Switching Stock: WW International, Inc. (NASDAQ: WW)
WW International, Inc. (NASDAQ: WW) stock observed trading -21.18% off 52-week high price. On the other end, the stock has been noted 134.29% away from low price over the last 52-weeks. The stock disclosed a move of 3.71% away from 50 day moving average and 43.68% away from 200 day moving average. Moving closer, we can see that shares have been trading -4.33% off 20-day moving average. The USA based company WW International, Inc. moved with change of 3.13% to $39.15 with the total traded volume of 2128404 shares in recent session versus to an average volume of 1685.63K.
WW International, Inc. (WW) recently reported its results for the third quarter of fiscal 2019 and raised its full year fiscal 2019 EPS guidance.
Q3 2019 Business and Financial Highlights
End of Period Subscribers in Q3 2019 were up 5.7% versus the previous year period. Q3 2019 End of Period Digital Subscribers were up 12.5% and End of Period Studio + Digital Subscribers were down 7.3% versus the previous year period.
Total Paid Weeks in Q3 2019 were up 3.7% versus the previous year period. Q3 2019 Digital Paid Weeks increased 10.8% and Studio + Digital Paid Weeks reduced 9.1% versus the previous year period.
Revenues in Q3 2019 were $348.6M. On a constant currency basis, Q3 2019 revenues reduced 3.3% versus the previous year period.
Service Revenues in Q3 2019 were $298.0M. On a constant currency basis, these revenues reduced 3.0% versus the previous year period, primarily driven by Studio + Digital member recruitment declines.
Product Sales and Other in Q3 2019 were $50.5M. On a constant currency basis, these revenues reduced 4.6% versus the previous year period, primarily Because of a decline in product sales.
Operating Income in Q3 2019 was $94.7M contrast to $118.9M in the previous year period. This decrease in operating income was primarily driven by operating deleverage on lower revenues in the quarter versus the previous year period.
Effective Tax Rate in Q3 2019 was 21.8% contrast to 15.0% in the previous year period.
Net Income in Q3 2019 was $47.1M contrast to $70.1M in the previous year period.
Earnings per fully diluted share (EPS) in Q3 2019 was $0.68 contrast to $1.00 in the previous year period.
Certain items affect year-over-year comparability.
Q3 2018 results benefited from the reversal of certain tax reserves, the impact of which positively influenced EPS by $0.06 per fully diluted share.
WW’s shares are at 11.00% for the quarter and driving a -18.13% return over the course of the past year and is now at 1.56% since this point in 2018. Right now, the stock beta is 2.3. The average volatility for the week and month was at 4.83% and 4.71% respectively. There are 67.36M shares outstanding and 46.34M shares are floated in market.
