WW International, Inc. (NASDAQ:WW - Get Free Report)'s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $15.95 and traded as high as $16.37. WW International shares last traded at $15.99, with a volume of 123,647 shares trading hands.
Analyst Ratings Changes
WW has been the subject of a number of research reports. Weiss Ratings lowered shares of WW International from a "sell (d)" rating to a "sell (d-)" rating in a research note on Thursday, August 6th. Wall Street Zen raised shares of WW International from a "strong sell" rating to a "hold" rating in a research note on Saturday, August 8th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Reduce".
Check Out Our Latest Research Report on WW International
WW International Stock Up 1.8%
The stock has a market cap of $159.88 million, a P/E ratio of -2.76 and a beta of 1.30. The firm's 50-day moving average is $15.65 and its two-hundred day moving average is $15.95.
WW International (NASDAQ:WW - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.93. The company had revenue of $162.32 million for the quarter, compared to the consensus estimate of $159.13 million. Analysts anticipate that WW International, Inc. will post -0.06 earnings per share for the current fiscal year.
Insider Buying and Selling at WW International
In related news, Director Eugene I. Davis bought 10,000 shares of WW International stock in a transaction that occurred on Wednesday, May 27th. The stock was purchased at an average cost of $14.73 per share, for a total transaction of $147,300.00. Following the acquisition, the director owned 21,648 shares in the company, valued at $318,875.04. This trade represents a 85.85% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.39% of the company's stock.
Hedge Funds Weigh In On WW International
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cooper Creek Partners Management LLC lifted its stake in shares of WW International by 50.1% in the first quarter. Cooper Creek Partners Management LLC now owns 975,419 shares of the company's stock worth $13,402,000 after buying an additional 325,434 shares during the last quarter. Invesco Senior Secured Management Inc. ADV bought a new stake in shares of WW International during the 4th quarter worth $4,989,000. Geode Capital Management LLC grew its stake in WW International by 3.9% in the 4th quarter. Geode Capital Management LLC now owns 113,610 shares of the company's stock valued at $3,321,000 after buying an additional 4,251 shares during the last quarter. Marshall Wace LLP acquired a new position in WW International in the 4th quarter valued at $1,108,000. Finally, Quinn Opportunity Partners LLC bought a new position in WW International in the 4th quarter worth $1,010,000. Institutional investors and hedge funds own 86.18% of the company's stock.
About WW International
(
Get Free Report)
WW International, Inc NASDAQ: WW is a global wellness and weight management company that provides a range of subscription-based programs, digital tools and personalized coaching services. Originally founded in 1963 by Jean Nidetch as a small support group in New York City, the company grew into the well-known Weight Watchers brand before rebranding as WW in 2018 to reflect an expanded focus on overall health, fitness and nutrition. Over the years, WW has introduced innovations such as the SmartPoints® system, which assigns values to foods based on their nutritional composition, and the MyWW® personalized wellness plan, which tailors recommendations to individual lifestyles and goals.
WW's offerings span digital and in-person channels.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider WW International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WW International wasn't on the list.
While WW International currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation.
Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
