XO Group Inc (XOXO) Expected to Post Quarterly Sales of $41.41 Million

Analysts forecast that XO Group Inc (NYSE:XOXO) will report $41.41 million in sales for the current quarter, according to Zacks. Two analysts have made estimates for XO Group’s earnings. The highest sales estimate is $41.48 million and the lowest is $41.34 million. XO Group reported sales of $41.01 million during the same quarter last year, which indicates a positive year over year growth rate of 1%. The business is scheduled to issue its next quarterly earnings results on Tuesday, February 27th.

On average, analysts expect that XO Group will report full year sales of $41.41 million for the current year, with estimates ranging from $159.56 million to $159.70 million. For the next year, analysts expect that the business will post sales of $170.30 million per share, with estimates ranging from $168.40 million to $172.20 million. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that follow XO Group.

Several analysts have commented on XOXO shares. Zacks Investment Research cut shares of XO Group from a “hold” rating to a “sell” rating in a research note on Saturday, January 6th. B. Riley reiterated a “hold” rating and issued a $19.00 price target (up previously from $16.75) on shares of XO Group in a research note on Monday, October 30th. Finally, BidaskClub cut shares of XO Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 25th. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $19.38.

Shares of XO Group (NYSE:XOXO) traded up $0.06 during mid-day trading on Friday, reaching $18.56. 61,883 shares of the company’s stock traded hands, compared to its average volume of 85,566. The stock has a market cap of $484.96, a PE ratio of 51.00, a P/E/G ratio of 2.57 and a beta of 0.92. XO Group has a 1-year low of $14.99 and a 1-year high of $20.96.

Hedge funds and other institutional investors have recently made changes to their positions in the company. LS Investment Advisors LLC raised its position in shares of XO Group by 643.0% during the 4th quarter. LS Investment Advisors LLC now owns 6,122 shares of the specialty retailer’s stock valued at $113,000 after buying an additional 5,298 shares in the last quarter. Macquarie Group Ltd. purchased a new stake in shares of XO Group during the 3rd quarter valued at about $132,000. Louisiana State Employees Retirement System purchased a new stake in shares of XO Group during the 4th quarter valued at about $192,000. Crossmark Global Holdings Inc. purchased a new stake in shares of XO Group during the 4th quarter valued at about $236,000. Finally, Cornerstone Capital Management Holdings LLC. purchased a new stake in shares of XO Group during the 2nd quarter valued at about $302,000. Hedge funds and other institutional investors own 84.65% 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).

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