The stock of WW International Inc. (NASDAQ:WW) decreased by -$0.3 on Friday to finish at $10.14, down -2.87 percent. The last five days have seen an average of 5,528,801 shares of common stock traded. 17 times new highs were reached in the current year, with a gain of $6.41. The average number of shares traded over the last 20 days was 5,588,450, while the average volume over the last 50 days totaled 4,000,890.
WW stock appreciated 25.96% since last month. On 08/07/23, the company’s shares reached a one-month low of $7.67. The stock touched a high of $12.13 on 07/31/23, after rallying from a low of $3.28 in 52 weeks. The price of WW stock has risen by 162.69% or $6.41 this year, reaching a new high 17 times. Still, the stock price is down -16.41% from the 52-week high.
Insider Transactions
WW stock investors should be aware that WW International Inc. (WW) stock had its last reported insider trading activity 95 days ago on May 11. On May 11, Director KELLY DENIS F acquired 16,000 shares at $6.86 each. This transaction resulted in the insider spending $109,760. On May 10, Westend S.A. sold 14,818,300 shares at a price of US$7.15. After the transaction, the insider now owns 0 shares. Interim Principal Fin. Officer Stark Heather had earlier bought 10,000 shares on Dec 02 for $3.85 a share. The transaction was completed for $38,500.
Valuation Metrics
Company paid $0.1750 per share in dividends, remained unchanged from $0.1750 last year.
Financial Health
For the three months ended June 29, WW International Inc.’s quick ratio was 0.80, while its current ratio was 0.90, indicating its inability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 59.60% percent. WW International Inc.’s EBITDA margin for the year ended June 29 was 16.45%, whereas its operating margin stood at -32.60% for the same period. Based on annual data, it had gross profit of $622.4 million and revenue of $1.04 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. WW’s return on assets (ROA) during the last 12 months has been -29.90%. There was a -22.80% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 42.80%.
Earnings Surprise
According to WW International Inc.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $226.18 million, while revenues fell by -19.13% to $241.9 million. It was predicted that WW International Inc.’s quarterly earnings would be -$0.04, but it ended up being $0.1. EBITDA was $40.47 million for the quarter. At the end of WW International Inc.’s most recent quarter ended June 29, its liabilities totaled 1.72 billion, while its total debt was $1.49 billion. Equity owned by shareholders amounts to $78.97 million.
Technical Picture
Here’s a quick look at WW International Inc.’s (WW) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 56.66%, suggesting the stock is Neutral, with a 163.59% historical volatility rate.
The stochastic %K and %D were 56.43% and 50.35% respectively, while the average true range (ATR) was 1.08. Based on the 14-day stochastic reading of 58.30%, the RSI (14) reading is 56.92%. On the 9-day MACD Oscillator, the stock is at 0.51, and the 14-day reading is at -0.03.
Analyst Ratings
In its most recent analyst report, Morgan Stanley raised its rating on WW International Inc. (NASDAQ: WW) to an Overweight. Prior to this, analysts firm rated the stock as an Equal-weight. Analysts have assigned WW International Inc. (WW) an Overweight rating. WW is a stock that is recommended for selling by 1 brokerage firm, while 2 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 3 others recommend it as a buy.
What is WW’s price target for the next 12 months?
The current consensus forecast for the stock is between $4.00 and $17.00, with a median target price of $12.50. In analyzing these forecasts, the average price target given by analysts for WW International Inc. (WW) is $11.40.
