WW International (NASDAQ:WW) Stock Picked Up by Analysts at Northland Securities

by · The Markets Daily

Investment analysts at Northland Securities started coverage on shares of WW International (NASDAQ:WW – Get Free Report) in a report issued on Friday, MarketBeat.com reports. The firm set an “outperform” rating and a $25.00 price target on the stock. Northland Securities’ price target suggests a potential upside of 70.93% from the company’s current price.

Several other analysts have also recently issued reports on WW. Wall Street Zen cut WW International from a “hold” rating to a “sell” rating in a report on Saturday, September 19th. Weiss Ratings lowered WW International from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday, August 6th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, WW International has a consensus rating of “Hold” and a consensus target price of $25.00.

Get Our Latest Stock Analysis on WW International

WW International Trading Up 6.6%

WW stock traded up $0.91 during midday trading on Friday, reaching $14.63. The stock had a trading volume of 18,147 shares, compared to its average volume of 288,174. WW International has a 52-week low of $8.36 and a 52-week high of $38.38. The company has a market cap of $146.25 million, a price-to-earnings ratio of -2.51 and a beta of 1.73. The company’s fifty day simple moving average is $15.54 and its 200 day simple moving average is $14.74.

WW International (NASDAQ:WW – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.93. The business had revenue of $162.32 million during the quarter, compared to analysts’ expectations of $159.13 million. Sell-side analysts predict that WW International will post -0.06 EPS for the current year.

Institutional Trading of WW International

Hedge funds and other institutional investors have recently modified their holdings of the business. Cooper Creek Partners Management LLC increased its stake in shares of WW International by 50.1% during the first quarter. Cooper Creek Partners Management LLC now owns 975,419 shares of the company’s stock worth $13,402,000 after buying an additional 325,434 shares during the period. Cygnus Capital Advisors LLC lifted its position in shares of WW International by 96.1% during 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 during the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of WW International during the 2nd quarter worth about $279,000. 86.18% of the stock is owned by institutional investors and hedge funds.

WW International Company Profile

(Get Free Report)

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.

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