Brokerages forecast that XO Group, Inc. (NYSE:XOXO) will post $41.41 million in sales for the current quarter, Zacks reports. Two analysts have made estimates for XO Group’s earnings, with the lowest sales estimate coming in at $41.34 million and the highest estimate coming in at $41.48 million. XO Group posted sales of $41.01 million in the same quarter last year, which suggests a positive year-over-year growth rate of 1%. The firm is scheduled to announce its next quarterly earnings results on Tuesday, February 27th.
According to Zacks, analysts expect that XO Group will report full year sales of $41.41 million for the current financial year, with estimates ranging from $159.56 million to $159.70 million. For the next fiscal year, analysts anticipate that the company will report sales of $170.30 million per share, with estimates ranging from $168.40 million to $172.20 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that that provide coverage for XO Group.
XO Group (NYSE:XOXO) last announced its quarterly earnings results on Tuesday, October 31st. The specialty retailer reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. The firm had revenue of $40.24 million for the quarter, compared to the consensus estimate of $40.58 million. XO Group had a net margin of 5.35% and a return on equity of 5.55%. The business’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.07 EPS.
A number of brokerages have recently issued reports on XOXO. B. Riley reaffirmed a “hold” rating and set a $19.00 price target (up previously from $16.75) on shares of XO Group in a report on Monday, October 30th. Roth Capital set a $21.00 price target on shares of XO Group and gave the company a “buy” rating in a report on Tuesday, August 1st. Zacks Investment Research raised shares of XO Group from a “sell” rating to a “hold” rating in a report on Wednesday, October 18th. Finally, BidaskClub downgraded shares of XO Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 25th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $20.50.
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Citigroup Inc. boosted its holdings in shares of XO Group by 0.4% in the second quarter. Citigroup Inc. now owns 44,450 shares of the specialty retailer’s stock worth $784,000 after buying an additional 199 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of XO Group by 1.1% in the second quarter. The Manufacturers Life Insurance Company now owns 20,471 shares of the specialty retailer’s stock worth $361,000 after buying an additional 226 shares during the last quarter. Thrivent Financial For Lutherans boosted its holdings in shares of XO Group by 3.1% in the first quarter. Thrivent Financial For Lutherans now owns 13,830 shares of the specialty retailer’s stock worth $238,000 after buying an additional 410 shares during the last quarter. First Midwest Bank Trust Division boosted its holdings in shares of XO Group by 3.3% in the second quarter. First Midwest Bank Trust Division now owns 22,352 shares of the specialty retailer’s stock worth $394,000 after buying an additional 722 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan boosted its holdings in shares of XO Group by 3.9% in the second quarter. Municipal Employees Retirement System of Michigan now owns 28,780 shares of the specialty retailer’s stock worth $507,000 after buying an additional 1,090 shares during the last quarter. 83.25% of the stock is currently owned by institutional investors.
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Shares of XO Group (XOXO) traded down $0.10 during midday trading on Wednesday, hitting $19.19. 48,492 shares of the stock were exchanged, compared to its average volume of 107,682. The stock has a market cap of $487.54, a P/E ratio of 51.27, a PEG ratio of 3.91 and a beta of 0.94. XO Group has a 12-month low of $14.99 and a 12-month high of $20.99.
About XO Group
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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