Brokerages Set WW International, Inc. (NASDAQ:WW) PT at $9.14

WW International, Inc. (NASDAQ:WW) has earned a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $9.01.

Several research firms have issued reports on WW. Barclays cut their price objective on WW International from $8.00 to $1.50 and set an “underweight” rating on the stock in a report on Friday, March 1st. StockNews.com upgraded shares of WW International from a “sell” rating to a “hold” rating in a report on Wednesday. UBS Group decreased their price objective on shares of WW International from $3.00 to $2.10 and set a “neutral” rating for the company in a research note on Thursday. The Goldman Sachs Group reiterated a “buy” rating on shares of WW International in a research report on Thursday, February 1st. Finally, Guggenheim restated a “buy” rating and issued a $12.00 target price on shares of WW International in a report on Monday, March 18th.

WW International Stock Performance

Shares of NASDAQ:WW opened at $1.59 on Tuesday. The company has a market capitalization of $125.94 million, a PE ratio of -0.99 and a beta of 1.77. The stock has a fifty day moving average of $2.38 and a 200-day moving average of $5.52. WW International has a one year low of $1.51 and a one year high of $13.31.

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Connectus Wealth LLC purchased a new position in WW International in the fourth quarter valued at about $127,000. Counterpoint Mutual Funds LLC bought a new stake in shares of WW International in the 3rd quarter valued at approximately $128,000. Raymond James Trust N.A. bought a new stake in shares of WW International in the 4th quarter valued at approximately $175,000. Advisors Preferred LLC acquired a new position in WW International in the third quarter worth approximately $268,000. Finally, SG Americas Securities LLC raised its position in WW International by 9.4% during 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.