WW International Inc (WW) concluded trading on Wednesday at a closing price of $3.48, with 6.53 million shares of worth about $22.72 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -65.29% during that period and on Wednesday the price saw a loss of about -8.77%. Currently the company’s common shares owned by public are about 79.08M shares, out of which, 76.86M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 53 times over the past 12 months. They bought 239,776 shares in 37 of the transactions. In 16 selling transactions, insiders dumped 14,902,838 shares.
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However, the stock later moved at a day high price of 3.8000, or with a loss of -8.77%. Stock saw a price change of -20.62% in past 5 days and over the past one month there was a price change of -26.01%. Year-to-date (YTD), WW shares are showing a performance of -60.17% which decreased to -18.00% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.46 but also hit the highest price of $13.31 during that period. The average intraday trading volume for WW International Inc shares is 4.91 million. The stock is currently trading -19.45% below its 20-day simple moving average (SMA20), while that difference is down -42.29% for SMA50 and it goes to -56.70% lower than SMA200.
WW International Inc (NASDAQ: WW) currently have 79.08M outstanding shares and institutions hold larger chunk of about 83.92% of that.
The stock has a current market capitalization of $275.59M and its 3Y-monthly beta is at 1.88. It has posted earnings per share of -$0.95 in the same period. It has Quick Ratio of 1.08. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for WW, volatility over the week remained 7.72% while standing at 8.50% over the month.
Analysts are in expectations that WW International Inc (WW) stock would likely to be making an EPS of -$0.06 in the current quarter, while forecast for next quarter EPS is -$0.2 and it is $0.18 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.18 which is $0.13 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.46 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -124.34% while it is estimated to increase by 185.38% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Barclays on January 03, 2024 offering an Underweight rating for the stock and assigned a target price of $8 to it. Coverage by Guggenheim stated WW International Inc (WW) stock as a Buy in their note to investors on December 20, 2023, suggesting a price target of $14 for the stock. On September 27, 2023, Craig Hallum Upgrade their recommendations, while on July 26, 2023, Morgan Stanley Upgrade their ratings for the stock with a price target of $13. Stock get a Buy rating from Goldman on April 11, 2023.
