Zacks: Yogaworks Inc (YOGA) Given $6.75 Consensus Price Target by Brokerages
Yogaworks Inc (NASDAQ:YOGA) has been given a consensus broker rating score of 1.00 (Strong Buy) from the four brokers that provide coverage for the stock, Zacks Investment Research reports. Four investment analysts have rated the stock with a strong buy recommendation.
Brokers have set a 1 year consensus target price of $6.75 for the company, according to Zacks. Zacks has also assigned Yogaworks an industry rank of 166 out of 265 based on the ratings given to related companies.
A number of research analysts have recently issued reports on the stock. Stephens assumed coverage on shares of Yogaworks in a research report on Tuesday, September 5th. They issued an “overweight” rating and a $6.00 price target on the stock. Roth Capital assumed coverage on shares of Yogaworks in a research report on Tuesday, September 5th. They issued a “buy” rating and a $7.00 price target on the stock. Cowen and Company assumed coverage on shares of Yogaworks in a research report on Tuesday, September 5th. They issued an “outperform” rating and a $7.00 price target on the stock. Finally, Guggenheim assumed coverage on shares of Yogaworks in a research report on Tuesday, September 5th. They issued a “buy” rating and a $7.00 price target on the stock.
Shares of Yogaworks (NASDAQ YOGA) traded down 1.12% during mid-day trading on Tuesday, reaching $2.65. 202,517 shares of the company’s stock traded hands. Yogaworks has a 12 month low of $2.62 and a 12 month high of $5.85. The firm has a 50 day moving average price of $3.28 and a 200-day moving average price of $3.52. The stock’s market cap is $23.61 million.
Yogaworks (NASDAQ:YOGA) last issued its quarterly earnings results on Thursday, September 21st. The company reported ($0.38) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.36) by ($0.02). The firm had revenue of $12.50 million during the quarter, compared to analyst estimates of $12.49 million. Yogaworks had a negative return on equity of 48.77% and a negative net margin of 35.60%. The business’s quarterly revenue was down 6.0% on a year-over-year basis. On average, analysts predict that Yogaworks will post ($0.95) earnings per share for the current fiscal year.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Yogaworks Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yogaworks Inc and related companies with MarketBeat.com's FREE daily email newsletter.