WW International, Inc. (NASDAQ:WW) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of WW International, Inc. (NASDAQ:WWGet Free Report) have been given an average recommendation of “Moderate Buy” by the six analysts that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $11.00.

Several equities research analysts have recently commented on WW shares. Barclays started coverage on WW International in a report on Wednesday, January 3rd. They issued an “underweight” rating and a $8.00 price objective for the company. The Goldman Sachs Group reissued a “buy” rating on shares of WW International in a research note on Thursday, February 1st. Finally, Guggenheim initiated coverage on WW International in a report on Wednesday, December 20th. They set a “buy” rating and a $14.00 price target for the company.

Read Our Latest Stock Report on WW International

Insider Buying and Selling

In related news, General Counsel Michael F. Colosi sold 20,000 shares of the stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $7.22, for a total transaction of $144,400.00. Following the sale, the general counsel now owns 25,900 shares of the company’s stock, valued at approximately $186,998. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 8.12% of the stock is currently owned by insiders.

Hedge Funds Weigh In On WW International

Several institutional investors have recently modified their holdings of the company. Ameriprise Financial Inc. increased its holdings in shares of WW International by 7,694.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,443,645 shares of the company’s stock worth $27,051,000 after purchasing an additional 2,412,295 shares in the last quarter. Driehaus Capital Management LLC bought a new position in WW International in the second quarter worth approximately $10,379,000. Geode Capital Management LLC grew its stake in WW International by 7.6% in the second quarter. Geode Capital Management LLC now owns 1,239,384 shares of the company’s stock worth $8,329,000 after purchasing an additional 87,762 shares in the last quarter. Bank of New York Mellon Corp grew its stake in WW International by 2.5% in the third quarter. Bank of New York Mellon Corp now owns 511,982 shares of the company’s stock worth $2,012,000 after purchasing an additional 12,510 shares in the last quarter. Finally, Portolan Capital Management LLC bought a new position in WW International in the second quarter worth approximately $2,407,000. 71.23% of the stock is currently owned by institutional investors.

WW International Stock Up 9.4 %

WW International stock opened at $5.02 on Thursday. WW International has a 12-month low of $3.46 and a 12-month high of $13.31. The stock has a market capitalization of $396.98 million, a price-to-earnings ratio of -5.28, a P/E/G ratio of 2.62 and a beta of 1.83. The stock has a 50-day simple moving average of $6.35 and a 200 day simple moving average of $8.38.

About WW International

(Get Free Report

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, including personal coaching and digital products; and allows members to inspire and support each other by sharing their experiences with other people on weight loss and weight management journeys.

Further Reading

Analyst Recommendations for WW International (NASDAQ:WW)

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