XO Group, Inc. (XOXO) Expected to Post Quarterly Sales of $40.76 Million

Wall Street analysts expect XO Group, Inc. (NYSE:XOXO) to post sales of $40.76 million for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for XO Group’s earnings, with estimates ranging from $40.72 million to $40.80 million. XO Group posted sales of $36.73 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 11%. The business is expected to report its next quarterly earnings results on Wednesday, November 1st.

According to Zacks, analysts expect that XO Group will report full year sales of $40.76 million for the current financial year, with estimates ranging from $162.91 million to $163.49 million. For the next year, analysts expect that the firm will report sales of $178.08 million per share, with estimates ranging from $176.84 million to $179.31 million. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow XO Group.

XO Group (NYSE:XOXO) last released its earnings results on Monday, July 31st. The specialty retailer reported $0.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.11. The company had revenue of $42.20 million during the quarter, compared to analyst estimates of $41.51 million. XO Group had a return on equity of 4.71% and a net margin of 4.55%. XO Group’s quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.14 earnings per share.

A number of equities analysts recently weighed in on XOXO shares. Roth Capital restated a “neutral” rating and issued a $20.50 price objective on shares of XO Group in a report on Thursday, October 12th. Zacks Investment Research upgraded shares of XO Group from a “sell” rating to a “hold” rating in a report on Wednesday, October 18th. BidaskClub upgraded shares of XO Group from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 28th. ValuEngine upgraded shares of XO Group from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Finally, B. Riley restated a “neutral” rating and issued a $16.75 price objective on shares of XO Group in a report on Sunday, August 6th. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $20.05.

Large investors have recently bought and sold shares of the business. Mason Street Advisors LLC grew its position in XO Group by 6.4% in the 1st quarter. Mason Street Advisors LLC now owns 5,782 shares of the specialty retailer’s stock worth $100,000 after purchasing an additional 347 shares during the period. BNP Paribas Arbitrage SA grew its position in XO Group by 88.9% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 8,943 shares of the specialty retailer’s stock worth $158,000 after purchasing an additional 4,209 shares during the period. First Quadrant L P CA bought a new stake in XO Group in the 2nd quarter worth approximately $178,000. Arizona State Retirement System grew its position in XO Group by 0.8% in the 1st quarter. Arizona State Retirement System now owns 12,895 shares of the specialty retailer’s stock worth $222,000 after purchasing an additional 100 shares during the period. Finally, Thrivent Financial For Lutherans grew its position in XO Group by 3.1% in the 1st quarter. Thrivent Financial For Lutherans now owns 13,830 shares of the specialty retailer’s stock worth $238,000 after purchasing an additional 410 shares during the period. 83.32% of the stock is owned by institutional investors and hedge funds.

XO Group (XOXO) opened at 19.63 on Wednesday. The company has a market capitalization of $489.93 million, a price-to-earnings ratio of 70.11 and a beta of 0.96. XO Group has a 12-month low of $14.99 and a 12-month high of $20.99. The stock has a 50 day moving average price of $19.54 and a 200 day moving average price of $18.12.

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About XO Group

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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