XO Group, Inc. (NYSE:XOXO) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Wednesday.

According to Zacks, “XO Group Inc. is a media and technology company. It provides information, products and advice related to weddings and pregnancy. The Company operates Internet websites, publishes magazines and books, and produces television and video content. XO Group Inc., formerly known as The Knot, Inc., is headquartered in New York, New York. “

Several other equities analysts also recently commented on XOXO. B. Riley reissued a “neutral” rating and set a $16.75 target price on shares of XO Group in a research report on Sunday, August 6th. BidaskClub raised shares of XO Group from a “hold” rating to a “buy” rating in a research report on Friday, August 11th. Roth Capital reissued a “neutral” rating and set a $20.50 target price on shares of XO Group in a research report on Thursday, October 12th. Finally, ValuEngine raised shares of XO Group from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Five equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $20.05.

Shares of XO Group (NYSE XOXO) traded down 0.35% on Wednesday, hitting $19.89. The company’s stock had a trading volume of 49,847 shares. XO Group has a 52 week low of $14.99 and a 52 week high of $20.99. The stock has a market capitalization of $496.41 million, a P/E ratio of 71.04 and a beta of 0.96. The stock’s 50 day moving average price is $19.46 and its 200 day moving average price is $18.04.

XO Group (NYSE:XOXO) last posted its earnings results on Monday, July 31st. The specialty retailer reported $0.11 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.11. The firm had revenue of $42.20 million for the quarter, compared to the consensus estimate of $41.51 million. XO Group had a net margin of 4.55% and a return on equity of 4.71%. The business’s quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.14 earnings per share. On average, analysts forecast that XO Group will post $0.33 earnings per share for the current fiscal year.

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Several large investors have recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of XO Group by 5.8% in the second quarter. Vanguard Group Inc. now owns 1,474,477 shares of the specialty retailer’s stock valued at $25,981,000 after purchasing an additional 81,288 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of XO Group by 2.1% in the second quarter. Renaissance Technologies LLC now owns 1,473,300 shares of the specialty retailer’s stock valued at $25,960,000 after purchasing an additional 30,800 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of XO Group by 10.7% in the second quarter. Dimensional Fund Advisors LP now owns 1,337,815 shares of the specialty retailer’s stock valued at $23,572,000 after purchasing an additional 129,723 shares during the last quarter. Clearbridge Investments LLC grew its position in shares of XO Group by 0.8% in the first quarter. Clearbridge Investments LLC now owns 908,761 shares of the specialty retailer’s stock valued at $15,640,000 after purchasing an additional 7,367 shares during the last quarter. Finally, State Street Corp grew its position in shares of XO Group by 2.6% in the second quarter. State Street Corp now owns 655,761 shares of the specialty retailer’s stock valued at $11,555,000 after purchasing an additional 16,400 shares during the last quarter. 83.61% of the stock is currently owned by institutional investors.

XO Group Company Profile

XO Group Inc is engaged in providing content and marketing solutions, targeted advertising programs, transactions and merchandise. The Company’s multi-platform brands guide couples through transformative life stages from getting married with The Knot, to moving in together with The Nest, to having a baby with The Bump, and helping bring celebrations to life with entertainment vendors from GigMasters.com Incorporated (GigMasters).

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Analyst Recommendations for XO Group (NYSE:XOXO)

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