Zacks Investment Research lowered shares of XO Group, Inc. (NYSE:XOXO) from a hold rating to a sell rating in a report published on Thursday.

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. “

Other research analysts also recently issued reports about the stock. BidaskClub upgraded shares of XO Group from a hold rating to a buy rating in a research note on Friday, August 11th. B. Riley reiterated a neutral rating and set a $16.75 price objective on shares of XO Group in a research note on Sunday, August 6th. Roth Capital set a $21.00 price objective on shares of XO Group and gave the company a buy rating in a research note on Tuesday, August 1st. Finally, ValuEngine upgraded shares of XO Group from a sell rating to a hold rating in a research note on Friday, September 1st. One investment analyst has rated the stock with a sell rating, three have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. XO Group presently has a consensus rating of Buy and a consensus price target of $20.15.

Shares of XO Group (XOXO) opened at 20.71 on Thursday. XO Group has a 52 week low of $14.99 and a 52 week high of $20.99. The firm has a market capitalization of $516.88 million, a price-to-earnings ratio of 73.96 and a beta of 0.96. The company’s 50-day moving average is $19.02 and its 200 day moving average is $17.84.

XO Group (NYSE:XOXO) last posted its quarterly earnings data on Monday, July 31st. The specialty retailer reported $0.11 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.11. XO Group had a net margin of 4.55% and a return on equity of 4.71%. The firm had revenue of $42.20 million for the quarter, compared to the consensus estimate of $41.51 million. During the same period in the prior year, the firm posted $0.14 EPS. The firm’s revenue was up 9.0% compared to the same quarter last year. Analysts anticipate that XO Group will post $0.33 EPS for the current fiscal year.

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Large investors have recently modified their holdings of the business. Principal Financial Group Inc. raised its holdings in shares of XO Group by 3.0% during the first quarter. Principal Financial Group Inc. now owns 193,030 shares of the specialty retailer’s stock worth $3,322,000 after purchasing an additional 5,539 shares during the period. Credit Suisse AG raised its holdings in shares of XO Group by 3.8% during the first quarter. Credit Suisse AG now owns 35,903 shares of the specialty retailer’s stock worth $617,000 after purchasing an additional 1,325 shares during the period. Russell Investments Group Ltd. raised its holdings in shares of XO Group by 300.6% during the second quarter. Russell Investments Group Ltd. now owns 45,718 shares of the specialty retailer’s stock worth $806,000 after purchasing an additional 34,306 shares during the period. Parametric Portfolio Associates LLC raised its holdings in shares of XO Group by 3.5% during the first quarter. Parametric Portfolio Associates LLC now owns 47,376 shares of the specialty retailer’s stock worth $815,000 after purchasing an additional 1,607 shares during the period. Finally, Comerica Bank raised its holdings in shares of XO Group by 3.3% during the first quarter. Comerica Bank now owns 27,415 shares of the specialty retailer’s stock worth $485,000 after purchasing an additional 876 shares during the period. 83.62% 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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