WW International Inc (NASDAQ:WW) saw a downside of -3.02% to close Tuesday at $10.29 after subtracting -$0.32 on the day. The 5-day average trading volume is 7,949,540 shares of the company’s common stock. It has gained $12.38 in the past week and touched a new high 1 time within the past 5 days. An average of 4,566,630 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,611,618.
WW’s 1-month performance is 6.52% or $0.63 on its low of $8.98 reached on 09/22/23. The company’s shares have touched a 52-week low of $3.28 and high of $12.38, with the stock’s rally to the 52-week high happening on 09/20/23. YTD, WW has achieved 166.58% or $6.43 and has reached a new high 18 times. However, the current price is down -16.88% from the 52-week high price.
Insider Transactions
WW stock investors last saw insider trading activity on May 11.Westend S.A. (10% Owner) most recently sold 14,818,300 shares at $7.15 per share on May 10. This transaction cost the insider $105,950,845.
Valuation Metrics
WW stock has a beta of 1.79. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.86 while the price to cash flow ratio at 39.77.
WW International Inc’s quick ratio for the period ended June 29 was 0.83, with the current ratio over the same period at 0.88.. In terms of profitability, the gross margin trailing 12 months is 59.29%. The trailing 12-month EBITDA margin is 16.45% while for the period ending June 29, WW International Inc’s operating margin was 8.67%. The firm’s gross profit as reported stood at $622.4 million against revenue of $1.04 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 109.09% to $50.83 million, while revenue of -$118.68 million was 333.48% off the previous quarter. Analysts expected WW to announce $0.1 per share in earnings in its latest quarter, but it posted -$0.04, representing a -140.00% surprise. EBITDA for the quarter stood at more than $40.47 million. WW stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 1.72 billion, with total debt at $1.49 billion. Shareholders hold equity totaling $78.97 million.
Let’s look briefly at WW International Inc (WW) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 45.92% to suggest the stock is trending Neutral, with historical volatility in this time period at 111.25%.
The stock’s 5-day moving average is $10.41, reflecting a -12.80% or -$1.51 change from its current price. WW is currently trading +0.29% above its 20-day SMA, +39.43% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +24.58% and SMA200 by+155.33%.
Stochastic %K and %D was 38.68% and 36.04% and the average true range (ATR) pointed at 1.08. The RSI (14) points at 48.68%, while the 14-day stochastic is at 38.53% with the period’s ATR at 1.01. The stock’s 9-day MACD Oscillator is pointing at -0.58 and -0.61 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for WW International Inc (NASDAQ: WW), Morgan Stanley upgraded it to an Overweight rating. They previously had an Equal-weight rating on the stock. Analysts offering their rating for WW stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate WW as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 3 have offered a “buy” rating.
What is WW’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $4.00 and a high of $17.00, with their median price target at $12.50. Looking at these predictions, the average price target given by analysts is for WW International Inc (WW) stock is $11.40.
