what happened to xoxo stock

by Prof. Russell Gerlach III Published 3 years ago Updated 2 years ago

What Happened Xoxo Stock? As of Tuesday’s premarket price, xoxo saw an increase of 23% after the company signed a $933 million merger agreement with WeddingWire. This will result in WeddingWire shareholders Permira Funds and Spectrum Equity owning a majority stake in the combined company as early as the first half of 2019.

Full Answer

What was the earnings release for XOXO group (XOXO)?

XO Group Inc. (NYSE:XOXO) announced its quarterly earnings data on Thursday, November, 1st. The specialty retailer reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.02.

Who holds XO Group's stock?

Only 6.99% of the stock of XO Group is held by insiders. 87.98% of the stock of XO Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Is XO Group’s PE ratio overvalued?

The P/E ratio of XO Group is 89.72, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 66.27. XO Group has a P/B Ratio of 5.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

What is the mailing address for XO Group?

XO Group's mailing address is 195 BROADWAY 25TH FLOOR, NEW YORK NY, 10007. The specialty retailer can be reached via phone at 212-219-8555 or via email at [email protected].

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How much is XO Group worth?

XO Group has a market capitalization of $906.94 million and generates $160.56 million in revenue each year.

Who acquired XO Group?

WeddingWireNew York-based XO Group (NYSE: XOXO) was taken private as of Friday, as Permira Funds and Spectrum Equity, WeddingWire owners, completed the previously announced merger. The deal will provide XO Group shareholders $35 per share in cash. The deal is valued at about $933 million.

Who owns XO Communications?

Verizon CommunicationsXo HoldingsXO Communications/Parent organizations

What happened to The Knot stock?

In June 2011, the company transferred its common stock listing to the New York Stock Exchange (NYSE) with the symbol "XOXO".

How were XO Group's earnings last quarter?

XO Group Inc. (NYSE:XOXO) issued its quarterly earnings data on Thursday, November, 1st. The specialty retailer reported $0.19 earnings per share f...

Who are XO Group's key executives?

XO Group's management team includes the following people: Mr. Michael F. Steib , CEO & Director (Age 41) Mr. Paul J. Bascobert , Pres (Age 54)...

Who are some of XO Group's key competitors?

Some companies that are related to XO Group include Meta Platforms (FB) , Equinix (EQIX) , SEA (SE) , Twitter (TWTR) , eBay (EBAY) , CoStar G...

What other stocks do shareholders of XO Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other XO Group investors own include Hawkins (HWKN) , CA (CA) ,...

What is XO Group's stock symbol?

XO Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "XOXO."

What is XO Group's stock price today?

One share of XOXO stock can currently be purchased for approximately $34.99.

How much money does XO Group make?

XO Group has a market capitalization of $906.94 million and generates $160.56 million in revenue each year. The specialty retailer earns $5.53 mill...

What is XO Group's official website?

The official website for XO Group is www.xogroupinc.com .

Where are XO Group's headquarters?

XO Group is headquartered at 195 BROADWAY 25TH FLOOR, NEW YORK NY, 10007 .

When did XOXO release its earnings?

XO Group Inc. (NYSE:XOXO) released its earnings results on Thursday, November, 1st. The specialty retailer reported $0.19 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.18 by $0.02.

How much does XO Group make?

XO Group has a market capitalization of $906.94 million and generates $160.56 million in revenue each year . The specialty retailer earns $5.53 million in net income (profit) each year or $0.39 on an earnings per share basis.

What is the P/E ratio of XO?

The P/E ratio of XO Group is 89.72, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 77.32.

What is XO Group?

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. The company's network of Websites also comprise GigMasters, an event marketplace for finding and booking the entertainment and vendors for birthday parties, weddings, anniversaries, corporate events, and others. It also offers local online advertising programs, such as online listings, digital advertisements, and direct email marketing; and national online advertising programs consisting of display advertisements, custom and brand-integrated content, direct emails, and placement in its online search tools. In addition, the company provides transaction offerings that include a registry service, which enables users to create, manage, and share various retail store registries from a single source; and retailer and local vendor offerings, such as invitations, stationery, reception decor, and personalized gifts. Further, it publishes The Knot national and regional magazines. The company was formerly known as The Knot, Inc. and changed its name to XO Group Inc. in June 2011. XO Group Inc. was founded in 1996 and is headquartered in New York, New York.

Where is XO Group located?