WW International (NASDAQ:WW) Lowered to Sell at StockNews.com

StockNews.com downgraded shares of WW International (NASDAQ:WW) from a hold rating to a sell rating in a research note published on Thursday morning.

Several other brokerages have also recently issued reports on WW. Guggenheim reissued a buy rating and set a $12.00 price objective on shares of WW International in a research note on Monday, March 18th. Barclays reduced their target price on shares of WW International from $8.00 to $1.50 and set an underweight rating on the stock in a report on Friday, March 1st. The Goldman Sachs Group restated a buy rating on shares of WW International in a report on Thursday, February 1st. DA Davidson restated a buy rating and set a $12.50 target price on shares of WW International in a report on Thursday, March 14th. Finally, UBS Group reduced their target price on shares of WW International from $9.00 to $3.00 and set a neutral rating on the stock in a report on Thursday, February 29th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of Hold and an average target price of $9.14.

WW International Stock Up 2.2 %

WW stock opened at $1.82 on Thursday. WW International has a one year low of $1.56 and a one year high of $13.31. The company has a 50 day moving average price of $2.68 and a two-hundred day moving average price of $5.82.

WW International (NASDAQ:WW) last released its earnings results on Wednesday, February 28th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.07). The business had revenue of $205.96 million for the quarter, compared to analysts’ expectations of $205.95 million. On average, sell-side analysts anticipate that WW International will post -0.06 earnings per share for the current fiscal year.

Institutional Investors Weigh In On WW International

Several hedge funds and other institutional investors have recently modified their holdings of WW. Teachers Retirement System of The State of Kentucky bought a new stake in shares of WW International during the 3rd quarter valued at about $84,000. Captrust Financial Advisors grew its position in shares of WW International by 49.9% during the 2nd quarter. Captrust Financial Advisors now owns 17,665 shares of the company’s stock valued at $119,000 after buying an additional 5,878 shares during the last quarter. Legato Capital Management LLC bought a new stake in shares of WW International during the 2nd quarter valued at about $123,000. Connectus Wealth LLC bought a new stake in shares of WW International during the 4th quarter valued at about $127,000. Finally, Counterpoint Mutual Funds LLC bought a new stake in shares of WW International during the 3rd quarter valued at about $128,000. Institutional investors own 86.18% of the company’s stock.

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.