WW International (NASDAQ:WW) Lowered to “Sell” at StockNews.com

StockNews.com downgraded shares of WW International (NASDAQ:WW) from a hold rating to a sell rating in a report published on Wednesday morning.

A number of other research firms also recently commented on WW. UBS Group decreased their price objective on shares of WW International from $3.00 to $2.10 and set a neutral rating on the stock in a report on Thursday, April 25th. Guggenheim reaffirmed a buy rating and issued a $12.00 price target on shares of WW International in a report on Monday, March 18th. Barclays reduced their price target 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. The Goldman Sachs Group reaffirmed a buy rating on shares of WW International in a report on Thursday, February 1st. Finally, 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. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, WW International has a consensus rating of Hold and an average price target of $9.01.

WW International Stock Up 1.1 %

WW International stock opened at $1.83 on Wednesday. The company has a fifty day simple moving average of $2.25 and a 200-day simple moving average of $5.21. WW International has a 12-month low of $1.51 and a 12-month high of $13.31.

WW International (NASDAQ:WW) last announced its quarterly earnings results on Wednesday, February 28th. The company reported ($0.06) 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 analysts’ expectations of $205.95 million. On average, equities research analysts expect that WW International will post -0.06 earnings per share for the current fiscal year.

Institutional Investors Weigh In On WW International

Several large investors have recently made changes to their positions in WW. Brevan Howard Capital Management LP boosted its stake in shares of WW International by 627.0% in the fourth quarter. Brevan Howard Capital Management LP now owns 292,500 shares of the company’s stock valued at $2,559,000 after purchasing an additional 252,267 shares during the period. Barometer Capital Management Inc. boosted its stake 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 purchasing an additional 31,600 shares during the period. Black Swift Group LLC purchased a new position in shares of WW International in the third quarter valued at $1,273,000. Russell Investments Group Ltd. purchased a new position in shares of WW International in the fourth quarter valued at $993,000. Finally, BNP Paribas Financial Markets boosted its stake in WW International by 229.7% during the 1st quarter. BNP Paribas Financial Markets now owns 113,427 shares of the company’s stock valued at $210,000 after acquiring an additional 79,026 shares during the last quarter. 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.