|Bid||30.28 x 900|
|Ask||30.45 x 900|
|Day's Range||29.72 - 30.83|
|52 Week Range||27.97 - 105.73|
|Beta (3Y Monthly)||1.39|
|PE Ratio (TTM)||8.69|
|Earnings Date||Feb 26, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||77.45|
Fidelity funds' manager FMR LLC tweaked higher its Tesla Inc. holdings to more than 9 million shares of the Silicon Valley car maker, a 5.291% stake, according to a filing Wednesday. That compares with the about 9 million shares it had in November. Fidelity remained among the top 10 largest Tesla institutional shareholders, according to FactSet. The fund manager also upped its Williams Sonoma Inc. stake to more than 6 million shares, and cut its stake on Weight Watchers International Inc. to about 4.8 million shares, among other changes in its portfolios. T. Rowe Price on Monday lowered its stake on Tesla to 5.2%. Shares of Tesla fell 1.6% in midday trading Wednesday and are down 5.2% in the past 12 months, contrasting with gains of 3.3% for the S&P 500 index in the same period.
Weight Watchers International, Inc. (WTW) (“WW”) will release its results for the fourth quarter and full year 2018 after market close on Tuesday, February 26, 2019. WW will host a conference call at 5:00 p.m. ET the same day. During the conference call, Mindy Grossman, President and Chief Executive Officer, and Nicholas Hotchkin, Chief Financial Officer, will discuss the fourth quarter and full year 2018 results and answer questions from the investment community.
Weight Watchers International (WTW) closed at $28.78 in the latest trading session, marking a +0.49% move from the prior day.
The Zacks Analyst Blog Highlights: Stitch Fix, Snap, Spotify, Blue Apron and Weight Watchers
Warning! GuruFocus has detected 3 Warning Signs with WTW. Weight Watchers is still not a growth story, but it's easy to see why Oprah would have wanted to buy in when she did. The company's operating income for 2015 was higher than its market capitalization during the period leading up to Oprah's investment.
J.C. Penney's decision to no longer sell appliances is another red flag tossed for the struggling retailer's doorstep.
According to GuruFocus' list of 52-week lows, these guru stocks have reached their 52-week lows. The company has a market cap of $9.54 billion. Warning! GuruFocus has detected 2 Warning Signs with GPS.
Medifast (NYSE:MED) is a relative newcomer to the weight loss and weight management industry, having started in 1980. Both Weight Watchers International (NASDAQ:WTW) and Nutrisystem (NASDAQ:NTRI) started a decade or two before MED. The one thing MED stock had that made it unique, however, is that it was started by a doctor and was originally sold through doctors and doctors' offices. And while obesity wasn't the issue it is today, there were plenty of reasons to get Americans on healthier diets, like high blood pressure, fast food and prepared foods, lack of exercise, etc. InvestorPlace - Stock Market News, Stock Advice & Trading Tips This also lent an air of credibility, since it was basically doctors "prescribing" you food. Since then, the company has grown steadily … until recently when it began to go on a tear. ### Big Growth for MED Stock In the past three years, MED stock is up more than 320%. In the past 12 months, it's up 85%. And its current price-to-earnings ratio is still below 33. That's pretty impressive. That means it's significantly outperforming its competitors in the space. WTW and NTRI are both treading water, or slightly under for the past 12 months. What's more, since it wasn't originally built for speed, MED stock offers a respectable 2.4% dividend as well. * 7 S&P 500 Stocks to Buy That Tore Up Earnings All these stocks are considered specialty retail, since they are focused on the consumer. This sector is doing well, it's just that WTW and NTRI were the default choices in the sector and were overbought. Also, being the market leaders, they were the ones that were most exposed to competitors who could take market share. But as long as the consumer is doing well, these firms will do well. The second important factor is, younger generations aren't necessarily as much food oriented as they are nutrition oriented. What I mean by that is, they don't see food as an indulgence necessarily. They care where their food is sourced and that what they eat gives them what they need, just as long as it's easy to eat and fast to prepare. This culture has been developing over time as prepared foods have become much higher quality and more thoughtful, and consumers have spent less time in kitchens learning how to cook. This trend also works for the graying baby boomers who are less interested in cooking and may have chronic illnesses -- diabetes, heart disease, etc -- where having prepared meals makes sense. Chef Mike (the microwave) is now our private chef. MED's fastest growing division is its Optavia unit. It is marketed solely by word of mouth and uses one-on-one coaches who are current or former Medifast customers. The help keep their clients on their targets and help them build menus and meal plans that are customized. The consultants are paid a commission for their sales, so this also becomes a great supplemental income source for MED's best customers. This is a unique time to sneak in here as well, since the big names in the sector aren't performing well, so this is an under-the-radar play at the moment in a sector that has huge long-term potential. Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 of the Best Stocks to Buy for a Dovish Federal Reserve * 5 Best Fidelity ETFs for Retirement Savers * 7 Blue-Chip Stocks That Could Lead the Market Higher Compare Brokers The post Thereas Still Plenty of Upside Left in Medifast Stock appeared first on InvestorPlace.
