WW International (NASDAQ:WW) Lowered to "Strong Sell" Rating by Wall Street Zen

Key Points

• Wall Street Zen cut WW International from a “sell” to a “strong sell,” adding to an already cautious analyst outlook. The stock’s consensus rating remains “Reduce” based on MarketBeat data.
• WW International reported a much worse-than-expected quarterly loss, posting EPS of -$5.20 versus estimates of -$0.85, even though revenue came in above forecasts at $168.26 million.
• The stock was trading up 11.2% to $10.20 despite the downgrade, but it remains far below its 52-week high of $46.95 and below both its 50-day and 200-day moving averages.

WW International (NASDAQ:WW - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "sell" rating to a "strong sell" rating in a note issued to investors on Saturday.

A number of other analysts have also commented on the company. Weiss Ratings reissued a "sell (d+)" rating on shares of WW International in a report on Friday, January 9th. Zacks Research upgraded WW International from a "strong sell" rating to a "hold" rating in a report on Monday, March 16th. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Reduce".

WW International Trading Up 11.2%

WW International stock opened at $10.20 on Friday. WW International has a 1-year low of $8.36 and a 1-year high of $46.95. The firm has a market capitalization of $101.99 million, a price-to-earnings ratio of -1.76 and a beta of 1.30. The firm's fifty day moving average price is $15.33 and its two-hundred day moving average price is $22.64.

WW International (NASDAQ:WW - Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported ($5.20) earnings per share for the quarter, missing analysts' consensus estimates of ($0.85) by ($4.35). The company had revenue of $168.26 million for the quarter, compared to the consensus estimate of $149.80 million. On average, research analysts forecast that WW International will post -0.06 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Invesco Senior Secured Management Inc. ADV purchased a new stake in shares of WW International during the 4th quarter valued at $4,989,000. Cooper Creek Partners Management LLC bought a new stake in shares of WW International during the 3rd quarter worth $3,336,000. Mount Lucas Management LP bought a new position in WW International during the third quarter valued at about $1,094,000. Marshall Wace LLP bought a new position in WW International during the fourth quarter valued at about $1,108,000. Finally, Quinn Opportunity Partners LLC bought a new position in WW International during the fourth quarter valued at about $1,010,000. Institutional investors own 86.18% of the company's stock.

About WW International

WW International, Inc NASDAQ: WW is a global wellness and weight management company that provides a range of subscription-based programs, digital tools and personalized coaching services. Originally founded in 1963 by Jean Nidetch as a small support group in New York City, the company grew into the well-known Weight Watchers brand before rebranding as WW in 2018 to reflect an expanded focus on overall health, fitness and nutrition. Over the years, WW has introduced innovations such as the SmartPoints® system, which assigns values to foods based on their nutritional composition, and the MyWW® personalized wellness plan, which tailors recommendations to individual lifestyles and goals.

WW's offerings span digital and in-person channels.

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