FY2024 EPS Estimates for WW International, Inc. (NASDAQ:WW) Raised by DA Davidson

WW International, Inc. (NASDAQ:WW) – Stock analysts at DA Davidson boosted their FY2024 earnings per share estimates for shares of WW International in a research note issued to investors on Monday, May 6th. DA Davidson analyst L. Weiser now forecasts that the company will post earnings per share of $0.12 for the year, up from their prior forecast of ($0.02). DA Davidson has a “Buy” rating and a $6.00 price objective on the stock. The consensus estimate for WW International’s current full-year earnings is ($0.03) per share.

WW International (NASDAQ:WW) last issued its quarterly earnings data on Wednesday, February 28th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.07). The company had revenue of $205.96 million for the quarter, compared to analyst estimates of $205.95 million.

Other equities analysts have also recently issued reports about the company. The Goldman Sachs Group reiterated a “buy” rating on shares of WW International in a report on Thursday, February 1st. UBS Group decreased their target price on WW International from $3.00 to $2.10 and set a “neutral” rating for the company in a research report on Thursday, April 25th. Guggenheim reissued a “buy” rating and issued a $12.00 price target on shares of WW International in a report on Monday, March 18th. Barclays decreased their price objective on shares of WW International from $8.00 to $1.50 and set an “underweight” rating for the company in a report on Friday, March 1st. Finally, StockNews.com lowered shares of WW International from a “hold” rating to a “sell” rating in a research report on Wednesday, May 1st. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $8.09.

WW International Trading Down 9.6 %

Shares of WW opened at $1.89 on Wednesday. The stock has a market capitalization of $149.84 million, a P/E ratio of -0.44 and a beta of 1.75. WW International has a 12 month low of $1.51 and a 12 month high of $13.31. The firm’s fifty day simple moving average is $2.07 and its two-hundred day simple moving average is $4.88.

Institutional Investors Weigh In On WW International

A number of large investors have recently modified their holdings of WW. SG Americas Securities LLC bought a new stake in WW International during the third quarter worth about $315,000. Black Swift Group LLC bought a new stake in shares of WW International in the 3rd quarter worth approximately $1,273,000. Advisors Preferred LLC purchased a new stake in shares of WW International in the 3rd quarter worth approximately $268,000. Barometer Capital Management Inc. increased its position in WW International by 64.7% during the 3rd quarter. Barometer Capital Management Inc. now owns 188,700 shares of the company’s stock valued at $2,089,000 after buying an additional 74,100 shares in the last quarter. Finally, Raymond James Trust N.A. bought a new position in WW International during the 4th quarter valued at approximately $175,000. Institutional investors own 86.18% of the company’s stock.

About WW International

WW International, Inc provides weight management products and services worldwide. 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 platform; and allows members to inspire and support each other by sharing their experiences with other people on weight health journeys.