Blue Apron's Better-than-Expected Results in the Fourth QuarterBetter-than-expected resultsBlue Apron (APRN) announced better-than-expected results for the fourth quarter of 2018 after the financial markets closed yesterday. The meal-kit delivery
Blue Apron reiterates its forecast of achieving profitability during its current quarter and the full fiscal year. The meal-kit company is launching a scaled-back version of its kit, available on Walmart's Jet.com Friday. Its partnership with WW, formerly known as Weight Watchers, has seen higher-than-expected demand since its launch in December.
Kohl's said it's teaming with Weight Watchers to offer wellness products and open a new Chicago wellness center.
Investors need to pay close attention to Weight Watchers (WTW) stock based on the movements in the options market lately.
Kohl's Corp. and WW, formerly Weight Watchers International Inc. said Tuesday that they have partnered to bring new products and offerings to Kohl's stores. The two companies will launch WW Studio at Kohl's, an 1,800-square-foot space in Chicago Kohl's stores that will host WW Wellness Workshops and other events; WW Healthy Kitchen Products, which will be available at select Kohl's stores starting June 2019, that will include cookware and other tools; and WW Freestyle memberships for Kohl's associates, including a free three-month digital membership. Kohl's shares have gained 2.2% over the last 12 months, WW shares have taken a 49.4% tumble, and the S&P 500 index is down 7.4% for the period.
Kohl's teams up with weight management company WW (formerly Weight Watchers International). Kohl's KSS is on a bit of a health kick. The retailer announced plans Tuesday to team with WW WTW — the newly rebranded Weight Watchers International — to test a series of wellness initiatives.
Kohl’s (KSS) today announced a new, strategic collaboration with WW (WTW) – the new Weight Watchers, a global wellness company – to bring together both companies’ shared passion to empower families and communities to live healthier lives. Throughout 2019, Kohl’s and WW will pilot a variety of health and wellness offerings to help customers and Kohl’s associates on their wellness journeys, including the debut of its first in-store WW Studio, the introduction of WW Healthy KitchenTM products at select Kohl’s stores and on Kohls.com, as well as subsidized WW FreestyleTM program memberships for Kohl’s associates through Kohl’s Healthy Rewards.
NEW YORK, Jan. 28, 2019 /PRNewswire/ -- WW (WTW) – the new Weight Watchers – today announced that veteran television and live events producer and Oprah Winfrey's longtime Chief of Staff Amy Weinblum has been named Chief Business Development Officer. Weinblum will be responsible for the development of new business platforms for the Company with particular focus on leveraging Winfrey's powerful role as an advocate for WW.
Using recent actions and grades from TheStreet's Quant Ratings and layering on technical analysis of the charts of those stocks, Trifecta Stocks identifies five names each Friday that look bearish. While we will not be weighing in with fundamental analysis we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names. recently was downgraded to Hold with a C+ rating by TheStreet's Quant Ratings.
