We see Weight Watchers’ stock declined from levels of around $51 in October 2007 (the pre-crisis peak) to levels of about $17 in March 2009 (as the markets bottomed out) – implying the company’s stock lost as much as 68% from its approximate pre-crisis peak. This marked a steeper drop than the broader S&P, which fell by about 51%.
Full Answer
Why is WW stock falling?
However, the digital operations have fared badly in recent quarters, with digital subscriber numbers declining 7% year-over-year to about 3.4 million over Q4 2021. As the digital business declines, investors have likely re-rated WW stock lower.
Is Weight Watchers stock a buy?
The Weight Watchers International Inc. stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal.
What's happening with WW?
WW Stock Forecast Weight Watchers enters 2022 with a new program known as "PersonalPoints" within the digital platform. The innovation is a more advanced algorithm tailored to each subscriber's budget and food preferences while making adjustments to nutritional points value compared to the old system.
Is WW in trouble?
The company formerly known as Weight Watchers saw its sales and membership shrink in 2021 despite a forecast for growth from chief executive Mindy Grossman last spring. While WW blamed the flop on consumer habits during the pandemic, industry experts noted that Winfrey was remarkably quiet during the slide.
Is Weight Watchers losing money?
The company earned $8.9 million, or 12¢ a share, in the second quarter of 2021 compared with $14 million, or 20¢ a share, made in the same quarter last year. Revenue also fell to $311 million, down 10% from the $334 million logged last year.
How much stock does Oprah have in Weight Watchers?
A WW director since October 2015, Winfrey now owns 4.8 million WW shares, while the foundation owns none.
Who owns Weight Watchers now?
Since 1999, the chairman of the company has been Raymond Debbane, co-founder and CEO of The Invus Group. In 2015, Oprah Winfrey purchased a 10 percent ownership stake in WW International and serves as a member of the board of directors.
Is WW changing again in 2021?
What are the Weight Watchers Program Changes for 2021 and 2022? Every two years, WW releases a new and updated food program. The program is expected to be released in November of 2021, with changes continuing into 2022.
Is Weight Watchers changing in 2022?
WW has simplified to just one program — but it's entirely customized and includes specialized zero-point food lists just for you. WW (formerly Weight Watchers) has introduced a brand new plan for 2022, known to users as PersonalPoints.
Is Oprah still with WW?
' WW can use a boost from Oprah — who is also an investor and board member at the company — after sales and membership shrunk in 2021 amid the pandemic. Her marketing contract with WW is up in 2023, but she has agreed to serve as an adviser for the company through May 2025.
How much does Weight Watchers pay Oprah?
She had gifted 361,000 WW shares to her foundation, which sold them for $22.6 million, or $62.56 each on average. She had acquired 1.4 million WW shares through stock options, paying $9.8 million, $6.97 each. She continues to be WW's second-largest shareholder.
What is Mindy Grossman doing now?
Grossman has been a director of HSN, Inc. since it went public in August 2008. She has been a director of Bloomin' Brands since 2012. She serves on the Board of Directors of, and as of 2015 is Vice Chair of, the National Retail Federation.