StockNews.com Lowers WW International (NASDAQ:WW) to Sell

StockNews.com downgraded shares of WW International (NASDAQ:WW - Free Report) from a hold rating to a sell rating in a research note released on Thursday.

WW has been the topic of several other reports. Barclays lowered their target price on shares of WW International from $8.00 to $1.50 and set an underweight rating on the stock in a research note on Friday, March 1st. UBS Group reduced their price target on shares of WW International from $9.00 to $3.00 and set a neutral rating for the company in a research report on Thursday, February 29th. Guggenheim restated a buy rating and set a $12.00 price target on shares of WW International in a research report on Monday, March 18th. The Goldman Sachs Group restated a buy rating on shares of WW International in a research report on Thursday, February 1st. Finally, DA Davidson restated a buy rating and set a $12.50 price target on shares of WW International in a research report on Thursday, March 14th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, WW International presently has a consensus rating of Hold and an average target price of $9.14.

WW International Trading Up 2.2 %

Shares of WW stock traded up $0.04 during mid-day trading on Thursday, hitting $1.82. 2,886,333 shares of the stock were exchanged, compared to its average volume of 6,163,138. The firm has a fifty day moving average of $2.74 and a 200 day moving average of $5.85. WW International has a 52-week low of $1.56 and a 52-week high of $13.31.

WW International (NASDAQ:WW - Get Free Report) last posted its earnings results on Wednesday, February 28th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.07). The firm had revenue of $205.96 million for the quarter, compared to analyst estimates of $205.95 million. As a group, equities analysts forecast that WW International will post -0.06 EPS for the current fiscal year.

Institutional Trading of WW International

Hedge funds and other institutional investors have recently made changes to their positions in the company. Teachers Retirement System of The State of Kentucky purchased a new position in WW International in the 3rd quarter valued at approximately $84,000. Captrust Financial Advisors raised its holdings in shares of WW International by 49.9% in the 2nd quarter. Captrust Financial Advisors now owns 17,665 shares of the company's stock valued at $119,000 after purchasing an additional 5,878 shares in the last quarter. Legato Capital Management LLC acquired a new stake in shares of WW International in the 2nd quarter valued at $123,000. Connectus Wealth LLC acquired a new stake in shares of WW International in the 4th quarter valued at $127,000. Finally, Counterpoint Mutual Funds LLC acquired a new stake in shares of WW International in the 3rd quarter valued at $128,000. Institutional investors and hedge funds own 86.18% of the company's stock.

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.