Beachbody (NYSE:BODI) Posts Quarterly Earnings Results, Beats Estimates By $0.99 EPS

Beachbody (NYSE:BODI) issued its quarterly earnings data on Thursday. The company reported ($1.89) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($2.88) by $0.99, Zacks reports. The business had revenue of $86.37 million for the quarter, compared to analysts’ expectations of $81.71 million. Beachbody had a negative return on equity of 94.29% and a negative net margin of 22.62%. Beachbody updated its Q1 2025 guidance to EPS.

Beachbody Trading Down 6.2 %

Shares of Beachbody stock traded down $0.50 during trading on Friday, reaching $7.51. The company’s stock had a trading volume of 13,650 shares, compared to its average volume of 17,523. The firm’s 50-day moving average is $7.29 and its two-hundred day moving average is $6.67. Beachbody has a 52-week low of $5.14 and a 52-week high of $10.80. The company has a market cap of $51.96 million, a price-to-earnings ratio of -0.48 and a beta of 1.13. The company has a quick ratio of 0.52, a current ratio of 0.64 and a debt-to-equity ratio of 0.17.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a $13.00 target price on shares of Beachbody in a research note on Friday. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $12.00.

Beachbody Company Profile

The Beachbody Company, Inc operates as a subscription health and wellness company that provides fitness, nutrition, and stress-reducing programs in the United States and internationally. The company operates Beachbody on Demand, a digital subscription platform that provides access to a library of live and on-demand fitness and nutrition content; and Beachbody on Demand Interactive (BODi) for live fitness and nutrition programs.