Analysts Set WW International, Inc. (NASDAQ:WW) Price Target at $8.09

Shares of WW International, Inc. (NASDAQ:WW) have been assigned a consensus recommendation of “Hold” from the seven research firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $8.09.

Several research analysts have recently weighed in on WW shares. UBS Group lowered their price objective 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 set a $12.00 price target on shares of WW International in a research report on Monday, March 18th. StockNews.com lowered WW International from a “hold” rating to a “sell” rating in a research note on Thursday, May 9th. Finally, DA Davidson reduced their target price on WW International from $12.50 to $6.00 and set a “buy” rating for the company in a research note on Friday, May 3rd.

WW International Stock Up 8.0 %

WW stock opened at $1.21 on Friday. The company has a market cap of $95.93 million, a price-to-earnings ratio of -0.28, a P/E/G ratio of 0.61 and a beta of 1.66. WW International has a twelve month low of $1.09 and a twelve month high of $13.31. The business has a 50 day moving average price of $1.52 and a two-hundred day moving average price of $2.97.

WW International (NASDAQ:WW) last released its earnings results on Thursday, May 2nd. The company reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.43) by $0.37. The firm had revenue of $206.55 million during the quarter, compared to the consensus estimate of $203.34 million. On average, equities research analysts anticipate that WW International will post 0.13 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brevan Howard Capital Management LP raised its position in WW International by 627.0% during the fourth 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. boosted its position in WW International by 16.7% in the fourth quarter. Barometer Capital Management Inc. now owns 220,300 shares of the company’s stock valued at $1,928,000 after buying an additional 31,600 shares in the last quarter. Russell Investments Group Ltd. bought a new stake in shares of WW International during the fourth quarter worth $993,000. BNP Paribas Financial Markets lifted its stake in shares of WW International by 229.7% in the 1st quarter. BNP Paribas Financial Markets now owns 113,427 shares of the company’s stock valued at $210,000 after acquiring an additional 79,026 shares during the last quarter. Finally, Empirical Capital Management LLC acquired a new stake in shares of WW International during the 1st quarter valued at $185,000. 86.18% of the stock is owned by institutional investors and hedge funds.

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.