WW International, Inc. to Post Q2 2024 Earnings of $0.01 Per Share, DA Davidson Forecasts (NASDAQ:WW)

WW International, Inc. (NASDAQ:WW) – Stock analysts at DA Davidson issued their Q2 2024 EPS estimates for shares of WW International in a report issued on Monday, May 6th. DA Davidson analyst L. Weiser forecasts that the company will post earnings per share of $0.01 for the quarter. DA Davidson currently has a “Buy” rating and a $6.00 target price on the stock. The consensus estimate for WW International’s current full-year earnings is ($0.06) per share. DA Davidson also issued estimates for WW International’s FY2025 earnings at $0.50 EPS.

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

WW International Stock Down 1.9 %

Shares of WW stock opened at $2.05 on Tuesday. The business has a fifty day simple moving average of $2.14 and a 200 day simple moving average of $4.95. WW International has a twelve month low of $1.51 and a twelve month high of $13.31. The company has a market cap of $162.52 million, a P/E ratio of -0.48 and a beta of 1.75.

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

Institutional Trading of WW International

Institutional investors and hedge funds have recently made changes to their positions in the business. Brevan Howard Capital Management LP lifted its stake in shares of WW International by 627.0% during the 4th quarter. Brevan Howard Capital Management LP now owns 292,500 shares of the company’s stock worth $2,559,000 after purchasing an additional 252,267 shares during the last quarter. Barometer Capital Management Inc. raised its position in WW International by 16.7% during the fourth quarter. Barometer Capital Management Inc. now owns 220,300 shares of the company’s stock valued at $1,928,000 after acquiring an additional 31,600 shares in the last quarter. Black Swift Group LLC purchased a new position in WW International in the third quarter valued at $1,273,000. Russell Investments Group Ltd. purchased a new stake in shares of WW International in the fourth quarter valued at approximately $993,000. Finally, BNP Paribas Financial Markets raised its position in shares of WW International by 229.7% during the 1st quarter. BNP Paribas Financial Markets now owns 113,427 shares of the company’s stock worth $210,000 after purchasing an additional 79,026 shares during the last quarter. 86.18% of the stock is currently owned by institutional investors.

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.