WW International, Inc. (NASDAQ:WW) Receives Average Rating of “Hold” from Brokerages

WW International, Inc. (NASDAQ:WW) has received an average rating of “Hold” from the six research firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $4.50.

A number of brokerages have recently issued reports on WW. Morgan Stanley lowered WW International from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $6.50 to $1.25 in a research note on Friday, July 26th. StockNews.com raised shares of WW International from a “sell” rating to a “hold” rating in a research note on Thursday. UBS Group dropped their target price on shares of WW International from $2.10 to $1.00 and set a “neutral” rating for the company in a report on Friday, August 2nd. Barclays reissued an “underweight” rating and issued a $0.75 price target on shares of WW International in a research note on Thursday, October 10th. Finally, Guggenheim dropped their price objective on shares of WW International from $12.00 to $6.00 and set a “buy” rating for the company in a research note on Friday, August 2nd.

WW International Trading Down 6.2 %

Shares of WW International stock opened at $0.88 on Friday. WW International has a twelve month low of $0.67 and a twelve month high of $9.77. The firm has a market capitalization of $70.67 million, a PE ratio of -0.15 and a beta of 1.69. The firm’s 50-day moving average price is $1.03 and its 200 day moving average price is $1.21.

Institutional Trading of WW International

Several institutional investors have recently made changes to their positions in WW. BNP Paribas Financial Markets grew its position in WW International by 229.7% in the first quarter. BNP Paribas Financial Markets now owns 113,427 shares of the company’s stock worth $210,000 after acquiring an additional 79,026 shares during the period. SG Americas Securities LLC lifted its stake in shares of WW International by 52.1% in the 1st quarter. SG Americas Securities LLC now owns 47,409 shares of the company’s stock valued at $88,000 after purchasing an additional 16,244 shares during the last quarter. Empirical Capital Management LLC acquired a new position in shares of WW International in the 1st quarter valued at $185,000. Marshall Wace LLP grew its holdings in shares of WW International by 159.9% during the 2nd quarter. Marshall Wace LLP now owns 260,400 shares of the company’s stock worth $305,000 after purchasing an additional 160,200 shares during the period. Finally, Prism Advisors Inc. increased its position in shares of WW International by 110.0% during the 3rd quarter. Prism Advisors Inc. now owns 42,000 shares of the company’s stock worth $37,000 after purchasing an additional 22,000 shares during the last quarter. 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.