Now Is A Good Time To Buy WW International Inc (NASDAQ: WW)

ZM Stock

During the recent session, WW International Inc (NASDAQ:WW)’s traded shares were 0.51 million, with the beta value of the company hitting 1.74. At the last check today, the stock’s price was $1.42, reflecting an intraday loss of -4.05% or -$0.06. The 52-week high for the WW share is $9.77, that puts it down -588.03 from that peak though still a striking 52.82% gain since the share price plummeted to a 52-week low of $0.67. The company’s market capitalization is $113.42M, and the average intraday trading volume over the past 10 days was 4.77 million shares, and the average trade volume was 8.66 million shares over the past three months.

WW International Inc (WW) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.00. WW has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.03.

WW International Inc (NASDAQ:WW) trade information

WW International Inc (WW) registered a -4.05% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -4.05% in intraday trading to $1.42, hitting a weekly high. The stock’s 5-day price performance is 3.66%, and it has moved by 55.88% in 30 days. Based on these gigs, the overall price performance for the year is -80.73%. The short interest in WW International Inc (NASDAQ:WW) is 11.59 million shares and it means that shorts have 2.73 day(s) to cover.

The consensus price target of analysts on Wall Street is $1.25, which implies a decrease of -13.6% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.25 and $1.25 respectively. As a result, WW is trading at a premium of 11.97% off the target high and 11.97% off the low.

WW International Inc (WW) estimates and forecasts

Statistics show that WW International Inc has outperformed its competitors in share price, compared to the industry in which it operates. WW International Inc (WW) shares have gone up 9.66% during the last six months, with a year-to-date growth rate more than the industry average at 50.00% against 9.60. In the rating firms’ projections, revenue will decrease -12.78% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 173.23M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 180.06M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 205.96M and 206.55M respectively. In this case, analysts expect current quarter sales to shrink by -15.89% and then drop by -12.82% in the coming quarter.

While earnings are projected to return 277.80% in 2024, the next five years will return 15.00% per annum.

WW Dividends

WW International Inc is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. The average dividend yield of the company for the last 5 years is 1.66%.

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

WW International Inc insiders own 1.70% of total outstanding shares while institutional holders control 30.68%, with the float percentage being 31.21%. VANGUARD GROUP INC is the largest shareholder of the company, while 139.0 institutions own stock in it. As of 2024-06-30, the company held over 4.07 million shares (or 5.1346% of all shares), a total value of $4.76 million in shares.

The next largest institutional holding, with 3.69 million shares, is of MORGAN STANLEY’s that is approximately 4.6567% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $4.32 million.

Also, the Mutual Funds coming in first place with the largest holdings of WW International Inc (WW) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 2.4 shares. This amounts to just over 3.01 percent of the company’s overall shares, with a $3.31 million market value. The same data shows that the other fund manager holds slightly less at 1.18, or about 1.48% of the stock, which is worth about $1.63 million.