Key Points
- CEO Stephen Bye bought 12,500 WW shares at an average of $11.01 each, a total investment of $137,625; the purchase was disclosed in an SEC filing.
- WW reported quarterly EPS of $1.51, beating the $0.63 analyst consensus, while revenue of $152.9 million came in slightly above expectations of $152.33 million.
- Analyst views are mixed, with one Buy, one Hold, and one Sell rating; the average rating is Hold, with a reported average price target of $25.
WW International, Inc. (NASDAQ:WW - Get Free Report) Director Lisa Gavales acquired 5,000 shares of the business's stock in a transaction on Tuesday, November 10th. The stock was acquired at an average cost of $11.03 per share, with a total value of $55,150.00. Following the acquisition, the director directly owned 5,000 shares in the company, valued at approximately $55,150. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.
WW International Price Performance
Shares of NASDAQ WW opened at $12.02 on Wednesday. The stock has a market capitalization of $120.19 million, a PE ratio of -2.08 and a beta of 1.67. WW International, Inc. has a fifty-two week low of $8.36 and a fifty-two week high of $35.25. The business has a fifty day moving average price of $14.69 and a two-hundred day moving average price of $15.83.
WW International (NASDAQ:WW - Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The company reported $1.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.63 by $0.88. The firm had revenue of $152.90 million during the quarter, compared to the consensus estimate of $152.33 million. On average, equities analysts expect that WW International, Inc. will post -0.06 EPS for the current year.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of WW. Cooper Creek Partners Management LLC boosted its stake in WW International by 50.1% during the first quarter. Cooper Creek Partners Management LLC now owns 975,419 shares of the company's stock worth $13,402,000 after acquiring an additional 325,434 shares in the last quarter. Cygnus Capital Advisors LLC grew its holdings in WW International by 96.1% in the second quarter. Cygnus Capital Advisors LLC now owns 388,655 shares of the company's stock worth $6,211,000 after purchasing an additional 190,440 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in WW International in the second quarter valued at $279,000. Institutional investors and hedge funds own 86.18% of the company's stock.
Wall Street Analyst Weigh In
A number of analysts have weighed in on WW shares. Northland Securities began coverage on shares of WW International in a research report on Friday, October 2nd. They set an "outperform" rating and a $25.00 target price for the company. Wall Street Zen upgraded shares of WW International from a "sell" rating to a "hold" rating in a research report on Saturday, October 3rd. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of WW International in a research report on Tuesday, November 3rd. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $25.00.
Read Our Latest Stock Analysis on WW
WW International Company Profile
(
Get Free Report)
WW International, Inc., formerly known as Weight Watchers, is a global wellness company focused on helping people manage their weight and improve their overall health. The company provides personalized programs built around nutrition, physical activity, behavior change and lifestyle support. WW's offerings have historically included digital subscriptions, personalized meal and activity guidance, health and wellness content, mobile applications, virtual coaching and community-based support. The company has also operated in-person workshops and has expanded its services to include clinical weight-management support, including access to prescription-based treatment through its digital health platform.
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