Research Analysts Offer Predictions for WTW FY2024 Earnings

Willis Towers Watson Public Limited (NASDAQ:WTW) – Analysts at William Blair boosted their FY2024 earnings per share (EPS) estimates for shares of Willis Towers Watson Public in a research note issued to investors on Thursday, October 31st. William Blair analyst A. Klauber now forecasts that the company will post earnings per share of $16.82 for the year, up from their previous forecast of $16.51. The consensus estimate for Willis Towers Watson Public’s current full-year earnings is $16.55 per share. William Blair also issued estimates for Willis Towers Watson Public’s Q4 2024 earnings at $8.10 EPS, Q1 2025 earnings at $3.46 EPS and Q4 2025 earnings at $8.22 EPS.

Several other research analysts also recently commented on WTW. UBS Group raised Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Wells Fargo & Company boosted their price objective on Willis Towers Watson Public from $321.00 to $334.00 and gave the stock an “overweight” rating in a research note on Thursday, October 3rd. Morgan Stanley cut their price target on Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating for the company in a report on Wednesday, July 10th. Truist Financial upped their price target on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. Finally, Keefe, Bruyette & Woods increased their price target on shares of Willis Towers Watson Public from $320.00 to $323.00 and gave the company an “outperform” rating in a research note on Wednesday, July 31st. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $309.47.

Willis Towers Watson Public Price Performance

NASDAQ:WTW opened at $299.30 on Monday. The company has a quick ratio of 1.94, a current ratio of 1.72 and a debt-to-equity ratio of 0.70. The firm has a market cap of $30.40 billion, a PE ratio of -41.11, a price-to-earnings-growth ratio of 1.90 and a beta of 0.73. Willis Towers Watson Public has a 12 month low of $232.77 and a 12 month high of $308.87. The company’s 50-day moving average price is $291.95 and its two-hundred day moving average price is $273.37.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same period last year, the business earned $2.24 earnings per share. The business’s revenue was up 5.7% on a year-over-year basis.

Institutional Investors Weigh In On Willis Towers Watson Public

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Capital Performance Advisors LLP acquired a new position in shares of Willis Towers Watson Public in the 3rd quarter valued at $27,000. Richardson Financial Services Inc. acquired a new stake in shares of Willis Towers Watson Public during the first quarter worth about $28,000. American National Bank acquired a new position in shares of Willis Towers Watson Public in the 2nd quarter valued at approximately $36,000. Beacon Capital Management LLC increased its stake in Willis Towers Watson Public by 136.5% during the 1st quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock worth $48,000 after purchasing an additional 101 shares in the last quarter. Finally, New Millennium Group LLC bought a new stake in Willis Towers Watson Public during the 2nd quarter worth approximately $54,000. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a dividend of $0.88 per share. The ex-dividend date was Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.18%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -48.35%.

About Willis Towers Watson Public

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.