WW International Inc [WW] Stock trading around $3.22 per share: What’s Next?

WW International Inc [NASDAQ: WW] closed the trading session at $3.22. The company report on February 14, 2024 at 4:01 PM that WW International, Inc. Schedules Fourth Quarter and Full Year 2023 Earnings Conference Call.

WeightWatchers will host a conference call at 5:00 p.m. ET the same day. During the conference call, Sima Sistani, Chief Executive Officer, and Heather Stark, Chief Financial Officer, will discuss the fourth quarter and full year 2023 results and answer questions from the investment community.

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The stocks have a year to date performance of -63.20 percent and weekly performance of -21.46 percent. The stock has been moved at -65.45 percent over the last six months. The stock has performed -27.96 percent around the most recent 30 days and changed -52.99 percent over the most recent 3-months.

If compared to the average trading volume of 5.07M shares, WW reached to a volume of 6701322 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about WW International Inc [WW]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WW shares is $10.36 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WW stock is a recommendation set at 2.25. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Barclays have made an estimate for WW International Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on January 03, 2024. While these analysts kept the previous recommendation, Guggenheim raised their target price to Buy. The new note on the price target was released on December 20, 2023, representing the official price target for WW International Inc stock. Previously, the target price had yet another raise from $4 to $10, while Craig Hallum kept a Hold rating on WW stock. On July 26, 2023, analysts increased their price target for WW shares from 5 to 13.

The Average True Range (ATR) for WW International Inc is set at 0.41, with the Price to Sales ratio for WW stock in the period of the last 12 months amounting to 0.28.

WW stock trade performance evaluation

WW International Inc [WW] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -21.46. With this latest performance, WW shares dropped by -27.96% in over the last four-week period, additionally sinking by -65.45% over the last 6 months – not to mention a drop of -18.89% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WW stock in for the last two-week period is set at 32.33, with the RSI for the last a single of trading hit 29.55, and the three-weeks RSI is set at 34.08 for WW International Inc [WW]. The present Moving Average for the last 50 days of trading for this stock 5.74, while it was recorded at 3.39 for the last single week of trading, and 7.95 for the last 200 days.

WW International Inc [WW]: An insightful look at the core fundamentals

WW International Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.08 and a Current Ratio set at 1.13.

Earnings per share (EPS) analysis for WW International Inc [WW] stock

With the latest financial reports released by the company, WW International Inc posted -0.46/share EPS, while the average EPS was predicted by analysts to be reported at -0.02/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -2,200.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WW. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for WW International Inc go to 15.00%.

WW International Inc [WW]: Institutional Ownership

The top three institutional holders of WW stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in WW stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in WW stock with ownership which is approximately 5.8325%.