WW International, Inc. Forecasted to Post Q2 2022 Earnings of $0.30 Per Share (NASDAQ:WW)

WW International, Inc. (NASDAQ:WWGet Rating) – Analysts at Oppenheimer reduced their Q2 2022 earnings per share estimates for shares of WW International in a report released on Thursday, June 2nd. Oppenheimer analyst B. Nagel now anticipates that the company will earn $0.30 per share for the quarter, down from their previous estimate of $0.35. Oppenheimer also issued estimates for WW International’s Q3 2022 earnings at $0.50 EPS, Q4 2022 earnings at $0.20 EPS and FY2022 earnings at $0.90 EPS.

A number of other analysts also recently issued reports on WW. Morgan Stanley reduced their price target on shares of WW International from $23.00 to $15.00 in a report on Monday, February 7th. DA Davidson reduced their price target on shares of WW International from $30.00 to $20.00 and set a “buy” rating on the stock in a report on Wednesday, March 2nd. TheStreet downgraded shares of WW International from a “c-” rating to a “d+” rating in a report on Wednesday, March 16th. Zacks Investment Research upgraded shares of WW International from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 4th. Finally, Truist Financial reduced their price target on shares of WW International from $22.00 to $12.00 in a report on Wednesday, March 2nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $19.25.

Shares of NASDAQ WW opened at $7.49 on Monday. The company has a market cap of $526.78 million, a P/E ratio of 7.00 and a beta of 1.60. The firm’s fifty day moving average is $9.07 and its two-hundred day moving average is $11.97. WW International has a 52-week low of $6.01 and a 52-week high of $41.13.

WW International (NASDAQ:WWGet Rating) last announced its quarterly earnings data on Thursday, May 5th. The company reported ($0.12) EPS for the quarter, beating the consensus estimate of ($0.28) by $0.16. The firm had revenue of $297.76 million for the quarter, compared to the consensus estimate of $298.60 million. WW International had a net margin of 6.52% and a negative return on equity of 21.21%. The company’s revenue was down 10.3% on a year-over-year basis. During the same period last year, the firm earned ($0.20) EPS.

Hedge funds have recently added to or reduced their stakes in the stock. Triumph Capital Management purchased a new position in shares of WW International during the 3rd quarter worth about $222,000. Strs Ohio purchased a new stake in WW International in the 1st quarter valued at about $121,000. Keebeck Alpha LP purchased a new stake in WW International in the 4th quarter valued at about $203,000. Raymond James Trust N.A. purchased a new stake in WW International in the 4th quarter valued at about $212,000. Finally, Everence Capital Management Inc. purchased a new stake in WW International in the 4th quarter valued at about $220,000. 92.96% of the stock is owned by hedge funds and other institutional investors.

WW International Company Profile (Get Rating)

WW International, Inc provides weight management products and services worldwide. The company operates in four segments: North America, Continental Europe, United Kingdom, and Other. It offers a range of nutritional, activity, behavioral, and lifestyle tools and approaches products and services. The company also provides various digital subscription products to wellness and weight management business, which provide interactive and personalized resources that allow users to follow its weight management program through its app and Web-based products, including personal coaching and digital products; and allows members to inspire and support each other by sharing their experiences with other people on weight management and wellness journeys.

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Earnings History and Estimates for WW International (NASDAQ:WW)

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