Equities research analysts forecast that XO Group, Inc. Common Stock (NYSE:XOXO) will announce sales of $43.21 million for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for XO Group, Inc. Common Stock’s earnings, with the highest sales estimate coming in at $43.63 million and the lowest estimate coming in at $42.79 million. XO Group, Inc. Common Stock posted sales of $40.24 million in the same quarter last year, which would suggest a positive year over year growth rate of 7.4%. The company is expected to announce its next earnings report on Tuesday, October 30th.
On average, analysts expect that XO Group, Inc. Common Stock will report full-year sales of $168.18 million for the current fiscal year, with estimates ranging from $167.46 million to $168.89 million. For the next year, analysts expect that the business will report sales of $183.09 million per share, with estimates ranging from $182.40 million to $183.78 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that follow XO Group, Inc. Common Stock.
XO Group, Inc. Common Stock (NYSE:XOXO) last announced its quarterly earnings data on Tuesday, July 31st. The specialty retailer reported $0.19 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.19. XO Group, Inc. Common Stock had a net margin of 7.73% and a return on equity of 8.57%. The company had revenue of $43.15 million during the quarter, compared to analyst estimates of $42.85 million.
A number of equities analysts recently weighed in on XOXO shares. Roth Capital decreased their price objective on shares of XO Group, Inc. Common Stock from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Tuesday, July 31st. Zacks Investment Research upgraded shares of XO Group, Inc. Common Stock from a “hold” rating to a “buy” rating and set a $31.00 target price for the company in a research note on Friday, August 3rd. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $30.50.
NYSE XOXO traded down $0.07 during mid-day trading on Tuesday, reaching $29.07. The stock had a trading volume of 581 shares, compared to its average volume of 135,662. XO Group, Inc. Common Stock has a 1 year low of $17.49 and a 1 year high of $35.83. The firm has a market cap of $777.43 million, a P/E ratio of 75.82, a PEG ratio of 3.06 and a beta of 0.89.
Several hedge funds have recently modified their holdings of the company. Acadian Asset Management LLC boosted its holdings in XO Group, Inc. Common Stock by 524.6% in the 2nd quarter. Acadian Asset Management LLC now owns 503,815 shares of the specialty retailer’s stock worth $16,124,000 after buying an additional 423,150 shares during the period. WINTON GROUP Ltd bought a new position in XO Group, Inc. Common Stock in the 2nd quarter worth $12,113,000. BlackRock Inc. boosted its holdings in XO Group, Inc. Common Stock by 9.3% in the 2nd quarter. BlackRock Inc. now owns 3,537,109 shares of the specialty retailer’s stock worth $113,189,000 after buying an additional 300,896 shares during the period. TD Asset Management Inc. bought a new position in XO Group, Inc. Common Stock in the 2nd quarter worth $3,373,000. Finally, Dupont Capital Management Corp bought a new position in XO Group, Inc. Common Stock in the 1st quarter worth $2,097,000. 88.62% of the stock is owned by hedge funds and other institutional investors.
XO Group, Inc. Common Stock 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.
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