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

WW International, Inc. (NASDAQ:WW – Get Rating) – DA Davidson issued their Q1 2023 earnings per share (EPS) estimates for shares of WW International in a research note issued on Tuesday, March 7th. DA Davidson analyst L. Weiser anticipates that the company will post earnings of ($0.23) per share 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.

Several other equities analysts have also issued reports on the company. Craig Hallum lowered WW International from a “hold” rating to a “sell” rating and set a $4.00 target price for the company. in a research report on Wednesday. Morgan Stanley decreased their target price on WW International from $5.00 to $3.00 and set an “equal weight” rating for the company in a research report 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 company’s stock. According to MarketBeat, WW International has an average rating of “Hold” and a consensus target price of $4.96.

WW International Trading Down 21.3 %

Shares of NASDAQ:WW opened at $5.46 on Wednesday. The stock has a market capitalization of $384.74 million, a P/E ratio of -1.52, a P/E/G ratio of 0.88 and a beta of 1.63. WW International has a 1-year low of $3.28 and a 1-year high of $11.03. The business has a 50-day moving average price of $4.38 and a two-hundred day moving average price of $4.24.

Hedge Funds Weigh In On WW International

Several institutional investors and hedge funds have recently modified their holdings of WW. Raymond James Trust N.A. boosted its position in WW International by 15.2% during the 1st quarter. Raymond James Trust N.A. now owns 15,118 shares of the company’s stock worth $155,000 after acquiring an additional 2,000 shares during the last quarter. Counterpoint Mutual Funds LLC acquired a new position in WW International during the 3rd quarter worth approximately $81,000. Teachers Retirement System of The State of Kentucky acquired a new position in WW International during the 3rd quarter worth approximately $84,000. Dupont Capital Management Corp boosted its position in WW International by 57.0% during the 4th quarter. Dupont Capital Management Corp now owns 22,998 shares of the company’s stock worth $89,000 after acquiring an additional 8,350 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new position in WW International during the 1st quarter worth approximately $267,000. 81.10% of the stock is currently owned by institutional investors and hedge funds.

About WW International

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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.