XO Group (XOXO) Earns Hold Rating from Zacks Investment Research

XO Group (NYSE:XOXO)‘s stock had its “hold” rating reissued by Zacks Investment Research in a research note issued to investors on Saturday.

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. “

Other analysts have also issued reports about the stock. BidaskClub lowered shares of XO Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 25th. B. Riley reiterated a “hold” rating and set a $19.00 target price (up from $16.75) on shares of XO Group in a report on Monday, October 30th. Finally, Roth Capital reiterated a “neutral” rating and set a $20.50 target price on shares of XO Group in a report on Thursday, October 12th. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $19.38.

XO Group (NYSE:XOXO) remained flat at $$19.16 during trading on Friday. The stock had a trading volume of 40,335 shares, compared to its average volume of 75,714. The company has a market capitalization of $492.42, a PE ratio of 58.06, a price-to-earnings-growth ratio of 2.61 and a beta of 0.92. XO Group has a 12-month low of $14.99 and a 12-month high of $20.96.

XO Group (NYSE:XOXO) last posted its earnings results on Tuesday, October 31st. The specialty retailer reported $0.13 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.02. The company had revenue of $40.24 million during the quarter, compared to analyst estimates of $40.58 million. XO Group had a net margin of 5.35% and a return on equity of 5.55%. XO Group’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.07 earnings per share. equities analysts expect that XO Group will post 0.32 earnings per share for the current fiscal year.

Institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its holdings in 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 worth $23,572,000 after buying an additional 129,723 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in XO Group by 40.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 309,809 shares of the specialty retailer’s stock worth $5,459,000 after buying an additional 89,395 shares during the period. Vanguard Group Inc. lifted its holdings in XO Group by 5.8% in the second quarter. Vanguard Group Inc. now owns 1,474,477 shares of the specialty retailer’s stock worth $25,981,000 after buying an additional 81,288 shares during the period. Parametric Portfolio Associates LLC lifted its holdings in XO Group by 117.6% in the second quarter. Parametric Portfolio Associates LLC now owns 103,070 shares of the specialty retailer’s stock worth $1,816,000 after buying an additional 55,694 shares during the period. Finally, Citadel Advisors LLC lifted its holdings in XO Group by 161.4% in the second quarter. Citadel Advisors LLC now owns 73,423 shares of the specialty retailer’s stock worth $1,293,000 after buying an additional 45,330 shares during the period. Institutional investors own 84.43% of the company’s stock.

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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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