Weight Watchers (WW, $22.95) stock gets a rating upgrade and a higher price target by JP Morgan analysts
Shares of Weight Watchers International Inc. jumped more than +5% on Thursday, as JP Morgan analysts softened their bearish stance on the stock.
J.P. Morgan analyst Christina Brathwaite upgraded the stock's rating to neutral from underweight. She also raised her price target to $22 from $17 a share.
Brathwaite indicated that she was no longer bearish on the weight management & fitness company, citing stabilizing subscriber trends and the potential growth opportunity in 2020 following the launch of a new diet program by the company at the end of this year.
Notable companies
The most notable companies in this group are WW International Inc (NASDAQ:WW).
Industry description
Personnel Services comprise companies that provide staffing and human resources management solutions for businesses. Each company might be involved in one or more types of recruitment or employee solutions such as permanent or temporary staffing, career consulting, outsourcing, administrative services and many more. Some personnel services companies cater to large businesses, while some specialize in providing services to small/medium-sized organizations. These specialized services potentially expedite the process of getting the ‘right’ candidates and/or training them to meet the requirements of a business process. Some of the companies also cover other critical areas like internal auditing for a company. Robert Half International Inc., ManpowerGroup Inc. and Insperity, Inc. are examples of companies in the personnel services industry.
Market Cap
The average market capitalization across the Personnel Services Industry is 2.76B. The market cap for tickers in the group ranges from 78.46K to 27.35B. ROL holds the highest valuation in this group at 27.35B. The lowest valued company is GXXM at 78.46K.
High and low price notable news
The average weekly price growth across all stocks in the Personnel Services Industry was -5%. For the same Industry, the average monthly price growth was -6%, and the average quarterly price growth was 204%. GDDFF experienced the highest price growth at 31%, while YYGH experienced the biggest fall at -67%.
Volume
The average weekly volume growth across all stocks in the Personnel Services Industry was -24%. For the same stocks of the Industry, the average monthly volume growth was -3% and the average quarterly volume growth was 4%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 55
P/E Growth Rating: 75
Price Growth Rating: 62
SMR Rating: 70
Profit Risk Rating: 86
Seasonality Score: -33 (-100 ... +100)