The Beachbody Company, Inc. (NYSE:BODI – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $12.40.
Several brokerages have weighed in on BODI. ThinkEquity began coverage on Beachbody in a research report on Monday, July 15th. They issued a “buy” rating and a $12.00 price objective for the company. Canaccord Genuity Group started coverage on Beachbody in a research note on Friday, May 17th. They issued a “buy” rating and a $13.00 price target on the stock. Finally, Canaccord Genuity Group started coverage on Beachbody in a research note on Friday, May 17th. They issued a “buy” rating and a $13.00 price target on the stock.
Get Our Latest Research Report on BODI
Beachbody Stock Performance
Beachbody (NYSE:BODI – Get Free Report) last announced its quarterly earnings data on Tuesday, August 6th. The company reported ($1.59) earnings per share for the quarter, beating the consensus estimate of ($2.30) by $0.71. Beachbody had a negative return on equity of 92.82% and a negative net margin of 25.72%. The firm had revenue of $110.18 million during the quarter, compared to the consensus estimate of $110.70 million. As a group, equities analysts predict that Beachbody will post -6.84 earnings per share for the current year.
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.
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