Favorable News Coverage Somewhat Unlikely to Affect XO Group (XOXO) Stock Price
Media headlines about XO Group (NYSE:XOXO) have trended positive on Saturday, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. XO Group earned a news impact score of 0.28 on Accern’s scale. Accern also assigned press coverage about the specialty retailer an impact score of 46.7356534993277 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news stories that may have effected Accern’s analysis:
- Spark Investment Management LLC Acquires 13,077 Shares of XO Group Inc (XOXO) (americanbankingnews.com)
- XO Group (XOXO) Lowered to C+ at TheStreet (americanbankingnews.com)
- XO Group (XOXO) Posts Earnings Results, Beats Expectations By $0.03 EPS (americanbankingnews.com)
- Why XO Group Inc (NYSE:XOXO) Delivered An Inferior ROE Compared To The Industry (finance.yahoo.com)
- XO Group Inc. to Host Earnings Call (money.ca)
Shares of XO Group (XOXO) traded up $1.28 during trading hours on Friday, reaching $20.40. 255,276 shares of the company were exchanged, compared to its average volume of 98,492. The company has a market capitalization of $493.45, a PE ratio of 92.73, a price-to-earnings-growth ratio of 2.61 and a beta of 0.88. XO Group has a 1 year low of $16.05 and a 1 year high of $20.96.
A number of analysts recently weighed in on the stock. TheStreet cut shares of XO Group from a “b” rating to a “c+” rating in a report on Thursday. Zacks Investment Research restated a “hold” rating on shares of XO Group in a report on Saturday, January 13th. Finally, BidaskClub cut shares of XO Group from a “buy” rating to a “hold” rating in a report on Saturday, November 4th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. XO Group has a consensus rating of “Hold” and an average target price of $20.17.
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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