WW International Inc. (NASDAQ:WW) has a beta value of 1.48 and has seen 1.27 million shares traded in the last trading session. The company, currently valued at $273.44M, closed the last trade at $4.03 per share which meant it lost -$0.19 on the day or -4.50% during that session. The WW stock price is -232.26% off its 52-week high price of $13.39 and 18.61% above the 52-week low of $3.28. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.22 million shares traded. The 3-month trading volume is 1.50 million shares.
The consensus among analysts is that WW International Inc. (WW) is an Overweight stock at the moment, with a recommendation rating of 2.70. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 6 out of 9 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.36.
WW International Inc. (NASDAQ:WW) trade information
Sporting -4.50% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Tuesday, 01/24/23 when the WW stock price touched $4.03 or saw a rise of 12.96%. Year-to-date, WW International Inc. shares have moved 4.40%, while the 5-day performance has seen it change -11.82%. Over the past 30 days, the shares of WW International Inc. (NASDAQ:WW) have changed 8.04%. Short interest in the company has seen 6.47 million shares shorted with days to cover at 4.12.
Wall Street analysts have a consensus price target for the stock at $4.46, which means that the shares’ value could jump 9.64% from current levels. The projected low price target is $3.00 while the price target rests at a high of $6.00. In that case, then, we find that the current price level is -48.88% off the targeted high while a plunge would see the stock lose 25.56% from current levels.
WW International Inc. (WW) estimates and forecasts
Figures show that WW International Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -40.03% over the past 6 months, with this year growth rate of -44.53%, compared to 17.20% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2023 fiscal year revenue. Growth estimates for the current quarter are -50.00% and -68.60% for the next quarter. Revenue growth from the last financial year stood is estimated to be -12.70%.
6 analysts offering their estimates for the company have set an average revenue estimate of $252.99 million for the current quarter. 6 have an estimated revenue figure of $238.73 million for the next quarter concluding in Dec 2022.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -1.60% over the past 5 years. Earnings growth for 2023 is a modest -11.80% while over the next 5 years, the company’s earnings are expected to decrease by -6.70%.
WW International Inc. is expected to release its next earnings report between February 27 and March 03 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
WW International Inc. (NASDAQ:WW)’s Major holders
Insiders own 2.96% of the company shares, while shares held by institutions stand at 88.40% with a share float percentage of 91.10%. Investors are also buoyed by the number of investors in a company, with WW International Inc. having a total of 277 institutions that hold shares in the company. The top two institutional holders are Artal Group S.A. with over 14.82 million shares worth more than $94.69 million. As of Jun 29, 2022, Artal Group S.A. held 21.05% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 8.69 million shares as of Jun 29, 2022. The firm’s total holdings are worth over $55.56 million and represent 12.35% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Core S&P Smallcap ETF and Federated Hermes MDT Small Cap Core Fund. As of Sep 29, 2022, the former fund manager holds about 5.56% shares in the company for having 3.91 million shares of worth $15.38 million while later fund manager owns 2.08 million shares of worth $13.8 million as of Jul 30, 2022, which makes it owner of about 2.95% of company’s outstanding stock.