$37.57 Million in Sales Expected for XO Group Inc (XOXO) This Quarter

Analysts expect XO Group Inc (NYSE:XOXO) to announce $37.57 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for XO Group’s earnings, with the highest sales estimate coming in at $37.69 million and the lowest estimate coming in at $37.45 million. XO Group reported sales of $35.76 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 5.1%. The firm is expected to report its next quarterly earnings report on Tuesday, May 8th.

According to Zacks, analysts expect that XO Group will report full-year sales of $37.57 million for the current financial year, with estimates ranging from $167.70 million to $169.64 million. For the next financial year, analysts expect that the firm will report sales of $180.60 million per share, with estimates ranging from $175.90 million to $185.29 million. Zacks’ sales averages are a mean average based on a survey of research analysts that cover XO Group.

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XO Group (NYSE:XOXO) last issued its quarterly earnings data on Thursday, March 1st. The specialty retailer reported $0.14 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.03. XO Group had a net margin of 3.45% and a return on equity of 5.76%. The business had revenue of $42.33 million during the quarter, compared to analysts’ expectations of $41.41 million.

A number of research analysts have recently weighed in 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, December 9th. TheStreet cut shares of XO Group from a “b” rating to a “c+” rating in a research note on Thursday, March 1st. Finally, Aegis reissued a “buy” rating and set a $25.00 price objective (up from $23.00) on shares of XO Group in a research note on Monday, March 5th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $21.88.

Shares of XOXO opened at $20.75 on Monday. XO Group has a 1-year low of $16.06 and a 1-year high of $22.54. The company has a market cap of $533.42, a PE ratio of 53.21, a price-to-earnings-growth ratio of 2.49 and a beta of 0.88.

In related news, Director David Liu sold 275,465 shares of the firm’s stock in a transaction that occurred on Thursday, March 8th. The shares were sold at an average price of $20.38, for a total transaction of $5,613,976.70. Following the sale, the director now owns 493,375 shares in the company, valued at $10,054,982.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Iorio Nic Di sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 7th. The stock was sold at an average price of $20.62, for a total transaction of $103,100.00. Following the sale, the insider now owns 168,127 shares in the company, valued at approximately $3,466,778.74. The disclosure for this sale can be found here. 6.80% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in XOXO. LS Investment Advisors LLC boosted its holdings in shares of XO Group by 643.0% in the 4th quarter. LS Investment Advisors LLC now owns 6,122 shares of the specialty retailer’s stock valued at $113,000 after purchasing an additional 5,298 shares during the last quarter. Macquarie Group Ltd. acquired a new position in shares of XO Group in the 3rd quarter valued at $132,000. Louisiana State Employees Retirement System acquired a new position in shares of XO Group in the 4th quarter valued at $192,000. MetLife Investment Advisors LLC acquired a new position in shares of XO Group in the 4th quarter valued at $209,000. Finally, Crossmark Global Holdings Inc. acquired a new position in shares of XO Group in the 4th quarter valued at $236,000. Hedge funds and other institutional investors own 85.43% of the company’s stock.

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About XO Group

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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