Beachbody (NYSE:BODI) Posts Quarterly Earnings Results, Beats Estimates By $0.99 EPS

Beachbody (NYSE:BODI) issued its quarterly earnings results on Thursday. The company reported ($1.89) EPS for the quarter, topping analysts’ consensus estimates of ($2.88) by $0.99, Zacks reports. Beachbody had a negative return on equity of 94.29% and a negative net margin of 22.62%. The firm had revenue of $86.37 million for the quarter, compared to analysts’ expectations of $81.71 million. Beachbody updated its Q1 2025 guidance to EPS.

Beachbody Trading Down 6.2 %

Beachbody stock opened at $7.51 on Friday. Beachbody has a one year low of $5.14 and a one year high of $10.80. The business’s fifty day moving average is $7.31 and its 200 day moving average is $6.68. The stock has a market capitalization of $51.96 million, a PE ratio of -0.48 and a beta of 1.13. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.64 and a quick ratio of 0.52.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and set a $13.00 price target on shares of Beachbody in a report on Friday. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $12.00.

Beachbody Company Profile

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.