Analysts Set WW International, Inc. (NASDAQ:WW) PT at $8.09

WW International, Inc. (NASDAQ:WW) has been assigned a consensus rating of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $8.09.

Several research firms recently commented on WW. StockNews.com lowered WW International from a “hold” rating to a “sell” rating in a research report on Thursday, May 9th. 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. Barclays dropped 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. UBS Group dropped their price objective on WW International from $3.00 to $2.10 and set a “neutral” rating on the stock in a report on Thursday, April 25th. Finally, DA Davidson dropped their price objective on WW International from $12.50 to $6.00 and set a “buy” rating on the stock in a report on Friday, May 3rd.

WW International Price Performance

NASDAQ WW opened at $1.30 on Wednesday. The firm has a market capitalization of $102.67 million, a P/E ratio of -0.30, a P/E/G ratio of 0.77 and a beta of 1.71. WW International has a 1-year low of $1.28 and a 1-year high of $13.31. The business’s 50-day simple moving average is $1.74 and its 200-day simple moving average is $3.85.

WW International (NASDAQ:WW) last released its quarterly 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 for the quarter, compared to analyst estimates of $203.34 million. On average, equities research analysts expect that WW International will post 0.13 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WW. Brevan Howard Capital Management LP boosted its position in WW International by 627.0% during the 4th quarter. Brevan Howard Capital Management LP now owns 292,500 shares of the company’s stock worth $2,559,000 after acquiring an additional 252,267 shares during the period. Russell Investments Group Ltd. acquired a new position in WW International during the 4th quarter worth $993,000. Empirical Capital Management LLC acquired a new stake in shares of WW International in the first quarter valued at $185,000. BNP Paribas Financial Markets lifted its holdings in shares of WW International by 229.7% in the first quarter. BNP Paribas Financial Markets now owns 113,427 shares of the company’s stock valued at $210,000 after buying an additional 79,026 shares during the period. Finally, Barometer Capital Management Inc. lifted its holdings in shares of WW International by 16.7% in the fourth quarter. Barometer Capital Management Inc. now owns 220,300 shares of the company’s stock valued at $1,928,000 after buying an additional 31,600 shares during the period. 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.