WW stock has actually been on a weak footing for some time now. The stock remains down by over 50% from its June 2021 highs, driven largely by the company’s tough Q2 2021 earnings report, which saw its digital subscriber growth cool considerably, with its studio business continuing to post declines.
Full Answer
Is Weight Watchers really worth the money?
Weight Watchers consistently ranks the highest amongst commercial diets for overall fat and weight loss (source), making it arguably one of the most successful dieting programs available to consumers. Right now, the WW FreeStyle program costs about $20 per month, and you can add optional meetings for a $50 per month total.
How much higher can Weight Watchers stock go?
WTW stock is up 170% over the past year. The big growth drivers include secular trends in health, celebrity endorsement, and a digital model shift.
What to expect on Weight Watchers?
Sunday
- Eat and track lunch – Hearty Turkey Chili
- Track snack – cheese and pear
- While eating lunch, pick a food or activity challenge to start on Monday – these are 1 to 1 week long challenges designed to keep you motivated and on track!
How much can you lose week on Weight Watchers?
Weight Watchers says that if you follow their program you can expect to drop around 1-2lb each week. Of course there are people who have lost weight faster than that.
Will Weight Watchers stock go up?
According to consensus, the forecast for the full-year 2021 revenue and earnings are in line with the management guidance. The market sees revenue growth averaging 6.5% between 2022 and 2023, while EPS is expected to rebound high presumably driven by firming margins operating margins and upside to the digital pricing.
Is Weight Watchers a good stock to 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.
Why is Weight Watchers stock so low?
[11/30/2020] Weight Watchers Digital Transformation The decline is driven primarily by lower Revenues at the company's Studio business (43% of total revenue mix in 2019), which was impacted as people stayed home and avoided public places due to Covid-19 lockdowns.
Is Weight Watchers in financial 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 making 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.
Why are Weight Watchers closing?
“As the COVID-19 crisis has forced the closure of our physical studios around the world, we have had to make some difficult decisions that have directly impacted the lives of some of our valued team members,” WW said in a statement to USA TODAY Friday.
Is WW changing again in 2022?
WW (formerly Weight Watchers) has introduced a brand new plan for 2022, known to users as PersonalPoints. Point-tracking diet plans are personalized for each WW user based on their goals and favorite foods.
Does Oprah still own WW?
Entertainment mogul Winfrey made a large personal investment in WW in October 2015 and continues to hold stock. She is also the company's spokesperson through 2025.
Who owns Weight Watchers?
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.
What is wrong with Weight Watchers?
Weight Watchers focuses on counting points, not calories. However, counting calories is also important. If you consume calories significantly below the average intake of 2000 calories per day, you are at risk for undernourishment. For example, Weight Watchers frozen meals contain an average of 250 to 300 calories each.
Why did Weight Watchers fail?
Why Weight Watchers Fails Most People. In my opinion the biggest reason why Weight Watchers fails more often than not is that it doesn't teach people about real food. I could say this about any program that revolves around counting calories.
Has Weight Watchers been sued?
A class action lawsuit has been waged against Weight Watchers by a customer who claims that the weight loss program is still charging their members monthly fees even though the company has ceased in-person meetings due to the coronavirus.
Should I buy or sell WW International stock right now?
5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for WW International in the last twelve months. There are currently 1...
What is WW International's stock price forecast for 2022?
5 analysts have issued twelve-month price targets for WW International's shares. Their forecasts range from $10.00 to $30.00. On average, they anti...
How has WW International's stock performed in 2022?
WW International's stock was trading at $16.13 at the beginning of 2022. Since then, WW shares have decreased by 52.4% and is now trading at $7.68....
When is WW International's next earnings date?
WW International is scheduled to release its next quarterly earnings announcement on Tuesday, August 9th 2022. View our earnings forecast for WW I...
How were WW International's earnings last quarter?
WW International, Inc. (NASDAQ:WW) posted its quarterly earnings data on Thursday, May, 5th. The company reported ($0.12) earnings per share for th...
What guidance has WW International issued on next quarter's earnings?
WW International updated its FY 2022 earnings guidance on Monday, May, 23rd. The company provided EPS guidance of $0.92-$1.02 for the period, compa...
Who are WW International's key executives?
WW International's management team includes the following people: Ms. Amy K. O'Keefe , Chief Financial Officer (Age 50, Pay $927.39k) Mr. Michae...
Who are some of WW International's key competitors?
Some companies that are related to WW International include H&R Block (HRB) , Hillenbrand (HI) , Matthews International (MATW) , Carriage Servi...
What other stocks do shareholders of WW International own?
Based on aggregate information from My MarketBeat watchlists, some companies that other WW International investors own include Micron Technology (...
What is the earnings for Weight Watchers 2020?
On April 28, 2020, Weight Watchers released its fiscal year Q1 2020 earnings for the quarter ending March 2020. The Company reported a loss of (-$0.09) per share versus consensus analyst estimates for a loss of (-$021) per share, beating by $0.12 per share. Revenues grew to $400.4 million versus $402.72 analyst estimates. Service revenues grew to $324.7 million increasing 6.9% year-over-year (YoY) driven by the increase in digital subscribers. Subscriber growth was 9.2% YoY, and digital subscriber growth was 15.9% YoY, which is the real growth driver during the pandemic.
How many subscribers does Weight Watchers have in 2020?
The Company noted as of June 6, 2020, total subscribers grew to 4.9 million up 7% YoY consisting of 3.8 million digital subscribers and 1.1 million Studio+ digital subscribers . Digital member sign-ups accelerated since mid-April driving digital subscribers to “all-time highs”. The company also anticipated 400 studios will be open by June 30, 2020. Weight Watchers fully repaid its outstanding revolver balance on June 5, 2020 and had a $127 million cash balance. They also increased credit revolver to $175 million from $150 million.
About WW International
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.
WW International (NASDAQ:WW) Frequently Asked Questions
8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for WW International in the last year. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" WW International stock.
Why did Weight Watchers share sink?
Weight Watchers shares sink nearly 25% as consumers put health goals on hold to enjoy the summer. WW International Inc., the company formerly known as Weight Watchers, says customers are taking a break from their health goals in order to enjoy the summer, which pushed down subscriber numbers by 1.9% for the quarter.
What is WW International?
(NASDAQ: WW), a human-centric technology company powered by the world's leading commercial weight management program, announced today the winners of its first-ever WW Wellness Impact Award.
Who is the CEO of WW?
Mindy Grossman became chief executive of WW in July 2017. Yanhui Zhao, assistant professor of marketing at the University of Nebraska at Omaha, says that the rebranding of Weight Watchers to WW was "a risky move" in the first place. "A rebranding project may lead to losses in brand awareness and brand familiarity.
What does WW stand for?
After 56 years of trading as Weight Watchers, the company changed its name last September to WW, which, it says, doesn't stand for anything - not Weight Watchers, not even its new tagline "Wellness that Works".
Who is the brand ambassador for WW?
In order to address this, WW recruited singer Robbie Williams and Instagram star DJ Khaled as "brand ambassadors". However, it was not the idea, but its execution that has hurt WW. image copyright. Getty Images. image caption. Instagram star DJ Khaled is a brand ambassador for WW.
Is WW a weight watcher?
WW used to be known as Weight Watchers. WW boss Ms Grossman says the company is operating in a "very competitive environment", with trends such as the high-fat, low carb "keto" diet becoming popular.
