WW International, Inc. (NASDAQ:WW) Given Consensus Rating of “Hold” by Analysts

WW International, Inc. (NASDAQ:WW) has been given a consensus recommendation of “Hold” by the seven ratings firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $9.14.

Several research analysts have recently weighed in on the stock. UBS Group decreased their target price on shares of WW International from $9.00 to $3.00 and set a “neutral” rating for the company in a research note on Thursday, February 29th. The Goldman Sachs Group restated a “buy” rating on shares of WW International in a research note on Thursday, February 1st. Barclays cut their price target on WW International from $8.00 to $1.50 and set an “underweight” rating on the stock in a research note on Friday, March 1st. DA Davidson reaffirmed a “buy” rating and set a $12.50 price target on shares of WW International in a research report on Thursday, March 14th. Finally, Guggenheim reaffirmed a “buy” rating and issued a $12.00 price objective on shares of WW International in a report on Monday, March 18th.

WW International Stock Performance

Shares of NASDAQ:WW opened at $1.63 on Tuesday. WW International has a 1 year low of $1.56 and a 1 year high of $13.31. The stock has a 50-day simple moving average of $2.55 and a 200-day simple moving average of $5.64. The stock has a market capitalization of $129.11 million, a P/E ratio of -1.02 and a beta of 1.77.

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

Hedge Funds Weigh In On WW International

Large investors have recently added to or reduced their stakes in the company. Connectus Wealth LLC acquired a new position in WW International during the 4th quarter worth about $127,000. Counterpoint Mutual Funds LLC bought a new stake in WW International during the 3rd quarter worth about $128,000. Raymond James Trust N.A. acquired a new position in shares of WW International during the 4th quarter worth about $175,000. Advisors Preferred LLC acquired a new stake in shares of WW International during the 3rd quarter worth about $268,000. Finally, SG Americas Securities LLC grew its stake in shares of WW International by 9.4% in the fourth quarter. SG Americas Securities LLC now owns 31,165 shares of the company’s stock valued at $273,000 after acquiring an additional 2,681 shares in 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.