, February 26th that authorizes the company to repurchase $400.00 million in outstanding shares. This repurchase authorization authorizes the financial services provider to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

A number of brokerages recently weighed in on WLTW. ValuEngine raised shares of Willis Towers Watson from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Zacks Investment Research downgraded shares of Willis Towers Watson from a “hold” rating to a “sell” rating in a research note on Friday, January 26th. Wells Fargo reissued a “hold” rating and set a $154.00 target price on shares of Willis Towers Watson in a research note on Saturday, March 17th. MKM Partners lifted their target price on shares of Willis Towers Watson to $190.00 and gave the stock a “buy” rating in a research note on Monday, March 19th. Finally, Stifel Nicolaus lifted their target price on shares of Willis Towers Watson from $175.00 to $187.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $170.64.

In other Willis Towers Watson news, insider Joseph Gunn sold 9,438 shares of the business’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $159.95, for a total value of $1,509,608.10. Following the transaction, the insider now directly owns 22,041 shares in the company, valued at $3,525,457.95. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.50% of the stock is owned by insiders.

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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.

Insider Buying and Selling by Quarter for Willis Towers Watson (NASDAQ:WLTW)

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