WW International, Inc. (NASDAQ:WW) Receives Average Rating of “Buy” from Brokerages

WW International, Inc. (NASDAQ:WW) has been assigned an average rating of “Buy” from the ten research firms that are presently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $36.50.

Several brokerages recently issued reports on WW. Zacks Investment Research raised shares of WW International from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a report on Friday, August 13th. Craig Hallum reduced their target price on shares of WW International from $50.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, August 11th. Finally, Jefferies Financial Group lowered shares of WW International from a “buy” rating to a “hold” rating and reduced their target price for the stock from $41.00 to $30.00 in a report on Wednesday, August 11th.

Several institutional investors have recently added to or reduced their stakes in WW. Stonebridge Capital Advisors LLC acquired a new position in shares of WW International during the 1st quarter valued at $53,000. New Mexico Educational Retirement Board lifted its position in shares of WW International by 20.7% during the 2nd quarter. New Mexico Educational Retirement Board now owns 9,900 shares of the company’s stock valued at $358,000 after acquiring an additional 1,700 shares during the period. Dupont Capital Management Corp lifted its position in shares of WW International by 12.9% during the 2nd quarter. Dupont Capital Management Corp now owns 14,809 shares of the company’s stock valued at $535,000 after acquiring an additional 1,692 shares during the period. Oregon Public Employees Retirement Fund raised its holdings in WW International by 4.9% during the second quarter. Oregon Public Employees Retirement Fund now owns 16,193 shares of the company’s stock worth $585,000 after buying an additional 763 shares during the last quarter. Finally, BNP Paribas Arbitrage SA raised its holdings in WW International by 58.0% during the first quarter. BNP Paribas Arbitrage SA now owns 24,594 shares of the company’s stock worth $769,000 after buying an additional 9,032 shares during the last quarter.

Shares of WW International stock opened at $19.24 on Friday. The firm has a market capitalization of $1.34 billion, a PE ratio of 23.46, a price-to-earnings-growth ratio of 0.86 and a beta of 1.61. The firm’s 50 day moving average is $24.95 and its 200 day moving average is $30.87. WW International has a 1 year low of $17.81 and a 1 year high of $41.13.

WW International (NASDAQ:WW) last announced its quarterly earnings results on Tuesday, August 10th. The company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.19). The company had revenue of $311.40 million for the quarter, compared to the consensus estimate of $338.09 million. WW International had a net margin of 4.49% and a negative return on equity of 17.27%. The company’s revenue for the quarter was down 6.7% compared to the same quarter last year. During the same period last year, the firm posted $0.20 earnings per share. As a group, equities research analysts predict that WW International will post 1.68 EPS for the current year.

About WW International

WW International, Inc engages in the provision of weight management services. It operates through the following geographical segments: North America, United Kingdom, Continental Europe and Other. The North America segment consists of United States and Canada Company-owned operations. The United Kingdom segment includes United Kingdom Company-owned operations.

Recommended Story: What is a put option?

Analyst Recommendations for WW International (NASDAQ:WW)

Receive News & Ratings for WW International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WW International and related companies with MarketBeat.com's FREE daily email newsletter.