WW International, Inc. (NASDAQ:WW) Given Average Rating of “Hold” by Brokerages

WW International, Inc. (NASDAQ:WW) has been given an average recommendation of “Hold” by the seven analysts that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $9.01.

A number of equities analysts recently issued reports on the company. Barclays dropped their price objective on WW International from $8.00 to $1.50 and set an “underweight” rating for the company in a report on Friday, March 1st. UBS Group reduced their price target on shares of WW International from $3.00 to $2.10 and set a “neutral” rating on the stock in a research note on Thursday, April 25th. Guggenheim reissued a “buy” rating and issued a $12.00 price objective on shares of WW International in a research report on Monday, March 18th. The Goldman Sachs Group restated a “buy” rating on shares of WW International in a research note on Thursday, February 1st. Finally, DA Davidson reaffirmed a “buy” rating and set a $12.50 price target on shares of WW International in a research note on Thursday, March 14th.

Hedge Funds Weigh In On WW International

A number of large investors have recently bought and sold shares of WW. Connectus Wealth LLC acquired a new position in WW International during the 4th quarter valued at approximately $127,000. Counterpoint Mutual Funds LLC acquired a new position in WW International in the third quarter valued at approximately $128,000. Raymond James Trust N.A. purchased a new stake in WW International in the 4th quarter worth approximately $175,000. Advisors Preferred LLC acquired a new stake in shares of WW International during the 3rd quarter worth approximately $268,000. Finally, SG Americas Securities LLC increased its holdings in shares of 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 in the last quarter. Institutional investors own 86.18% of the company’s stock.

WW International Price Performance

NASDAQ:WW opened at $1.86 on Tuesday. The business has a 50 day simple moving average of $2.29 and a 200-day simple moving average of $5.28. The firm has a market capitalization of $147.33 million, a price-to-earnings ratio of -1.16 and a beta of 1.77. WW International has a 1 year low of $1.51 and a 1 year high of $13.31.

WW International (NASDAQ:WW) last posted its quarterly earnings data 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 company had revenue of $205.96 million for the quarter, compared to the consensus estimate of $205.95 million. As a group, analysts expect that WW International will post -0.06 earnings per share for the current fiscal year.

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.