XO Group Inc. (NYSE:XOXO) has been assigned a consensus recommendation of “Buy” from the seven analysts that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $27.13.
Several equities research analysts have issued reports on the company. Aegis lifted their price target on XO Group from $25.00 to $33.00 and gave the stock a “buy” rating in a research note on Monday. ValuEngine raised XO Group from a “buy” rating to a “strong-buy” rating in a research note on Thursday, May 3rd. B. Riley raised XO Group from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $19.00 to $32.00 in a research note on Thursday, May 3rd. TheStreet raised XO Group from a “c+” rating to a “b” rating in a research note on Monday, April 9th. Finally, Zacks Investment Research raised XO Group from a “hold” rating to a “buy” rating and set a $23.00 price target for the company in a research note on Wednesday, March 7th.
In other news, insider Iorio Nic Di sold 5,000 shares of XO Group stock in a transaction dated Wednesday, March 7th. The stock was sold at an average price of $20.62, for a total value of $103,100.00. Following the transaction, the insider now owns 168,127 shares in the company, valued at $3,466,778.74. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director David Liu sold 275,465 shares of XO Group stock in a transaction dated Thursday, March 8th. The stock was sold at an average price of $20.38, for a total value of $5,613,976.70. Following the completion of the transaction, the director now owns 493,375 shares in the company, valued at approximately $10,054,982.50. The disclosure for this sale can be found here. In the last quarter, insiders sold 305,465 shares of company stock worth $6,279,577. Company insiders own 6.99% of the company’s stock.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. LS Investment Advisors LLC increased its holdings in shares of XO Group by 643.0% in the fourth quarter. LS Investment Advisors LLC now owns 6,122 shares of the specialty retailer’s stock worth $113,000 after buying an additional 5,298 shares during the period. Louisiana State Employees Retirement System purchased a new position in XO Group during the 4th quarter valued at about $192,000. Trexquant Investment LP purchased a new position in XO Group during the 1st quarter valued at about $205,000. MetLife Investment Advisors LLC purchased a new position in XO Group during the 4th quarter valued at about $209,000. Finally, Campbell & CO Investment Adviser LLC purchased a new position in XO Group during the 1st quarter valued at about $227,000. Hedge funds and other institutional investors own 85.68% of the company’s stock.
XOXO stock traded up $0.19 during mid-day trading on Friday, hitting $29.11. 502 shares of the stock were exchanged, compared to its average volume of 170,295. XO Group has a 12 month low of $28.92 and a 12 month high of $29.14. The firm has a market cap of $751.97 million, a P/E ratio of 74.15, a price-to-earnings-growth ratio of 3.12 and a beta of 0.75.
XO Group (NYSE:XOXO) last issued its quarterly earnings results on Wednesday, May 2nd. The specialty retailer reported $0.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.11. XO Group had a return on equity of 7.46% and a net margin of 5.42%. The firm had revenue of $38.31 million during the quarter, compared to analyst estimates of $37.57 million. equities analysts expect that XO Group will post 0.62 earnings per share for the current fiscal year.
XO Group Company Profile
XO Group Inc provides multiplatform media and marketplace services to the wedding, pregnancy and parenting, and local entertainment markets primarily in the United States. It operates a network of Websites under various brands, including The Knot, which offers wedding resources and marketplaces through wedding Website and mobile apps, national and local wedding magazines, and nationally published books; and The Bump, a pregnancy and parenting brand that provides personalized information, content, and tools for navigating the journey from fertility to pregnancy and parenting through the toddler years.
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.