Shares of XO Group Inc (NYSE:XOXO) have been given a consensus rating of “Hold” by the seven research firms that are currently covering the firm, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $19.38.
Several analysts recently weighed in on XOXO shares. BidaskClub raised shares of XO Group from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 28th. Zacks Investment Research cut shares of XO Group from a “hold” rating to a “sell” rating in a report on Thursday, October 5th. Roth Capital reissued a “neutral” rating and set a $20.50 price objective on shares of XO Group in a report on Thursday, October 12th. Finally, B. Riley reissued a “hold” rating and set a $19.00 price objective (up previously from $16.75) on shares of XO Group in a report on Monday, October 30th.
Hedge funds and other institutional investors have recently modified their holdings of the business. Macquarie Group Ltd. purchased a new stake in shares of XO Group in the 3rd quarter worth about $132,000. Louisiana State Employees Retirement System purchased a new stake in shares of XO Group in the 4th quarter worth about $192,000. Cornerstone Capital Management Holdings LLC. purchased a new stake in shares of XO Group in the 2nd quarter worth about $302,000. Alliancebernstein L.P. purchased a new stake in shares of XO Group in the 2nd quarter worth about $319,000. Finally, Voya Investment Management LLC boosted its position in shares of XO Group by 9.6% in the 2nd quarter. Voya Investment Management LLC now owns 18,136 shares of the specialty retailer’s stock worth $320,000 after buying an additional 1,593 shares in the last quarter. Institutional investors own 84.68% of the company’s stock.
XO Group (NYSE:XOXO) last issued its earnings results on Tuesday, October 31st. The specialty retailer reported $0.13 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.02. The firm had revenue of $40.24 million for the quarter, compared to analysts’ expectations of $40.58 million. XO Group had a net margin of 5.35% and a return on equity of 5.55%. The firm’s revenue was up 9.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.07 earnings per share. sell-side analysts predict that XO Group will post 0.32 EPS for the current fiscal year.
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).
Receive News & Ratings for XO Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XO Group and related companies with MarketBeat.com's FREE daily email newsletter.