Somewhat Critical News Coverage Somewhat Unlikely to Impact YogaWorks (YOGA) Share Price
Headlines about YogaWorks (NASDAQ:YOGA) have been trending somewhat negative this week, Accern reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. YogaWorks earned a daily sentiment score of -0.02 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.7815333277893 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of YogaWorks (NASDAQ:YOGA) remained flat at $$2.55 during mid-day trading on Tuesday. 16,300 shares of the company’s stock traded hands, compared to its average volume of 73,165. YogaWorks has a 52-week low of $2.35 and a 52-week high of $5.85.
YogaWorks (NASDAQ:YOGA) last announced its quarterly earnings data on Thursday, September 21st. The company reported ($0.38) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.36) by ($0.02). The firm had revenue of $12.50 million for the quarter, compared to the consensus estimate of $12.49 million. YogaWorks had a negative net margin of 27.00% and a negative return on equity of 48.95%. The business’s revenue for the quarter was down 6.0% on a year-over-year basis. equities analysts forecast that YogaWorks will post -1.27 EPS for the current year.
Several brokerages have recently weighed in on YOGA. Zacks Investment Research cut shares of YogaWorks from a “buy” rating to a “hold” rating in a research note on Saturday, November 18th. DA Davidson began coverage on shares of YogaWorks in a research note on Wednesday, November 15th. They set a “neutral” rating and a $3.00 price target on the stock. Imperial Capital began coverage on shares of YogaWorks in a research note on Friday, November 3rd. They set an “outperform” rating and a $5.00 price target on the stock. Stephens began coverage on shares of YogaWorks in a research note on Tuesday, September 5th. They set an “overweight” rating and a $6.00 price target on the stock. Finally, Roth Capital began coverage on shares of YogaWorks in a research note on Tuesday, September 5th. They set a “buy” rating and a $7.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $5.46.
YogaWorks, Inc is a yoga instruction company. The Company provides yoga instruction in the United States with 50 company-owned studios as well as its Internet-based digital media service, MyYogaWorks.com. Its classes are designed to safely challenge practitioners of all levels, making yoga accessible to a diverse population ranging from beginners and casual practitioners to seasoned yogis and professional athletes.
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