Brokerages Set WW International, Inc. (NASDAQ:WW) PT at $5.29

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

Several brokerages have recently issued reports on WW. UBS Group reduced their target price on WW International from $2.10 to $1.00 and set a “neutral” rating on the stock in a report on Friday, August 2nd. Barclays cut their target price on WW International from $1.50 to $0.75 and set an “underweight” rating on the stock in a research note on Friday, August 2nd. StockNews.com lowered WW International from a “hold” rating to a “sell” rating in a report on Thursday, May 9th. Guggenheim decreased their price objective on WW International from $12.00 to $6.00 and set a “buy” rating for the company in a report on Friday, August 2nd. Finally, Morgan Stanley lowered WW International from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $6.50 to $1.25 in a report on Friday, July 26th.

Insider Activity at WW International

In other news, CEO Sima Sistani purchased 65,000 shares of the company’s stock in a transaction dated Wednesday, August 7th. The shares were acquired at an average cost of $0.75 per share, for a total transaction of $48,750.00. Following the completion of the purchase, the chief executive officer now directly owns 267,410 shares in the company, valued at approximately $200,557.50. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 8.12% of the stock is owned by corporate insiders.

Institutional Trading of WW International

Hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC increased its stake in WW International by 52.1% during the 1st quarter. SG Americas Securities LLC now owns 47,409 shares of the company’s stock worth $88,000 after buying an additional 16,244 shares during the period. Connectus Wealth LLC acquired a new stake in shares of WW International in the 4th quarter worth approximately $127,000. Empirical Capital Management LLC acquired a new stake in shares of WW International in the 1st quarter worth approximately $185,000. BNP Paribas Financial Markets raised its holdings 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 worth $210,000 after purchasing an additional 79,026 shares in the last quarter. Finally, Marshall Wace LLP raised its holdings in shares of WW International by 159.9% in the 2nd quarter. Marshall Wace LLP now owns 260,400 shares of the company’s stock worth $305,000 after purchasing an additional 160,200 shares in the last quarter. Institutional investors and hedge funds own 86.18% of the company’s stock.

WW International Stock Up 1.3 %

WW stock opened at $0.78 on Monday. The firm has a market cap of $61.99 million, a PE ratio of -0.18 and a beta of 1.66. The business has a 50 day moving average of $1.07 and a 200 day moving average of $1.73. WW International has a twelve month low of $0.71 and a twelve month high of $13.31.

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 company had revenue of $202.07 million during the quarter, compared to the consensus estimate of $210.89 million. During the same period in the prior year, the firm earned ($0.04) earnings per share. On average, research analysts expect that WW International will post -0.13 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.