Brokerage firm Pacific Crest Maintains its rating on MINDBODY Inc(NASDAQ:MB). In a research note issued to the investors, the brokerage major Raises the price-target to $20.00 per share. The shares have been rated Overweight. The rating by Pacific Crest was issued on Jul 28, 2016.
In a different note, On Jul 28, 2016, UBS said it Maintains its rating on MINDBODY Inc. In the research note, the firm Raises the price-target to $18.00 per share. The shares have been rated ‘Buy’ by the firm. On Jul 28, 2016, JMP Securities said it Maintains its rating on MINDBODY Inc. In the research note, the firm Raises the price-target to $19.00 per share. The shares have been rated ‘Market Outperform’ by the firm. Imperial Capital said it Initiates Coverage on MINDBODY Inc, according to a research note issued on Jun 7, 2016. The shares have been rated ‘Outperform’ by the firm.
MINDBODY Inc (MB) made into the market gainers list on Thursdays trading session with the shares advancing 1.58% or 0.28 points. Due to strong positive momentum, the stock ended at $17.99, which is also near the day’s high of $18.09. The stock began the session at $17.77 and the volume stood at 3,18,614 shares. The 52-week high of the shares is $18.39 and the 52 week low is $9.14. The company has a current market capitalization of $714 M and it has 3,96,91,595 shares in outstanding.
MINDBODY Inc(MB) last announced its earnings results on Jul 27, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $33.56M. Analysts had an estimated revenue of $33.22M. Earnings per share were $-0.10. Analysts had estimated an EPS of $-0.14.
Several Insider Transactions has been reported to the SEC. On Jul 6, 2016, Robert John Murphy (Chief Operating Officer) sold 34,600 shares at $15.99 per share price.Also, On Jul 6, 2016, Chet Ian Brandenburg (Chief Product Officer) sold 4,500 shares at $15.91 per share price.On Jul 6, 2016, Richard Lee Stollmeyer (President & CEO) sold 21,760 shares at $15.93 per share price, according to the Form-4 filing with the securities and exchange commission.
MINDBODY Inc. is a company that operates an online wellness services marketplace with over 42000 local business subscribers. Through its integrated cloud-based business management software and payments platform the Company enables businesses to manage class and appointment schedules staff members client information online bookings inventory payroll and retail sales. The Company also offers marketing and client retention capabilities to help businesses acquire and retain their clients and analytics capabilities to help them improve their businesses and plan for the future. It connects consumers with local businesses through its MINDBODY Connect platform which powers a mobile interface that allows consumers to discover evaluate book and pay for wellness services whether they are near their homes or traveling. Its Connect Workplace offering extends its platform to corporate employers. Its applications and add-ons include MINDBODY Express and Engage by MINDBODY Connect.