Willis Towers Watson Public Limited Company (NASDAQ:WTW) finished Friday with an addition of $2.71 to close at $203.87, an upside of 1.35 percent. An average of 831,100 shares of common stock have been traded in the last five days. There was a fall of -$8.89 in the past week, and it reached a new high 25 times over the past 12 months. The last 20 days have seen an average of 777,410 shares traded, while the 50-day average volume stands at 658,278.
WTW stock has decreased by -12.00% in the last month. The company shares reached their 1-month lowest point of $199.60 on 08/11/23. With the stock rallying to its 52-week high on 02/09/23, shares of the company touched a low of $197.30 and a high of $258.93 in 52 weeks. It has reached a new high 5 times so far this year and lost -16.64% or -$40.71 in price. In spite of this, the price is down -21.26% from the 52-week high.
Insider Transactions
WTW stock investors should be aware that Willis Towers Watson Public Limited Company (WTW) stock had its last reported insider trading activity 40 days ago on Jul 03. In this transaction, the insider spent $463,384. Head of Europe, Pullum Anne, disposed of 5,000 shares at a price of $224.45 on Jun 07. The insider now owns more than $1,122,230 worth of shares. Prior to that, Head of Health, Wealth &Career Gebauer Julie Jarecke went on to Sale 2,500 shares at $218.35 each on Jun 01. An amount of $545,868 was transacted.
Valuation Metrics
Willis Towers Watson Public Limited Company (WTW) has a trailing price-to-earnings (P/E) ratio of 20.57. The stock’s beta is 0.77. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.37, the price-to-book (PB) ratio at 2.23, and the price-to-cash flow ratio at 54.36.
The company has a payout ratio of 33.30%. The company’s most recent quarterly dividend payment was $0.84 a share, without any change from last year. Its latest increase dividend $0.02 reported on Wednesday February 8 2023.
Financial Health
The quick ratio of Willis Towers Watson Public Limited Company for the recent quarter was 1.10, and the current ratio was 1.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.47 and a total debt to equity ratio of 0.56 for the recent quarter. Its gross profit as reported stood at $1.26 billion compared to revenue of $8.87 billion.
Earnings Surprise
For the recent quarter, Willis Towers Watson Public Limited Company had $4.57 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $94.0 million in the quarter, while revenues were shrunk -15.96%. At the end of the recent quarter, Willis Towers Watson Public Limited Company’s stock balance sheet showed total debt was $6.19 billion. Shareholders own equity worth $104.82 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Willis Towers Watson Public Limited Company (WTW) price momentum. RSI 9-day as of the close on 11 August was 27.17%, suggesting the stock is oversold, with historical volatility in this time frame at 21.90%.
As of today, WTW’s price is $204.47 -4.18% or -$8.89 from its 5-day moving average. WTW is currently trading -11.31% lower than its 20-day SMA and -10.43% lower than its 100-day SMA. However, the stock’s current price level is -6.84% below the SMA50 and -3.90% below the SMA200.
The stochastic %K and %D were 5.15% and 4.32%, respectively, and the average true range (ATR) was 4.76. With the 14-day stochastic at 12.49% and the average true range at 4.63, the RSI (14) stands at 28.96%. The stock has reached -5.86 on the 9-day MACD Oscillator while the 14-day reading was at -9.94.
Analyst Ratings
BMO Capital Markets downgraded Willis Towers Watson Public Limited Company (NASDAQ: WTW) to a an Underperform rating in its most recent analyst report. Previously, the stock was rated as a Market perform. The consensus rating for Willis Towers Watson Public Limited Company (WTW) among analysts is Hold. According to current brokerage recommendations, 2 brokerage firms advise that investors sell WTW, while 10 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 5 others rate it as a “buy”.
What is WTW’s price target for the next 12 months?
Analysts predict a range of price targets between $205.00 and $285.00, with a median target of $236.00. Taking a look at these predictions, the average price target given by analysts for Willis Towers Watson Public Limited Company (WTW) stock is $240.65.
