WW International, Inc. (NASDAQ:WW) Given Average Rating of “Hold” by Brokerages

WW International, Inc. (NASDAQ:WW) has earned a consensus rating of “Hold” from the six analysts that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $3.00.

WW has been the topic of several analyst reports. Barclays reaffirmed an “underweight” rating and set a $0.75 price target on shares of WW International in a research report on Thursday, October 10th. StockNews.com raised WW International from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th.

WW International Trading Down 3.6 %

Shares of WW opened at $1.08 on Thursday. The firm has a 50-day moving average price of $1.28 and a 200 day moving average price of $1.11. WW International has a 12-month low of $0.67 and a 12-month high of $5.22. The firm has a market capitalization of $86.25 million, a P/E ratio of -0.19 and a beta of 1.73.

Hedge Funds Weigh In On WW International

Hedge funds and other institutional investors have recently bought and sold shares of the company. Marshall Wace LLP boosted its holdings in WW International by 159.9% in the second quarter. Marshall Wace LLP now owns 260,400 shares of the company’s stock valued at $305,000 after purchasing an additional 160,200 shares during the period. Geode Capital Management LLC grew its position in shares of WW International by 14.7% during the third quarter. Geode Capital Management LLC now owns 1,014,475 shares of the company’s stock worth $891,000 after buying an additional 130,180 shares in the last quarter. Finally, Prism Advisors Inc. increased its stake in shares of WW International by 110.0% during the third quarter. Prism Advisors Inc. now owns 42,000 shares of the company’s stock worth $37,000 after buying an additional 22,000 shares during the period. 86.18% of the stock is currently owned by hedge funds and other institutional investors.

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.