WW International Inc (NASDAQ:WW) finished Friday with an addition of $0.24 to close at $11.07, an upside of 2.22 percent. An average of 5,507,140 shares of common stock have been traded in the last five days. There was a gain of $1.09 in the past week, and it reached a new high 23 times over the past 12 months. The last 20 days have seen an average of 4,970,645 shares traded, while the 50-day average volume stands at 4,745,970.
WW stock has increased by 11.48% in the last month. The company shares reached their 1-month lowest point of $8.98 on 09/22/23. With the stock rallying to its 52-week high on 09/20/23, shares of the company touched a low of $3.28 and a high of $12.38 in 52 weeks. It has reached a new high 18 times so far this year and achieved 186.79% or $7.21 in price. In spite of this, the price is down -10.58% 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 143 days ago on May 11.
Valuation Metrics
WW International Inc (WW) stock’s beta is 1.77. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.93, and the price-to-cash flow ratio at 42.79.
Financial Health
The quick ratio of WW International Inc for the three months ended June 29 was 0.83, and the current ratio was 0.88, indicating that the company is not able to meet its debt obligations. Its gross profit as reported stood at $622.4 million compared to revenue of $1.04 billion.
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 29 September was 54.60%, suggesting the stock is Neutral, with historical volatility in this time frame at 112.84%.
As of today, WW’s price is $10.78 +10.87% or $1.09 from its 5-day moving average. WW is currently trading +14.01% higher than its 20-day SMA and +30.24% higher than its 100-day SMA. However, the stock’s current price level is +42.65% above the SMA50 and +187.53% above the SMA200.
The stochastic %K and %D were 59.22% and 53.40%, respectively, and the average true range (ATR) was 1.01. With the 14-day stochastic at 61.47% and the average true range at 0.98, the RSI (14) stands at 54.32%. The stock has reached 0.23 on the 9-day MACD Oscillator while the 14-day reading was at 0.10.
Analyst Ratings
Craig Hallum upgraded WW International Inc (NASDAQ: WW) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a Sell. The consensus rating for WW International Inc (WW) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell WW, while 2 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 $10.00 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 $12.60.
