WW International (NASDAQ:WW) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of WW International (NASDAQ:WW) from a sell rating to a hold rating in a research note released on Thursday.

Other research analysts have also issued reports about the company. Barclays reissued an “underweight” rating and issued a $0.75 price objective on shares of WW International in a research report on Thursday, October 10th. Guggenheim reduced their price target on WW International from $12.00 to $6.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. UBS Group lowered their price objective on shares of WW International from $2.10 to $1.00 and set a “neutral” rating for the company in a research report on Friday, August 2nd. Finally, Morgan Stanley cut shares of WW International from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $6.50 to $1.25 in a research report on Friday, July 26th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $4.50.

WW International Trading Down 6.2 %

WW stock opened at $0.88 on Thursday. The company has a market cap of $70.67 million, a PE ratio of -0.15 and a beta of 1.69. The stock has a 50-day moving average price of $1.03 and a two-hundred day moving average price of $1.20. WW International has a 12-month low of $0.67 and a 12-month high of $9.77.

Hedge Funds Weigh In On WW International

Institutional investors have recently modified their holdings of the company. Geode Capital Management LLC increased its position in WW International by 14.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,014,475 shares of the company’s stock valued at $891,000 after acquiring an additional 130,180 shares during the period. Marshall Wace LLP increased its holdings in shares of WW International by 159.9% during the second quarter. Marshall Wace LLP now owns 260,400 shares of the company’s stock valued at $305,000 after purchasing an additional 160,200 shares during the period. BNP Paribas Financial Markets boosted its holdings in shares of 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 acquiring an additional 79,026 shares in the last quarter. Empirical Capital Management LLC acquired a new position in shares of WW International during the first quarter valued at approximately $185,000. Finally, SG Americas Securities LLC raised its holdings in WW International by 52.1% during the first 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 in the last quarter. 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.