The stock of WW International Inc (NASDAQ:WW) last traded at $8.23, up 2.87% from the previous session.
Data from the available sources indicates that WW International Inc (NASDAQ:WW) is covered by 5 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $17.00 and a low of $10.00, we find $12.50. Given the previous closing price of $8.00, this indicates a potential upside of 56.25 percent. WW stock price is now -20.69% away from the 50-day moving average and 8.34% away from the 200-day moving average. The market capitalization of the company currently stands at $649.92M.
In total, 2 analysts have assigned it a hold rating, and 3 have given it a buy rating. Brokers who have rated the stock have averaged $12.60 as their price target over the next twelve months.
With the price target enhanced from $4 to $10, Craig Hallum Upgraded its rating from Sell to Hold for WW International Inc (NASDAQ: WW).
In other news, KELLY DENIS F, Director bought 16,000 shares of the company’s stock on May 11. The stock was bought for $109,760 at an average price of $6.86. Upon completion of the transaction, the Director now directly owns 96,921 shares in the company, valued at $0.8 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 10, 10% Owner Westend S.A. sold 14,818,300 shares of the business’s stock. A total of $105,950,845 was realized by selling the stock at an average price of $7.15. Insiders disposed of 14,890,629 shares of company stock worth roughly $122.55 million over the past 1 year. A total of 2.84% of the company’s stock is owned by insiders.
With an opening price of $8.28 on Thursday morning, WW International Inc (NASDAQ: WW) set off the trading day. During the past 12 months, WW International Inc has had a low of $3.28 and a high of $13.31. The fifty day moving average price for WW is $10.35 and a two-hundred day moving average price translates $7.62 for the stock.
The latest earnings results from WW International Inc (NASDAQ: WW) was released for Jun, 2023. According to the Personal Services Company, earnings per share came in at -$0.04, missing analysts’ expectations of $0.1 by -0.14. This compares to -$0.07 EPS in the same period last year. The company reported revenue of $226.83 million for the quarter, compared to $269.45 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -15.82 percent. For the current quarter, analysts expect WW to generate $221.59M in revenue.
