Zacks Investment Research upgraded shares of YogaWorks, Inc. (NASDAQ:YOGA) from a hold rating to a buy rating in a report issued on Wednesday. They currently have $3.25 price target on the stock.

According to Zacks, “YogaWorks Inc. is a yoga instruction company. It offers yoga classes, integrated fitness classes, workshops, teacher training programs and yoga-related retail merchandise through its Yoga Works and Yoga Tree studios. The company operates primarily in Los Angeles, Orange County, New York City, Northern California, Boston and Baltimore/Washington D.C. YogaWorks Inc. is based in CULVER CITY, United States. “

YOGA has been the topic of a number of other research reports. Stephens assumed coverage on YogaWorks in a research note on Tuesday, September 5th. They issued an overweight rating and a $6.00 price objective on the stock. Roth Capital assumed coverage on YogaWorks in a research note on Tuesday, September 5th. They issued a buy rating and a $7.00 price objective on the stock. Guggenheim assumed coverage on YogaWorks in a research note on Tuesday, September 5th. They issued a buy rating and a $7.00 price objective on the stock. Imperial Capital assumed coverage on YogaWorks in a research note on Friday, November 3rd. They issued an outperform rating and a $5.00 price objective on the stock. Finally, Cowen and Company began coverage on YogaWorks in a research note on Tuesday, September 5th. They issued an outperform rating and a $7.00 price objective on the stock. Six investment analysts have rated the stock with a buy rating, The company presently has a consensus rating of Buy and a consensus price target of $5.88.

YogaWorks (NASDAQ YOGA) traded down $0.03 during midday trading on Wednesday, reaching $2.80. The company had a trading volume of 12,500 shares, compared to its average volume of 81,534. YogaWorks has a one year low of $2.41 and a one year high of $5.85.

YogaWorks (NASDAQ:YOGA) last released its quarterly earnings data on Thursday, September 21st. The company reported ($0.38) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.36) by ($0.02). The business had revenue of $12.50 million during the quarter, compared to analyst estimates of $12.49 million. The business’s quarterly revenue was down 6.0% on a year-over-year basis. analysts anticipate that YogaWorks will post -1.25 earnings per share for the current year.

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YogaWorks Company Profile

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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Analyst Recommendations for YogaWorks (NASDAQ:YOGA)

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