WW International, Inc. Forecasted to Earn Q2 2024 Earnings of $0.01 Per Share (NASDAQ:WW)

WW International, Inc. (NASDAQ:WW) – Analysts at DA Davidson issued their Q2 2024 EPS estimates for WW International in a note issued to investors on Monday, May 6th. DA Davidson analyst L. Weiser anticipates that the company will post earnings per share of $0.01 for the quarter. DA Davidson currently has a “Buy” rating and a $6.00 target price on the stock. The consensus estimate for WW International’s current full-year earnings is ($0.06) per share. DA Davidson also issued estimates for WW International’s FY2025 earnings at $0.50 EPS.

WW International (NASDAQ:WW) last issued its quarterly earnings results on Wednesday, February 28th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.07). The firm had revenue of $205.96 million during the quarter, compared to analyst estimates of $205.95 million.

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

WW International Stock Up 2.0 %

WW opened at $2.09 on Tuesday. The company’s 50-day moving average price is $2.11 and its 200 day moving average price is $4.90. The firm has a market cap of $165.68 million, a price-to-earnings ratio of -0.48 and a beta of 1.75. WW International has a fifty-two week low of $1.51 and a fifty-two week high of $13.31.

Institutional Trading of WW International

A number of institutional investors and hedge funds have recently modified their holdings of the company. SG Americas Securities LLC raised its position in WW International by 52.1% in the first quarter. SG Americas Securities LLC now owns 47,409 shares of the company’s stock worth $88,000 after purchasing an additional 16,244 shares in the last quarter. Connectus Wealth LLC acquired a new position in shares of WW International in the 4th quarter worth approximately $127,000. Raymond James Trust N.A. bought a new position in shares of WW International during the 4th quarter worth approximately $175,000. BNP Paribas Financial Markets boosted its stake in WW International by 229.7% in the 1st quarter. BNP Paribas Financial Markets now owns 113,427 shares of the company’s stock valued at $210,000 after buying an additional 79,026 shares in the last quarter. Finally, Advisors Preferred LLC bought a new stake in WW International in the third quarter valued at $268,000. 86.18% of the stock is currently owned by institutional investors.

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.