WW International, Inc. (NASDAQ:WW) Given Consensus Recommendation of “Hold” by Analysts

Shares of WW International, Inc. (NASDAQ:WW) have been assigned a consensus recommendation of “Hold” from the six research firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $4.50.

A number of research analysts recently commented on the company. Morgan Stanley downgraded WW International from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $6.50 to $1.25 in a research note on Friday, July 26th. Guggenheim lowered their price objective on WW International from $12.00 to $6.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Barclays restated an “underweight” rating and set a $0.75 price objective on shares of WW International in a research note on Thursday, October 10th. Finally, UBS Group lowered their price objective on WW International from $2.10 to $1.00 and set a “neutral” rating for the company in a research note on Friday, August 2nd.

Insiders Place Their Bets

In other WW International news, CEO Sima Sistani purchased 65,000 shares of WW International stock in a transaction on Wednesday, August 7th. The stock was bought at an average price of $0.75 per share, for a total transaction of $48,750.00. Following the transaction, the chief executive officer now owns 267,410 shares of the company’s stock, valued at $200,557.50. The trade was a 0.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 8.12% of the stock is currently owned by insiders.

Institutional Trading of WW International

Institutional investors have recently modified their holdings of the company. SG Americas Securities LLC lifted its holdings 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 valued at $88,000 after buying an additional 16,244 shares during the period. Empirical Capital Management LLC acquired a new stake in shares of WW International in the first quarter valued at $185,000. BNP Paribas Financial Markets lifted its holdings 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 during the period. Finally, Marshall Wace LLP lifted its holdings in shares of 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 buying an additional 160,200 shares during the period. Institutional investors and hedge funds own 86.18% of the company’s stock.

WW International Trading Down 5.4 %

Shares of NASDAQ WW opened at $1.57 on Tuesday. WW International has a twelve month low of $0.67 and a twelve month high of $11.84. The company has a market capitalization of $125.18 million, a price-to-earnings ratio of -0.34 and a beta of 1.72. The business has a 50 day simple moving average of $0.91 and a 200-day simple moving average of $1.31.

WW International (NASDAQ:WW) last issued its quarterly earnings results on Thursday, August 1st. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.16). The firm had revenue of $202.07 million during the quarter, compared to analyst estimates of $210.89 million. During the same period last year, the business earned ($0.04) EPS. As a group, equities analysts predict that WW International will post -0.13 earnings per share for the current 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.