WW International Inc (NASDAQ:WW) price on Wednesday, December 04, fall -8.53% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.18.
A look at the stock’s price movement, the close in the last trading session was $1.29, moving within a range at $1.18 and $1.3. The beta value (5-Year monthly) was 1.701. Turning to its 52-week performance, $9.77 and $0.67 were the 52-week high and 52-week low respectively. Overall, WW moved -0.84% over the past month.
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WW International Inc’s market cap currently stands at around $94.24 million, with investors looking forward to this quarter’s earnings report slated for in January.
Analysts have a consensus estimate of 173.23M for the company’s revenue for the quarter, with a low and high estimate of 173.03M and 173.42M respectively. The average forecast suggests down to a -15.89% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 775.83M, representing a -12.78% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that WW is a Hold. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 2 recommend WW as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
WW’s current price about 11.68% and 6.68% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 53.63, while 7-day volatility ratio is 10.09% and 12.32% in the 30-day chart. Further, WW International Inc (WW) has a beta value of 1.75, and an average true range (ATR) of 0.13. Analysts have given the company’s stock an average 52-week price target of $1.25, forecast between a low of $1.25 and high of $1.25. Looking at the price targets, the low is -5.93% off current price level while to achieve the yearly target high, price needs to move -5.93%. Nonetheless, investors will most likely welcome a -5.93% jump to $1.25 which is the analysts’ median price.
If we refocus on WW International Inc (NASDAQ:WW), historical trading data shows that trading volumes averaged 3.19 over the past 10 days and 8.21 million over the past 3 months. The company’s latest data on shares outstanding shows there are 79.73 million shares.
The 1.66% of WW International Inc’s shares are in the hands of company insiders while institutional holders own 29.79% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 11.38 million on 2024-11-15, giving us a short ratio of 2.43. The data shows that as of 2024-11-15 short interest in WW International Inc (WW) stood at 1432.0 of shares outstanding, with shares short falling to 15.79 million registered in 2024-10-15. Current price change has pushed the stock -86.51% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the WW stock continues to rise going into the next quarter.
