XO Group, Inc. (NYSE:XOXO) was downgraded by research analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a note issued to investors on Wednesday.
Several other equities research analysts also recently weighed in on the company. Zacks Investment Research upgraded XO Group from a “sell” rating to a “hold” rating in a report on Wednesday, October 18th. Roth Capital reissued a “neutral” rating and issued a $20.50 target price on shares of XO Group in a research report on Thursday, October 12th. ValuEngine raised XO Group from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Finally, B. Riley reissued a “neutral” rating and issued a $16.75 target price on shares of XO Group in a research report on Sunday, August 6th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $20.05.
Shares of XO Group (NYSE XOXO) opened at 19.95 on Wednesday. The company’s 50-day moving average price is $19.58 and its 200 day moving average price is $18.13. The stock has a market cap of $497.91 million, a price-to-earnings ratio of 71.25 and a beta of 0.96. XO Group has a 12-month low of $14.99 and a 12-month high of $20.99.
XO Group (NYSE:XOXO) last posted its quarterly earnings data on Monday, July 31st. The specialty retailer reported $0.11 earnings per share (EPS) for the quarter, meeting 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 return on equity of 4.71% and a net margin of 4.55%. The company’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.14 EPS. On average, equities analysts predict that XO Group will post $0.33 earnings per share for the current year.
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Institutional investors have recently modified their holdings of the stock. Mason Street Advisors LLC boosted its holdings in XO Group by 6.4% in the first quarter. Mason Street Advisors LLC now owns 5,782 shares of the specialty retailer’s stock valued at $100,000 after acquiring an additional 347 shares during the last quarter. BNP Paribas Arbitrage SA increased its position in shares of XO Group by 88.9% during the second quarter. BNP Paribas Arbitrage SA now owns 8,943 shares of the specialty retailer’s stock worth $158,000 after acquiring an additional 4,209 shares during the last quarter. First Quadrant L P CA purchased a new stake in shares of XO Group during the second quarter worth about $178,000. Arizona State Retirement System increased its position in shares of XO Group by 0.8% during the first quarter. Arizona State Retirement System now owns 12,895 shares of the specialty retailer’s stock worth $222,000 after acquiring an additional 100 shares during the last quarter. Finally, Thrivent Financial For Lutherans increased its position in shares of XO Group by 3.1% during the first quarter. Thrivent Financial For Lutherans now owns 13,830 shares of the specialty retailer’s stock worth $238,000 after acquiring an additional 410 shares during the last quarter. Hedge funds and other institutional investors own 83.32% of the company’s stock.
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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