Raymond James slashes price target on Willis Towers Watson Public Limited Company [WLTW] – find out why.

Willis Towers Watson Public Limited Company [NASDAQ: WLTW] loss -7.22% or -18.46 points to close at $237.14 with a heavy trading volume of 3293859 shares. The company report on June 17, 2021 that Aon and Willis Towers Watson Issue Statement on U.S. Department of Justice Action.

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Aon plc (NYSE: AON) and Willis Towers Watson (NASDAQ: WLTW) shared the following statement in response to the legal action taken by the U.S. Department of Justice:.

“We disagree with the U.S. Department of Justice’s action, which reflects a lack of understanding of our business, the clients we serve and the marketplaces in which we operate.

It opened the trading session at $255.79, the shares rose to $256.08 and dropped to $234.35, the range by which the price of stock traded the whole day. The daily chart for WLTW points out that the company has recorded 15.25% gains over the past six months. However, it is still -32.25% lower than its most recent low trading price.

If we look at the average trading volume of 997.62K shares, WLTW reached to a volume of 3293859 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Willis Towers Watson Public Limited Company [WLTW]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WLTW shares is $268.69 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WLTW stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Raymond James have made an estimate for Willis Towers Watson Public Limited Company shares, keeping their opinion on the stock as Strong Buy, with their previous recommendation back on February 11, 2021. The new note on the price target was released on January 11, 2021, representing the official price target for Willis Towers Watson Public Limited Company stock. Previously, the target price had yet another drop from $246 to $202, while Piper Sandler kept a Neutral rating on WLTW stock.

The Average True Range (ATR) for Willis Towers Watson Public Limited Company is set at 5.46, with the Price to Sales ratio for WLTW stock in the period of the last 12 months amounting to 3.23. The Price to Book ratio for the last quarter was 2.67, with the Price to Cash per share for the same quarter was set at 15.20. Price to Free Cash Flow for WLTW in the course of the last twelve months was 28.45 with Quick ratio for the last quarter at 1.10.

Trading performance analysis for WLTW stock

Willis Towers Watson Public Limited Company [WLTW] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.82. With this latest performance, WLTW shares dropped by -10.85% in over the last four-week period, additionally plugging by 15.25% over the last 6 months – not to mention a rise of 23.75% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WLTW stock in for the last two-week period is set at 24.55, with the RSI for the last a single of trading hit 14.65, and the three-weeks RSI is set at 33.34 for Willis Towers Watson Public Limited Company [WLTW]. The present Moving Average for the last 50 days of trading for this stock 253.03, while it was recorded at 252.77 for the last single week of trading, and 221.81 for the last 200 days.

Willis Towers Watson Public Limited Company [WLTW]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Willis Towers Watson Public Limited Company [WLTW] shares currently have an operating margin of +15.09 and a Gross Margin at +76.37. Willis Towers Watson Public Limited Company’s Net Margin is presently recorded at +10.63.

Return on Total Capital for WLTW is now 8.13, given the latest momentum, and Return on Invested Capital for the company is 6.04. Return on Equity for this stock inclined to 9.45, with Return on Assets sitting at 2.69. When it comes to the capital structure of this company, Willis Towers Watson Public Limited Company [WLTW] has a Total Debt to Total Equity ratio set at 62.17. Additionally, WLTW Total Debt to Total Capital is recorded at 38.34, with Total Debt to Total Assets ending up at 17.46. Long-Term Debt to Equity for the company is recorded at 51.77, with the Long-Term Debt to Total Capital now at 31.92.

Reflecting on the efficiency of the workforce at the company, Willis Towers Watson Public Limited Company [WLTW] managed to generate an average of $21,605 per employee. Receivables Turnover for the company is 3.22 with a Total Asset Turnover recorded at a value of 0.25.Willis Towers Watson Public Limited Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.10.

Willis Towers Watson Public Limited Company [WLTW]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Willis Towers Watson Public Limited Company posted 1.8/share EPS, while the average EPS was predicted by analysts to be reported at 1.63/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 10.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WLTW. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Willis Towers Watson Public Limited Company go to 7.40%.

An analysis of insider ownership at Willis Towers Watson Public Limited Company [WLTW]

There are presently around $27,824 million, or 98.80% of WLTW stock, in the hands of institutional investors. The top three institutional holders of WLTW stocks are: VANGUARD GROUP INC with ownership of 13,628,753, which is approximately 0.867% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 8,894,512 shares of the stock with an approximate value of $2.11 billion in WLTW stocks shares; and STATE STREET CORP, currently with $1.51 billion in WLTW stock with ownership of nearly 3.164% of the company’s market capitalization.

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Positions in Willis Towers Watson Public Limited Company stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 232 institutional holders increased their position in Willis Towers Watson Public Limited Company [NASDAQ:WLTW] by around 17,077,758 shares. Additionally, 281 investors decreased positions by around 16,229,912 shares, while 87 investors held positions by with 84,023,568 shares. The mentioned changes placed institutional holdings at 117,331,238 shares, according to the latest SEC report filing. WLTW stock had 70 new institutional investments in for a total of 7,323,083 shares, while 65 institutional investors sold positions of 4,378,210 shares during the same period.

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