Shares of The Beachbody Company, Inc. (NYSE:BODI – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the five research firms that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $12.50.
Several analysts have recently weighed in on BODI shares. ThinkEquity started coverage on shares of Beachbody in a report on Monday. They issued a “buy” rating and a $12.00 target price on the stock. Baird R W raised shares of Beachbody to a “hold” rating in a report on Tuesday, May 7th. Canaccord Genuity Group initiated coverage on shares of Beachbody in a report on Friday, May 17th. They issued a “buy” rating and a $13.00 target price on the stock. Robert W. Baird decreased their price objective on shares of Beachbody from $12.00 to $10.00 and set a “neutral” rating on the stock in a report on Tuesday, May 7th. Finally, Roth Mkm decreased their price objective on shares of Beachbody from $15.00 to $14.00 and set a “buy” rating on the stock in a report on Tuesday, May 7th.
View Our Latest Stock Report on Beachbody
Beachbody Price Performance
Beachbody (NYSE:BODI – Get Free Report) last announced its quarterly earnings results on Monday, May 6th. The company reported ($1.92) EPS for the quarter, missing the consensus estimate of ($1.91) by ($0.01). Beachbody had a negative return on equity of 85.56% and a negative net margin of 27.41%. The company had revenue of $120.05 million for the quarter, compared to analyst estimates of $114.94 million. On average, research analysts predict that Beachbody will post -7.41 earnings per share for the current fiscal year.
About Beachbody
The Beachbody Company, Inc operates as a subscription health and wellness company that provides fitness, nutrition, and stress-reducing programs in the United States and internationally. The company operates Beachbody on Demand, a digital subscription platform that provides access to a library of live and on-demand fitness and nutrition content; and Beachbody on Demand Interactive (BODi) for live fitness and nutrition programs.
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