UBS Group Lowers WW International (NASDAQ:WW) Price Target to $2.10

WW International (NASDAQ:WW) had its price target dropped by equities researchers at UBS Group from $3.00 to $2.10 in a note issued to investors on Thursday, Benzinga reports. The firm currently has a “neutral” rating on the stock. UBS Group’s price target points to a potential upside of 20.00% from the company’s previous close.

Several other brokerages also recently commented on WW. Guggenheim reissued a “buy” rating and set a $12.00 target price on shares of WW International in a research note on Monday, March 18th. StockNews.com raised WW International from a “sell” rating to a “hold” rating in a research note on Wednesday. Barclays lowered their price objective on WW International from $8.00 to $1.50 and set an “underweight” rating for the company in a research note on Friday, March 1st. The Goldman Sachs Group reaffirmed a “buy” rating on shares of WW International in a research note on Thursday, February 1st. Finally, DA Davidson reaffirmed a “buy” rating and issued a $12.50 price objective on shares of WW International in a research note on Thursday, March 14th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $9.01.

WW International Stock Up 10.1 %

WW opened at $1.75 on Thursday. The stock has a market capitalization of $138.62 million, a price-to-earnings ratio of -1.09 and a beta of 1.77. WW International has a twelve month low of $1.51 and a twelve month high of $13.31. The company has a 50-day simple moving average of $2.33 and a 200 day simple moving average of $5.45.

WW International (NASDAQ:WW) last issued 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 during the quarter, compared to analysts’ expectations of $205.95 million. Sell-side analysts anticipate that WW International will post -0.06 EPS for the current fiscal year.

Institutional Trading of WW International

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Raymond James Trust N.A. acquired a new stake in WW International during the 4th quarter valued at approximately $175,000. SG Americas Securities LLC acquired a new stake in WW International during the 3rd quarter valued at approximately $315,000. Advisors Preferred LLC acquired a new stake in WW International during the 3rd quarter valued at approximately $268,000. Barometer Capital Management Inc. increased its position in WW International by 64.7% during the 3rd quarter. Barometer Capital Management Inc. now owns 188,700 shares of the company’s stock valued at $2,089,000 after purchasing an additional 74,100 shares during the period. Finally, Black Swift Group LLC acquired a new stake in WW International during the 3rd quarter valued at approximately $1,273,000. Institutional investors and hedge funds 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.