XO Group Inc (XOXO) Receives Consensus Recommendation of “Hold” from Brokerages

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.

Shares of XO Group (XOXO) traded up $0.08 during trading hours on Friday, reaching $19.70. 4,955 shares of the company traded hands, compared to its average volume of 74,234. The firm has a market capitalization of $502.18, a PE ratio of 59.43, a price-to-earnings-growth ratio of 2.66 and a beta of 0.92. XO Group has a 52-week low of $14.99 and a 52-week high of $20.96.

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.

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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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