WW International (NASDAQ:WW) Now Covered by StockNews.com

Stock analysts at StockNews.com initiated coverage on shares of WW International (NASDAQ:WW) in a research note issued on Tuesday. The firm set a “hold” rating on the stock.

WW International Price Performance

WW International stock opened at $0.49 on Tuesday. The stock has a market cap of $39.56 million, a price-to-earnings ratio of -0.09 and a beta of 1.69. The firm has a 50 day simple moving average of $0.69 and a 200-day simple moving average of $1.02. WW International has a 1-year low of $0.38 and a 1-year high of $2.35.

WW International (NASDAQ:WW) last issued its quarterly earnings data on Thursday, February 27th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.31. The business had revenue of $184.41 million during the quarter, compared to analysts’ expectations of $173.23 million. During the same quarter in the previous year, the company posted ($1.11) earnings per share. Equities analysts expect that WW International will post -0.06 earnings per share for the current fiscal year.

Institutional Investors Weigh In On WW International

An institutional investor recently raised its position in WW International stock. Geode Capital Management LLC raised its position in shares of WW International, Inc. (NASDAQ:WW) by 14.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,014,475 shares of the company’s stock after buying an additional 130,180 shares during the period. Geode Capital Management LLC owned about 1.27% of WW International worth $891,000 as of its most recent filing with the Securities & Exchange Commission. 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.