YogaWorks, Inc. (YOGA) Expected to Post FY2017 Earnings of ($1.44) Per Share

YogaWorks, Inc. (NASDAQ:YOGA) – Stock analysts at DA Davidson issued their FY2017 earnings per share estimates for YogaWorks in a research note issued on Wednesday. DA Davidson analyst A. Burns expects that the company will post earnings of ($1.44) per share for the year. DA Davidson currently has a “Neutral” rating and a $3.00 target price on the stock. DA Davidson also issued estimates for YogaWorks’ Q4 2017 earnings at ($0.30) EPS, Q1 2018 earnings at ($0.25) EPS, Q2 2018 earnings at ($0.34) EPS, Q3 2018 earnings at ($0.25) EPS, Q4 2018 earnings at ($0.24) EPS, FY2018 earnings at ($1.08) EPS and FY2019 earnings at ($0.91) EPS.

Several other brokerages have also issued reports on YOGA. Stephens began coverage on shares of YogaWorks in a research note on Tuesday, September 5th. They issued an “overweight” rating and a $6.00 price target on the stock. Roth Capital began coverage on shares of YogaWorks in a research note on Tuesday, September 5th. They issued a “buy” rating and a $7.00 price target on the stock. Cowen and Company began coverage on shares of YogaWorks in a research note on Tuesday, September 5th. They issued an “outperform” rating and a $7.00 price target on the stock. Guggenheim began coverage on shares of YogaWorks in a research note on Tuesday, September 5th. They issued a “buy” rating and a $7.00 price target on the stock. Finally, Zacks Investment Research upgraded shares of YogaWorks from a “hold” rating to a “buy” rating and set a $3.25 price target on the stock in a research note on Wednesday, November 8th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $5.46.

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Shares of YogaWorks (NASDAQ YOGA) opened at $2.59 on Monday. YogaWorks has a 52 week low of $2.35 and a 52 week high of $5.85.

YogaWorks (NASDAQ:YOGA) last issued its quarterly 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). YogaWorks had a negative net margin of 27.00% and a negative return on equity of 48.95%. The business had revenue of $12.50 million during the quarter, compared to analyst estimates of $12.49 million. The company’s quarterly revenue was down 6.0% on a year-over-year basis.

A hedge fund recently bought a new stake in YogaWorks stock. Alyeska Investment Group L.P. acquired a new stake in YogaWorks, Inc. (NASDAQ:YOGA) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 301,200 shares of the company’s stock, valued at approximately $834,000. Alyeska Investment Group L.P. owned 1.84% of YogaWorks at the end of the most recent reporting period. Institutional investors and hedge funds own 2.28% of the company’s stock.

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.

Earnings History and Estimates for YogaWorks (NASDAQ:YOGA)

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