Brokerages expect Yogaworks Inc (NASDAQ:YOGA) to announce earnings per share (EPS) of ($0.19) for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Yogaworks’ earnings. Yogaworks reported earnings per share of ($0.22) in the same quarter last year, which suggests a positive year over year growth rate of 13.6%. The business is expected to announce its next earnings report on Tuesday, August 13th.
On average, analysts expect that Yogaworks will report full-year earnings of ($0.73) per share for the current fiscal year, with EPS estimates ranging from ($0.79) to ($0.70). For the next fiscal year, analysts expect that the firm will post earnings of ($0.63) per share, with EPS estimates ranging from ($0.65) to ($0.60). Zacks’ EPS calculations are an average based on a survey of sell-side research firms that cover Yogaworks.
Yogaworks (NASDAQ:YOGA) last announced its earnings results on Tuesday, May 14th. The company reported ($0.20) EPS for the quarter, beating analysts’ consensus estimates of ($0.23) by $0.03. Yogaworks had a negative return on equity of 121.97% and a negative net margin of 57.80%. The business had revenue of $15.69 million during the quarter, compared to analysts’ expectations of $15.44 million.
YOGA has been the subject of a number of research analyst reports. Imperial Capital reissued an “outperform” rating on shares of Roan Resources in a report on Thursday, April 4th. ValuEngine cut Zumiez from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. Finally, Zacks Investment Research raised Investors Real Estate Trust Reit from a “sell” rating to a “hold” rating in a report on Thursday, May 23rd. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $3.25.
Shares of Yogaworks stock traded up $0.02 during mid-day trading on Wednesday, reaching $0.40. 836,492 shares of the stock traded hands, compared to its average volume of 143,468. The company has a 50-day moving average price of $0.68. Yogaworks has a fifty-two week low of $0.33 and a fifty-two week high of $2.18. The stock has a market capitalization of $7.19 million, a PE ratio of -0.19 and a beta of 1.17.
Large investors have recently bought and sold shares of the stock. Mount Vernon Associates Inc. MD purchased a new position in Yogaworks in the first quarter worth approximately $193,000. Hayden Royal LLC purchased a new position in Yogaworks in the first quarter worth approximately $46,000. Finally, Wedbush Securities Inc. grew its position in Yogaworks by 108.3% in 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 period. 6.61% of the stock is owned by hedge funds and other institutional investors.
Yogaworks Company Profile
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.
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