Brokerages Set WW International, Inc. (NASDAQ:WW) Target Price at $8.09

WW International, Inc. (NASDAQ:WW) has received an average rating of “Hold” from the seven analysts that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $8.09.

A number of research firms have weighed in on WW. DA Davidson reduced their price objective on shares of WW International from $12.50 to $6.00 and set a “buy” rating for the company in a research note on Friday, May 3rd. Guggenheim reissued a “buy” rating and set a $12.00 price target on shares of WW International in a research report on Monday, March 18th. StockNews.com lowered shares of WW International from a “hold” rating to a “sell” rating in a report on Thursday, May 9th. Finally, UBS Group cut their target price on WW International from $3.00 to $2.10 and set a “neutral” rating on the stock in a research note on Thursday, April 25th.

WW International Stock Up 8.0 %

WW International stock opened at $1.21 on Friday. WW International has a twelve month low of $1.09 and a twelve month high of $13.31. The company has a market capitalization of $95.93 million, a P/E ratio of -0.28, a PEG ratio of 0.61 and a beta of 1.66. The stock’s 50 day moving average is $1.52 and its 200 day moving average is $2.97.

WW International (NASDAQ:WW) last released its earnings results on Thursday, May 2nd. The company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.43) by $0.37. The company had revenue of $206.55 million during the quarter, compared to the consensus estimate of $203.34 million. As a group, equities analysts expect that WW International will post 0.13 EPS for the current year.

Institutional Trading of WW International

Hedge funds have recently bought and sold shares of the company. Raymond James Trust N.A. purchased a new stake in WW International during the fourth quarter valued at approximately $175,000. Connectus Wealth LLC bought a new stake in shares of WW International during the 4th quarter valued at $127,000. Brevan Howard Capital Management LP grew its position in shares of WW International by 627.0% during the 4th quarter. Brevan Howard Capital Management LP now owns 292,500 shares of the company’s stock valued at $2,559,000 after acquiring an additional 252,267 shares during the period. Russell Investments Group Ltd. purchased a new stake in shares of WW International in the 4th quarter worth $993,000. Finally, Barometer Capital Management Inc. raised its holdings in WW International by 16.7% in the 4th quarter. Barometer Capital Management Inc. now owns 220,300 shares of the company’s stock worth $1,928,000 after purchasing an additional 31,600 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.