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How Will WW International Inc. (NASDAQ: WW)’s Current Price Volatility Affect Its Future Potential?

In the latest trading session, 0.81 million WW International Inc. (NASDAQ:WW) shares changed hands as the company’s beta touched 1.81. With the company’s most recent per share price at $11.18 changed hands at -$0.19 or -1.65% at last look, the market valuation stands at $897.68M. WW’s current price is a discount, trading about -8.5% off its 52-week high of $12.13. The share price had its 52-week low at $3.28, which suggests the last value was 70.66% up since then. When we look at WW International Inc.’s average trading volume, we note the 10-day average is 3.79 million shares, with the 3-month average coming to 3.93 million.

Analysts gave the WW International Inc. (WW) stock a consensus recommendation rating of an Overweight, calculated at a mean rating of 2.70. If we narrow down to specifics, the data shows that 1 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended WW as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. WW International Inc.’s EPS for the current quarter is expected to be $Waste Management, Inc.

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WW International Inc. (NASDAQ:WW) trade information

Instantly WW was in red as seen in intraday trades today. With action 0.92%, the performance over the past five days has been green. The drop to weekly highs of 12.09 on Friday, 09/15/23 subtracted -1.65% to the stock’s daily price. The company’s shares are showing year-to-date upside of 189.69%, with the 5-day performance at 0.92% in the green. However, in the 30-day time frame, WW International Inc. (NASDAQ:WW) is 11.82% up. Looking at the short shares, we see there were 9.55 million shares sold at short interest cover period of 2.27 days.

The consensus price target for the stock as assigned by Wall Street analysts is $11.40, meaning bulls need an upside of 1.93% from its recent market value. According to analyst projections, WW’s forecast low is $4.00 with $17.00 as the target high. To hit the forecast high, the stock’s price needs a -52.06% plunge from its current level, while the stock would need to tank 64.22% for it to hit the projected low.

WW International Inc. (WW) estimates and forecasts

Data shows that the WW International Inc. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 158.84% over the past 6 months, a -120.00% in annual growth rate that is considerably lower than the industry average of 15.60%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -36.50%. The 2023 estimates are for WW International Inc. earnings to decrease by -478.10%, but the outlook for the next 5-year period is at 15.00% per year.

WW Dividends

WW International Inc. is expected to release its next quarterly earnings report in October.

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

If we look at who the major shareholders are, we find that insiders hold 2.75% of WW International Inc. shares while 59.16% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 60.83%. There are 59.16% institutions holding the WW International Inc. stock share, with Contrarius Investment Management Limited the top institutional holder. As of Jun 29, 2023, the company held 9.53% of the shares, roughly 7.53 million WW shares worth $50.58 million.

Balyasny Asset Management LLC holds the second largest percentage of outstanding shares, with 5.89% or 4.65 million shares worth $31.27 million as of Jun 29, 2023.

Among Mutual Funds, the top two as of Jun 29, 2023 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. With 2.49 million shares estimated at $16.71 million under it, the former controlled 3.15% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 1.58% of the shares, roughly 1.25 million shares worth around $14.55 million.

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