WW International, Inc. (NASDAQ:WW) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of WW International, Inc. (NASDAQ:WW) have been assigned a consensus rating of “Hold” from the six analysts that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $4.50.

Several research firms have recently weighed in on WW. Morgan Stanley downgraded shares of WW International from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $6.50 to $1.25 in a research report on Friday, July 26th. Guggenheim dropped their target price on shares of WW International from $12.00 to $6.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. StockNews.com raised shares of WW International from a “sell” rating to a “hold” rating in a research report on Friday, November 8th. Barclays reaffirmed an “underweight” rating and issued a $0.75 price target on shares of WW International in a report on Thursday, October 10th. Finally, UBS Group decreased their price target on shares of WW International from $2.10 to $1.00 and set a “neutral” rating for the company in a report on Friday, August 2nd.

WW International Trading Down 10.7 %

NASDAQ:WW opened at $0.91 on Friday. The firm has a market capitalization of $72.75 million, a price-to-earnings ratio of -0.16 and a beta of 1.69. The firm’s fifty day simple moving average is $1.02 and its 200 day simple moving average is $1.21. WW International has a twelve month low of $0.67 and a twelve month high of $9.77.

Institutional Investors Weigh In On WW International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WW. Prism Advisors Inc. grew its stake in WW International by 110.0% in the 3rd quarter. Prism Advisors Inc. now owns 42,000 shares of the company’s stock valued at $37,000 after buying an additional 22,000 shares during the last quarter. SG Americas Securities LLC grew its stake in WW International by 52.1% in the 1st quarter. SG Americas Securities LLC now owns 47,409 shares of the company’s stock valued at $88,000 after buying an additional 16,244 shares during the last quarter. Empirical Capital Management LLC acquired a new position in WW International in the 1st quarter valued at $185,000. BNP Paribas Financial Markets grew its stake in WW International by 229.7% in the 1st quarter. BNP Paribas Financial Markets now owns 113,427 shares of the company’s stock valued at $210,000 after buying an additional 79,026 shares during the last quarter. Finally, Marshall Wace LLP grew its stake in WW International by 159.9% in the 2nd quarter. Marshall Wace LLP now owns 260,400 shares of the company’s stock valued at $305,000 after buying an additional 160,200 shares during the last quarter. Hedge funds and other institutional investors 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.