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

WW International, Inc. (NASDAQ:WW - Get Free Report) has earned a consensus recommendation of "Hold" from the six ratings firms that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $4.50.

Several analysts have recently weighed in on WW shares. Barclays reissued an "underweight" rating and set a $0.75 target price on shares of WW International in a research note on Thursday, October 10th. StockNews.com raised WW International from a "sell" rating to a "hold" rating in a research report on Thursday, November 14th.

WW International Stock Performance

WW traded down $0.01 during trading on Wednesday, reaching $1.28. 2,563,300 shares of the company traded hands, compared to its average volume of 5,524,858. The company has a market cap of $102.38 million, a P/E ratio of -0.22 and a beta of 1.73. WW International has a 12-month low of $0.67 and a 12-month high of $9.77. The firm has a fifty day simple moving average of $1.11 and a 200 day simple moving average of $1.12.

Institutional Trading of WW International

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Prism Advisors Inc. raised its position in 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 acquiring an additional 22,000 shares during the period. Marshall Wace LLP raised its holdings in WW International by 159.9% in the 2nd 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 during the period. Finally, Geode Capital Management LLC boosted its position in shares of WW International by 14.7% during the 3rd quarter. Geode Capital Management LLC now owns 1,014,475 shares of the company's stock worth $891,000 after purchasing an additional 130,180 shares during the period. 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.