YOGAWORKS INC (YOGA) Announces Earnings Results
YOGAWORKS INC (NASDAQ:YOGA) posted its quarterly earnings results on Thursday. The company reported ($0.38) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.36) by ($0.02), Morningstar.com reports. The business had revenue of $12.50 million during the quarter, compared to the consensus estimate of $12.49 million. The business’s revenue was down 6.0% compared to the same quarter last year.
Shares of YOGAWORKS INC (NASDAQ:YOGA) opened at 4.00 on Friday. The firm’s market cap is $35.64 million. The stock’s 50 day moving average price is $5.50 and its 200-day moving average price is $5.50. YOGAWORKS INC has a 52-week low of $3.29 and a 52-week high of $5.85.
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A number of analysts have weighed in on YOGA shares. Stephens started coverage on YOGAWORKS INC in a research note on Tuesday, September 5th. They issued an “overweight” rating and a $6.00 price target on the stock. Guggenheim assumed coverage on YOGAWORKS INC in a research note on Tuesday, September 5th. They issued a “buy” rating and a $7.00 price target on the stock. Cowen and Company assumed coverage on YOGAWORKS INC in a research report on Tuesday, September 5th. They set an “outperform” rating and a $7.00 target price on the stock. Finally, Roth Capital assumed coverage on YOGAWORKS INC in a research report on Tuesday, September 5th. They set a “buy” rating and a $7.00 target price on the stock.
YOGAWORKS INC Company Profile
YogaWorks, Inc is a yoga instruction company. The Company provides yoga instruction in the United States with 50 company-owned studios as well as its Internet-based digital media service, MyYogaWorks.com. Its classes are designed to safely challenge practitioners of all levels, making yoga accessible to a diverse population ranging from beginners and casual practitioners to seasoned yogis and professional athletes.
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