Zacks Investment Research upgraded shares of XO Group, Inc. (NYSE:XOXO) from a sell rating to a hold rating in a research report released on Saturday.

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. “

Several other equities research analysts also recently weighed in on the company. BidaskClub downgraded XO Group from a buy rating to a hold rating in a report on Saturday, November 4th. B. Riley lifted their target price on XO Group from $16.75 to $19.00 and gave the stock a neutral rating in a report on Wednesday, November 1st. Roth Capital reaffirmed a neutral rating and set a $20.50 target price on shares of XO Group in a report on Thursday, October 12th. Finally, ValuEngine raised XO Group from a sell rating to a hold rating in a report on Friday, September 1st. Six analysts have rated the stock with a hold rating and three have given a buy rating to the stock. XO Group presently has a consensus rating of Hold and an average price target of $20.50.

Shares of XO Group (XOXO) opened at $19.55 on Friday. XO Group has a twelve month low of $14.99 and a twelve month high of $20.99. The firm has a market capitalization of $494.99, a price-to-earnings ratio of 51.87, a P/E/G ratio of 3.96 and a beta of 0.94.

XO Group (NYSE:XOXO) last released its quarterly earnings data on Tuesday, October 31st. The specialty retailer reported $0.13 earnings per share for the quarter, beating the Thomson Reuters’ 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 last year, the business posted $0.07 EPS. XO Group’s revenue for the quarter was up 9.5% on a year-over-year basis. equities research analysts anticipate that XO Group will post 0.32 earnings per share for the current year.

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Several large investors have recently made changes to their positions in the company. GSA Capital Partners LLP acquired a new position in shares of XO Group in the 3rd quarter valued at about $730,000. OxFORD Asset Management LLP lifted its stake in shares of XO Group by 4.0% in the 3rd quarter. OxFORD Asset Management LLP now owns 163,389 shares of the specialty retailer’s stock valued at $3,216,000 after purchasing an additional 6,275 shares during the period. Schwab Charles Investment Management Inc. lifted its stake in shares of XO Group by 6.3% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 117,215 shares of the specialty retailer’s stock valued at $2,306,000 after purchasing an additional 6,982 shares during the period. Wells Fargo & Company MN lifted its stake in shares of XO Group by 38.5% in the 3rd quarter. Wells Fargo & Company MN now owns 78,979 shares of the specialty retailer’s stock valued at $1,553,000 after purchasing an additional 21,958 shares during the period. Finally, Macquarie Group Ltd. acquired a new position in shares of XO Group in the 3rd quarter valued at about $132,000. 84.08% of the stock is currently owned by 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).

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Analyst Recommendations for XO Group (NYSE:XOXO)

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