WW International (NASDAQ:WW) PT Lowered to $6.00

WW International (NASDAQ:WW) had its target price lowered by DA Davidson from $12.50 to $6.00 in a research report sent to investors on Friday morning, Benzinga reports. DA Davidson currently has a buy rating on the stock.

WW has been the topic of several other research reports. StockNews.com lowered shares of WW International from a hold rating to a sell rating in a research report on Wednesday, May 1st. UBS Group lowered their price objective 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, April 25th. The Goldman Sachs Group restated a buy rating on shares of WW International in a report on Thursday, February 1st. Barclays reduced their price objective 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. Finally, Guggenheim reissued a buy rating and set a $12.00 target price on shares of WW International in a research report on Monday, March 18th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, WW International currently has an average rating of Hold and a consensus target price of $8.09.

WW International Trading Up 10.6 %

NASDAQ:WW opened at $2.09 on Friday. WW International has a 12 month low of $1.51 and a 12 month high of $13.31. The firm has a market cap of $165.55 million, a P/E ratio of -0.48 and a beta of 1.75. The stock has a 50 day moving average of $2.17 and a two-hundred day moving average of $5.06.

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

Institutional Investors Weigh In On WW International

Institutional investors and hedge funds have recently made changes to their positions in the business. Connectus Wealth LLC acquired a new stake in shares of WW International during the fourth quarter worth $127,000. Raymond James Trust N.A. acquired a new stake in shares of WW International in the 4th quarter worth approximately $175,000. BNP Paribas Financial Markets increased its position in shares of WW International by 229.7% in the first quarter. BNP Paribas Financial Markets now owns 113,427 shares of the company’s stock valued at $210,000 after buying an additional 79,026 shares in the last quarter. Advisors Preferred LLC purchased a new position in WW International during the 3rd quarter valued at about $268,000. Finally, SG Americas Securities LLC raised its position in shares of WW International by 9.4% during the 4th quarter. SG Americas Securities LLC now owns 31,165 shares of the company’s stock worth $273,000 after purchasing an additional 2,681 shares during the last quarter. 86.18% of the stock is 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.