Beachbody (NYSE:BODI) Announces Earnings Results

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

Beachbody Stock Performance

Shares of Beachbody stock traded up $0.15 during trading on Monday, hitting $7.57. 6,952 shares of the company's stock were exchanged, compared to its average volume of 17,513. The stock has a market capitalization of $52.41 million, a price-to-earnings ratio of -0.48 and a beta of 1.13. The business has a 50-day simple moving average of $7.33 and a 200-day simple moving average of $6.70. Beachbody has a 52-week low of $5.14 and a 52-week high of $10.80. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.52 and a current ratio of 0.64.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a "buy" rating and issued a $13.00 target price on shares of Beachbody in a research note on Friday. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, Beachbody currently has an average rating of "Moderate Buy" and a consensus target price 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.