WW International (NASDAQ:WW) Given New $2.10 Price Target at UBS Group

WW International (NASDAQ:WW) had its price target cut by UBS Group from $3.00 to $2.10 in a report issued on Thursday, Benzinga reports. The firm presently has a “neutral” rating on the stock. UBS Group’s price objective points to a potential upside of 20.00% from the stock’s current price.

A number of other equities analysts have also commented on WW. StockNews.com raised shares of WW International from a “sell” rating to a “hold” rating in a research report on Wednesday. Guggenheim reaffirmed a “buy” rating and set a $12.00 price target on shares of WW International in a research report on Monday, March 18th. The Goldman Sachs Group reissued a “buy” rating on shares of WW International in a report on Thursday, February 1st. DA Davidson reissued a “buy” rating and issued a $12.50 target price on shares of WW International in a report on Thursday, March 14th. Finally, Barclays decreased their target price on shares of WW International from $8.00 to $1.50 and set an “underweight” rating on the stock in a report on Friday, March 1st. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $9.01.

WW International Stock Performance

NASDAQ:WW opened at $1.75 on Thursday. WW International has a 52 week low of $1.51 and a 52 week high of $13.31. The firm has a market cap of $138.62 million, a price-to-earnings ratio of -1.09 and a beta of 1.77. The firm’s 50-day simple moving average is $2.33 and its 200 day simple moving average is $5.45.

WW International (NASDAQ:WW) last released its quarterly earnings results on Wednesday, February 28th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.07). The company had revenue of $205.96 million for the quarter, compared to analyst estimates of $205.95 million. Sell-side analysts anticipate that WW International will post -0.06 EPS for the current year.

Institutional Investors Weigh In On WW International

Several hedge funds and other institutional investors have recently made changes to their positions in WW. Connectus Wealth LLC bought a new stake in shares of WW International during the 4th quarter valued at approximately $127,000. Raymond James Trust N.A. bought a new stake in shares of WW International during the 4th quarter valued at approximately $175,000. Advisors Preferred LLC acquired a new stake in WW International during the 3rd quarter worth approximately $268,000. SG Americas Securities LLC boosted its position in WW International by 9.4% during the 4th quarter. SG Americas Securities LLC now owns 31,165 shares of the company’s stock worth $273,000 after buying an additional 2,681 shares during the period. Finally, Russell Investments Group Ltd. acquired a new stake in WW International during the 4th quarter worth approximately $993,000. 86.18% of the stock is owned by institutional investors.

About WW International

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.