WW International (NASDAQ:WW) Upgraded to “Hold” by StockNews.com

StockNews.com upgraded shares of WW International (NASDAQ:WW) from a sell rating to a hold rating in a research note issued to investors on Wednesday.

Several other research firms also recently weighed in on WW. The Goldman Sachs Group reiterated a buy rating on shares of WW International in a research report on Thursday, February 1st. Barclays reduced their target price on WW International from $8.00 to $1.50 and set an underweight rating on the stock in a research report on Friday, March 1st. UBS Group reduced their target price on WW International from $9.00 to $3.00 and set a neutral rating on the stock in a research report on Thursday, February 29th. DA Davidson reiterated a buy rating and set a $12.50 target price on shares of WW International in a research report on Thursday, March 14th. Finally, Guggenheim reiterated a buy rating and set a $12.00 target price on shares of WW International in a research report on Monday, March 18th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of Hold and a consensus price target of $9.01.

WW International Stock Performance

WW International stock opened at $1.75 on Wednesday. The firm has a market capitalization of $138.62 million, a price-to-earnings ratio of -1.09 and a beta of 1.77. WW International has a fifty-two week low of $1.51 and a fifty-two week high of $13.31. The stock’s fifty day moving average is $2.33 and its two-hundred day moving average is $5.39.

WW International (NASDAQ:WW) last posted its quarterly earnings data 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 during the quarter, compared to analyst estimates of $205.95 million. As a group, sell-side analysts forecast that WW International will post -0.06 EPS for the current fiscal year.

Institutional Investors Weigh In On WW International

A number of hedge funds have recently bought and sold shares of the business. Brevan Howard Capital Management LP grew its stake in WW International by 627.0% during the 4th quarter. Brevan Howard Capital Management LP now owns 292,500 shares of the company’s stock valued at $2,559,000 after purchasing an additional 252,267 shares in the last quarter. Barometer Capital Management Inc. grew its position in shares of WW International by 16.7% in the 4th quarter. Barometer Capital Management Inc. now owns 220,300 shares of the company’s stock worth $1,928,000 after acquiring an additional 31,600 shares in the last quarter. Connectus Wealth LLC acquired a new position in shares of WW International in the 4th quarter worth approximately $127,000. Russell Investments Group Ltd. acquired a new position in shares of WW International in the 4th quarter worth approximately $993,000. Finally, SG Americas Securities LLC grew its position in shares of WW International by 9.4% in the 4th quarter. SG Americas Securities LLC now owns 31,165 shares of the company’s stock worth $273,000 after acquiring an additional 2,681 shares in the last quarter. Institutional investors and hedge funds own 86.18% of the company’s stock.

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.