MINDBODY (MB) Scheduled to Post Quarterly Earnings on Wednesday

MINDBODY (NASDAQ:MB) will issue its quarterly earnings data after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.01 per share for the quarter.

MINDBODY (NASDAQ:MB) opened at $31.70 on Wednesday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 9.20 and a current ratio of 9.20. MINDBODY has a 12 month low of $21.57 and a 12 month high of $36.25. The firm has a market cap of $1,480.00 and a price-to-earnings ratio of -85.68.

MB has been the topic of a number of recent analyst reports. DA Davidson initiated coverage on shares of MINDBODY in a research note on Wednesday, November 15th. They set a “buy” rating and a $42.00 price target on the stock. Jefferies Group raised shares of MINDBODY from a “hold” rating to a “buy” rating and set a $26.00 price objective on the stock in a research note on Monday, January 8th. BidaskClub cut shares of MINDBODY from a “strong-buy” rating to a “buy” rating in a research note on Thursday, December 7th. UBS Group reissued a “buy” rating and issued a $40.00 price objective (up from $34.00) on shares of MINDBODY in a research note on Thursday, November 9th. Finally, Zacks Investment Research cut shares of MINDBODY from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. MINDBODY presently has an average rating of “Buy” and an average target price of $34.32.

In other MINDBODY news, CEO Richard Lee Stollmeyer sold 17,739 shares of the company’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $31.95, for a total value of $566,761.05. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Brett T. White sold 10,000 shares of the company’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $31.94, for a total transaction of $319,400.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 92,348 shares of company stock worth $2,883,809. 8.22% of the stock is owned by corporate insiders.

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MINDBODY Company Profile

MINDBODY, Inc is a provider of cloud-based business management software for the wellness services industry and operates as a consumer marketplace with local business subscribers on its platform. The Company’s subscribers provide a range of wellness services to active consumers. Its integrated software and payments platform helps business owners in the wellness services industry run, market and build their businesses.

Earnings History for MINDBODY (NASDAQ:MB)

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