Beachbody (NASDAQ:BODI – Get Free Report) posted its earnings results on Tuesday. The company reported $0.09 EPS for the quarter, topping the consensus estimate of ($0.20) by $0.29, FiscalAI reports. Beachbody had a net margin of 5.68% and a return on equity of 44.34%. The business had revenue of $45.19 million for the quarter, compared to the consensus estimate of $46.26 million.
Beachbody Stock Performance
BODI stock remained flat at $4.51 during trading on Tuesday. The company had a trading volume of 69,310 shares, compared to its average volume of 47,641. The firm has a market cap of $32.83 million, a PE ratio of 2.77 and a beta of 0.96. The stock has a 50 day moving average price of $4.78 and a 200-day moving average price of $8.92. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.61 and a current ratio of 0.79. Beachbody has a 1-year low of $4.01 and a 1-year high of $16.87.
Analyst Ratings Changes
Several research firms have recently issued reports on BODI. Roth Capital reaffirmed a “neutral” rating and set a $9.00 price target on shares of Beachbody in a research note on Tuesday, August 11th. Wall Street Zen lowered shares of Beachbody from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings cut shares of Beachbody from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, October 6th. Finally, Canaccord Genuity Group decreased their price objective on Beachbody from $19.00 to $16.00 and set a “buy” rating for the company in a report on Friday, October 30th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $13.33.
Check Out Our Latest Research Report on BODI
About Beachbody
Beachbody, operating under the BODi brand, is a digital fitness and wellness company that provides at-home workout programs, nutrition guidance and related products through online and mobile platforms. Its offerings are designed to support exercise, weight management and broader healthy-lifestyle goals. The company’s portfolio has included on-demand workout content led by professional trainers, personalized fitness and nutrition programs, meal-planning resources, supplements and other wellness products.
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