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WW International Inc (WW) Looks Ready for Growth Despite -80.46% Change This Year

WW International Inc (NASDAQ: WW) is -80.46% lower on its value in year-to-date trading and has touched a low of $1.59 and a high of $13.31 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WW stock was last observed hovering at around $1.77 in the last trading session, with the day’s loss setting it -0.06%.

Currently trading at $1.71, the stock is -27.26% and -49.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.27 million and changing -3.39% at the moment leaves the stock -76.85% off its SMA200. WW registered -56.38% loss for a year compared to 6-month loss of -84.55%. The firm has a 50-day simple moving average (SMA 50) of $1.70 and a 200-day simple moving average (SMA200) of $20.28.

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The stock witnessed a -49.41% gain in the last 1 month and extending the period to 3 months gives it a -80.46%, and is -5.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.91% over the week and 14.72% over the month.

WW International Inc (WW) has around 4850 employees, a market worth around $135.43M and $889.55M in sales. Fwd P/E is 5.86. Profit margin for the company is -12.62%. Distance from 52-week low is 7.55% and -87.15% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.62%).

WW International Inc quarterly earnings per share for the current quarter are estimated at -$0.43 with sales reaching $199.95M over the same period.The EPS is expected to shrink by -11.48% this year, but quarterly earnings will post -4.80% year-over-year. Quarterly sales are estimated to shrink -15.10% in year-over-year returns.

WW International Inc (WW) Top Institutional Holders

259 institutions hold shares in WW International Inc (WW), with institutional investors hold 84.22% of the company’s shares. The shares outstanding are 79.19M, and float is at 78.07M with Short Float at 15.57%. Institutions hold 83.06% of the Float.

The top institutional shareholder in the company is Contrarius Investment Management Limited with over 7.53 million shares valued at $50.58 million. The investor’s holdings represent 9.53% of the WW Shares outstanding. As of Jun 29, 2023, the second largest holder is Balyasny Asset Management LLC with 4.65 million shares valued at $31.27 million to account for 5.89% of the shares outstanding. The other top investors are Millennium Management Llc which holds 4.14 million shares representing 5.24% and valued at over $27.79 million, while Blackrock Inc. holds 4.85% of the shares totaling 3.83 million with a market value of $25.73 million.

WW International Inc (WW) Insider Activity

The most recent transaction is an insider sale by COLOSI MICHAEL F,the company’sGeneral Counsel and Secretary. SEC filings show that COLOSI MICHAEL F sold 25,900 shares of the company’s common stock on Dec 01 ’23 at a price of $7.04 per share for a total of $0.18 million. Following the sale, the insider now owns 0.0 shares.

WW International Inc disclosed in a document filed with the SEC on Nov 30 ’23 that COLOSI MICHAEL F (General Counsel and Secretary) sold a total of 20,000 shares of the company’s common stock. The trade occurred on Nov 30 ’23 and was made at $7.22 per share for $0.14 million. Following the transaction, the insider now directly holds 25900.0 shares of the WW stock.

Still, SEC filings show that on May 11 ’23, KELLY DENIS F (Director) acquired 16,000 shares at an average price of $6.86 for $0.11 million. The insider now directly holds 96,921 shares of WW International Inc (WW).

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