Willis Towers Watson Public Limited Company [NASDAQ: WLTW] jumped around 2.51 points on Thursday, while shares priced at $233.45 at the close of the session, up 1.09%. The company report on September 23, 2021 that Willis Towers Watson Increases Share Repurchase Program by $4 Billion.
Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, announced that its Board of Directors approved an increase to the existing share repurchase authority in the amount of $4 billion. The $4 billion increase is in addition to the $500 million remaining on the current open-ended repurchase authority. The Company is authorized to repurchase shares, by way of redemption or otherwise, and will consider whether to do so from time to time, based on many factors, including market and economic conditions, applicable legal requirements and other business considerations.
ABOUT WILLIS TOWERS WATSONWillis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 46,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.
Willis Towers Watson Public Limited Company stock is now 10.81% up from its year-to-date (YTD) trading value. WLTW Stock saw the intraday high of $235.11 and lowest of $232.08 per share. The company’s 52-week high price is 271.87, which means current price is +18.12% above from all time high which was touched on 05/10/21.
Compared to the average trading volume of 1.89M shares, WLTW reached a trading volume of 2995916 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say 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 $249.64 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.
MKM Partners have made an estimate for Willis Towers Watson Public Limited Company shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 10, 2021. While these analysts kept the previous recommendation, Wolfe Research raised their target price to Outperform. The new note on the price target was released on August 17, 2021, representing the official price target for Willis Towers Watson Public Limited Company stock.
The Average True Range (ATR) for Willis Towers Watson Public Limited Company is set at 5.00, with the Price to Sales ratio for WLTW stock in the period of the last 12 months amounting to 3.17. The Price to Book ratio for the last quarter was 2.60, with the Price to Cash per share for the same quarter was set at 16.90. Price to Free Cash Flow for WLTW in the course of the last twelve months was 36.28 with Quick ratio for the last quarter at 1.10.
How has WLTW stock performed recently?
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 -0.26. With this latest performance, WLTW shares gained by 7.90% in over the last four-week period, additionally plugging by 3.99% over the last 6 months – not to mention a rise of 14.44% 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 58.51, with the RSI for the last a single of trading hit 59.39, and the three-weeks RSI is set at 56.64 for Willis Towers Watson Public Limited Company [WLTW]. The present Moving Average for the last 50 days of trading for this stock 220.87, while it was recorded at 230.08 for the last single week of trading, and 227.98 for the last 200 days.
Willis Towers Watson Public Limited Company [WLTW]: Deeper insight into the fundamentals
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.
Earnings analysis for Willis Towers Watson Public Limited Company [WLTW]
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%.
Insider trade positions for Willis Towers Watson Public Limited Company [WLTW]
There are presently around $27,656 million, or 99.50% of WLTW stock, in the hands of institutional investors. The top three institutional holders of WLTW stocks are: VANGUARD GROUP INC with ownership of 13,724,362, which is approximately 0.702% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 8,742,017 shares of the stock with an approximate value of $2.04 billion in WLTW stocks shares; and STATE STREET CORP, currently with $1.48 billion in WLTW stock with ownership of nearly 0.089% of the company’s market capitalization.
Positions in Willis Towers Watson Public Limited Company stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 240 institutional holders increased their position in Willis Towers Watson Public Limited Company [NASDAQ:WLTW] by around 12,188,693 shares. Additionally, 261 investors decreased positions by around 12,924,765 shares, while 94 investors held positions by with 93,351,114 shares. The mentioned changes placed institutional holdings at 118,464,572 shares, according to the latest SEC report filing. WLTW stock had 61 new institutional investments in for a total of 2,291,493 shares, while 49 institutional investors sold positions of 3,116,706 shares during the same period.