WW International (NASDAQ:WW) Downgraded by StockNews.com

WW International (NASDAQ:WW) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Thursday.

Several other research firms have also recently issued reports on WW. Barclays decreased their price target on WW International from $8.00 to $1.50 and set an “underweight” rating on the stock in a report on Friday, March 1st. The Goldman Sachs Group reiterated a “buy” rating on shares of WW International in a report on Thursday, February 1st. UBS Group decreased their price target on WW International from $9.00 to $3.00 and set a “neutral” rating on the stock in a report on Thursday, February 29th. Guggenheim reiterated a “buy” rating and issued a $12.00 price target on shares of WW International in a report on Monday, March 18th. Finally, DA Davidson reiterated a “buy” rating and issued a $12.50 price target on shares of WW International in a report on Thursday, March 14th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $9.14.

WW International Stock Performance

Shares of WW stock opened at $1.80 on Thursday. The stock’s fifty day moving average is $2.89 and its 200-day moving average is $6.08. The stock has a market capitalization of $142.58 million, a PE ratio of -1.13, a PEG ratio of 1.44 and a beta of 1.77. WW International has a 52 week low of $1.56 and a 52 week high of $13.31.

WW International (NASDAQ:WW) last announced its earnings results on Wednesday, February 28th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.07). The firm had revenue of $205.96 million during the quarter, compared to the consensus estimate of $205.95 million. As a group, analysts forecast that WW International will post 0.08 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in WW. Weiss Multi Strategy Advisers LLC boosted its stake in WW International by 807.4% in the 4th quarter. Weiss Multi Strategy Advisers LLC now owns 416,213 shares of the company’s stock valued at $3,642,000 after purchasing an additional 370,346 shares during the period. Brevan Howard Capital Management LP raised its holdings in shares of WW International by 627.0% during the 4th quarter. Brevan Howard Capital Management LP now owns 292,500 shares of the company’s stock worth $2,559,000 after buying an additional 252,267 shares in the last quarter. Barometer Capital Management Inc. raised its holdings in shares of WW International by 16.7% during the 4th quarter. Barometer Capital Management Inc. now owns 220,300 shares of the company’s stock worth $1,928,000 after buying an additional 31,600 shares in the last quarter. Connectus Wealth LLC acquired a new position in shares of WW International during the 4th quarter worth $127,000. Finally, BNP Paribas Financial Markets raised its holdings in shares of WW International by 44.5% during the 4th quarter. BNP Paribas Financial Markets now owns 34,401 shares of the company’s stock worth $301,000 after buying an additional 10,593 shares in the last quarter. 86.18% of the stock is currently owned by institutional investors.

WW International Company Profile

WW International, Inc provides weight management products and services worldwide. It offers a range of nutritional, activity, behavioral, and lifestyle tools and approaches products and services. The company also provides various digital subscription products to wellness and weight management business, which provide interactive and personalized resources that allow users to follow its weight management program through its app and web-based platform; and allows members to inspire and support each other by sharing their experiences with other people on weight health journeys.