During the last session, WW International Inc. (NASDAQ:WW)’s traded shares were 1.78 million, with the beta value of the company hitting 1.55. At the end of the trading day, the stock’s price was $7.34, reflecting an intraday loss of -6.50% or -$0.51. The 52-week high for the WW share is $32.80, that puts it down -346.87 from that peak though still a striking 22.89% gain since the share price plummeted to a 52-week low of $5.66. The company’s market capitalization is $515.49M, and the average intraday trading volume over the past 10 days was 1.31 million shares, and the average trade volume was 1.44 million shares over the past three months.
WW International Inc. (WW) received a consensus recommendation of a Hold from analysts. That translates to a mean rating of 2.50. WW has a Sell rating from 0 analyst(s) out of 11 analysts who have looked at this stock. 8 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.35.
WW International Inc. (NASDAQ:WW) trade information
WW International Inc. (WW) registered a -6.50% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -6.50% in intraday trading to $7.34 this Thursday, 08/04/22, hitting a weekly high. The stock’s 5-day price performance is 7.62%, and it has moved by 4.86% in 30 days. Based on these gigs, the overall price performance for the year is -75.82%. The short interest in WW International Inc. (NASDAQ:WW) is 4.76 million shares and it means that shorts have 4.1 day(s) to cover.
The consensus price target of analysts on Wall Street is $11.36, which implies an increase of 35.39% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7.50 and $18.75 respectively. As a result, WW is trading at a discount of -155.45% off the target high and -2.18% off the low.
WW International Inc. (WW) estimates and forecasts
Statistics show that WW International Inc. has underperformed its competitors in share price, compared to the industry in which it operates. WW International Inc. (WW) shares have gone down -41.70% during the last six months, with a year-to-date growth rate less than the industry average at -29.93% against 27.30. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to shrink -27.10% this quarter and then drop -27.80% in the quarter after that. In the rating firms’ projections, revenue will decrease -8.60% compared to the previous financial year.
Revenue for the current quarter is expected to be $284.83 million as predicted by 8 analyst(s). Meanwhile, a consensus of 8 analyst(s) estimates revenue growth to $269.29 million by the end of Sep 2022.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -1.60%. While earnings are projected to return -11.80% in 2022, the next five years will return -6.70% per annum.
WW International Inc. is due to release its next quarterly earnings between February 23 and February 28. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
WW International Inc. (NASDAQ:WW)’s Major holders
WW International Inc. insiders own 2.93% of total outstanding shares while institutional holders control 84.10%, with the float percentage being 86.63%. Artal Group S.A. is the largest shareholder of the company, while 282 institutions own stock in it. As of Mar 30, 2022, the company held over 14.82 million shares (or 21.07% of all shares), a total value of $151.59 million in shares.
The next largest institutional holding, with 8.4 million shares, is of Blackrock Inc.’s that is approximately 11.94% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $85.92 million.
Also, the Mutual Funds coming in first place with the largest holdings of WW International Inc. (WW) shares are iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund. Data provided on Jun 29, 2022 indicates that iShares Core S&P Smallcap ETF owns about 3.82 million shares. This amounts to just over 5.43 percent of the company’s overall shares, with a $24.4 million market value. The same data shows that the other fund manager holds slightly less at 1.54 million, or about 2.18% of the stock, which is worth about $15.72 million.