WW International (NASDAQ:WW) Upgraded by StockNews.com to “Hold” Rating

WW International (NASDAQ:WW) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday.

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

WW International Trading Down 10.7 %

NASDAQ:WW opened at $0.91 on Thursday. WW International has a 12 month low of $0.67 and a 12 month high of $9.77. The firm has a fifty day simple moving average of $1.02 and a 200-day simple moving average of $1.21. The company has a market capitalization of $72.75 million, a P/E ratio of -0.16 and a beta of 1.69.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Prism Advisors Inc. increased its holdings in WW International by 110.0% in the third 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 in the last quarter. SG Americas Securities LLC grew its position in shares of WW International by 52.1% in 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 stake in shares of WW International in the first quarter valued at about $185,000. BNP Paribas Financial Markets grew its position in shares of WW International by 229.7% in the first quarter. BNP Paribas Financial Markets now owns 113,427 shares of the company’s stock valued at $210,000 after purchasing an additional 79,026 shares during the period. Finally, Marshall Wace LLP grew its position in shares of WW International by 159.9% in the second 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 during the period. 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.