Analysts Set WW International, Inc. (NASDAQ:WW) Target Price at $4.50

Shares of WW International, Inc. (NASDAQ:WW - Get Free Report) have been assigned a consensus rating of "Hold" from the six analysts that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $4.50.

A number of equities analysts have issued reports on the company. Morgan Stanley downgraded WW International from an "overweight" rating to an "equal weight" rating and decreased their price objective for the stock from $6.50 to $1.25 in a report on Friday, July 26th. UBS Group lowered their price target on 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 WW International from $12.00 to $6.00 and set a "buy" rating for the company in a report on Friday, August 2nd. Barclays reissued an "underweight" rating and issued a $0.75 target price on shares of WW International in a report on Thursday, October 10th. Finally, StockNews.com upgraded shares of WW International from a "sell" rating to a "hold" rating in a research note on Friday.

WW International Stock Performance

NASDAQ:WW traded down $0.17 during trading on Friday, reaching $0.86. The company's stock had a trading volume of 9,594,014 shares, compared to its average volume of 5,664,278. WW International has a 12 month low of $0.67 and a 12 month high of $9.77. The firm has a 50 day moving average of $1.01 and a 200-day moving average of $1.23. The firm has a market cap of $68.34 million, a price-to-earnings ratio of -0.15 and a beta of 1.69.

WW International (NASDAQ:WW - Get Free Report) last issued its earnings results on Wednesday, November 6th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.05 by $0.19. The company had revenue of $192.89 million during the quarter, compared to the consensus estimate of $188.49 million. Equities research analysts forecast that WW International will post -0.12 earnings per share for the current fiscal year.

Hedge Funds Weigh In On WW International

Hedge funds have recently modified their holdings of the company. Prism Advisors Inc. boosted its stake in shares of 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 during the period. Marshall Wace LLP lifted 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 worth $305,000 after purchasing an additional 160,200 shares in the last quarter. Empirical Capital Management LLC bought a new position in WW International in the 1st quarter worth approximately $185,000. SG Americas Securities LLC boosted its stake in WW International by 52.1% in the 1st quarter. SG Americas Securities LLC now owns 47,409 shares of the company's stock worth $88,000 after purchasing an additional 16,244 shares during the period. Finally, BNP Paribas Financial Markets grew its holdings in WW International by 229.7% during the 1st 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. 86.18% of the stock is currently owned by institutional investors.

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.