WW International (NASDAQ:WW) Given New $1.00 Price Target at UBS Group

WW International (NASDAQ:WW) had its price target cut by UBS Group from $2.10 to $1.00 in a research report released on Friday, Benzinga reports. They currently have a neutral rating on the stock.

Other equities research analysts also recently issued reports about the stock. Barclays lowered their price objective on shares of WW International from $1.50 to $0.75 and set an underweight rating for the company in a research note on Friday. StockNews.com downgraded WW International from a hold rating to a sell rating in a research note on Thursday, May 9th. Morgan Stanley cut WW International from an overweight rating to an equal weight rating and reduced their price objective for the stock from $6.50 to $1.25 in a research note on Friday, July 26th. Finally, DA Davidson dropped their target price on WW International from $12.50 to $6.00 and set a buy rating on the stock in a research report on Friday, May 3rd. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of Hold and a consensus price target of $5.29.

WW International Price Performance

Shares of NASDAQ WW opened at $0.85 on Friday. WW International has a 1-year low of $0.81 and a 1-year high of $13.31. The business has a fifty day moving average price of $1.30 and a 200 day moving average price of $2.26. The stock has a market capitalization of $67.09 million, a P/E ratio of -0.20, a price-to-earnings-growth ratio of 0.47 and a beta of 1.66.

WW International (NASDAQ:WW) last issued its quarterly earnings data on Thursday, August 1st. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.16). The firm had revenue of $202.07 million for the quarter, compared to analysts’ expectations of $210.89 million. During the same quarter in the prior year, the firm posted ($0.04) earnings per share. As a group, equities research analysts anticipate that WW International will post 0.13 earnings per share for the current fiscal year.

Hedge Funds Weigh In On WW International

Institutional investors and hedge funds have recently bought and sold shares of the business. Empirical Capital Management LLC acquired a new stake in shares of WW International in the 1st quarter worth $185,000. SG Americas Securities LLC raised its stake 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 during the period. BNP Paribas Financial Markets boosted its holdings in WW International by 229.7% in the 1st quarter. BNP Paribas Financial Markets now owns 113,427 shares of the company’s stock valued at $210,000 after purchasing an additional 79,026 shares during the last quarter. Brevan Howard Capital Management LP grew its stake in shares of WW International by 627.0% in the 4th quarter. Brevan Howard Capital Management LP now owns 292,500 shares of the company’s stock valued at $2,559,000 after buying an additional 252,267 shares during the period. Finally, Barometer Capital Management Inc. increased its holdings in shares of WW International by 16.7% during the 4th quarter. Barometer Capital Management Inc. now owns 220,300 shares of the company’s stock worth $1,928,000 after buying an additional 31,600 shares during the last quarter. 86.18% of the stock is currently owned by institutional investors and hedge funds.

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.