Brokerages Set $7.00 Target Price for YogaWorks, Inc. (YOGA)
YogaWorks, Inc. (NASDAQ:YOGA) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the four analysts that cover the stock, Zacks Investment Research reports. Four equities research analysts have rated the stock with a strong buy rating.
Brokerages have set a one year consensus price target of $7.00 for the company, according to Zacks. Zacks has also given YogaWorks an industry rank of 96 out of 265 based on the ratings given to related companies.
YOGA has been the topic of several recent analyst reports. Guggenheim initiated coverage on shares of YogaWorks in a report on Tuesday, September 5th. They issued a “buy” rating and a $7.00 target price on the stock. Cowen and Company initiated coverage on shares of YogaWorks in a report on Tuesday, September 5th. They issued an “outperform” rating and a $7.00 target price on the stock. Roth Capital initiated coverage on shares of YogaWorks in a report on Tuesday, September 5th. They issued a “buy” rating and a $7.00 target price on the stock. Finally, Stephens initiated coverage on shares of YogaWorks in a report on Tuesday, September 5th. They issued an “overweight” rating and a $6.00 target price on the stock.
YogaWorks (YOGA) traded down 2.60% during mid-day trading on Thursday, hitting $2.62. 28,483 shares of the company were exchanged. YogaWorks has a 12-month low of $2.62 and a 12-month high of $5.85. The company’s 50-day moving average is $3.71 and its 200 day moving average is $4.86. The company’s market capitalization is $23.34 million.
YogaWorks (NASDAQ:YOGA) last released its earnings results on Thursday, September 21st. The company reported ($0.38) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.36) by ($0.02). The company had revenue of $12.50 million for the quarter, compared to analyst estimates of $12.49 million. The company’s revenue for the quarter was down 6.0% on a year-over-year basis. Analysts expect that YogaWorks will post ($0.91) EPS for the current year.
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YogaWorks Company Profile
YogaWorks, Inc is a yoga instruction company. The Company provides yoga instruction in the United States with 50 company-owned studios as well as its Internet-based digital media service, MyYogaWorks.com. Its classes are designed to safely challenge practitioners of all levels, making yoga accessible to a diverse population ranging from beginners and casual practitioners to seasoned yogis and professional athletes.
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