Several other equities analysts have also commented on the company. Zacks Investment Research upgraded Yogaworks from a “hold” rating to a “buy” rating and set a $0.75 target price for the company in a research note on Thursday, May 23rd. Imperial Capital lowered their price target on Yogaworks from $3.50 to $2.00 and set an “outperform” rating for the company in a research report on Thursday, April 4th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $3.25.
Yogaworks stock opened at $0.56 on Tuesday. The firm has a market capitalization of $10.41 million, a price-to-earnings ratio of -0.26 and a beta of 1.17. The firm has a fifty day simple moving average of $0.71. Yogaworks has a 52 week low of $0.37 and a 52 week high of $2.18.
A number of hedge funds have recently bought and sold shares of the business. Hayden Royal LLC purchased a new stake in shares of Yogaworks during the first quarter worth about $46,000. Wedbush Securities Inc. grew its stake in shares of Yogaworks by 108.3% during the first quarter. Wedbush Securities Inc. now owns 47,026 shares of the company’s stock worth $43,000 after acquiring an additional 24,447 shares during the last quarter. Finally, Mount Vernon Associates Inc. MD purchased a new stake in shares of Yogaworks during the first quarter worth about $193,000. 6.55% of the stock is owned by hedge funds and other institutional investors.
YogaWorks, Inc operates yoga studios under the YogaWorks and Yoga Tree brand names in the United States. It primarily provides yoga classes, workshops, teacher training programs, and yoga-related retail merchandise. The company offers online yoga instruction and programming services through its MyYogaWorks Web platform.
Featured Story: Trading Options- What is a Strangle?
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Yogaworks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yogaworks and related companies with MarketBeat.com's FREE daily email newsletter.