Worth Watching: After Making 52-Week High, Is XO Group Inc’s Near-Term Analysis Positive?

Worth Watching: After Making 52 Week High, Is XO Group Inc's Near Term Analysis Positive?

The stock of XO Group Inc (NYSE:XOXO) hit a new 52-week high and has $24.90 target or 26.00% above today’s $19.76 share price. The 9 months bullish chart indicates low risk for the $520.70M company. The 1-year high was reported on Oct, 7 by Barchart.com. If the $24.90 price target is reached, the company will be worth $135.38 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 35,441 shares traded hands. XO Group Inc (NYSE:XOXO) has risen 23.13% since March 4, 2016 and is uptrending. It has outperformed by 15.09% the S&P500.

Analysts await XO Group Inc (NYSE:XOXO) to report earnings on November, 1. They expect $0.10 EPS, up 25.00% or $0.02 from last year’s $0.08 per share. XOXO’s profit will be $2.64 million for 49.40 P/E if the $0.10 EPS becomes a reality. After $0.14 actual EPS reported by XO Group Inc for the previous quarter, Wall Street now forecasts -28.57% negative EPS growth.

According to Zacks Investment Research, “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.”

Insitutional Activity: The institutional sentiment decreased to 1.04 in Q2 2016. Its down 0.40, from 1.44 in 2016Q1. The ratio is negative, as 9 funds sold all XO Group Inc shares owned while 42 reduced positions. 13 funds bought stakes while 40 increased positions. They now own 21.38 million shares or 1.16% more from 21.13 million shares in 2016Q1.
Retail Bank Of America Corporation De holds 0% of its portfolio in XO Group Inc (NYSE:XOXO) for 15,939 shares. Pinebridge Investments L P reported 3,025 shares or 0% of all its holdings. Aqr Mngmt Ltd Com holds 0% of its portfolio in XO Group Inc (NYSE:XOXO) for 88,154 shares. Sunbelt Secs reported 300 shares or 0% of all its holdings. The Kentucky-based Teachers Retirement System Of The State Of Kentucky has invested 0% in XO Group Inc (NYSE:XOXO). Blackrock Grp Ltd, a United Kingdom-based fund reported 35,483 shares. California State Teachers Retirement Systems holds 0% or 53,292 shares in its portfolio. Martingale Asset Management Lp holds 0.01% of its portfolio in XO Group Inc (NYSE:XOXO) for 24,211 shares. Moreover, Wedge Mngmt L L P Nc has 0.01% invested in XO Group Inc (NYSE:XOXO) for 72,115 shares. Moreover, New York State Teachers Retirement has 0% invested in XO Group Inc (NYSE:XOXO) for 79,517 shares. Credit Suisse Ag accumulated 31,854 shares or 0% of the stock. Rhumbline Advisers owns 35,595 shares or 0% of their US portfolio. Morgan Stanley accumulated 0% or 161,077 shares. Creative Planning owns 500 shares or 0% of their US portfolio. The California-based Los Angeles Mngmt Equity Research has invested 0.01% in XO Group Inc (NYSE:XOXO).

Insider Transactions: Since April 12, 2016, the stock had 0 buys, and 14 insider sales for $4.71 million net activity. The insider LIU DAVID sold 27,600 shares worth $461,480. Di Iorio Nic had sold 5,000 shares worth $85,649.

More notable recent XO Group Inc (NYSE:XOXO) news were published by: Prnewswire.com which released: “XO Group Deepens Relationship With Pre-Engaged Audience With Acquisition Of …” on September 13, 2016, also Marketwatch.com with their article: “/quotes/zigman/3870025/realtime” published on August 02, 2011, Prnewswire.com published: “Paul Bascobert Joins XO Group As President Of Local Marketplace” on September 07, 2016. More interesting news about XO Group Inc (NYSE:XOXO) were released by: Techcrunch.com and their article: “XO Group CEO Michael Steib Talks About Reinventing A 20-Year Old Media Company” published on March 29, 2015 as well as Prnewswire.com‘s news article titled: “XO Group Acquires GigMasters; Invests in Jetaport As Company Continues to …” with publication date: October 02, 2015.

XOXO Company Profile

XO Group Inc., incorporated on May 2, 1996, is engaged in providing content and marketing solutions, targeted advertising programs, transactions and merchandise. The Firm guides couples through transformative life stages from getting married, to moving in together and having a baby through its multi-platform brands, including The Knot, The Bump and The Nest. The Firm offers multiplatform media and marketplace services that enable its advertising and transaction partners to connect with engaged audience in the wedding, pregnancy and parenting, and nesting markets. The Firm reaches its audience through several platforms, including Websites, mobile applications, magazines and books, television, and video.

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