WW International Inc (NASDAQ:WW) does about 6.27M shares in volume on a normal day but saw 5260183 shares change hands in Tuesday trading. The company now has a market cap of 156.02M USD. Its current market price is $1.97, marking an increase of 7.65% compared to the previous close of $1.83. The 52 week high reached by this stock is $13.31 whilst the lowest price level in 52 weeks is $1.56.
WW International Inc (WW) has a 20-day trading average at $1.9698 and the current price is -85.19% off the 52-week high compared with 26.28% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.0663 and its 200-day simple moving average is $7.2394. If we look at the stock’s price movements over the week, volatility stands at 11.31%, which increases to 14.72% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 40.80 to suggest the stock is neutral.
The consensus objective for the share price is $6.58, suggesting that the stock has a potential upside of 70.06% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on January 03, 2024 when Barclays initiated the stock to “Underweight” and issued a price target of $8. Craig Hallum upgraded its price target at $4-$10.
WW International Inc (WW) stock is up 15.20% over the week and -34.33% over the past month. Its price is -77.49% year-to-date and -52.76% over the past year.
The stock last released its quarterly earnings report for quarter ended 12/30/2023, with the company’s earnings per share (EPS) of -$0.54 below consensus estimates by -$0.48. WW’s earnings per share are forecast to grow by 84.70% this year and 488.90% over next year. Expected sales for next quarter are $211.66 million, which analysts say will come at $846.45 million for the current fiscal year and next year at $935.31 million. In addition, estimates put the company’s current quarterly revenue at an average of $199.95 million.
To reach the target analysts have set, the stock logically needs to grow 70.06 percent from here.
Outstanding shares total 79.19M with insiders holding 1.38% of the shares and institutional holders owning 83.06% of the company’s common stock. The company has a return on investment of -15.62%. The forward price to earnings ratio is 6.75. The beta has a value of 1.78. Price to sales ratio is 0.18.
