WW International (NASDAQ:WW) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of WW International (NASDAQ:WW) in a research note released on Thursday. The brokerage issued a hold rating on the stock.

WW International Stock Performance

NASDAQ WW opened at $0.13 on Thursday. The stock has a market cap of $10.42 million, a price-to-earnings ratio of -0.02 and a beta of 1.69. The business has a 50 day simple moving average of $0.54 and a 200 day simple moving average of $0.97. WW International has a 52-week low of $0.13 and a 52-week high of $2.35.

WW International (NASDAQ:WW) last released its earnings results on Thursday, February 27th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.31. The firm had revenue of $184.41 million for the quarter, compared to the consensus estimate of $173.23 million. During the same quarter last year, the company posted ($1.11) EPS. On average, analysts predict that WW International will post -0.06 EPS for the current year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in WW International stock. Geode Capital Management LLC lifted its stake in shares of WW International, Inc. (NASDAQ:WW) by 14.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,014,475 shares of the company’s stock after purchasing an additional 130,180 shares during the period. Geode Capital Management LLC owned 1.27% of WW International worth $891,000 at the end of the most recent quarter. Institutional investors and hedge funds 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.