WW International (WW) Scheduled to Post Quarterly Earnings on Wednesday

WW International (NASDAQ:WW) will be issuing 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. Investors that are interested in registering for the company’s conference call can do so using this link.

WW International (NASDAQ:WW) last announced its quarterly earnings results on Thursday, August 1st. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.16). The company had revenue of $202.07 million during the quarter, compared to the consensus estimate of $210.89 million. During the same quarter in the previous year, the company posted ($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 $1.07 on Monday. WW International has a fifty-two week low of $0.67 and a fifty-two week high of $9.77. The stock has a market cap of $85.31 million, a P/E ratio of -0.23 and a beta of 1.69. The stock has a 50 day simple moving average of $0.99 and a two-hundred day simple moving average of $1.25.

Analysts Set New Price Targets

WW has been the topic of several recent analyst reports. UBS Group cut their price target on shares of WW International from $2.10 to $1.00 and set a “neutral” rating on the stock in a report on Friday, August 2nd. Guggenheim reduced their price target on shares of WW International from $12.00 to $6.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. Barclays reissued an “underweight” rating and issued a $0.75 price target on shares of WW International in a research note on Thursday, October 10th. Finally, Morgan Stanley cut WW International from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $6.50 to $1.25 in a research report on Friday, July 26th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, WW International has an average rating of “Hold” and a consensus price target of $4.50.

Insider Buying and Selling at WW International

In related news, CEO Sima Sistani acquired 65,000 shares of the stock in a transaction on Wednesday, August 7th. The stock was acquired at an average price of $0.75 per share, for a total transaction of $48,750.00. Following the completion of the purchase, the chief executive officer now owns 267,410 shares of the company’s stock, valued at $200,557.50. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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.