WW International (NASDAQ:WW) Rating Reiterated by Barclays

WW International (NASDAQ:WW)‘s stock had its “underweight” rating restated by analysts at Barclays in a report issued on Thursday, Benzinga reports. They presently have a $0.75 target price on the stock. Barclays‘s price target would indicate a potential downside of 54.82% from the stock’s previous close.

A number of other brokerages have also weighed in on WW. Guggenheim reduced their price objective on WW International from $12.00 to $6.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. Morgan Stanley downgraded WW International from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $6.50 to $1.25 in a research note on Friday, July 26th. Finally, UBS Group cut their target price on shares of WW International from $2.10 to $1.00 and set a “neutral” rating on the stock in a research report on Friday, August 2nd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $4.50.

WW International Trading Down 15.3 %

WW stock opened at $1.66 on Thursday. The firm has a 50-day moving average price of $0.90 and a 200-day moving average price of $1.31. WW International has a 12 month low of $0.67 and a 12 month high of $12.58. The stock has a market capitalization of $131.60 million, a P/E ratio of -0.39 and a beta of 1.72.

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

Insider Activity at WW International

In other news, CEO Sima Sistani acquired 65,000 shares of the firm’s stock in a transaction dated Wednesday, August 7th. The stock was bought at an average cost of $0.75 per share, for a total transaction of $48,750.00. Following the completion of the transaction, the chief executive officer now directly owns 267,410 shares in the company, valued at $200,557.50. This represents a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 8.12% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On WW International

Several institutional investors and hedge funds have recently made changes to their positions in the business. BNP Paribas Financial Markets increased its holdings in WW International by 229.7% in the first quarter. BNP Paribas Financial Markets now owns 113,427 shares of the company’s stock worth $210,000 after purchasing an additional 79,026 shares in the last quarter. SG Americas Securities LLC increased its stake in shares of WW International by 52.1% in the 1st quarter. SG Americas Securities LLC now owns 47,409 shares of the company’s stock valued at $88,000 after acquiring an additional 16,244 shares in the last quarter. Empirical Capital Management LLC acquired a new position in shares of WW International during the 1st quarter valued at $185,000. Finally, Marshall Wace LLP boosted its stake in WW International by 159.9% during the second quarter. Marshall Wace LLP now owns 260,400 shares of the company’s stock worth $305,000 after acquiring an additional 160,200 shares in the last quarter. 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.