Analysts Set WW International, Inc. (NASDAQ:WW) PT at $8.09

WW International, Inc. (NASDAQ:WW) has earned a consensus recommendation of “Hold” from the seven research firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $8.09.

A number of research firms recently weighed in on WW. Guggenheim restated a “buy” rating and issued a $12.00 price target on shares of WW International in a research note on Monday, March 18th. UBS Group lowered their price objective on WW International from $3.00 to $2.10 and set a “neutral” rating on the stock in a research report on Thursday, April 25th. StockNews.com cut WW International from a “hold” rating to a “sell” rating in a research report on Thursday, May 9th. Barclays lowered their price objective on 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, DA Davidson lowered their price objective on WW International from $12.50 to $6.00 and set a “buy” rating on the stock in a research report on Friday, May 3rd.

WW International Trading Down 3.8 %

NASDAQ WW opened at $1.52 on Friday. The company has a market cap of $120.51 million, a PE ratio of -0.35, a PEG ratio of 0.85 and a beta of 1.75. WW International has a 12 month low of $1.50 and a 12 month high of $13.31. The stock has a 50 day moving average of $1.84 and a 200-day moving average of $4.37.

WW International (NASDAQ:WW) last released its quarterly earnings data on Thursday, May 2nd. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.43) by $0.37. The company had revenue of $206.55 million during the quarter, compared to analyst estimates of $203.34 million. As a group, sell-side analysts predict that WW International will post 0.13 EPS for the current fiscal year.

Institutional Investors Weigh In On WW International

A number of hedge funds have recently added to or reduced their stakes in WW. Black Swift Group LLC bought a new stake in shares of WW International during the third quarter valued at approximately $1,273,000. Advisors Preferred LLC bought a new stake in shares of WW International during the third quarter valued at approximately $268,000. Barometer Capital Management Inc. increased its holdings in shares of WW International by 64.7% during the third quarter. Barometer Capital Management Inc. now owns 188,700 shares of the company’s stock valued at $2,089,000 after acquiring an additional 74,100 shares in the last quarter. Raymond James Trust N.A. bought a new stake in shares of WW International during the fourth quarter valued at approximately $175,000. Finally, SG Americas Securities LLC increased its holdings in shares of WW International by 9.4% during the fourth quarter. SG Americas Securities LLC now owns 31,165 shares of the company’s stock valued at $273,000 after acquiring an additional 2,681 shares in the last quarter. 86.18% of the stock is currently owned by 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.