WW International, Inc. (NASDAQ:WW) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of WW International, Inc. (NASDAQ:WW) have been given a consensus recommendation of “Hold” by the six brokerages that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $4.50.

Several equities analysts have commented on the stock. Guggenheim lowered their target price on shares of WW International from $12.00 to $6.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. UBS Group lowered their price objective on shares of WW International from $2.10 to $1.00 and set a “neutral” rating on the stock in a research note on Friday, August 2nd. Barclays cut their target price on WW International from $1.50 to $0.75 and set an “underweight” rating for the company in a research report on Friday, August 2nd. Finally, Morgan Stanley cut WW International from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $6.50 to $1.25 in a research report on Friday, July 26th.

Insider Transactions at WW International

In related news, CEO Sima Sistani bought 65,000 shares of the business’s stock in a transaction dated Wednesday, August 7th. The shares were bought at an average cost of $0.75 per share, with a total value of $48,750.00. Following the completion of the transaction, the chief executive officer now directly owns 267,410 shares of the company’s stock, valued at $200,557.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 8.12% of the company’s stock.

Institutional Investors Weigh In On WW International

A number of large investors have recently made changes to their positions in the company. Marshall Wace LLP grew its position in WW International by 159.9% during 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 in the last quarter. Empirical Capital Management LLC purchased a new position in shares of WW International during the 1st quarter valued at $185,000. SG Americas Securities LLC increased its stake in shares of WW International by 52.1% in the first quarter. SG Americas Securities LLC now owns 47,409 shares of the company’s stock worth $88,000 after acquiring an additional 16,244 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in shares of WW International by 229.7% during the first quarter. BNP Paribas Financial Markets now owns 113,427 shares of the company’s stock worth $210,000 after acquiring an additional 79,026 shares in the last quarter. Finally, Brevan Howard Capital Management LP boosted its position in WW International by 627.0% during 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. Institutional investors and hedge funds own 86.18% of the company’s stock.

WW International Trading Up 4.0 %

NASDAQ WW opened at $0.85 on Friday. The company has a 50-day moving average price of $0.91 and a two-hundred day moving average price of $1.40. WW International has a 52 week low of $0.67 and a 52 week high of $13.31. The stock has a market cap of $67.91 million, a price-to-earnings ratio of -0.20 and a beta of 1.73.

WW International (NASDAQ:WW) last posted its earnings results on Thursday, August 1st. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.16). The company had revenue of $202.07 million during the quarter, compared to analysts’ expectations of $210.89 million. During the same quarter in the prior year, the company posted ($0.04) EPS. As a group, equities research analysts expect that WW International will post -0.13 earnings per share for the current fiscal year.

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.