WW International Inc (WW): Why Is The Stock Strong?

WW International Inc (NASDAQ:WW) has a beta value of 1.79 and has seen 3.0 million shares traded in the last trading session. The company, currently valued at $138.60M, closed the last trade at $1.75 per share which meant it gained $0.16 on the day or 10.06% during that session. The WW stock price is -660.57% off its 52-week high price of $13.31 and 13.71% above the 52-week low of $1.51. The 3-month trading volume is 5.79 million shares.

WW International Inc (NASDAQ:WW) trade information

Sporting 10.06% in the green in last session, the stock has traded in the green over the last five days, when the WW stock price touched $1.75 or saw a rise of 6.91%. Year-to-date, WW International Inc shares have moved -80.00%, while the 5-day performance has seen it change 2.34%. Over the past 30 days, the shares of WW International Inc (NASDAQ:WW) have changed -3.85%.

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 -79.82% over the past 6 months, with this year growth rate of 50.00%, 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 -5.00%.

5 analysts offering their estimates for the company have set an average revenue estimate of $199.39 million for the current quarter. 5 have an estimated revenue figure of $211.81 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 -15.30% for the current quarter and -7.70% for the next.

Earnings growth for 2024 is a modest -23.07% 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 in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.