WW International (NASDAQ:WW) Upgraded by StockNews.com to “Hold”

StockNews.com upgraded shares of WW International (NASDAQ:WW) from a sell rating to a hold rating in a research note published on Wednesday.

Other equities analysts have also issued reports about the stock. DA Davidson reaffirmed a buy rating and issued a $12.50 price target on shares of WW International in a report on Thursday, March 14th. UBS Group lowered their price objective 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. Barclays lowered their price objective on shares of WW International from $8.00 to $1.50 and set an underweight rating for the company in a research note on Friday, March 1st. Guggenheim reiterated a buy rating and set a $12.00 price objective on shares of WW International in a research note on Monday, March 18th. Finally, The Goldman Sachs Group reiterated a buy rating on shares of WW International in a research note on Thursday, February 1st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of Hold and an average target price of $9.14.

WW International Price Performance

Shares of WW stock opened at $1.66 on Wednesday. The company’s 50 day moving average is $2.44 and its 200 day moving average is $5.55. WW International has a 52-week low of $1.56 and a 52-week high of $13.31.

WW International (NASDAQ:WW) last issued its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $205.95 million. Sell-side analysts expect that WW International will post -0.06 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in WW. Counterpoint Mutual Funds LLC acquired a new position in shares of WW International in the third quarter worth about $128,000. Connectus Wealth LLC acquired a new position in shares of WW International in the fourth quarter worth about $127,000. Raymond James Trust N.A. acquired a new position in shares of WW International in the fourth quarter worth about $175,000. Advisors Preferred LLC acquired a new position in shares of WW International in the third quarter worth about $268,000. Finally, SG Americas Securities LLC acquired a new position in shares of WW International in the third quarter worth about $315,000. 86.18% of the stock is currently owned by institutional investors and hedge funds.

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.