What Direction Does WW International Inc (NASDAQ: WW) Analysts Think The Company Will Take?

The trading price of WW International Inc (NASDAQ:WW) closed higher on Friday, December 06, and closing at $1.37, 19.13% higher than its previous close.

Traders who pay close attention to intraday price movement should know that it fluctuated between $1.145 and $1.37. In examining the 52-week price action we see that the stock hit a 52-week high of $9.77 and a 52-week low of $0.67. Over the past month, the stock has gained 32.37% in value.

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WW International Inc, whose market valuation is $130.34 million at the time of this writing, is expected to release its quarterly earnings report in January. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -0.03 per share this quarter, however they have predicted annual earnings per share of -2.33 for current year and -0.14 for next year.

Analysts have forecast the company to bring in revenue of 173.23M for the current quarter, with the likely lows of 173.03M and highs of 173.42M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 775.83M.

On the technical side, indicators suggest WW has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a Hold, while an average of long term indicators suggests that the stock is currently Hold.

Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned WW a recommendation rating is 3. Out of them, 1 rate it a Hold, while 2 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged WW International Inc (WW) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.

A quick review shows that WW’s price is currently 26.93% off the SMA20 and 21.99% off the SMA50. The RSI metric on the 14-day chart is currently showing 61.58, and weekly volatility stands at 10.91%. When measured over the past 30 days, the indicator reaches 12.43%. WW International Inc (NASDAQ:WW)’s beta value is currently sitting at 1.75, while the Average True Range indicator is currently displaying 0.13. With analysts defining $1.25-$1.25 as the low and high price targets, we arrive at a consensus price target of $1.25 for the trailing 12-month period. The current price is about 8.76% off the estimated low and 8.76% off the forecast high, based on this estimate. Investors will be thrilled if WW’s share price rises to $1.25, which is the median consensus price. At that level, WW’s share price would be 8.76% above current price.

To see how WW International Inc stock has been performing in comparison to its peers in the industry, here are the numbers: WW stock’s performance was 19.13% in the latest trading, and -79.18% in the past year.

An evaluation of the daily trading volume of WW International Inc (NASDAQ:WW) indicates that the 3-month average is 8.28 million. However, this figure has increased over the past 10 days to an average of 3.57.

Currently, records show that 79.73 million of the company’s shares remain outstanding. The insiders hold 1.45% of outstanding shares, whereas institutions hold 29.79%. The stats also highlight that short interest as of 2024-11-15, stood at 11.38 million shares, resulting in a short ratio of 2.43 at that time. From this, we can conclude that short interest is 1432.00 of the company’s total outstanding shares. It is noteworthy that short shares in November were down slightly from the previous month’s figure, which was 15.79 million. However, since the stock’s price has seen -84.34% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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