WW International, Inc. Forecasted to Earn Q1 2023 Earnings of ($0.23) Per Share (NASDAQ:WW)

WW International, Inc. (NASDAQ:WW – Get Rating) – Research analysts at DA Davidson issued their Q1 2023 earnings per share estimates for WW International in a research note issued to investors on Tuesday, March 7th. DA Davidson analyst L. Weiser expects that the company will post earnings per share of ($0.23) for the quarter. DA Davidson has a “Buy” rating and a $9.00 price objective on the stock. The consensus estimate for WW International’s current full-year earnings is $0.29 per share.

A number of other brokerages have also recently weighed in on WW. Craig Hallum cut WW International from a “hold” rating to a “sell” rating and set a $4.00 target price on the stock. in a report on Wednesday. Morgan Stanley reduced their price objective on WW International from $5.00 to $3.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 25th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $4.96.

WW International Stock Down 21.3 %

WW stock opened at $5.46 on Wednesday. WW International has a 52-week low of $3.28 and a 52-week high of $11.03. The stock’s fifty day simple moving average is $4.38 and its 200-day simple moving average is $4.24. The stock has a market capitalization of $384.74 million, a price-to-earnings ratio of -1.52, a price-to-earnings-growth ratio of 0.88 and a beta of 1.63.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of WW. Geode Capital Management LLC boosted its position in shares of WW International by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 1,162,374 shares of the company’s stock valued at $4,486,000 after purchasing an additional 34,597 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of WW International by 2.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 511,982 shares of the company’s stock valued at $2,012,000 after purchasing an additional 12,510 shares in the last quarter. Tudor Investment Corp Et Al bought a new position in shares of WW International during the 3rd quarter valued at about $668,000. Rhumbline Advisers boosted its holdings in shares of WW International by 9.0% in the second quarter. Rhumbline Advisers now owns 161,576 shares of the company’s stock worth $1,032,000 after buying an additional 13,311 shares during the period. Finally, Credit Suisse AG boosted its holdings in shares of WW International by 56.0% in the second quarter. Credit Suisse AG now owns 119,331 shares of the company’s stock worth $762,000 after buying an additional 42,859 shares during the period. 81.10% of the stock is owned by institutional investors and hedge funds.

WW International Company Profile

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WW International, Inc engages in the provision of weight management services. It operates through the following geographical segments: North America, United Kingdom, Continental Europe and Other. The North America segment consists of United States and Canada company-owned operations. The United Kingdom segment includes United Kingdom company-owned operations.