Oppenheimer analyst Brian Nagel maintained a Hold rating on WW International (WW – Research Report) today. The company’s shares closed yesterday at $3.82.
Nagel covers the Consumer Cyclical sector, focusing on stocks such as Nike, Lowe’s, and Advance Auto Parts. According to TipRanks, Nagel has an average return of 21.7% and a 67.40% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for WW International with a $8.40 average price target, which is a 120.18% upside from current levels. In a report released today, UBS also maintained a Hold rating on the stock with a $3.00 price target.
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Based on WW International’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $214.87 million and a net profit of $43.73 million. In comparison, last year the company earned a revenue of $249.72 million and had a GAAP net loss of $206.04 million
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WW in relation to earlier this year.
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WW International (WW) Company Description:
WW International, Inc. engages in the provision of weight management services. It operates through the following geographical segments: North America, United Kingdom, Continental Europe and Other. The North America segment consists of United States and Canada Company-owned operations. The United Kingdom segment includes United Kingdom Company-owned operations. The Continental Europe segment comprises of Germany, Switzerland, France, Spain, Belgium, Netherlands, and Sweden Company-owned operations. The others segment offers Australia, New Zealand, Mexico, and Brazil Company-owned operations, as well as revenues and costs from franchises in the United States. The company was founded by Jean Nidetch in 1963 and is headquartered in New York, NY.
Read More on WW:
- Oprah Winfrey Exits, WW International Board Downsizing
- WW International, Inc. Announces Fourth Quarter and Full Year 2023 Results
- WW International, Inc. Announces Upcoming Oprah Winfrey Board Transition
- WW Earnings this Week: How Will it Perform?
- Short Report: Bears boost WW exposure ahead of earnings after marketing debacle
