Weight Watchers International Inc. (WTW): Today's Featured Diversified Services Winner

Weight Watchers International ( WTW) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole closed the day down 1%. By the end of trading, Weight Watchers International rose $1.10 (2.2%) to $50.74 on light volume. Throughout the day, 664,273 shares of Weight Watchers International exchanged hands as compared to its average daily volume of 904,600 shares. The stock ranged in a price between $48.30-$50.95 after having opened the day at $49.43 as compared to the previous trading day's close of $49.64. Other companies within the Diversified Services industry that increased today were: Harris Interactive ( HPOL), up 6.3%, Management Network Group ( TMNG), up 4.8%, China HGS Real Estate ( HGSH), up 4.7%, and CIBT Education Group ( MBA), up 4.3%.

Weight Watchers International, Inc. engages in the provision of weight management services primarily in North America, the United Kingdom, Continental Europe, Australia, and New Zealand. Weight Watchers International has a market cap of $2.77 billion and is part of the services sector. The company has a P/E ratio of 12.9, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 9.4% year to date as of the close of trading on Friday. Currently there is one analyst that rates Weight Watchers International a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Weight Watchers International as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and weak operating cash flow.

On the negative front, Scientific Learning Corporation ( SCIL), down 21.9%, Daegis ( DAEG), down 10.5%, Hackett Group ( HCKT), down 8.9%, and WageWorks ( WAGE), down 8.1%, were all losers within the diversified services industry with Mercadolibre ( MELI) being today's diversified services industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the diversified services industry could consider ProShares Ultra Short Consumer Sers ( SCC).
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