Weight Watchers (WTW) volatility elevated, shares down 13% in premarket on lower guidance

August 2, 2012 9:17 AM EDT Send to a Friend
Weight Watchers (NYSE: WTW) is recently down $6.79 to $42 in the premarket after revising lower FY12 EPS guidance to $4.00 and $4.20, compared to consensus $4.61. Credit Suisse say’s stock is undervalued and lower its price target to $74 from $82. Overall option implied volatility of 67 is above its 26-week average of 40 according to Track Data.


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