WW International (NASDAQ:WW) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of WW International (NASDAQ:WW) from a sell rating to a hold rating in a research report report published on Saturday,Wall Street Zen reports.

Other equities research analysts have also recently issued reports about the stock. Northland Securities assumed coverage on shares of WW International in a report on Friday. They issued an “outperform” rating and a $25.00 price target for the company. Weiss Ratings lowered shares of WW International from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday, August 6th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, WW International presently has an average rating of “Hold” and an average price target of $25.00.

WW International Stock Performance

Shares of WW opened at $14.87 on Friday. WW International has a 52-week low of $8.36 and a 52-week high of $38.38. The business’s 50 day moving average price is $15.59 and its two-hundred day moving average price is $14.67. The firm has a market cap of $148.69 million, a PE ratio of -2.57 and a beta of 1.73.

WW International (NASDAQ:WW) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $1.41 EPS for the quarter, topping the consensus estimate of $0.48 by $0.93. The company had revenue of $162.32 million for the quarter, compared to analyst estimates of $159.13 million. Research analysts predict that WW International will post -0.06 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Bank of New York Mellon Corp bought a new position in shares of WW International during the 2nd quarter worth approximately $279,000. Cygnus Capital Advisors LLC boosted its stake in shares of WW International by 96.1% in the 2nd quarter. Cygnus Capital Advisors LLC now owns 388,655 shares of the company’s stock worth $6,211,000 after buying an additional 190,440 shares during the last quarter. Finally, Cooper Creek Partners Management LLC grew its holdings in shares of WW International by 50.1% in the first quarter. Cooper Creek Partners Management LLC now owns 975,419 shares of the company’s stock valued at $13,402,000 after acquiring an additional 325,434 shares in the last quarter. 86.18% of the stock is currently owned by institutional investors and hedge funds.

About WW International

WW International, Inc, formerly known as Weight Watchers International, is a global wellness company that provides weight-management and healthy-living programs through digital and other subscription-based services. Its offerings are designed to help members develop sustainable nutrition, activity and lifestyle habits.

The company’s programs have traditionally included personalized food and activity guidance, goal setting, progress tracking, educational content, community support and coaching.