Wall Street brokerages expect XO Group, Inc. (NYSE:XOXO) to announce $40.53 million in sales for the current quarter, according to Zacks. Two analysts have issued estimates for XO Group’s earnings. The lowest sales estimate is $40.33 million and the highest is $40.72 million. XO Group posted sales of $36.73 million in the same quarter last year, which suggests a positive year-over-year growth rate of 10.3%. The company is expected to announce its next quarterly earnings report on Wednesday, November 1st.
According to Zacks, analysts expect that XO Group will report full-year sales of $40.53 million for the current fiscal year, with estimates ranging from $161.69 million to $162.91 million. For the next fiscal year, analysts forecast that the company will post sales of $177.40 million per share, with estimates ranging from $176.84 million to $177.96 million. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that cover XO Group.
XO Group (NYSE:XOXO) last posted its quarterly earnings data on Monday, July 31st. The specialty retailer reported $0.11 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.11. The company had revenue of $42.20 million for the quarter, compared to analysts’ expectations of $41.51 million. XO Group had a net margin of 4.55% and a return on equity of 4.71%. XO Group’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.14 earnings per share.
Several equities analysts have recently weighed in on the company. ValuEngine raised XO Group from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. BidaskClub raised XO Group from a “hold” rating to a “buy” rating in a research report on Friday, August 11th. B. Riley reaffirmed a “neutral” rating and issued a $16.75 price objective on shares of XO Group in a research report on Sunday, August 6th. Roth Capital set a $21.00 price objective on XO Group and gave the company a “buy” rating in a research report on Tuesday, August 1st. Finally, Zacks Investment Research cut XO Group from a “hold” rating to a “sell” rating in a report on Thursday, July 13th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $20.15.
Shares of XO Group (NYSE:XOXO) traded down 0.94% on Monday, reaching $19.01. 41,199 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $18.45 and a 200 day moving average price of $17.61. The firm has a market cap of $474.45 million, a PE ratio of 67.89 and a beta of 0.96. XO Group has a one year low of $14.99 and a one year high of $20.99.
Hedge funds have recently modified their holdings of the business. Principal Financial Group Inc. lifted its position in shares of XO Group by 3.0% in the first quarter. Principal Financial Group Inc. now owns 193,030 shares of the specialty retailer’s stock valued at $3,322,000 after acquiring an additional 5,539 shares in the last quarter. Credit Suisse AG lifted its position in shares of XO Group by 3.8% in the first quarter. Credit Suisse AG now owns 35,903 shares of the specialty retailer’s stock valued at $617,000 after acquiring an additional 1,325 shares in the last quarter. Parametric Portfolio Associates LLC lifted its position in shares of XO Group by 3.5% in the first quarter. Parametric Portfolio Associates LLC now owns 47,376 shares of the specialty retailer’s stock valued at $815,000 after acquiring an additional 1,607 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of XO Group by 300.6% in the second quarter. Russell Investments Group Ltd. now owns 45,718 shares of the specialty retailer’s stock valued at $806,000 after acquiring an additional 34,306 shares in the last quarter. Finally, Comerica Bank lifted its position in shares of XO Group by 3.3% in the first quarter. Comerica Bank now owns 27,415 shares of the specialty retailer’s stock valued at $485,000 after acquiring an additional 876 shares in the last quarter. Institutional investors own 83.62% of the company’s stock.
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).
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