StockNews.com Upgrades WW International (NASDAQ:WW) to Hold

WW International (NASDAQ:WW) was upgraded by StockNews.com from a “sell” rating to a “hold” rating in a report issued on Thursday.

Other research analysts also recently issued research reports about the stock. UBS Group cut their price objective 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. Morgan Stanley lowered WW International from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $6.50 to $1.25 in a research note on Friday, July 26th. Guggenheim decreased 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 report on Friday, August 2nd. Finally, Barclays reaffirmed an “underweight” rating and issued a $0.75 price target on shares of WW International in a report on Thursday, October 10th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $4.50.

WW International Stock Down 6.2 %

WW International stock opened at $0.88 on Thursday. The firm has a market cap of $70.67 million, a P/E ratio of -0.15 and a beta of 1.69. WW International has a twelve month low of $0.67 and a twelve month high of $9.77. The business has a fifty day moving average of $1.03 and a two-hundred day moving average of $1.21.

Institutional Trading of WW International

Several large investors have recently made changes to their positions in the company. SG Americas Securities LLC raised its stake in WW International by 52.1% during the first quarter. SG Americas Securities LLC now owns 47,409 shares of the company’s stock worth $88,000 after purchasing an additional 16,244 shares during the period. BNP Paribas Financial Markets boosted 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 valued at $210,000 after purchasing an additional 79,026 shares during the period. Prism Advisors Inc. grew its position in shares of WW International by 110.0% during 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 in the last quarter. Marshall Wace LLP grew its holdings in WW International by 159.9% during the 2nd 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. Finally, Empirical Capital Management LLC purchased a new position in WW International in the first quarter valued at $185,000. 86.18% of the stock is currently owned by hedge funds and other institutional investors.

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.