XO Group, Inc. (XOXO) Receives $31.67 Consensus Target Price from Analysts

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Shares of XO Group, Inc. (NYSE:XOXO) have been assigned a consensus rating of “Hold” from the six research firms that are presently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $31.67.

A number of research firms recently issued reports on XOXO. ValuEngine upgraded XO Group from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, September 26th. B. Riley downgraded XO Group from a “buy” rating to a “neutral” rating and lifted their target price for the company from $32.00 to $35.00 in a research note on Wednesday, September 26th. Zacks Investment Research downgraded XO Group from a “buy” rating to a “hold” rating in a research note on Wednesday, November 7th. Finally, Aegis reaffirmed a “hold” rating and set a $34.00 target price on shares of XO Group in a research note on Thursday, September 27th.

NYSE:XOXO opened at $34.99 on Friday. XO Group has a 12-month low of $17.49 and a 12-month high of $35.83. The company has a market cap of $907.05 million, a P/E ratio of 89.72 and a beta of 0.71.

XO Group (NYSE:XOXO) last released its quarterly earnings data on Thursday, November 1st. The specialty retailer reported $0.19 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.01. XO Group had a return on equity of 9.17% and a net margin of 8.17%. The business had revenue of $43.06 million during the quarter, compared to analyst estimates of $42.79 million. Equities analysts forecast that XO Group will post 0.66 earnings per share for the current fiscal year.

A number of institutional investors have recently made changes to their positions in XOXO. Mint Tower Capital Management B.V. acquired a new stake in shares of XO Group during the third quarter worth $172,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of XO Group during the third quarter worth $203,000. Xact Kapitalforvaltning AB acquired a new stake in shares of XO Group during the third quarter worth $210,000. Cubist Systematic Strategies LLC acquired a new stake in shares of XO Group during the second quarter worth $222,000. Finally, ARP Americas LP acquired a new stake in shares of XO Group during the third quarter worth $223,000. 87.98% of the stock is currently owned by hedge funds and other institutional investors.

XO Group 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.

Further Reading: Return on Investment (ROI) Defined, Explained

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