WW International (NASDAQ:WW) Given New $0.75 Price Target at Barclays

WW International (NASDAQ:WW) had its target price decreased by Barclays from $1.50 to $0.75 in a research report report published on Friday, Benzinga reports. Barclays currently has an underweight rating on the stock.

A number of other analysts have also recently weighed in on WW. DA Davidson decreased their price objective on WW International from $12.50 to $6.00 and set a buy rating for the company in a research report on Friday, May 3rd. Morgan Stanley lowered shares of WW International from an overweight rating to an equal weight rating and lowered their price objective for the company from $6.50 to $1.25 in a research report on Friday, July 26th. UBS Group cut their price objective on shares of WW International from $3.00 to $2.10 and set a neutral rating for the company in a research report on Thursday, April 25th. Finally, StockNews.com downgraded shares of WW International from a hold rating to a sell rating in a report on Thursday, May 9th. Two equities 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 stock. Based on data from MarketBeat, the company has an average rating of Hold and an average target price of $5.29.

WW International Stock Performance

Shares of NASDAQ WW opened at $0.78 on Friday. The firm has a market capitalization of $61.57 million, a PE ratio of -0.18, a price-to-earnings-growth ratio of 0.45 and a beta of 1.66. WW International has a fifty-two week low of $0.72 and a fifty-two week high of $13.31. The stock’s 50-day simple moving average is $1.28 and its 200-day simple moving average is $2.20.

WW International (NASDAQ:WW) last posted its earnings results on Thursday, August 1st. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.16). The firm had revenue of $202.07 million during the quarter, compared to analyst estimates of $210.89 million. During the same period in the prior year, the firm earned ($0.04) earnings per share. On average, sell-side analysts forecast that WW International will post 0.13 earnings per share for the current fiscal year.

Institutional Trading of WW International

Large investors have recently bought and sold shares of the company. Brevan Howard Capital Management LP boosted its position 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 worth $2,559,000 after buying an additional 252,267 shares in the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of WW International in the fourth quarter valued at about $993,000. Empirical Capital Management LLC acquired a new stake in shares of WW International in the first quarter valued at approximately $185,000. BNP Paribas Financial Markets increased its stake in shares of WW International by 229.7% during the 1st quarter. BNP Paribas Financial Markets now owns 113,427 shares of the company’s stock worth $210,000 after purchasing an additional 79,026 shares in the last quarter. Finally, Barometer Capital Management Inc. raised its position 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 purchasing an additional 31,600 shares during the last quarter. 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.