WW International, Inc. (NASDAQ:WW – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $15.23 and traded as high as $16.75. WW International shares last traded at $16.10, with a volume of 275,761 shares trading hands.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on WW. Weiss Ratings cut WW International from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday, August 6th. Wall Street Zen lowered WW International from a “hold” rating to a “sell” rating in a report on Saturday. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, WW International currently has a consensus rating of “Reduce”.
Read Our Latest Report on WW International
WW International Stock Performance
WW International (NASDAQ:WW – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $1.41 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.93. The firm had revenue of $162.32 million during the quarter, compared to the consensus estimate of $159.13 million. On average, equities research analysts forecast that WW International, Inc. will post -0.06 earnings per share for the current fiscal year.
Institutional Trading of WW International
Several institutional investors and hedge funds have recently modified their holdings of the business. Bank of New York Mellon Corp bought a new stake in shares of WW International during the 2nd quarter valued at about $279,000. Cygnus Capital Advisors LLC increased its position in shares of 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 last quarter. Finally, Cooper Creek Partners Management LLC raised its stake in WW International by 50.1% in the first quarter. Cooper Creek Partners Management LLC now owns 975,419 shares of the company’s stock valued at $13,402,000 after purchasing an additional 325,434 shares in the last quarter. Hedge funds and other institutional investors own 86.18% of the company’s stock.
About WW International
WW International, formerly known as Weight Watchers International, is a global wellness company focused on weight management, healthy living and behavior change. The company provides personalized programs designed to help members improve nutrition, physical activity and other lifestyle habits through digital tools, guidance and community support.
Its offerings have historically included subscription-based access to a points-based food and activity program, mobile applications, meal and recipe resources, educational content, virtual coaching and in-person workshops.
Further Reading
- Five stocks we like better than WW International
- Lennar’s Earnings Miss May Be Sending a Bigger Warning About U.S. Housing
- Priced for a Pullback or More Gains? These 3 Stocks Are Testing the Limits
- These 3 Agentic AI Stocks Have More Than Hype Behind Their Growth Stories
- Not Just Banks: 3 Trading Stocks to Watch After the Fed Rate Hike
Receive News & Ratings for WW International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WW International and related companies with MarketBeat.com's FREE daily email newsletter.
