Media coverage about XO Group (NYSE:XOXO) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. XO Group earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news coverage about the specialty retailer an impact score of 46.4318555851112 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have impacted Accern’s rankings:
- Financial Review: XO Group (XOXO) & Inergy (CEQP) (americanbankingnews.com)
- Brokerages Anticipate XO Group Inc. (XOXO) to Announce $0.02 EPS (americanbankingnews.com)
- FTD Companies (FTD) versus XO Group (XOXO) Financial Analysis (americanbankingnews.com)
- XO Group’s (XOXO) “Neutral” Rating Reiterated at B. Riley (americanbankingnews.com)
- Head-To-Head Comparison: Inergy (CEQP) vs. XO Group (XOXO) (americanbankingnews.com)
Several research firms recently commented on XOXO. TheStreet upgraded shares of XO Group from a “c+” rating to a “b” rating in a research report on Monday, April 9th. ValuEngine upgraded shares of XO Group from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. Zacks Investment Research upgraded shares of XO Group from a “hold” rating to a “buy” rating and set a $23.00 price objective on the stock in a research report on Wednesday, March 7th. Finally, Aegis reiterated a “buy” rating and issued a $25.00 price objective (up from $23.00) on shares of XO Group in a research report on Monday, March 5th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. XO Group presently has an average rating of “Buy” and an average price target of $21.88.
Shares of XO Group stock traded up $0.45 on Tuesday, hitting $21.70. The company’s stock had a trading volume of 16,025 shares, compared to its average volume of 120,061. XO Group has a 52-week low of $16.06 and a 52-week high of $22.54. The firm has a market capitalization of $539.32, a PE ratio of 55.46, a P/E/G ratio of 2.51 and a beta of 0.77.
XO Group (NYSE:XOXO) last released its quarterly earnings data on Thursday, March 1st. The specialty retailer reported $0.14 EPS for the quarter, topping the 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 for the quarter, compared to analyst estimates of $41.41 million. research analysts forecast that XO Group will post 0.56 earnings per share for the current fiscal year.
In related news, Director David Liu sold 275,465 shares of the business’s stock in a transaction dated Thursday, March 8th. The shares were sold at an average price of $20.38, for a total value of $5,613,976.70. Following the completion of the transaction, the director now owns 493,375 shares of the company’s stock, valued at approximately $10,054,982.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Iorio Nic Di sold 5,000 shares of the business’s stock in a transaction dated Wednesday, March 7th. The shares were sold at an average price of $20.62, for a total transaction of $103,100.00. Following the completion of the transaction, the insider now directly owns 168,127 shares of the company’s stock, valued at approximately $3,466,778.74. The disclosure for this sale can be found here. Insiders own 6.99% of the company’s stock.
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XO Group Company Profile
XO Group Inc provides multiplatform media and marketplace services to the wedding, pregnancy and parenting, and local entertainment markets primarily in the United States. It operates a network of Websites under various brands, including The Knot, which offers wedding resources and marketplaces through wedding Website and mobile apps, national and local wedding magazines, and nationally published books; and The Bump, a pregnancy and parenting brand that provides personalized information, content, and tools for navigating the journey from fertility to pregnancy and parenting through the toddler years.
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