WW International, Inc. Expected to Post Q2 2023 Earnings of $0.36 Per Share (NASDAQ:WW)

WW International, Inc. (NASDAQ:WW – Get Rating) – Analysts at DA Davidson issued their Q2 2023 earnings per share estimates for shares of WW International in a research note issued to investors on Monday, May 8th. DA Davidson analyst L. Weiser expects that the company will post earnings per share of $0.36 for the quarter. DA Davidson currently has a “Buy” rating and a $9.00 price target on the stock. The consensus estimate for WW International’s current full-year earnings is ($0.03) per share. DA Davidson also issued estimates for WW International’s FY2023 earnings at $0.66 EPS.

Other equities analysts also recently issued research reports about the company. Morgan Stanley dropped their target price on WW International from $5.00 to $3.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 25th. StockNews.com upgraded WW International from a “sell” rating to a “hold” rating in a report on Friday, May 5th. Craig Hallum downgraded 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, March 8th. The Goldman Sachs Group upgraded WW International from a “neutral” rating to a “buy” rating and upped their target price for the company from $3.80 to $13.00 in a report on Monday, April 10th. Finally, UBS Group upped their target price on WW International from $7.00 to $7.50 in a report on Monday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $6.92.

WW International Trading Up 0.5 %

NASDAQ WW opened at $8.30 on Wednesday. The stock’s 50-day moving average price is $6.30 and its two-hundred day moving average price is $4.97. The company has a market cap of $652.88 million, a PE ratio of -1.61 and a beta of 1.68. WW International has a 1 year low of $3.28 and a 1 year high of $10.02.

WW International (NASDAQ:WW – Get Rating) last posted its quarterly earnings data on Monday, March 6th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.02. The firm had revenue of $223.92 million for the quarter, compared to the consensus estimate of $226.01 million. WW International had a negative return on equity of 8.27% and a negative net margin of 36.74%.

Institutional Investors Weigh In On WW International

Several large investors have recently made changes to their positions in the company. SG Americas Securities LLC bought a new stake in shares of WW International in the 1st quarter valued at approximately $104,000. Credit Suisse AG boosted its position in WW International by 20.4% during the fourth quarter. Credit Suisse AG now owns 87,140 shares of the company’s stock worth $336,000 after purchasing an additional 14,748 shares during the period. Geode Capital Management LLC boosted its position in WW International by 3.1% during the fourth quarter. Geode Capital Management LLC now owns 1,162,374 shares of the company’s stock worth $4,486,000 after purchasing an additional 34,597 shares during the period. Everence Capital Management Inc. boosted its position in WW International by 102.7% during the fourth quarter. Everence Capital Management Inc. now owns 59,100 shares of the company’s stock worth $228,000 after purchasing an additional 29,940 shares during the period. Finally, Dupont Capital Management Corp boosted its position in WW International by 57.0% during the fourth quarter. Dupont Capital Management Corp now owns 22,998 shares of the company’s stock worth $89,000 after purchasing an additional 8,350 shares during the period. Institutional investors own 81.10% of the company’s stock.

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.