WW International (WW) Set to Announce Earnings on Wednesday

WW International (NASDAQ:WW) is set to release its earnings data before the market opens on Wednesday, November 6th. Analysts expect WW International to post earnings of $0.05 per share for the quarter. WW International has set its FY 2024 guidance at EPS.Parties interested in participating in the company’s conference call can do so using this link.

WW International (NASDAQ:WW) last announced its quarterly earnings data on Thursday, August 1st. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.16). The company had revenue of $202.07 million for the quarter, compared to the consensus estimate of $210.89 million. During the same period last year, the firm earned ($0.04) EPS. On average, analysts expect WW International to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

WW International Stock Performance

NASDAQ:WW opened at $1.06 on Wednesday. WW International has a one year low of $0.67 and a one year high of $9.77. The firm has a market cap of $84.51 million, a P/E ratio of -0.23 and a beta of 1.72. The firm has a 50-day simple moving average of $0.99 and a 200-day simple moving average of $1.26.

Wall Street Analyst Weigh In

Several research firms recently commented on WW. Morgan Stanley lowered shares of WW International from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $6.50 to $1.25 in a research note on Friday, July 26th. UBS Group reduced their price objective on shares of WW International from $2.10 to $1.00 and set a “neutral” rating for the company in a research note on Friday, August 2nd. Barclays reiterated an “underweight” rating and set a $0.75 price objective on shares of WW International in a research note on Thursday, October 10th. Finally, Guggenheim reduced their price objective on shares of WW International from $12.00 to $6.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $4.50.

Insider Activity at WW International

In other news, CEO Sima Sistani bought 65,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 7th. The stock was purchased at an average cost of $0.75 per share, for a total transaction of $48,750.00. Following the purchase, the chief executive officer now directly owns 267,410 shares in the company, valued at approximately $200,557.50. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 8.12% of the company’s stock.

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.