WW International, Inc. (NASDAQ:WW) – Stock analysts at Truist Securiti lifted their Q2 2021 earnings estimates for WW International in a research report issued to clients and investors on Sunday, April 4th. Truist Securiti analyst M. Swartz now anticipates that the company will earn $0.81 per share for the quarter, up from their prior estimate of $0.73. Truist Securiti also issued estimates for WW International’s Q2 2022 earnings at $0.89 EPS, Q3 2022 earnings at $0.86 EPS and FY2022 earnings at $2.55 EPS.
Several other research analysts have also recently issued reports on the company. B. Riley upped their price target on WW International from $38.00 to $44.00 in a report on Monday, March 15th. Wolfe Research assumed coverage on WW International in a research report on Tuesday, December 15th. They set an “outperform” rating and a $36.00 target price on the stock. Morgan Stanley downgraded WW International from an “overweight” rating to an “equal weight” rating in a report on Wednesday. Zacks Investment Research cut WW International from a “hold” rating to a “sell” rating in a research note on Thursday, March 4th. Finally, DA Davidson reduced their price objective on shares of WW International from $38.00 to $33.00 and set a “buy” rating for the company in a research note on Thursday, March 4th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $32.50.
Shares of WW International stock opened at $31.49 on Tuesday. WW International has a 52 week low of $17.75 and a 52 week high of $37.35. The stock has a market cap of $2.17 billion, a PE ratio of 26.02, a price-to-earnings-growth ratio of 1.04 and a beta of 2.88. The company’s 50-day moving average price is $31.81 and its two-hundred day moving average price is $26.99.
WW International (NASDAQ:WW) last released its earnings results on Thursday, February 25th. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.06. WW International had a negative return on equity of 17.46% and a net margin of 5.96%. The firm had revenue of $323.43 million during the quarter, compared to the consensus estimate of $310.96 million.
A number of hedge funds and other institutional investors have recently bought and sold shares of WW. New South Capital Management Inc. grew its holdings in WW International by 80.4% during the fourth quarter. New South Capital Management Inc. now owns 1,724,928 shares of the company’s stock valued at $42,088,000 after purchasing an additional 768,560 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of WW International by 8.2% during the 4th quarter. Bank of New York Mellon Corp now owns 564,263 shares of the company’s stock worth $13,767,000 after buying an additional 42,813 shares during the period. Russell Investments Group Ltd. grew its stake in WW International by 21.7% in the 4th quarter. Russell Investments Group Ltd. now owns 272,181 shares of the company’s stock valued at $6,641,000 after buying an additional 48,493 shares during the last quarter. Rhumbline Advisers raised its holdings in WW International by 5.1% in the 4th quarter. Rhumbline Advisers now owns 151,873 shares of the company’s stock worth $3,706,000 after acquiring an additional 7,415 shares during the period. Finally, SG Americas Securities LLC lifted its position in WW International by 37.5% during the 4th quarter. SG Americas Securities LLC now owns 55,833 shares of the company’s stock worth $1,362,000 after acquiring an additional 15,232 shares during the last quarter. Institutional investors own 80.08% of the company’s stock.
In other news, Director Oprah Winfrey sold 184,491 shares of WW International stock in a transaction dated Friday, March 5th. The stock was sold at an average price of $35.08, for a total transaction of $6,471,944.28. Following the completion of the sale, the director now directly owns 2,679,611 shares in the company, valued at approximately $94,000,753.88. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders sold 548,273 shares of company stock worth $19,300,179 in the last 90 days. Corporate insiders own 12.48% of the company’s stock.
WW International Company Profile
WW International, Inc provides weight management products and services worldwide. The company operates in four segments: North America, Continental Europe, United Kingdom, and Other. 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 products, including personal coaching and digital products; and allows members to inspire and support each other by sharing their experiences with other people on weight management and wellness journeys.
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