WW International (NASDAQ:WW) PT Lowered to $2.10 at UBS Group

WW International (NASDAQ:WW) had its price objective reduced by equities researchers at UBS Group from $3.00 to $2.10 in a note issued to investors on Thursday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s price objective would suggest a potential upside of 31.25% from the stock’s current price.

Other research analysts also recently issued reports about the company. Barclays dropped their price target 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. Guggenheim restated a “buy” rating and set a $12.00 price target on shares of WW International in a report on Monday, March 18th. DA Davidson reiterated a “buy” rating and issued a $12.50 target price on shares of WW International in a research note on Thursday, March 14th. StockNews.com raised WW International from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of WW International in a research report on Thursday, February 1st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $9.01.

WW International Trading Down 3.6 %

Shares of NASDAQ:WW traded down $0.06 during trading on Thursday, reaching $1.60. 2,322,162 shares of the company traded hands, compared to its average volume of 5,946,003. The firm has a market capitalization of $126.74 million, a price-to-earnings ratio of -0.98 and a beta of 1.77. The business’s fifty day moving average is $2.44 and its 200-day moving average is $5.55. 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 earnings results on Wednesday, February 28th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.07). The firm had revenue of $205.96 million for the quarter, compared to analysts’ expectations of $205.95 million. On average, sell-side analysts predict that WW International will post -0.06 earnings per share for the current fiscal year.

Institutional Investors Weigh In On WW International

Hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC increased its position in shares of WW International by 9.4% during the fourth quarter. SG Americas Securities LLC now owns 31,165 shares of the company’s stock worth $273,000 after acquiring an additional 2,681 shares during the last quarter. Connectus Wealth LLC bought a new position in shares of WW International during the fourth quarter valued at approximately $127,000. Raymond James Trust N.A. bought a new position in WW International in the 4th quarter worth approximately $175,000. Advisors Preferred LLC bought a new position in WW International in the 3rd quarter worth approximately $268,000. Finally, Barometer Capital Management Inc. grew its holdings in 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 buying an additional 31,600 shares in the last quarter. 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.