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WW International Inc. (NASDAQ: WW) Has Advanced -53.64% In 2023; Is The Share Price Attractive Enough At $9.00?

WW International Inc. (NASDAQ:WW)’s traded shares stood at 4.1 million during the last session, with the company’s beta value hitting 1.58. At the close of trading, the stock’s price was $4.40. The WW share’s 52-week high remains $11.03, putting it -150.68% down since that peak but still an impressive 25.45% since price per share fell to its 52-week low of $3.28. The company has a valuation of $357.63M, with an average of 15.08 million shares in intraday trading volume over the past 10 days and average of 3.62 million shares over the past 3 months.

Analysts have given a consensus recommendation of a Hold for WW International Inc. (WW), translating to a mean rating of 3.00. Of 5 analyst(s) looking at the stock, 1 analyst(s) give WW a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -$0.02.

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WW International Inc. (NASDAQ:WW) trade information

WW International Inc. (WW) has traded red over the past five days. The stock hit a weekly high of 5.55 this Wednesday, 03/15/23. The 5-day price performance for the stock is -19.34%, and -1.35% over 30 days. With these gigs, the year-to-date price performance is 13.99%. Short interest in WW International Inc. (NASDAQ:WW) saw shorts transact 5.91 million shares and set a 4.12 days time to cover.

Analysts on Wall Street suggest a consensus price target of $5.13, implying an increase of 14.23% to the stock’s current value. The extremes give us $3.00 and $9.00 for target low and target high price respectively. As such, WW has been trading -104.55% off suggested target high and 31.82% from its likely low.

WW International Inc. (WW) estimates and forecasts

Looking at statistics comparing WW International Inc. share performance against respective industry, we note that the company has underperformed competitors. WW International Inc. (WW) shares are -22.26% down over the last 6 months, with its year-to-date growth rate lower than industry average at -91.25% against 5.20%. Revenue is forecast to shrink -105.70% this quarter before falling -125.00% for the next one. The rating firms project that company’s revenue will shrink -14.10% compared to the previous financial year.

Revenue forecast for the current quarter as set by 6 analysts is $224.25 million. Meanwhile, for the quarter ending Mar 2023, a total of 5 analyst(s) estimate revenue growth to $246.27 million.Earnings reports from the last fiscal year show that sales brought in $275.79 million and $297.76 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -18.70% before dropping -17.30% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -36.50% for the past 5-year period. While 2023 is set for a -478.10% return in earnings, projections for the next 5 years are at 15.00% annually.

WW Dividends

WW International Inc. has its next earnings report out between May 03 and May 08. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. WW International Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

WW International Inc. (NASDAQ:WW)’s Major holders

WW International Inc. insiders hold 3.21% of total outstanding shares, with institutional holders owning 82.55% of the shares at 85.29% float percentage. In total, 82.55% institutions holds shares in the company, led by Artal Group S.A. As of Sep 29, 2022, the company held over 14.82 million shares (or 21.01% of shares), all amounting to roughly $58.24 million.

The next major institution holding the largest number of shares is Blackrock Inc. with 8.5 million shares, or about 12.06% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $33.41 million.

We also have iShares Core S&P Smallcap ETF and Federated Hermes MDT Small Cap Core Fund as the top two Mutual Funds with the largest holdings of the WW International Inc. (WW) shares. Going by data provided on Dec 30, 2022, iShares Core S&P Smallcap ETF holds roughly 3.98 million shares. This is just over 5.64% of the total shares, with a market valuation of $15.36 million. Data from the same date shows that the other fund manager holds a little less at 1.85 million, or 2.63% of the shares, all valued at about 8.38 million.

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