Is WW International Inc (NASDAQ: WW) Stock Set To Rise More?

In the latest trading session, 1.14 million WW International Inc (NASDAQ:WW) shares changed hands as the company’s beta touched 1.78. With the company’s most recent per share price at $0.97 changed hands at -$0.06 or -6.17% at last look, the market valuation stands at $77.18M. WW’s current price is a discount, trading about -438.14% off its 52-week high of $5.22. The share price had its 52-week low at $0.67, which suggests the last value was 30.93% up since then. When we look at WW International Inc’s average trading volume, we note the 10-day average is 2.02 million shares, with the 3-month average coming to 3.86 million.

Analysts gave the WW International Inc (WW) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 3 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, 2 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 -0.02.

WW International Inc (NASDAQ:WW) trade information

Instantly WW was in red as seen in intraday trades today. With action -16.69%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -23.90%, with the 5-day performance at -16.69% in the red. However, in the 30-day time frame, WW International Inc (NASDAQ:WW) is -32.42% down. Looking at the short shares, we see there were 12.37 million shares sold at short interest cover period of 3.23 days.

The consensus price target for the stock as assigned by Wall Street analysts is 3.62, meaning bulls need an upside of 73.2% from its recent market value. According to analyst projections, WW’s forecast low is 1.25 with 6 as the target high. To hit the forecast high, the stock’s price needs a -518.56% plunge from its current level, while the stock would need to soar -28.87% 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 better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 14.19% over the past 6 months, a 50.00% in annual growth rate that is considerably higher than the industry average of 6.90%. Year-over-year growth is forecast to reach -12.72% down from the last financial year.

Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 173.23M. 2 analysts are of the opinion that WW International Inc’s revenue for the current quarter will be 180.06M. The company’s revenue for the corresponding quarters a year ago was 205.96M and 206.55M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -15.89%. The estimates for the next quarter sales put growth at -12.82%.

The 2025 estimates are for WW International Inc earnings to increase by 277.80%, but the outlook for the next 5-year period is at 17.48% per year.

WW Dividends

WW International Inc is expected to release its next quarterly earnings report in March. During the past 5 years, the average dividend yield was 1.66 per year.

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

If we look at who the major shareholders are, we find that insiders hold 1.78% of WW International Inc shares while 30.59% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 31.14%. There are 30.59% institutions holding the WW International Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 5.1346% of the shares, roughly 4.07 million WW shares worth $4.76 million.

MORGAN STANLEY holds the second largest percentage of outstanding shares, with 4.6567% or 3.69 million shares worth $4.32 million as of 2024-06-30.

Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. With 2.4 shares estimated at $2.35 million under it, the former controlled 3.01% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 1.48% of the shares, roughly 1.18 shares worth around $1.15 million.