FY2024 EPS Estimates for WW International, Inc. (NASDAQ:WW) Raised by Analyst

WW International, Inc. (NASDAQ:WW - Free Report) - Stock analysts at DA Davidson lifted their FY2024 EPS estimates for shares of WW International in a research note issued to investors on Monday, May 6th. DA Davidson analyst L. Weiser now forecasts that the company will post earnings of $0.12 per share for the year, up from their previous forecast of ($0.02). DA Davidson has a "Buy" rating and a $6.00 price objective on the stock. The consensus estimate for WW International's current full-year earnings is ($0.03) per share.

WW International (NASDAQ:WW - Get Free Report) last announced its earnings results on Wednesday, February 28th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.01 by ($0.07). The company had revenue of $205.96 million during the quarter, compared to analysts' expectations of $205.95 million.

A number of other equities analysts also recently commented on the company. UBS Group cut their price objective on WW International from $3.00 to $2.10 and set a "neutral" rating on the stock in a report on Thursday, April 25th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of WW International in a research report on Thursday, February 1st. Barclays lowered their price target on shares of WW International from $8.00 to $1.50 and set an "underweight" rating for the company in a research report on Friday, March 1st. Guggenheim reaffirmed a "buy" rating and set a $12.00 target price on shares of WW International in a research note on Monday, March 18th. Finally, StockNews.com cut WW International from a "hold" rating to a "sell" rating in a report on Wednesday, May 1st. Two analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, WW International currently has an average rating of "Hold" and an average price target of $8.09.

WW International Trading Down 9.6 %

Shares of NASDAQ:WW traded down $0.20 on Wednesday, hitting $1.89. The company had a trading volume of 4,714,722 shares, compared to its average volume of 5,785,278. The business has a 50 day moving average of $2.11 and a 200 day moving average of $4.90. The company has a market cap of $149.84 million, a PE ratio of -0.44 and a beta of 1.75. WW International has a 52-week low of $1.51 and a 52-week high of $13.31.

Institutional Trading of WW International

Institutional investors have recently made changes to their positions in the business. SG Americas Securities LLC bought a new position in shares of WW International in the third quarter valued at about $315,000. Black Swift Group LLC acquired a new position in WW International in the 3rd quarter valued at $1,273,000. Advisors Preferred LLC acquired a new position in WW International in the 3rd quarter valued at $268,000. Barometer Capital Management Inc. grew its holdings in shares of WW International by 64.7% during the 3rd quarter. Barometer Capital Management Inc. now owns 188,700 shares of the company's stock worth $2,089,000 after purchasing an additional 74,100 shares in the last quarter. Finally, Raymond James Trust N.A. bought a new position in shares of WW International in the fourth quarter worth $175,000. Institutional investors own 86.18% of the company's stock.

WW International Company Profile

WW International, Inc provides weight management products and services worldwide. It offers a range of nutritional, activity, behavioral, and lifestyle tools and approaches products and services. The company also provides various digital subscription products to wellness and weight management business, which provide interactive and personalized resources that allow users to follow its weight management program through its app and web-based platform; and allows members to inspire and support each other by sharing their experiences with other people on weight health journeys.