Wall Street brokerages expect XO Group, Inc. (NYSE:XOXO) to announce sales of $41.41 million for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for XO Group’s earnings. The lowest sales estimate is $41.34 million and the highest is $41.48 million. XO Group reported sales of $41.01 million in the same quarter last year, which would suggest a positive year over year growth rate of 1%. The business is scheduled to announce its next 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 year, with estimates ranging from $159.56 million to $159.70 million. For the next year, analysts forecast that the business 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 calculations are a mean average based on a survey of research analysts that cover XO Group.
XO Group (NYSE:XOXO) last posted its earnings results on Tuesday, October 31st. The specialty retailer reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.02. XO Group had a net margin of 5.35% and a return on equity of 5.55%. The business had revenue of $40.24 million for the quarter, compared to analyst estimates of $40.58 million. During the same period in the prior year, the company posted $0.07 EPS. The company’s revenue for the quarter was up 9.5% on a year-over-year basis.
Several research analysts recently weighed in on XOXO shares. Zacks Investment Research downgraded shares of XO Group from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. ValuEngine upgraded shares of XO Group from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. BidaskClub upgraded shares of XO Group from a “buy” rating to a “strong-buy” rating in a research report on Thursday, September 28th. B. Riley upped their price target on shares of XO Group from $16.75 to $19.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 1st. Finally, Roth Capital restated a “neutral” rating and set a $20.50 price target on shares of XO Group in a research report on Thursday, October 12th. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $20.50.
XO Group (NYSE:XOXO) traded down $0.25 on Friday, hitting $18.37. 51,239 shares of the company traded hands, compared to its average volume of 105,607. XO Group has a 52-week low of $14.99 and a 52-week high of $20.99. The firm has a market cap of $482.65, a P/E ratio of 50.76, a PEG ratio of 3.87 and a beta of 0.91.
Several institutional investors and hedge funds have recently added to or reduced their stakes in XOXO. Dimensional Fund Advisors LP raised its holdings in 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 valued at $23,572,000 after acquiring an additional 129,723 shares during the last quarter. Vanguard Group Inc. raised its holdings in XO Group by 9.3% in 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 last quarter. Arrowstreet Capital Limited Partnership raised its holdings in XO Group by 40.6% in 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 last quarter. Parametric Portfolio Associates LLC raised its holdings in XO Group by 117.6% in 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 last quarter. Finally, Citadel Advisors LLC raised its holdings in XO Group by 161.4% in 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 last quarter. Hedge funds and other institutional investors own 84.43% of the company’s stock.
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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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