As of Friday, WW International Inc.’s (NASDAQ:WW) stock closed at $11.37, down from $11.56 the previous day. While WW International Inc. has underperformed by -1.64%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, WW rose by 106.35%, with highs and lows ranging from $12.13 to $3.28, whereas the simple moving average jumped by 74.60% in the last 200 days.
On July 26, 2023, Morgan Stanley Upgraded WW International Inc. (NASDAQ: WW) to Overweight.
Analysis of WW International Inc. (WW)
Further, the quarter-over-quarter decrease in sales is -15.80%, showing a negative trend in the upcoming months.
One of the most important indicators of WW International Inc.’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 42.80% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.80, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and WW is recording 3.91M average volume. On a monthly basis, the volatility of the stock is set at 7.53%, whereas on a weekly basis, it is put at 6.85%, with a gain of 4.22% over the past seven days. Furthermore, long-term investors anticipate a median target price of $11.40, showing growth from the present price of $11.37, which can serve as yet another indication of whether WW is worth investing in or should be passed over.
How Do You Analyze WW International Inc. Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.60%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 83.40% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in WW shares?
The recent increase in stakes in WW appears to be a result of several institutional investors and hedge funds increasing their positions. Contrarius Investment Management’s position in WW has increased by 13.46% in the first quarter. The company now owns 7,526,323 shares of the stock, with a value of $73.08 million, following the purchase of 893,086 additional shares during the last quarter. Balyasny Asset Management LP made another increased to its shares in WW during the first quarter, upping its stake by 45.71%. During the last quarter, the company picked up 1,459,629 additional shares for a total stake of worth $45.18 million, bringing number of shares owned by the company to 4,652,894.
During the first quarter, Millennium Management LLC added a 759,129 position in WW. The Vanguard Group, Inc. sold an additional -0.61 million shares in the last quarter, decreasing its holdings by -14.18%, now holding 3.71 million shares worth $36.07 million. At the end of the first quarter, BlackRock Fund Advisors increased its WW holdings by 5.19% and now holds 3.47 million WW shares valued at $33.71 million with the added 0.17 million shares during the period. WW shares are owned by institutional investors to the tune of 83.40% at present.