YogaWorks (YOGA) Earning Somewhat Favorable Press Coverage, Report Shows

News stories about YogaWorks (NASDAQ:YOGA) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog 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. YogaWorks earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.0227946309071 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:

A number of brokerages have commented on YOGA. Stephens began coverage on shares of YogaWorks in a report on Tuesday, September 5th. They set an “overweight” rating and a $6.00 price objective on the stock. Roth Capital assumed coverage on shares of YogaWorks in a research note on Tuesday, September 5th. They issued a “buy” rating and a $7.00 target price on the stock. Zacks Investment Research raised shares of YogaWorks from a “hold” rating to a “buy” rating and set a $3.25 target price on the stock in a research note on Wednesday, November 8th. Guggenheim assumed coverage on shares of YogaWorks in a research note on Tuesday, September 5th. They issued a “buy” rating and a $7.00 target price on the stock. Finally, Imperial Capital assumed coverage on shares of YogaWorks in a research note on Friday, November 3rd. They issued an “outperform” rating and a $5.00 target price on the stock. Six investment analysts have rated the stock with a buy rating, YogaWorks presently has an average rating of “Buy” and an average price target of $5.88.

Shares of YogaWorks (NASDAQ:YOGA) traded up $0.09 during midday trading on Tuesday, hitting $2.89. 43,500 shares of the stock traded hands, compared to its average volume of 80,949. YogaWorks has a one year low of $2.41 and a one year high of $5.85.

YogaWorks (NASDAQ:YOGA) last issued its earnings results on Thursday, September 21st. The company reported ($0.38) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.36) by ($0.02). The firm had revenue of $12.50 million for the quarter, compared to the consensus estimate of $12.49 million. The business’s revenue for the quarter was down 6.0% on a year-over-year basis. sell-side analysts expect that YogaWorks will post -1.25 earnings per share for the current fiscal year.

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About YogaWorks

YogaWorks, Inc is a yoga instruction company. The Company provides yoga instruction in the United States with 50 company-owned studios as well as its Internet-based digital media service, MyYogaWorks.com. Its classes are designed to safely challenge practitioners of all levels, making yoga accessible to a diverse population ranging from beginners and casual practitioners to seasoned yogis and professional athletes.

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