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

WW International, Inc. (NASDAQ:WW) has been given an average rating of “Hold” by the six research firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $4.50.

A number of equities research analysts recently issued reports on the company. Barclays reissued an “underweight” rating and set a $0.75 price target on shares of WW International in a research report on Thursday, October 10th. StockNews.com raised WW International from a “sell” rating to a “hold” rating in a report on Thursday, November 14th.

Institutional Trading of WW International

Several institutional investors and hedge funds have recently modified their holdings of WW. Prism Advisors Inc. lifted 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 purchasing an additional 22,000 shares during the last quarter. Marshall Wace LLP increased its holdings in shares of WW International by 159.9% during the second quarter. Marshall Wace LLP now owns 260,400 shares of the company’s stock worth $305,000 after buying an additional 160,200 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of WW International by 14.7% during the third quarter. Geode Capital Management LLC now owns 1,014,475 shares of the company’s stock worth $891,000 after buying an additional 130,180 shares in the last quarter. 86.18% of the stock is currently owned by institutional investors.

WW International Stock Down 3.0 %

NASDAQ WW opened at $1.28 on Friday. WW International has a 12-month low of $0.67 and a 12-month high of $9.60. The firm has a 50-day moving average price of $1.19 and a two-hundred day moving average price of $1.10. The company has a market capitalization of $102.23 million, a P/E ratio of -0.22 and a beta of 1.73.

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.