WW International (NASDAQ:WW) Given New $6.00 Price Target at DA Davidson

WW International (NASDAQ:WW) had its price objective cut by DA Davidson from $12.50 to $6.00 in a report published on Friday morning, Benzinga reports. They currently have a buy rating on the stock.

WW has been the topic of several other reports. The Goldman Sachs Group reiterated a buy rating on shares of WW International in a research note on Thursday, February 1st. Barclays reduced their price objective on shares of WW International from $8.00 to $1.50 and set an underweight rating on the stock in a report on Friday, March 1st. StockNews.com lowered WW International from a hold rating to a sell rating in a report on Wednesday, May 1st. Guggenheim reaffirmed a buy rating and set a $12.00 price objective on shares of WW International in a research report on Monday, March 18th. Finally, UBS Group decreased their target price on WW International from $3.00 to $2.10 and set a neutral rating for the company in a research note on Thursday, April 25th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, WW International currently has an average rating of Hold and a consensus price target of $8.09.

WW International Stock Down 1.9 %

Shares of NASDAQ WW opened at $2.05 on Friday. WW International has a 52-week low of $1.51 and a 52-week high of $13.31. The business’s 50 day moving average is $2.17 and its two-hundred day moving average is $5.01. The firm has a market cap of $162.52 million, a price-to-earnings ratio of -0.48 and a beta of 1.75.

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 company had revenue of $205.96 million during the quarter, compared to the consensus estimate of $205.95 million. Analysts anticipate that WW International will post -0.06 EPS for the current fiscal year.

Institutional Trading of WW International

Several institutional investors and hedge funds have recently added to or reduced their stakes in WW. Connectus Wealth LLC purchased a new position in shares of WW International during the 4th quarter worth approximately $127,000. Raymond James Trust N.A. acquired a new stake in shares of WW International during the fourth quarter worth $175,000. Advisors Preferred LLC purchased a new stake in WW International in the third quarter valued at approximately $268,000. SG Americas Securities LLC acquired a new position in WW International in the third quarter valued at $315,000. Finally, BNP Paribas Financial Markets grew its holdings in shares of WW International by 229.7% during the 1st 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 during the period. 86.18% of the stock is owned by hedge funds and other institutional investors.

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.