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

Shares of WW International, Inc. (NASDAQ:WW) have been given an average rating of “Hold” by the six brokerages that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $4.50.

A number of equities research analysts have issued reports on the stock. StockNews.com raised shares of WW International from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Barclays reaffirmed an “underweight” rating and set a $0.75 target price on shares of WW International in a research note on Thursday, October 10th.

WW International Stock Up 14.6 %

Shares of WW International stock opened at $1.65 on Wednesday. The firm has a market cap of $131.78 million, a PE ratio of -0.28 and a beta of 1.72. WW International has a 12-month low of $0.67 and a 12-month high of $9.77. The company’s fifty day simple moving average is $1.16 and its two-hundred day simple moving average is $1.11.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Geode Capital Management LLC lifted its position in WW International by 14.7% during the 3rd quarter. Geode Capital Management LLC now owns 1,014,475 shares of the company’s stock valued at $891,000 after acquiring an additional 130,180 shares during the period. Marshall Wace LLP lifted its position in WW International by 159.9% during the 2nd quarter. Marshall Wace LLP now owns 260,400 shares of the company’s stock valued at $305,000 after acquiring an additional 160,200 shares during the period. Finally, Prism Advisors Inc. raised its holdings in WW International by 110.0% in the third quarter. Prism Advisors Inc. now owns 42,000 shares of the company’s stock worth $37,000 after buying an additional 22,000 shares during the last quarter. 86.18% of the stock is owned by hedge funds and other institutional investors.

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.