XO Group Inc. (NYSE:XOXO) has earned an average recommendation of “Buy” from the six brokerages that are covering the stock. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $20.63.
XOXO has been the subject of several analyst reports. Zacks Investment Research lowered XO Group from a “buy” rating to a “hold” rating in a research note on Friday, August 5th. Axiom Securities reiterated a “buy” rating and issued a $21.00 target price on shares of XO Group in a research note on Tuesday, August 2nd. Finally, B. Riley reiterated a “neutral” rating and issued a $18.50 target price on shares of XO Group in a research note on Tuesday, August 2nd.
Shares of XO Group (NYSE:XOXO) opened at 18.83 on Friday. The firm has a market cap of $478.13 million, a price-to-earnings ratio of 67.25 and a beta of 1.01. The firm has a 50-day moving average price of $19.07 and a 200-day moving average price of $17.81. XO Group has a 52-week low of $13.64 and a 52-week high of $19.92.
XO Group (NYSE:XOXO) last released its earnings results on Monday, August 1st. The company reported $0.14 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.01. The firm earned $38.70 million during the quarter, compared to analyst estimates of $39 million. XO Group had a return on equity of 6.51% and a net margin of 5.09%. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.13 earnings per share. Analysts predict that XO Group will post $0.49 EPS for the current fiscal year.
In other XO Group news, Director David Liu sold 3,300 shares of the business’s stock in a transaction dated Monday, September 19th. The stock was sold at an average price of $18.80, for a total transaction of $62,040.00. Following the completion of the sale, the director now owns 508,872 shares of the company’s stock, valued at $9,566,793.60. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 5.60% of the company’s stock.
Large investors have recently modified their holdings of the company. BNP Paribas Arbitrage SA increased its position in shares of XO Group by 132.2% in the second quarter. BNP Paribas Arbitrage SA now owns 7,455 shares of the company’s stock worth $130,000 after buying an additional 4,245 shares in the last quarter. Sei Investments Co. acquired a new position in shares of XO Group during the second quarter worth approximately $174,000. Teacher Retirement System of Texas increased its position in shares of XO Group by 8.3% in the second quarter. Teacher Retirement System of Texas now owns 9,997 shares of the company’s stock worth $174,000 after buying an additional 764 shares in the last quarter. Louisiana State Employees Retirement System increased its position in shares of XO Group by 1.0% in the second quarter. Louisiana State Employees Retirement System now owns 10,600 shares of the company’s stock worth $185,000 after buying an additional 100 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its position in shares of XO Group by 7.0% in the second quarter. Thrivent Financial for Lutherans now owns 11,630 shares of the company’s stock worth $203,000 after buying an additional 760 shares in the last quarter. 83.27% of the stock is owned by institutional investors.
XO Group Company Profile
XO Group Inc is engaged in providing content and marketing solutions, targeted advertising programs, transactions and merchandise. The Company guides couples through transformative life stages from getting married, to moving in together and having a baby through its multi-platform brands, including The Knot, The Bump and The Nest.
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