WW International (NASDAQ:WW) Announces Quarterly Earnings Results

WW International (NASDAQ:WW) announced its earnings results on Thursday. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.31, Zacks reports. During the same quarter in the previous year, the business posted ($1.11) EPS.

WW International Stock Up 10.2 %

NASDAQ:WW traded up $0.07 during midday trading on Thursday, reaching $0.80. The stock had a trading volume of 5,299,761 shares, compared to its average volume of 2,965,223. The firm has a fifty day simple moving average of $1.11 and a two-hundred day simple moving average of $1.08. WW International has a 12-month low of $0.63 and a 12-month high of $3.92. The stock has a market cap of $63.81 million, a P/E ratio of -0.14 and a beta of 1.71.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of WW International from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $3.00.

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.