XO Group, Inc. (XOXO) Receives $20.50 Consensus Price Target from Analysts

Shares of XO Group, Inc. (NYSE:XOXO) have earned a consensus rating of “Hold” from the nine research firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $20.50.

XOXO has been the subject of several recent analyst reports. Zacks Investment Research cut XO Group from a “hold” rating to a “sell” rating in a research note on Wednesday, November 8th. BidaskClub cut XO Group from a “buy” rating to a “hold” rating in a research note on Saturday, November 4th. B. Riley boosted their target price on XO Group from $16.75 to $19.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 1st. Roth Capital restated a “neutral” rating and set a $20.50 target price on shares of XO Group in a research note on Thursday, October 12th. Finally, ValuEngine upgraded XO Group from a “sell” rating to a “hold” rating in a research note on Friday, September 1st.

Several institutional investors have recently bought and sold shares of the stock. OxFORD Asset Management LLP boosted its stake in shares of XO Group by 4.0% in the third quarter. OxFORD Asset Management LLP now owns 163,389 shares of the specialty retailer’s stock valued at $3,216,000 after buying an additional 6,275 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its stake in shares of XO Group by 6.3% in the third quarter. Schwab Charles Investment Management Inc. now owns 117,215 shares of the specialty retailer’s stock valued at $2,306,000 after buying an additional 6,982 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of XO Group by 38.5% in the third quarter. Wells Fargo & Company MN now owns 78,979 shares of the specialty retailer’s stock valued at $1,553,000 after buying an additional 21,958 shares in the last quarter. Macquarie Group Ltd. purchased a new stake in shares of XO Group in the third quarter valued at approximately $132,000. Finally, Russell Investments Group Ltd. boosted its stake in shares of XO Group by 6.8% in the third quarter. Russell Investments Group Ltd. now owns 48,840 shares of the specialty retailer’s stock valued at $960,000 after buying an additional 3,122 shares in the last quarter. Hedge funds and other institutional investors own 83.25% of the company’s stock.

Shares of XO Group (NYSE XOXO) traded up $0.22 on Friday, hitting $18.97. The stock had a trading volume of 80,700 shares, compared to its average volume of 108,296. The stock has a market cap of $486.25, a PE ratio of 50.68, a PEG ratio of 3.87 and a beta of 0.94. XO Group has a fifty-two week low of $14.99 and a fifty-two week high of $20.99.

XO Group (NYSE:XOXO) last announced its quarterly earnings data on Tuesday, October 31st. The specialty retailer reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.02. The business had revenue of $40.24 million during the quarter, compared to analysts’ expectations of $40.58 million. XO Group had a return on equity of 5.55% and a net margin of 5.35%. The business’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.07 EPS. equities analysts forecast that XO Group will post 0.32 earnings per share for the current fiscal year.

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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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