StockNews.com Lowers WW International (NASDAQ:WW) to Sell

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

Several other research analysts have also commented on the stock. Guggenheim reaffirmed a buy rating and set a $12.00 price objective on shares of WW International in a research note on Monday, March 18th. The Goldman Sachs Group reissued a buy rating on shares of WW International in a research report on Thursday, February 1st. UBS Group dropped their target price on WW International from $3.00 to $2.10 and set a neutral rating for the company in a research report on Thursday, April 25th. Barclays reduced their price target on WW International from $8.00 to $1.50 and set an underweight rating on the stock in a report on Friday, March 1st. Finally, DA Davidson restated a buy rating and set a $12.50 price objective on shares of WW International in a report on Thursday, March 14th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat, WW International has a consensus rating of Hold and an average target price of $8.09.

WW International Stock Up 10.6 %

WW International stock opened at $2.09 on Wednesday. The company’s 50-day moving average price is $2.19 and its 200-day moving average price is $5.17. The company has a market cap of $165.55 million, a PE ratio of -1.31 and a beta of 1.75. WW International has a twelve month low of $1.51 and a twelve month high of $13.31.

WW International (NASDAQ:WW) last issued its quarterly earnings data on Wednesday, February 28th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.07). The business had revenue of $205.96 million during the quarter, compared to the consensus estimate of $205.95 million. As a group, sell-side analysts expect that WW International will post -0.06 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in WW. BNP Paribas Financial Markets increased its holdings in shares of WW International by 229.7% in 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 period. Brevan Howard Capital Management LP grew its stake in 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 last quarter. Barometer Capital Management Inc. raised its holdings in WW International by 16.7% in the fourth quarter. Barometer Capital Management Inc. now owns 220,300 shares of the company’s stock worth $1,928,000 after purchasing an additional 31,600 shares in the last quarter. Connectus Wealth LLC purchased a new stake in shares of WW International during the fourth quarter valued at about $127,000. Finally, Russell Investments Group Ltd. bought a new stake in shares of WW International in the 4th quarter valued at about $993,000. Hedge funds and other institutional investors 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.