WW International (WW) Scheduled to Post Earnings on Wednesday

WW International (NASDAQ:WW - Get Free Report) will issue its quarterly earnings data before the market opens on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.05 per share for the quarter. WW International has set its FY 2024 guidance at EPS.Individual interested in registering for the company's earnings conference call can do so using this link.

WW International (NASDAQ:WW - Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The company reported ($0.13) EPS for the quarter, missing analysts' consensus estimates of $0.03 by ($0.16). The business had revenue of $202.07 million for the quarter, compared to the consensus estimate of $210.89 million. During the same quarter in the previous year, the company posted ($0.04) earnings per share. 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

Shares of WW International stock remained flat at $1.06 during trading on Wednesday. 3,173,972 shares of the stock traded hands, compared to its average volume of 5,693,671. The company has a market cap of $84.51 million, a PE ratio of -0.23 and a beta of 1.72. The business's 50-day simple moving average is $0.99 and its 200-day simple moving average is $1.26. WW International has a 1-year low of $0.67 and a 1-year high of $9.77.

Insiders Place Their Bets

In other WW International news, CEO Sima Sistani bought 65,000 shares of the company's stock in a transaction 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 acquisition, the chief executive officer now owns 267,410 shares of the company's stock, valued at $200,557.50. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. 8.12% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

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

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.