WW International, Inc. (NASDAQ:WW) Given Average Recommendation of "Hold" by Brokerages

Shares of WW International, Inc. (NASDAQ:WW - Get Free Report) have received an average rating of "Hold" from the six ratings firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $3.00.

A number of brokerages have recently issued reports on WW. StockNews.com raised shares of WW International from a "sell" rating to a "hold" rating in a report on Thursday, November 14th. Barclays reaffirmed an "underweight" rating and issued a $0.75 target price on shares of WW International in a research note on Thursday, October 10th.

WW International Stock Up 1.4 %

WW traded up $0.02 during trading on Thursday, hitting $1.10. 1,880,258 shares of the company traded hands, compared to its average volume of 3,670,290. The firm has a market cap of $87.45 million, a P/E ratio of -0.19 and a beta of 1.73. The stock's fifty day moving average is $1.28 and its 200 day moving average is $1.11. WW International has a one year low of $0.67 and a one year high of $5.22.

Hedge Funds Weigh In On WW International

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Prism Advisors Inc. boosted its holdings in WW International by 110.0% in the third quarter. Prism Advisors Inc. now owns 42,000 shares of the company's stock worth $37,000 after acquiring an additional 22,000 shares in the last quarter. Marshall Wace LLP boosted 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 worth $305,000 after acquiring an additional 160,200 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in WW International by 14.7% in the third quarter. Geode Capital Management LLC now owns 1,014,475 shares of the company's stock worth $891,000 after acquiring an additional 130,180 shares in the last quarter. Hedge funds and other 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.