Shares of XO Group, Inc. (NYSE:XOXO) have earned a consensus rating of “Hold” from the nine research firms that are currently covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $20.50.
Several analysts recently weighed in on the company. B. Riley restated a “hold” rating and issued a $19.00 price objective (up from $16.75) on shares of XO Group in a report on Monday, October 30th. Zacks Investment Research upgraded shares of XO Group from a “sell” rating to a “hold” rating in a report on Wednesday, October 18th. BidaskClub downgraded shares of XO Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 25th. Roth Capital reiterated a “neutral” rating and issued a $20.50 target price on shares of XO Group in a report on Thursday, October 12th. Finally, ValuEngine upgraded shares of XO Group from a “sell” rating to a “hold” rating in a report on Friday, September 1st.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its stake in shares of XO Group by 10.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,337,815 shares of the specialty retailer’s stock worth $23,572,000 after acquiring an additional 129,723 shares during the last quarter. Vanguard Group Inc. boosted its holdings in XO Group by 9.3% during the 1st quarter. Vanguard Group Inc. now owns 1,393,189 shares of the specialty retailer’s stock valued at $23,977,000 after acquiring an additional 118,705 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in XO Group by 40.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 309,809 shares of the specialty retailer’s stock valued at $5,459,000 after acquiring an additional 89,395 shares during the period. Parametric Portfolio Associates LLC boosted its holdings in XO Group by 117.6% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 103,070 shares of the specialty retailer’s stock valued at $1,816,000 after acquiring an additional 55,694 shares during the period. Finally, Citadel Advisors LLC boosted its holdings in XO Group by 161.4% during the 2nd quarter. Citadel Advisors LLC now owns 73,423 shares of the specialty retailer’s stock valued at $1,293,000 after acquiring an additional 45,330 shares during the period. 84.43% of the stock is owned by hedge funds and other institutional investors.
XO Group (NYSE:XOXO) last issued its earnings results on Tuesday, October 31st. The specialty retailer reported $0.13 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.02. The firm had revenue of $40.24 million during the quarter, compared to analyst estimates of $40.58 million. XO Group had a net margin of 5.35% and a return on equity of 5.55%. The business’s revenue was up 9.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.07 earnings per share. sell-side analysts predict that XO Group will post 0.32 EPS for the current fiscal year.
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XO Group Company Profile
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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