StockNews.com Downgrades WW International (NASDAQ:WW) to Sell

WW International (NASDAQ:WW) was downgraded by equities researchers at StockNews.com from a “hold” rating to a “sell” rating in a report issued on Thursday.

A number of other equities analysts have also recently weighed in on WW. DA Davidson restated a “buy” rating and issued a $12.50 price target on shares of WW International in a report on Thursday, March 14th. Guggenheim reaffirmed a “buy” rating and issued a $12.00 target price on shares of WW International in a research report on Monday, March 18th. UBS Group cut their target price on WW International from $9.00 to $3.00 and set a “neutral” rating on the stock in a research report on Thursday, February 29th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of WW International in a research report on Thursday, February 1st. Finally, Barclays cut their target price on WW International from $8.00 to $1.50 and set an “underweight” rating on the stock in a research report on Friday, March 1st. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $9.14.

WW International Stock Up 2.3 %

NASDAQ:WW opened at $1.80 on Thursday. The company has a market capitalization of $142.58 million, a PE ratio of -1.13, a price-to-earnings-growth ratio of 1.44 and a beta of 1.77. WW International has a 52-week low of $1.56 and a 52-week high of $13.31. The stock has a fifty day simple moving average of $2.89 and a 200-day simple moving average of $6.08.

WW International (NASDAQ:WW) last announced its earnings results on Wednesday, February 28th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.07). The company had revenue of $205.96 million for the quarter, compared to analysts’ expectations of $205.95 million. As a group, equities analysts anticipate that WW International will post 0.08 earnings per share for the current year.

Institutional Investors Weigh In On WW International

Several hedge funds have recently modified their holdings of WW. Raymond James Trust N.A. lifted its stake in WW International by 15.2% in the 1st quarter. Raymond James Trust N.A. now owns 15,118 shares of the company’s stock worth $155,000 after acquiring an additional 2,000 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of WW International by 9.4% during the 4th quarter. SG Americas Securities LLC now owns 31,165 shares of the company’s stock worth $273,000 after purchasing an additional 2,681 shares in the last quarter. Rhumbline Advisers raised its stake in shares of WW International by 3.1% during the 1st quarter. Rhumbline Advisers now owns 148,265 shares of the company’s stock worth $1,517,000 after purchasing an additional 4,435 shares in the last quarter. Quantbot Technologies LP raised its stake in shares of WW International by 17.3% during the 2nd quarter. Quantbot Technologies LP now owns 30,672 shares of the company’s stock worth $195,000 after purchasing an additional 4,516 shares in the last quarter. Finally, Captrust Financial Advisors raised its stake in shares of WW International by 49.9% during the 2nd quarter. Captrust Financial Advisors now owns 17,665 shares of the company’s stock worth $119,000 after purchasing an additional 5,878 shares in the last quarter. 86.18% of the stock is owned by hedge funds and other institutional investors.

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.