WW International (NASDAQ:WW) Upgraded by StockNews.com to “Hold”

WW International (NASDAQ:WW) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued on Wednesday.

WW has been the topic of several other research reports. Guggenheim reaffirmed a “buy” rating and set a $12.00 target price on shares of WW International in a research note on Monday, March 18th. DA Davidson reaffirmed a “buy” rating and set a $12.50 target price on shares of WW International in a research note on Thursday, March 14th. The Goldman Sachs Group reissued a “buy” rating on shares of WW International in a research report on Thursday, February 1st. Barclays lowered their price target on shares of WW International from $8.00 to $1.50 and set an “underweight” rating on the stock in a research report on Friday, March 1st. Finally, UBS Group lowered their price target on shares of WW International from $9.00 to $3.00 and set a “neutral” rating on the stock in a research report on Thursday, February 29th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy 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 $9.14.

WW International Price Performance

NASDAQ:WW opened at $1.72 on Wednesday. The firm has a market cap of $136.23 million, a price-to-earnings ratio of -1.08 and a beta of 1.77. The company has a 50 day moving average price of $2.50 and a 200-day moving average price of $5.57. WW International has a 1-year low of $1.56 and a 1-year high of $13.31.

WW International (NASDAQ:WW) last released its quarterly earnings results on Wednesday, February 28th. The company reported ($0.06) earnings per share (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. On average, sell-side analysts anticipate that WW International will post -0.06 earnings per share for the current fiscal year.

Institutional Trading of WW International

A number of large investors have recently made changes to their positions in the company. SG Americas Securities LLC acquired a new position in WW International in the third quarter valued at approximately $315,000. Counterpoint Mutual Funds LLC acquired a new position in WW International in the third quarter valued at approximately $128,000. Black Swift Group LLC acquired a new position in WW International in the third quarter valued at approximately $1,273,000. Advisors Preferred LLC acquired a new position in WW International in the third quarter valued at approximately $268,000. Finally, Barometer Capital Management Inc. boosted its holdings in WW International by 64.7% in the third quarter. Barometer Capital Management Inc. now owns 188,700 shares of the company’s stock valued at $2,089,000 after purchasing an additional 74,100 shares in the last quarter. 86.18% of the stock is currently owned by hedge funds and other institutional investors.

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.