WW International Inc. (NASDAQ:WW) finished Wednesday with a subtraction of -$0.17 to close at $9.78, a downside of -1.71 percent. An average of 2,611,300 shares of common stock have been traded in the last five days. There was a gain of $0.31 in the past week, and it reached a new high 13 times over the past 12 months. The last 20 days have seen an average of 4,706,655 shares traded, while the 50-day average volume stands at 4,043,720.
WW stock has decreased by -1.51% in the last month. The company shares reached their 1-month lowest point of $7.67 on 08/07/23. With the stock rallying to its 52-week high on 07/31/23, shares of the company touched a low of $3.28 and a high of $12.13 in 52 weeks. It has reached a new high 17 times so far this year and achieved 153.37% or $5.92 in price. In spite of this, the price is down -19.37% 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 106 days ago on May 11.
Valuation Metrics
WW International Inc. (WW) stock’s beta is 1.83. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.80.
Financial Health
The quick ratio of WW International Inc. for the three months ended June 29 was 0.80, and the current ratio was 0.90, indicating that the company is not able to meet its debt obligations. WW International Inc.’s EBITDA margin for the year ending June 29 is 16.45%, while its operating margin for the same period stands at -32.60%. Its gross profit as reported stood at $622.4 million compared to revenue of $1.04 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, WW International Inc.’s return on assets was -29.90%.
Earnings Surprise
For the three-month period that ended June 29, WW International Inc. had $1.42 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $50.83 million in the quarter, while revenues of -$118.68 million were grew 109.09%. The analyst consensus anticipated WW International Inc.’s latest quarter earnings to come in at $0.1 per share, but it turned out to be -$0.04, a -140.00% surprise. For the quarter, EBITDA amounted to $40.47 million. Shareholders own equity worth $78.97 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at WW International Inc. (WW) price momentum. RSI 9-day as of the close on 23 August was 49.56%, suggesting the stock is Neutral, with historical volatility in this time frame at 57.33%.
As of today, WW’s price is $10.01 +3.27% or $0.31 from its 5-day moving average. WW is currently trading -15.25% lower than its 20-day SMA and +149.49% higher than its 100-day SMA. However, the stock’s current price level is +46.85% above the SMA50 and +125.35% above the SMA200.
The stochastic %K and %D were 64.54% and 62.09%, respectively, and the average true range (ATR) was 0.85. With the 14-day stochastic at 65.53% and the average true range at 0.87, the RSI (14) stands at 52.03%. The stock has reached -0.10 on the 9-day MACD Oscillator while the 14-day reading was at 0.28.
Analyst Ratings
Morgan Stanley upgraded WW International Inc. (NASDAQ: WW) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as an Equal-weight. The consensus rating for WW International Inc. (WW) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell WW, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 3 others rate it as a “buy”.
What is WW’s price target for the next 12 months?
Analysts predict a range of price targets between $4.00 and $17.00, with a median target of $12.50. Taking a look at these predictions, the average price target given by analysts for WW International Inc. (WW) stock is $11.40.
