XO Group (XOXO) Receiving Somewhat Favorable Media Coverage, Analysis Finds
News articles about XO Group (NYSE:XOXO) have been trending somewhat positive on Monday, according to Accern Sentiment. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. XO Group earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media coverage about the specialty retailer an impact score of 45.2205198799567 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
- B. Riley Reiterates “Hold” Rating for XO Group, Inc. (XOXO) (americanbankingnews.com)
- ETFs with exposure to XO Group, Inc. : October 27, 2017 (finance.yahoo.com)
- XO Group, Inc. (XOXO) Expected to Post Quarterly Sales of $40.76 Million (americanbankingnews.com)
- XO Group Inc. Schedules Third Quarter 2017 Conference Call For October 31st At 8:00 a.m. Eastern Time (finance.yahoo.com)
- XO Group, Inc. (XOXO) to Release Earnings on Tuesday (americanbankingnews.com)
XO Group (NYSE:XOXO) traded down 2.12% during mid-day trading on Monday, reaching $19.42. 101,595 shares of the company’s stock were exchanged. XO Group has a 1-year low of $14.99 and a 1-year high of $20.99. The firm’s 50-day moving average is $19.67 and its 200 day moving average is $18.20. The stock has a market capitalization of $484.68 million, a PE ratio of 69.36 and a beta of 0.96.
XO Group (NYSE:XOXO) last announced its quarterly earnings results on Monday, July 31st. The specialty retailer reported $0.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.11. XO Group had a net margin of 4.55% and a return on equity of 4.71%. The company had revenue of $42.20 million for the quarter, compared to the consensus estimate of $41.51 million. During the same quarter in the prior year, the firm earned $0.14 earnings per share. The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. Analysts forecast that XO Group will post $0.33 earnings per share for the current fiscal year.
A number of research analysts recently weighed in on XOXO shares. BidaskClub raised shares of XO Group from a “hold” rating to a “buy” rating in a research note on Friday, August 11th. Roth Capital set a $21.00 price target on shares of XO Group and gave the company a “buy” rating in a research note on Tuesday, August 1st. Zacks Investment Research upgraded shares of XO Group from a “sell” rating to a “hold” rating in a report on Wednesday, October 18th. B. Riley reiterated a “hold” rating and issued a $16.75 price objective on shares of XO Group in a report on Monday. Finally, ValuEngine upgraded shares of XO Group from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $20.05.
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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).
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