Brokerages Set WW International, Inc. (NASDAQ:WW) PT at $9.14

Shares of WW International, Inc. (NASDAQ:WW) have been assigned a consensus rating of “Hold” from the seven research firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $9.01.

A number of analysts have recently commented on WW shares. The Goldman Sachs Group reiterated a “buy” rating on shares of WW International in a research report on Thursday, February 1st. StockNews.com upgraded shares of WW International from a “sell” rating to a “hold” rating in a research report on Wednesday. Barclays cut their target price on shares of 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 decreased their price target on shares of WW International from $3.00 to $2.10 and set a “neutral” rating for the company in a research note on Thursday. Finally, Guggenheim restated a “buy” rating and issued a $12.00 price objective on shares of WW International in a research note on Monday, March 18th.

WW International Stock Performance

WW stock opened at $1.59 on Tuesday. The company’s 50 day moving average price is $2.38 and its 200 day moving average price is $5.52. The firm has a market capitalization of $125.94 million, a price-to-earnings ratio of -0.99 and a beta of 1.77. WW International has a fifty-two week low of $1.51 and a fifty-two week high of $13.31.

WW International (NASDAQ:WW) last issued its earnings results on Wednesday, February 28th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.07). The company had revenue of $205.96 million for the quarter, compared to analysts’ expectations of $205.95 million. Equities analysts forecast that WW International will post -0.06 EPS for the current fiscal year.

Institutional Trading of WW International

Several large investors have recently bought and sold shares of the company. Counterpoint Mutual Funds LLC purchased a new position in shares of WW International during the 3rd quarter worth approximately $128,000. Connectus Wealth LLC acquired a new position in shares of WW International in the fourth quarter worth $127,000. Raymond James Trust N.A. purchased a new stake in shares of WW International in the fourth quarter valued at $175,000. Advisors Preferred LLC acquired a new stake in shares of WW International during the third quarter valued at $268,000. Finally, SG Americas Securities LLC acquired a new stake in shares of WW International during the third quarter valued at $315,000. Institutional investors and hedge funds 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.