Yogaworks (YOGA) Lifted to Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of Yogaworks (NASDAQ:YOGA) from a hold rating to a buy rating in a research note released on Saturday morning. They currently have $0.75 price objective on the stock.

According to Zacks, “YogaWorks Inc. is a yoga instruction company. It offers yoga classes, integrated fitness classes, workshops, teacher training programs and yoga-related retail merchandise through its Yoga Works and Yoga Tree studios. The company operates primarily in Los Angeles, Orange County, New York City, Northern California, Boston and Baltimore/Washington D.C. YogaWorks Inc. is based in CULVER CITY, United States. “

Shares of NASDAQ:YOGA opened at $0.55 on Friday. Yogaworks has a 1-year low of $0.37 and a 1-year high of $2.99.

Yogaworks (NASDAQ:YOGA) last issued its quarterly earnings results on Wednesday, November 14th. The company reported ($0.84) earnings per share for the quarter, missing the consensus estimate of ($0.29) by ($0.55). Yogaworks had a negative net margin of 60.43% and a negative return on equity of 79.89%. The firm had revenue of $15.15 million for the quarter, compared to analysts’ expectations of $14.41 million. On average, equities analysts forecast that Yogaworks will post -1.77 earnings per share for the current year.

Yogaworks Company Profile

YogaWorks, Inc operates yoga studios under the YogaWorks and Yoga Tree brand names in the United States. It primarily provides yoga classes, workshops, teacher training programs, and yoga-related retail merchandise. The company offers online yoga instruction and programming services through its MyYogaWorks Web platform.

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