WW International, Inc. (NASDAQ:WW) Receives Consensus Rating of “Hold” from Analysts

WW International, Inc. (NASDAQ:WW) has been assigned an average recommendation of “Hold” from the seven ratings firms that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $9.14.

WW has been the topic of a number of research analyst reports. StockNews.com downgraded shares of WW International from a “hold” rating to a “sell” rating in a report on Thursday, April 18th. Guggenheim reissued a “buy” rating and set a $12.00 price objective on shares of WW International in a report on Monday, March 18th. Barclays cut their target price on WW International from $8.00 to $1.50 and set an “underweight” rating for the company in a research note on Friday, March 1st. The Goldman Sachs Group reissued a “buy” rating on shares of WW International in a research note on Thursday, February 1st. Finally, UBS Group dropped their price target on WW International from $9.00 to $3.00 and set a “neutral” rating for the company in a research note on Thursday, February 29th.

Hedge Funds Weigh In On WW International

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. SG Americas Securities LLC grew its stake in WW International by 9.4% during the 4th quarter. SG Americas Securities LLC now owns 31,165 shares of the company’s stock valued at $273,000 after purchasing an additional 2,681 shares during the last quarter. Counterpoint Mutual Funds LLC purchased a new stake in WW International in the 3rd quarter worth $128,000. Connectus Wealth LLC purchased a new stake in WW International during the 4th quarter worth approximately $127,000. Raymond James Trust N.A. acquired a new position in WW International in the 4th quarter valued at $175,000. Finally, Advisors Preferred LLC acquired a new stake in shares of WW International in the third quarter valued at about $268,000. Hedge funds and other institutional investors own 86.18% of the company’s stock.

WW International Stock Down 4.7 %

NASDAQ:WW opened at $1.63 on Tuesday. The firm has a market capitalization of $129.11 million, a PE ratio of -1.02 and a beta of 1.77. The stock’s 50-day simple moving average is $2.55 and its 200 day simple moving average is $5.64. WW International has a twelve month low of $1.56 and a twelve month high of $13.31.

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

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.