Willis Towers Watson Public (NASDAQ:WTW) Announces Quarterly Earnings Results, Beats Expectations By $0.12 EPS

Willis Towers Watson Public (NASDAQ:WTW) released its quarterly earnings results on Tuesday. The company reported $8.13 earnings per share for the quarter, beating the consensus estimate of $8.01 by $0.12, Zacks reports. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%.

Willis Towers Watson Public Trading Up 0.3 %

Shares of WTW stock opened at $330.67 on Tuesday. Willis Towers Watson Public has a 1-year low of $245.04 and a 1-year high of $334.99. The stock’s 50-day moving average is $317.19 and its 200 day moving average is $300.27. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70.

Willis Towers Watson Public Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend was Tuesday, December 31st. Willis Towers Watson Public’s payout ratio is currently -48.35%.

Wall Street Analysts Forecast Growth

WTW has been the topic of a number of recent analyst reports. Raymond James upgraded Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and increased their target price for the stock from $365.00 to $400.00 in a research note on Thursday, December 5th. UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Keefe, Bruyette & Woods increased their target price on Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a research note on Friday, January 10th. Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their target price for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. Finally, Truist Financial reissued a “buy” rating and set a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $333.64.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.