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

WW International (NASDAQ:WW) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Thursday.

Several other equities analysts have also commented on the company. UBS Group reduced 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. DA Davidson lowered their price objective on WW International from $12.50 to $6.00 and set a “buy” rating for the company in a research report on Friday, May 3rd. Guggenheim reiterated a “buy” rating and issued a $12.00 price objective on shares of WW International in a research report on Monday, March 18th. 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 report on Friday, March 1st. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of WW International in a report on Thursday, February 1st. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $8.09.

WW International Stock Up 11.1 %

Shares of WW International stock traded up $0.21 during trading on Thursday, hitting $2.10. 2,492,461 shares of the stock traded hands, compared to its average volume of 5,748,827. The stock has a market cap of $166.49 million, a price-to-earnings ratio of -0.49 and a beta of 1.75. The firm’s fifty day moving average is $2.05 and its 200-day moving average is $4.86. WW International has a 52 week low of $1.51 and a 52 week high of $13.31.

WW International (NASDAQ:WW) last announced its quarterly earnings data on Wednesday, February 28th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.07). The firm had revenue of $205.96 million during the quarter, compared to analysts’ expectations of $205.95 million. On average, analysts forecast that WW International will post -0.03 earnings per share for the current fiscal year.

Institutional Investors Weigh In On WW International

A number of large investors have recently added to or reduced their stakes in WW. SG Americas Securities LLC lifted its position in shares of WW International by 9.4% in the 4th quarter. SG Americas Securities LLC now owns 31,165 shares of the company’s stock worth $273,000 after purchasing an additional 2,681 shares during the period. Connectus Wealth LLC purchased a new stake in shares of WW International in the 4th quarter worth about $127,000. Raymond James Trust N.A. purchased a new stake in shares of WW International in the 4th quarter worth about $175,000. Advisors Preferred LLC purchased a new stake in shares of WW International in the 3rd quarter worth about $268,000. Finally, Barometer Capital Management Inc. lifted its position in shares of WW International by 16.7% in the 4th quarter. Barometer Capital Management Inc. now owns 220,300 shares of the company’s stock worth $1,928,000 after purchasing an additional 31,600 shares during the period. 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.