WW International Inc (NASDAQ:WW) has a beta value of 1.83 and has seen 18.88 million shares traded in the last trading session. The company, currently valued at $178.99M, closed the last trade at $2.26 per share which meant it gained $0.39 on the day or 20.86% during that session. The WW stock price is -488.94% off its 52-week high price of $13.31 and 29.65% above the 52-week low of $1.59. If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.25 million shares traded. The 3-month trading volume is 6.26 million shares.
WW International Inc (NASDAQ:WW) trade information
Sporting 20.86% in the green in last session, the stock has traded in the red over the last five days, when the WW stock price touched $2.26 or saw a rise of 25.9%. Year-to-date, WW International Inc shares have moved -74.17%, while the 5-day performance has seen it change -24.67%. Over the past 30 days, the shares of WW International Inc (NASDAQ:WW) have changed -50.33%. Short interest in the company has seen 12.36 million shares shorted with days to cover at 2.21.
WW International Inc (WW) estimates and forecasts
Figures show that WW International Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -80.45% over the past 6 months, with this year growth rate of 166.67%, compared to 8.20% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -207.10% and 300.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be -4.80%.
4 analysts offering their estimates for the company have set an average revenue estimate of $199.95 million for the current quarter. 4 have an estimated revenue figure of $211.66 million for the next quarter concluding in Jun 2024. Year-ago sales stood $235.4 million and $229.47 million respectively for this quarter and the next, and analysts expect sales will shrink by -15.10% for the current quarter and -7.80% for the next.
Earnings growth for 2024 is a modest 52.55% while over the next 5 years, the company’s earnings are expected to increase by 15.00%.
WW Dividends
WW International Inc is expected to release its next earnings report between May 02 and May 06 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 1.33% of the company shares, while shares held by institutions stand at 83.06% with a share float percentage of 84.18%. Investors are also buoyed by the number of investors in a company, with WW International Inc having a total of 259 institutions that hold shares in the company. The top two institutional holders are Contrarius Investment Management Limited with over 7.53 million shares worth more than $50.58 million. As of Jun 29, 2023, Contrarius Investment Management Limited held 9.53% of shares outstanding.
The other major institutional holder is Balyasny Asset Management LLC, with the holding of over 4.65 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $31.27 million and represent 5.89% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. As of Jun 29, 2023, the former fund manager holds about 3.15% shares in the company for having 2.49 million shares of worth $16.71 million while later fund manager owns 1.25 million shares of worth $12.14 million as of Aug 30, 2023, which makes it owner of about 1.58% of company’s outstanding stock.
