Wall Street analysts expect XO Group Inc (NYSE:XOXO) to report $41.41 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for XO Group’s earnings. The lowest sales estimate is $41.34 million and the highest is $41.48 million. XO Group posted sales of $41.01 million in the same quarter last year, which would indicate a positive year over year growth rate of 1%. The firm is expected to report 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 firm will report sales of $170.30 million per share, with estimates ranging from $168.40 million to $172.20 million. Zacks’ sales calculations are an average based on a survey of sell-side research firms that cover XO Group.
XO Group (NYSE:XOXO) last posted its earnings results on Tuesday, October 31st. The specialty retailer reported $0.13 EPS for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.02. XO Group had a return on equity of 5.55% and a net margin of 5.35%. The company had revenue of $40.24 million for the quarter, compared to the consensus estimate of $40.58 million. During the same quarter in the previous year, the business earned $0.07 earnings per share. The company’s revenue for the quarter was up 9.5% on a year-over-year basis.
Several research firms recently issued reports on XOXO. B. Riley reiterated a “hold” rating and issued a $19.00 price objective (up previously from $16.75) on shares of XO Group in a report on Monday, October 30th. Roth Capital set a $21.00 price objective on XO Group and gave the company a “buy” rating in a report on Tuesday, August 1st. Zacks Investment Research upgraded XO Group from a “sell” rating to a “hold” rating in a report on Wednesday, October 18th. Finally, BidaskClub downgraded XO Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $20.50.
Shares of XO Group (XOXO) opened at $18.97 on Wednesday. The stock has a market capitalization of $482.14, a price-to-earnings ratio of 50.70, a P/E/G ratio of 3.87 and a beta of 0.94. XO Group has a 1-year low of $14.99 and a 1-year high of $20.99.
Several large investors have recently added to or reduced their stakes in XOXO. Dimensional Fund Advisors LP boosted its position in shares of XO Group by 10.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,337,815 shares of the specialty retailer’s stock worth $23,572,000 after acquiring an additional 129,723 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of XO Group by 9.3% during the 1st quarter. Vanguard Group Inc. now owns 1,393,189 shares of the specialty retailer’s stock worth $23,977,000 after acquiring an additional 118,705 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of XO Group by 40.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 309,809 shares of the specialty retailer’s stock worth $5,459,000 after acquiring an additional 89,395 shares in the last quarter. Parametric Portfolio Associates LLC boosted its position in shares of XO Group by 117.6% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 103,070 shares of the specialty retailer’s stock worth $1,816,000 after acquiring an additional 55,694 shares in the last quarter. Finally, Citadel Advisors LLC boosted its position in shares of XO Group by 161.4% during the 2nd quarter. Citadel Advisors LLC now owns 73,423 shares of the specialty retailer’s stock worth $1,293,000 after acquiring an additional 45,330 shares in the last quarter. 83.25% of the stock is owned by institutional investors and hedge funds.
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).
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for XO Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XO Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.