XO Group, Inc. (XOXO) Stock Rating Upgraded by Zacks Investment Research

XO Group, Inc. (NYSE:XOXO) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Wednesday.

According to Zacks, “XO Group Inc. is a media and technology company. It provides information, products and advice related to weddings and pregnancy. The Company operates Internet websites, publishes magazines and books, and produces television and video content. XO Group Inc., formerly known as The Knot, Inc., is headquartered in New York, New York. “

Several other equities research analysts have also issued reports on XOXO. BidaskClub lowered XO Group from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. B. Riley reaffirmed a “neutral” rating and set a $16.75 target price on shares of XO Group in a research report on Tuesday, August 1st. Roth Capital set a $21.00 target price on XO Group and gave the company a “buy” rating in a research report on Tuesday, August 1st. Finally, ValuEngine raised XO Group from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Five equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $20.05.

Shares of XO Group (NYSE XOXO) traded up 0.15% during trading on Wednesday, reaching $19.99. 6,542 shares of the company were exchanged. The company has a market capitalization of $498.91 million, a PE ratio of 71.39 and a beta of 0.96. The firm’s 50 day moving average price is $19.35 and its 200 day moving average price is $17.98. XO Group has a one year low of $14.99 and a one year high of $20.99.

XO Group (NYSE:XOXO) last issued its quarterly earnings data on Monday, July 31st. The specialty retailer reported $0.11 earnings per share for the quarter, meeting the consensus estimate of $0.11. XO Group had a return on equity of 4.71% and a net margin of 4.55%. The business had revenue of $42.20 million for the quarter, compared to analysts’ expectations of $41.51 million. During the same period last year, the business earned $0.14 EPS. The business’s revenue was up 9.0% on a year-over-year basis. Equities research analysts forecast that XO Group will post $0.33 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: “XO Group, Inc. (XOXO) Stock Rating Upgraded by Zacks Investment Research” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this story on another site, it was stolen and republished in violation of international copyright and trademark law. The legal version of this story can be viewed at https://ledgergazette.com/2017/10/18/xo-group-inc-xoxo-stock-rating-upgraded-by-zacks-investment-research.html.

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of XO Group by 5.8% during the 2nd quarter. Vanguard Group Inc. now owns 1,474,477 shares of the specialty retailer’s stock valued at $25,981,000 after purchasing an additional 81,288 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of XO Group by 2.1% during the 2nd quarter. Renaissance Technologies LLC now owns 1,473,300 shares of the specialty retailer’s stock valued at $25,960,000 after purchasing an additional 30,800 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of XO Group by 10.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,337,815 shares of the specialty retailer’s stock valued at $23,572,000 after purchasing an additional 129,723 shares during the last quarter. Clearbridge Investments LLC increased its position in shares of XO Group by 0.8% during the 1st quarter. Clearbridge Investments LLC now owns 908,761 shares of the specialty retailer’s stock valued at $15,640,000 after purchasing an additional 7,367 shares during the last quarter. Finally, State Street Corp increased its position in shares of XO Group by 2.6% during the 2nd quarter. State Street Corp now owns 655,761 shares of the specialty retailer’s stock valued at $11,555,000 after purchasing an additional 16,400 shares during the last quarter. 83.61% of the stock is owned by hedge funds and other institutional investors.

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).

ValuEngine raised XO Group from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Five equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $20.05.

Shares of XO Group (NYSE XOXO) traded up 0.15% during trading on Wednesday, reaching $19.99. 6,542 shares of the company were exchanged. The company has a market capitalization of $498.91 million, a PE ratio of 71.39 and a beta of 0.96. The firm’s 50 day moving average price is $19.35 and its 200 day moving average price is $17.98. XO Group has a one year low of $14.99 and a one year high of $20.99.

XO Group (NYSE:XOXO) last issued its quarterly earnings data on Monday, July 31st. The specialty retailer reported $0.11 earnings per share for the quarter, meeting the consensus estimate of $0.11. XO Group had a return on equity of 4.71% and a net margin of 4.55%. The business had revenue of $42.20 million for the quarter, compared to analysts’ expectations of $41.51 million. During the same period last year, the business earned $0.14 EPS. The business’s revenue was up 9.0% on a year-over-year basis. Equities research analysts forecast that XO Group will post $0.33 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: “XO Group, Inc. (XOXO) Stock Rating Upgraded by Zacks Investment Research” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this story on another site, it was stolen and republished in violation of international copyright and trademark law. The legal version of this story can be viewed at https://ledgergazette.com/2017/10/18/xo-group-inc-xoxo-stock-rating-upgraded-by-zacks-investment-research.html.

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of XO Group by 5.8% during the 2nd quarter. Vanguard Group Inc. now owns 1,474,477 shares of the specialty retailer’s stock valued at $25,981,000 after purchasing an additional 81,288 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of XO Group by 2.1% during the 2nd quarter. Renaissance Technologies LLC now owns 1,473,300 shares of the specialty retailer’s stock valued at $25,960,000 after purchasing an additional 30,800 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of XO Group by 10.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,337,815 shares of the specialty retailer’s stock valued at $23,572,000 after purchasing an additional 129,723 shares during the last quarter. Clearbridge Investments LLC increased its position in shares of XO Group by 0.8% during the 1st quarter. Clearbridge Investments LLC now owns 908,761 shares of the specialty retailer’s stock valued at $15,640,000 after purchasing an additional 7,367 shares during the last quarter. Finally, State Street Corp increased its position in shares of XO Group by 2.6% during the 2nd quarter. State Street Corp now owns 655,761 shares of the specialty retailer’s stock valued at $11,555,000 after purchasing an additional 16,400 shares during the last quarter. 83.61% of the stock is owned by hedge funds and other institutional investors.

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).

Analyst Recommendations for XO Group (NYSE:XOXO)

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