WW International (NASDAQ:WW) Stock Rating Lowered by StockNews.com

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

A number of other equities analysts also recently commented on WW. Guggenheim reaffirmed a buy rating and set a $12.00 price objective on shares of WW International in a report on Monday, March 18th. Barclays reduced their price objective on shares of WW International from $8.00 to $1.50 and set an underweight rating for the company in a report on Friday, March 1st. The Goldman Sachs Group reiterated a buy rating on shares of WW International in a research report on Thursday, February 1st. UBS Group dropped their target price on shares of WW International from $9.00 to $3.00 and set a neutral rating for the company in a research report on Thursday, February 29th. Finally, DA Davidson reiterated a buy rating and set a $12.50 target price on shares of WW International in a research report on Thursday, March 14th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company has an average rating of Hold and a consensus price target of $9.14.

WW International Stock Up 2.2 %

NASDAQ:WW opened at $1.82 on Thursday. The company has a 50-day moving average of $2.68 and a 200-day moving average of $5.82. WW International has a 52 week low of $1.56 and a 52 week high of $13.31.

WW International (NASDAQ:WW) last released its quarterly earnings data on Wednesday, February 28th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.07). The firm had revenue of $205.96 million for the quarter, compared to the consensus estimate of $205.95 million. Equities research analysts predict that WW International will post -0.06 earnings per share for the current fiscal year.

Institutional Investors Weigh In On WW International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Counterpoint Mutual Funds LLC acquired a new stake in WW International in the 3rd quarter valued at about $128,000. Connectus Wealth LLC acquired a new stake in WW International in the 4th quarter valued at about $127,000. Raymond James Trust N.A. increased its position in WW International by 15.2% in the 1st quarter. Raymond James Trust N.A. now owns 15,118 shares of the company’s stock valued at $155,000 after acquiring an additional 2,000 shares in the last quarter. Captrust Financial Advisors grew its holdings in WW International by 49.9% during the second quarter. Captrust Financial Advisors now owns 17,665 shares of the company’s stock valued at $119,000 after purchasing an additional 5,878 shares during the period. Finally, Legato Capital Management LLC acquired a new position in WW International during the second quarter valued at approximately $123,000. Institutional investors and hedge funds own 86.18% of the company’s stock.

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.