WW International (NASDAQ:WW - Get Free Report) was downgraded by equities research analysts at StockNews.com from a "hold" rating to a "sell" rating in a research report issued to clients and investors on Wednesday.
A number of other research firms have also recently issued reports on WW. Guggenheim reiterated a "buy" rating and issued a $12.00 target price on shares of WW International in a research note on Monday, March 18th. UBS Group dropped their price target on WW International from $3.00 to $2.10 and set a "neutral" rating for the company in a report on Thursday, April 25th. Barclays decreased their target price on WW International from $8.00 to $1.50 and set an "underweight" rating on the stock in a report on Friday, March 1st. DA Davidson restated a "buy" rating and issued a $12.50 target price on shares of WW International in a research note on Thursday, March 14th. Finally, The Goldman Sachs Group reiterated a "buy" rating on shares of WW International in a research report on Thursday, February 1st. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, WW International has a consensus rating of "Hold" and a consensus target price of $9.01.
Check Out Our Latest Report on WW
WW International Trading Up 1.1 %
WW stock traded up $0.02 during midday trading on Wednesday, hitting $1.83. The stock had a trading volume of 2,862,194 shares, compared to its average volume of 5,847,169. WW International has a 52 week low of $1.51 and a 52 week high of $13.31. The stock has a 50-day simple moving average of $2.25 and a 200 day simple moving average of $5.21. The firm has a market capitalization of $144.95 million, a price-to-earnings ratio of -1.11 and a beta of 1.77.
WW International (NASDAQ:WW - Get Free Report) last posted its quarterly 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 company had revenue of $205.96 million for the quarter, compared to analysts' expectations of $205.95 million. On average, equities analysts forecast that WW International will post -0.06 EPS for the current year.
Hedge Funds Weigh In On WW International
Institutional investors and hedge funds have recently modified their holdings of the business. SG Americas Securities LLC raised its stake in shares of WW International by 9.4% in the 4th quarter. SG Americas Securities LLC now owns 31,165 shares of the company's stock valued at $273,000 after purchasing an additional 2,681 shares during the period. Connectus Wealth LLC bought a new position in shares of WW International during the fourth quarter worth about $127,000. Raymond James Trust N.A. acquired a new stake in WW International in the 4th quarter valued at approximately $175,000. Advisors Preferred LLC bought a new stake in WW International in the 3rd quarter valued at approximately $268,000. Finally, Barometer Capital Management Inc. boosted its position in WW International by 16.7% during the 4th quarter. Barometer Capital Management Inc. now owns 220,300 shares of the company's stock worth $1,928,000 after acquiring an additional 31,600 shares during the last quarter. 86.18% of the stock is currently owned by institutional investors and hedge funds.
WW International Company Profile
(
Get Free Report)
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.
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