WW International (NASDAQ:WW) PT Lowered to $0.75

WW International (NASDAQ:WW) had its price target reduced by stock analysts at Barclays from $1.50 to $0.75 in a research report issued to clients and investors on Friday, Benzinga reports. The firm currently has an “underweight” rating on the stock. Barclays‘s price target indicates a potential downside of 16.29% from the company’s current price.

A number of other research analysts also recently weighed in on WW. Morgan Stanley downgraded WW International from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $6.50 to $1.25 in a report on Friday, July 26th. StockNews.com lowered shares of WW International from a “hold” rating to a “sell” rating in a research report on Thursday, May 9th. DA Davidson lowered their price objective on shares of WW International from $12.50 to $6.00 and set a “buy” rating on the stock in a research report on Friday, May 3rd. Finally, UBS Group dropped their price objective on shares of WW International from $3.00 to $2.10 and set a “neutral” rating on the stock in a research note on Thursday, April 25th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $6.30.

WW International Stock Performance

Shares of WW International stock traded up $0.01 during trading on Friday, hitting $0.90. 211,670 shares of the stock were exchanged, compared to its average volume of 4,574,779. The stock has a market cap of $71.03 million, a PE ratio of -0.21, a P/E/G ratio of 0.56 and a beta of 1.66. The stock’s fifty day moving average is $1.31 and its 200 day moving average is $2.29. WW International has a 12 month low of $0.86 and a 12 month high of $13.31.

WW International (NASDAQ:WW) last released its earnings results on Thursday, August 1st. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.16). The business had revenue of $202.07 million for the quarter, compared to analysts’ expectations of $210.89 million. During the same quarter last year, the firm posted ($0.04) earnings per share. Sell-side analysts anticipate that WW International will post 0.13 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in WW. Connectus Wealth LLC acquired a new position in shares of WW International in the fourth quarter valued at $127,000. SG Americas Securities LLC grew its holdings in shares of WW International by 9.4% in the 4th quarter. SG Americas Securities LLC now owns 31,165 shares of the company’s stock worth $273,000 after purchasing an additional 2,681 shares during the last quarter. Empirical Capital Management LLC bought a new stake in WW International during the first quarter worth about $185,000. BNP Paribas Financial Markets boosted its holdings in shares of WW International by 229.7% in the 1st quarter. BNP Paribas Financial Markets now owns 113,427 shares of the company’s stock worth $210,000 after acquiring an additional 79,026 shares in the last quarter. Finally, Russell Investments Group Ltd. bought a new stake in WW International during the 4th quarter worth approximately $993,000. Institutional investors 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.