For a long time, essentially everyone on Wall Street wrote off Blue Apron (NASDAQ:APRN) stock as a dead duck with zero chance of turning around. APRN stock went public at $10 per share in June 2017. That was about as high as it ever got. Over the next 18 months, it turned into what one of the worst IPOs ever. By Christmas 2018, this was a 65-cent stock. * 12 2018 Winners That Will Be Big Ol' Losers in 2019 Then the turnaround started. Macroeconomic sentiment improved. That helped things. But Blue Apron also announced a big meal-kit partnership with Weight Watchers (NYSE:WTW), which management said would stabilize the customer base without the company having to spend big on marketing. Then, the company updated investors on fourth-quarter trends -- and that was a positive read. Management said that a new fulfillment center continues to drive operational efficiencies, while the Weight Watchers deal has seen higher-than-expected demand. It also reiterated that the company would be adjusted EBITDA profitable in Q1 and fiscal 2019. InvestorPlace - Stock Market News, Stock Advice & Trading Tips All those positive developments have created a surge in APRN stock. After bottoming at 65 cents before Christmas, APRN stock has nearly tripled in less than a month. Shares currently trade hands at around $1.50. Is this turnaround legit? Could APRN stock be in the early stages of a huge turnaround that propels shares back to $10? I don't think so. There are reasons to be optimistic, and the recent near tripling in APRN stock does feel somewhat justified. But the long term fundamentals remain uncertain, and the pathway to sustainable profitability remains bleak. So, while APRN stock could be in the early stages of a huge turnaround, the odds of this stock getting back to $10 are very, very low. ### Reason for Optimism, but Still Too Many Question Marks There are certainly reasons to be optimistic about the current turnaround in APRN stock. At its core, the decline in APRN stock over the past 18 months has been driven by three headwinds: customer churn, big expenses and lack of a sustainable moat. To some extent, the recent partnership with Weight Watchers addresses all three of those headwinds. On the customer churn front, a partnership with Weight Watchers taps into the huge WW customer base and, thereby, gives Blue Apron a pipeline to stabilize customers. Meanwhile, that customer stabilization will come without additional marketing since its through the Weight Watchers pipeline, so the customer base has the potential to stabilize without operating expenses going up. Also, this partnership gives Blue Apron some semblance of a moat, as it establishes the company as a "diet meal kit maker," which is a unique and differentiated value prop in the largely uniform meal kit space. Thus, management coming forth and saying that the Weight Watchers deal is progressing with high demand, and concurrently doubling down on profitability projections for 2019, is pretty important. The implication is that this company could be gradually turning into a small, profitable shell of its former self. But there's sill too many question marks to say that this transformation is actually what is happening. Top-line trends at Blue Apron hardly signal a turnaround in sight. Revenue declines have only deteriorated year-to-date -- from down 20% in Q1, to down 25% in Q2, to down 28% in Q3. Same is true for customer churn trends. As the company has stopped spending an arm and a leg on marketing, the customer base has consistently dropped by 20% or more each quarter this year. Plus, competition is only getting stiffer and, if the WW partnership doesn't pan out, the company could continue to lose customers at a rapid pace. Overall, while there's reason for optimism regarding APRN stock, there's also reason to question the legitimacy of recent strength in the stock. Until those questions have tangible answers, it's probably best to avoid APRN stock. ### Profitability Lacks Visibility The biggest problem with APRN stock is that the company's pathway to profitability lacks visibility. Gross margins have been steadily improving all year long. Still, they are largely below 35%. Best case scenario, the company continues to drive operational efficiencies through the Linden fulfillment center, and gross margins rise to 40%. That still isn't high enough to drive profitability. Year to date, the company's opex rate is above 50%. Although the company is cutting back on marketing expenses, that is adversely impacting customer growth -- and revenues are dropping too. Thus, there hasn't been any room for opex leverage, nor will there be so long as the customer base continues to retreat. In order for Blue Apron to reach true profitability, a lot of things have to happen. First, the customer base has to stabilize and/or grow. Second, that has to lead to revenue stabilization and/or growth. Third, gross margins have to move towards 40% or higher. Fourth, the company has to keep gutting its marketing expenses, potentially to levels that aren't even possible given current revenues. In other words, Blue Apron is still a lot of speculative twists and turns away from being truly profitable. Until that pathway attains visibility, APRN stock will likely remain depressed. ### Bottom Line on APRN Stock Recent strength in APRN stock is impressive and should not be ignored. Blue Apron's fundamentals are improving, and those improvements do breathe life into what was a dying company. * 7 Oversold Small-Cap Stocks With Massive Profit Growth But Blue Apron still has significant operational risks which threaten the long-term sustainability of the company, while the pathway to profitability remains unclear. All together, that means APRN stock won't head back towards $10 any time soon. As of this writing, Luke Lango was long WTW. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Top 10 Global Stock Ideas for 2019 From RBC Capital * 10 A-Rated Stocks the Smart Money Is Piling Into * 5 Best Bank ETFs for This Week's Earnings Avalanche Compare Brokers The post Is Blue Apron Stock in the Beginning Stages of a Huge Turnaround? appeared first on InvestorPlace.