XO Group, Inc. (NYSE:XOXO) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Thursday.

According to Zacks, “XO Group Inc. is a media and technology company. It provides information, products and advice related to weddings and pregnancy. The Company operates Internet websites, publishes magazines and books, and produces television and video content. XO Group Inc., formerly known as The Knot, Inc., is headquartered in New York, New York. “

XOXO has been the topic of several other research reports. B. Riley reaffirmed a “neutral” rating and set a $16.75 price target on shares of XO Group in a report on Tuesday, August 1st. Roth Capital set a $21.00 price target on shares of XO Group and gave the company a “buy” rating in a report on Tuesday, August 1st. BidaskClub raised shares of XO Group from a “hold” rating to a “buy” rating in a report on Friday, August 11th. Finally, ValuEngine raised shares of XO Group from a “sell” rating to a “hold” rating in a report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $20.15.

Shares of XO Group (XOXO) opened at 20.94 on Thursday. XO Group has a 12-month low of $14.99 and a 12-month high of $20.99. The company has a market cap of $522.62 million, a price-to-earnings ratio of 74.79 and a beta of 0.96. The company’s 50-day moving average is $18.87 and its 200-day moving average is $17.80.

XO Group (NYSE:XOXO) last issued its quarterly earnings results on Monday, July 31st. The specialty retailer reported $0.11 earnings per share 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 business had revenue of $42.20 million for the quarter, compared to the consensus estimate of $41.51 million. During the same quarter in the previous year, the firm earned $0.14 earnings per share. The company’s revenue for the quarter was up 9.0% on a year-over-year basis. Equities research analysts predict that XO Group will post $0.33 earnings per share for the current year.

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Several hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of XO Group by 5.8% in the second quarter. Vanguard Group Inc. now owns 1,474,477 shares of the specialty retailer’s stock worth $25,981,000 after buying an additional 81,288 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of XO Group by 2.1% in the second quarter. Renaissance Technologies LLC now owns 1,473,300 shares of the specialty retailer’s stock worth $25,960,000 after buying an additional 30,800 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of XO Group by 10.7% in the second quarter. Dimensional Fund Advisors LP now owns 1,337,815 shares of the specialty retailer’s stock worth $23,572,000 after buying an additional 129,723 shares in the last quarter. Clearbridge Investments LLC lifted its holdings in shares of XO Group by 0.8% in the first quarter. Clearbridge Investments LLC now owns 908,761 shares of the specialty retailer’s stock worth $15,640,000 after buying an additional 7,367 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of XO Group by 2.6% in the second quarter. State Street Corp now owns 655,761 shares of the specialty retailer’s stock worth $11,555,000 after buying an additional 16,400 shares in the last quarter. 83.62% of the stock is currently owned by hedge funds and other institutional investors.

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).

Analyst Recommendations for XO Group (NYSE:XOXO)

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