According to Zacks, “XO Group Inc. is a media and technology company. It provides information, products and advice related to weddings and pregnancy. The Company operates Internet websites, publishes magazines and books, and produces television and video content. XO Group Inc., formerly known as The Knot, Inc., is headquartered in New York, New York. “
Other equities analysts also recently issued research reports about the company. TheStreet raised XO Group from a hold rating to a buy rating in a research report on Thursday, December 15th. Sidoti initiated coverage on XO Group in a research report on Thursday, December 15th. They set a buy rating and a $25.00 price target for the company. Aegis initiated coverage on XO Group in a research report on Tuesday, December 6th. They set a buy rating and a $22.00 price target for the company. Roth Capital set a $21.00 price target on XO Group and gave the stock a buy rating in a research report on Monday, February 27th. Finally, Stifel Nicolaus downgraded XO Group from a buy rating to a hold rating and reduced their price target for the stock from $23.00 to $17.00 in a research report on Wednesday, March 1st. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of $20.29.
XO Group (NYSE:XOXO) opened at 17.15 on Thursday. The company’s 50-day moving average is $17.98 and its 200-day moving average is $18.72. XO Group has a 12 month low of $14.99 and a 12 month high of $20.99. The company has a market cap of $434.31 million, a price-to-earnings ratio of 36.49 and a beta of 0.97.
XO Group (NYSE:XOXO) last released its quarterly earnings results on Tuesday, February 28th. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. XO Group had a return on equity of 6.28% and a net margin of 4.38%. The firm earned $41 million during the quarter, compared to the consensus estimate of $41.24 million. During the same quarter in the prior year, the firm posted $0.11 EPS. The business’s revenue was up 7.6% on a year-over-year basis. On average, equities research analysts anticipate that XO Group will post $0.36 earnings per share for the current year.
var userip;Your IP Address: document.write(userip);
Large investors have recently added to or reduced their stakes in the stock. Taylor Wealth Management Partners bought a new stake in XO Group during the third quarter valued at approximately $5,342,000. Arrowstreet Capital Limited Partnership bought a new stake in XO Group during the fourth quarter valued at approximately $4,287,000. Kettle Hill Capital Management LLC bought a new stake in XO Group during the fourth quarter valued at approximately $3,633,000. BlackRock Fund Advisors increased its stake in XO Group by 10.7% in the third quarter. BlackRock Fund Advisors now owns 1,791,396 shares of the company’s stock valued at $34,628,000 after buying an additional 173,330 shares during the last quarter. Finally, Great Lakes Advisors LLC bought a new stake in XO Group during the third quarter valued at approximately $2,219,000. 81.73% of the stock is owned by institutional investors.
About XO Group
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for XO Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XO Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.