Q3 2022 EPS Estimates for Willis Towers Watson Public Limited Increased by Jefferies Financial Group (NASDAQ:WTW)

Willis Towers Watson Public Limited (NASDAQ:WTWGet Rating) – Jefferies Financial Group upped their Q3 2022 EPS estimates for Willis Towers Watson Public in a report released on Monday, April 11th. Jefferies Financial Group analyst Y. Kinar now forecasts that the company will earn $2.18 per share for the quarter, up from their prior forecast of $2.09. Jefferies Financial Group also issued estimates for Willis Towers Watson Public’s Q4 2022 earnings at $6.45 EPS, FY2023 earnings at $15.70 EPS and FY2024 earnings at $18.45 EPS.

A number of other research analysts also recently commented on WTW. Wells Fargo & Company lowered their price objective on Willis Towers Watson Public from $240.00 to $238.00 and set an “equal weight” rating for the company in a research note on Monday, March 21st. StockNews.com began coverage on Willis Towers Watson Public in a research note on Thursday, March 31st. They set a “hold” rating for the company. Piper Sandler lowered their price objective on Willis Towers Watson Public from $270.00 to $250.00 and set a “neutral” rating for the company in a research note on Monday, January 24th. Bank of America began coverage on Willis Towers Watson Public in a research note on Monday. They set an “underperform” rating for the company. Finally, Zacks Investment Research downgraded Willis Towers Watson Public from a “buy” rating to a “hold” rating in a research note on Thursday, January 20th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $244.00.

WTW stock opened at $238.28 on Tuesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.70 and a current ratio of 2.70. The firm has a market cap of $26.98 billion, a price-to-earnings ratio of 7.17 and a beta of 0.77. Willis Towers Watson Public has a 12-month low of $199.78 and a 12-month high of $271.87. The firm’s 50 day moving average price is $229.58.

Willis Towers Watson Public (NASDAQ:WTWGet Rating) last posted its quarterly earnings results on Tuesday, February 8th. The company reported $5.67 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $5.35 by $0.32. The business had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.79 billion. Willis Towers Watson Public had a return on equity of 14.62% and a net margin of 44.19%. The business’s revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the company posted $5.23 EPS.

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 15th. Stockholders of record on Thursday, March 31st will be issued a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date is Wednesday, March 30th. Willis Towers Watson Public’s dividend payout ratio (DPR) is 9.87%.

In other news, insider Anne Donovan Bodnar sold 2,000 shares of the firm’s stock in a transaction on Tuesday, February 22nd. The stock was sold at an average price of $223.86, for a total transaction of $447,720.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Julie Jarecke Gebauer sold 1,400 shares of the firm’s stock in a transaction on Friday, April 1st. The shares were sold at an average price of $236.88, for a total value of $331,632.00. The disclosure for this sale can be found here. Insiders have sold 10,000 shares of company stock worth $2,232,012 over the last three months. Corporate insiders own 0.85% of the company’s stock.

About Willis Towers Watson Public (Get Rating)

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments, Health, Wealth and Career; and and Risk and Broking. The company offers 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.

See Also

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

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