WW International (NASDAQ:WW) Research Coverage Started at Northland Securities

Northland Securities began coverage on shares of WW International (NASDAQ:WW) in a research note issued to investors on Friday, Marketbeat reports. The brokerage issued an outperform rating and a $25.00 price target on the stock.

A number of other research firms also recently commented on WW. Weiss Ratings downgraded WW International from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday, August 6th. Wall Street Zen downgraded shares of WW International from a “hold” rating to a “sell” rating in a report on Saturday, September 19th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $25.00.

WW International Stock Performance

WW International stock opened at $14.74 on Friday. WW International has a 52 week low of $8.36 and a 52 week high of $38.38. The stock has a market cap of $147.39 million, a P/E ratio of -2.55 and a beta of 1.73. The stock has a 50 day moving average of $15.57 and a 200-day moving average of $14.69.

WW International (NASDAQ:WW) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $1.41 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.93. The company had revenue of $162.32 million for the quarter, compared to analyst estimates of $159.13 million. As a group, equities analysts predict that WW International will post -0.06 earnings per share for the current fiscal year.

Institutional Trading of WW International

A number of hedge funds and other institutional investors have recently made changes to their positions in WW. Cooper Creek Partners Management LLC lifted its position in shares of WW International by 50.1% during the 1st quarter. Cooper Creek Partners Management LLC now owns 975,419 shares of the company’s stock valued at $13,402,000 after acquiring an additional 325,434 shares during the last quarter. Cygnus Capital Advisors LLC increased its stake in WW International by 96.1% in the 2nd quarter. Cygnus Capital Advisors LLC now owns 388,655 shares of the company’s stock worth $6,211,000 after purchasing an additional 190,440 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in WW International during the 2nd quarter worth about $279,000. 86.18% of the stock is currently owned by institutional investors.

About WW International

WW International, formerly known as Weight Watchers International, is a global wellness company focused on weight management, healthy living and behavior change. The company provides personalized programs designed to help members improve nutrition, physical activity and other lifestyle habits through digital tools, guidance and community support.

Its offerings have historically included subscription-based access to a points-based food and activity program, mobile applications, meal and recipe resources, educational content, virtual coaching and in-person workshops.