WW International (NASDAQ:WW) Upgraded to Hold at StockNews.com

StockNews.com upgraded shares of WW International (NASDAQ:WW) from a sell rating to a hold rating in a research report released on Thursday morning.

A number of other equities research analysts have also issued reports on the company. Barclays reaffirmed an “underweight” rating and set a $0.75 target price on shares of WW International in a research report on Thursday, October 10th. Guggenheim reduced their price objective on shares of WW International from $12.00 to $6.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. UBS Group decreased their target price on shares of WW International from $2.10 to $1.00 and set a “neutral” rating for the company in a report on Friday, August 2nd. Finally, Morgan Stanley lowered shares of WW International from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $6.50 to $1.25 in a report on Friday, July 26th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $4.50.

WW International Price Performance

WW stock opened at $0.88 on Thursday. The firm has a market cap of $70.67 million, a PE ratio of -0.15 and a beta of 1.69. WW International has a 12 month low of $0.67 and a 12 month high of $9.77. The firm has a 50 day simple moving average of $1.03 and a 200 day simple moving average of $1.20.

Institutional Investors Weigh In On WW International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets grew its stake in 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 purchasing an additional 79,026 shares in the last quarter. SG Americas Securities LLC lifted its holdings in shares of WW International by 52.1% during the 1st 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 last quarter. Empirical Capital Management LLC acquired a new stake in shares of WW International during the 1st quarter valued at about $185,000. Marshall Wace LLP grew its stake in shares of WW International by 159.9% in the 2nd 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 in the last quarter. Finally, Prism Advisors Inc. increased its holdings in WW International by 110.0% in the third quarter. Prism Advisors Inc. now owns 42,000 shares of the company’s stock worth $37,000 after buying an additional 22,000 shares during the last quarter. Hedge funds and other institutional investors own 86.18% of the company’s stock.

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.