XO Group (NYSE:XOXO) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors 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 analysts have also recently commented on XOXO. BidaskClub upgraded shares of XO Group from a “hold” rating to a “buy” rating in a report on Friday, August 11th. ValuEngine upgraded shares of XO Group from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Roth Capital restated a “neutral” rating and set a $20.50 price target on shares of XO Group in a report on Thursday, October 12th. Finally, B. Riley restated a “hold” rating and set a $19.00 price target (up from $16.75) on shares of XO Group in a report on Monday, October 30th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $20.50.

XO Group (NYSE:XOXO) opened at $18.35 on Friday. XO Group has a fifty-two week low of $14.99 and a fifty-two week high of $20.99. The company has a market cap of $471.60, a PE ratio of 49.59, a price-to-earnings-growth ratio of 3.78 and a beta of 0.91.

XO Group (NYSE:XOXO) last announced its earnings results on Tuesday, October 31st. The specialty retailer reported $0.13 EPS for the quarter, topping the consensus estimate of $0.11 by $0.02. The company had revenue of $40.24 million during the quarter, compared to analysts’ expectations of $40.58 million. XO Group had a net margin of 5.35% and a return on equity of 5.55%. The business’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same period last year, the company posted $0.07 earnings per share. equities research analysts expect that XO Group will post 0.32 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Macquarie Group Ltd. acquired a new stake in XO Group in the third quarter valued at approximately $132,000. BNP Paribas Arbitrage SA lifted its stake in XO Group by 88.9% in the second quarter. BNP Paribas Arbitrage SA now owns 8,943 shares of the specialty retailer’s stock valued at $158,000 after acquiring an additional 4,209 shares during the last quarter. Cornerstone Capital Management Holdings LLC. acquired a new stake in XO Group in the second quarter valued at approximately $302,000. Alliancebernstein L.P. acquired a new stake in XO Group in the second quarter valued at approximately $319,000. Finally, Voya Investment Management LLC lifted its stake in XO Group by 9.6% in the second quarter. Voya Investment Management LLC now owns 18,136 shares of the specialty retailer’s stock valued at $320,000 after acquiring an additional 1,593 shares during the last quarter. Hedge funds and other institutional investors own 84.43% of the company’s stock.

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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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