WW International, Inc. (NASDAQ:WW) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of WW International, Inc. (NASDAQ:WW) have earned a consensus recommendation of “Hold” from the seven analysts that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $5.29.

Several brokerages have weighed in on WW. Barclays lowered their price objective on WW International from $1.50 to $0.75 and set an “underweight” rating for the company in a research report on Friday. DA Davidson lowered their price target on WW International from $12.50 to $6.00 and set a “buy” rating on the stock in a report on Friday, May 3rd. Guggenheim lowered their target price on WW International from $12.00 to $6.00 and set a “buy” rating on the stock in a report on Friday. Morgan Stanley downgraded WW International from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $6.50 to $1.25 in a research note on Friday, July 26th. Finally, StockNews.com cut WW International from a “hold” rating to a “sell” rating in a report on Thursday, May 9th.

WW International Stock Down 8.2 %

WW stock opened at $0.78 on Thursday. The firm has a market capitalization of $61.57 million, a PE ratio of -0.18, a PEG ratio of 0.45 and a beta of 1.66. WW International has a twelve month low of $0.72 and a twelve month high of $13.31. The stock has a 50-day simple moving average of $1.28 and a two-hundred day simple moving average of $2.20.

WW International (NASDAQ:WW) last issued its quarterly earnings data on Thursday, August 1st. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.16). The firm had revenue of $202.07 million during the quarter, compared to the consensus estimate of $210.89 million. During the same period last year, the firm earned ($0.04) earnings per share. On average, equities research analysts anticipate that WW International will post 0.13 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. SG Americas Securities LLC boosted its position in WW International by 52.1% during the first quarter. SG Americas Securities LLC now owns 47,409 shares of the company’s stock worth $88,000 after purchasing an additional 16,244 shares in the last quarter. Connectus Wealth LLC acquired a new stake in shares of WW International during the fourth quarter worth about $127,000. Empirical Capital Management LLC acquired a new position in WW International in the 1st quarter valued at about $185,000. BNP Paribas Financial Markets increased its position in WW International by 229.7% during the 1st quarter. BNP Paribas Financial Markets now owns 113,427 shares of the company’s stock worth $210,000 after purchasing an additional 79,026 shares during the period. Finally, Russell Investments Group Ltd. purchased a new stake in shares of WW International during the 4th quarter worth approximately $993,000. 86.18% of the stock is owned by institutional investors.

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.