WW International (NASDAQ:WW) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of WW International (NASDAQ:WW) from a sell rating to a hold rating in a report released on Friday morning.

Other equities analysts have also issued reports about the stock. Barclays reiterated an “underweight” rating and issued a $0.75 price target on shares of WW International in a research note on Thursday, October 10th. UBS Group cut their price target on shares of WW International from $2.10 to $1.00 and set a “neutral” rating on the stock in a research note on Friday, August 2nd. Morgan Stanley downgraded WW International from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $6.50 to $1.25 in a report on Friday, July 26th. Finally, Guggenheim reduced their price objective on WW International from $12.00 to $6.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $4.50.

WW International Price Performance

NASDAQ:WW opened at $0.92 on Friday. The firm has a market capitalization of $73.11 million, a PE ratio of -0.16 and a beta of 1.69. The business’s fifty day moving average price is $1.01 and its 200 day moving average price is $1.22. WW International has a 12 month low of $0.67 and a 12 month high of $9.77.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of WW. BNP Paribas Financial Markets boosted its position 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 buying an additional 79,026 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of WW International by 52.1% during the first quarter. SG Americas Securities LLC now owns 47,409 shares of the company’s stock valued at $88,000 after purchasing an additional 16,244 shares during the period. Empirical Capital Management LLC acquired a new position in WW International in the 1st quarter worth $185,000. Marshall Wace LLP grew its stake 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 purchasing an additional 160,200 shares in the last quarter. Finally, Prism Advisors Inc. increased its stake in shares of 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. Institutional investors and hedge funds own 86.18% of the company’s stock.

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.