WW International, Inc. (NASDAQ:WW) Receives $4.50 Consensus Target Price from Analysts

Shares of WW International, Inc. (NASDAQ:WW - Get Free Report) have been assigned a consensus rating of "Hold" from the six brokerages that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $4.50.

Several brokerages recently issued reports on WW. 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 report on Friday, August 2nd. Guggenheim cut their price objective on shares of WW International from $12.00 to $6.00 and set a "buy" rating on the stock in a report on Friday, August 2nd. Morgan Stanley lowered shares of WW International from an "overweight" rating to an "equal weight" rating and cut their price objective for the company from $6.50 to $1.25 in a report on Friday, July 26th. Finally, Barclays restated an "underweight" rating and issued a $0.75 target price on shares of WW International in a research note on Thursday, October 10th.

Insider Buying and Selling at WW International

In related news, CEO Sima Sistani acquired 65,000 shares of the stock in a transaction dated Wednesday, August 7th. The stock was acquired at an average cost of $0.75 per share, for a total transaction of $48,750.00. Following the completion of the purchase, the chief executive officer now owns 267,410 shares of the company's stock, valued at approximately $200,557.50. This represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 8.12% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC lifted its position in WW International by 52.1% during the first quarter. SG Americas Securities LLC now owns 47,409 shares of the company's stock valued at $88,000 after purchasing an additional 16,244 shares during the period. Empirical Capital Management LLC purchased a new position in WW International in the first quarter valued at $185,000. 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 valued at $210,000 after buying an additional 79,026 shares in the last quarter. Finally, Marshall Wace LLP increased its holdings in WW International by 159.9% in the second 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. 86.18% of the stock is currently owned by institutional investors and hedge funds.

WW International Price Performance

Shares of NASDAQ:WW traded down $0.11 during trading on Tuesday, reaching $1.46. 11,974,476 shares of the company were exchanged, compared to its average volume of 5,786,599. The firm has a market capitalization of $115.74 million, a PE ratio of -0.34 and a beta of 1.72. The business's fifty day simple moving average is $0.93 and its 200-day simple moving average is $1.30. WW International has a 12-month low of $0.67 and a 12-month high of $11.84.

WW International (NASDAQ:WW - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported ($0.13) earnings per share (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 the consensus estimate of $210.89 million. During the same quarter last year, the firm posted ($0.04) earnings per share. On average, sell-side analysts anticipate that WW International will post -0.13 EPS for the current fiscal year.

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.