The Beachbody Company, Inc. (NYSE:BODI) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of The Beachbody Company, Inc. (NYSE:BODI) have been given a consensus rating of “Moderate Buy” by the six ratings firms that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $12.40.

Separately, ThinkEquity started coverage on shares of Beachbody in a research note on Monday, July 15th. They issued a “buy” rating and a $12.00 target price for the company.

Beachbody Stock Up 2.5 %

BODI opened at $5.75 on Friday. The stock has a market capitalization of $39.51 million, a P/E ratio of -0.26 and a beta of 1.17. Beachbody has a one year low of $5.45 and a one year high of $20.00. The business’s 50-day simple moving average is $6.73 and its 200-day simple moving average is $8.20. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.54 and a current ratio of 0.71.

Beachbody (NYSE:BODI) last released its quarterly earnings results on Tuesday, August 6th. The company reported ($1.59) EPS for the quarter, topping 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 business had revenue of $110.18 million during the quarter, compared to analysts’ expectations of $110.70 million. Analysts anticipate that Beachbody will post -6.84 EPS 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.