In 2020, SPACs were all the rage and nearly all SPACs skyrocketed in value when they announced acquisitions. Announces Participation in the 2023 ICR Conference, Super Trainer Megan Davies Redefines Training Mentality; Highlights Importance of Feeling Good with Launch of Sure Thing, The Beachbody Company, Inc. Average month-over-month digital retention was 95.6% in the quarter. Analysts are increasingly upbeat about Alibaba BABA 1.54% stock in the wake of the groups quarterly earnings, which supported the Sign up below to get this incredible offer! It also lets you turn on your video and join classes with others and get feedback and shout outs from trainers. When comparing BODY to its most direct competitor, PTON, BODY is trading at roughly 1/4th of its price-to-sales ratio. WebData & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. Buy THIS stock before Taiwan is attacked (Ad). Finally, the companys full-year revenue was almost the same as the previous year, at $26.92 billion, but its profit was down substantially. Beachbody trades on the New York Stock Exchange (NYSE) under the ticker symbol "BODY.". Source: Kantar Media, BODY will report FY 2023 earnings on 03/14/2023, BODY will report Q4 earnings on 05/08/2023. View, Average Directional Movement Index Rating. The Beachbody Company Inc. (NYSE:BODY) reiterated its prior Q4 guidance as part of a presentation at the ICR Conference on Monday. & Legal Affairs, Talent Management and IP Devel. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Amanda Krause/Insider. WebBeachbody Company Inc (BODY) Stock Price & News - Google Finance 3,970.04 -42.28 11,394.94 VIX Home BODY NYSE Beachbody Company Inc Follow Share $0.64 After Please note, there is a significant difference between Beachbody's value and its price as these two are different measures arrived at by different means. Theres even room for more lines. This company is best known as a top producer of advanced microprocessors and hardware products. Announces Third Quarter 2022 Financial Results, The Beachbody Company, Inc. However, with this product now being launched, they can now ramp up campaigns and sign up customers. Please. All rights reserved. For those who crave workouts with others, they can subscribe to BODi. Supply chain issues led to this delay and that revenue will be recognized in Q4 when they're actually delivered. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. These warrants are pretty far out of the money right now and have less than 5 years remaining on them before they expire. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. The new product category of having the bike will bring new customers to the platform and help their flywheel of cross-selling nutrition products. Net loss was $0.13 per share, down from earnings per share of $0.05 in the year-ago period. EL SEGUNDO, Calif. , April 19, 2022 /PRNewswire/ -- The Beachbody Company, Inc. (NYSE: BODY) ("Beachbody" or the "Company"), a leading subscription health and wellness company, today announced that Su EL SEGUNDO, Calif.--(BUSINESS WIRE)--BODY First Quarter Earnings Date Announcement. This exceeded predictions that it would only bring in $588 million. Coinbases CEO, Brian Armstrong, had. Loop Capital downgraded The Beachbody Company from hold to sell, with a $2-per-share price target (down from $9). Is Target Stock Aiming For A Breakout In 2023? Beachbody has a P/B Ratio of 0.52. Learn More. AMC stock surged 23% on WebBeachbody reported Gross Profit of 626.73 Million in 2022. With the current trading range of only $0.258 per warrant, the market is betting that these warrants will expire unexercised, and if that occurs, this warrant liability will be extinguished. Announces Third Quarter 2022 Earnings Release Date, Conference Call and Webcast, The Beachbody Company Makes In-Home Fitness and Eating Plans Even More Affordable with New BODi Bike Studio Bundle, Including a 3 Year Subscription, Beachbody's Newest Super Trainer, Andrea Rogers, Debuts All New Cardio-Dance Program, XB Sweat + Sculpt, The Beachbody Company to Participate in the Jefferies Virtual Fitness & Wellness Summit, The Beachbody Company, Inc. Union Pacific stock bolted 10% higher to 212.16 during market trade on Monday. Shares of BODY stock can be purchased through any online brokerage account. Today, home-workout company Beachbody (NYSE: BODY) is falling fast to a new all-time low after a lukewarm earnings report. One share of BODY stock can currently be purchased for approximately $0.65. 1 Year High. All rights reserved. With a price/sales ratio of 0.27, BEACHBODY COMPANY INC has a higher such ratio than just 6.47% of stocks in our set. WebAnalyst Ratings Beachbody Co. Inc. Stock Price Target BODY Advertisement Related Links: Options Overview Research & Ratings Stocks: Real-time U.S. stock quotes reflect WebBeachbody's current and average target prices are 0.66 and 6.15, respectively. Announces Second Quarter 2022 Earnings Release Date, Conference Call and Webcast, Beachbody Super Trainers Jericho McMatthews and Elise Joan Team Up to Unveil a Revolutionary Fitness Program Fusing Intensity with Recovery to Unlock Transformation from the Inside Out, 5 Stocks Under $2 Insiders Are Aggressively Buying, The Beachbody Company, Inc. Beachbody Company. Third-quarter revenue fell 17% year over year. Bank of America started off coverage on Beachbody Company (NYSE:BODY) with a cautious view on the fitness company. 326 E 8th St #105, Sioux Falls, SD 57103 One reason for this decline is that BODY relies on trainers that act as independent contractors and sell supplements through events. BODY has no debt with a nice cash position of approximately $200 million. VP of Bus. 1125 N. Charles St, Baltimore, MD 21201. This company empowers small and medium-sized businesses to establish online stores quickly through its comprehensive software solutions. This segment is a direct competitor to Peloton Interactive (PTON). American Consumer News, LLC dba MarketBeat 2010-2023. This is a strategy that has gained significant traction since the onset of the pandemic. Moreover, if you look at its balance sheet, the picture only gets rosier. The backstory for this analyst call is that Loop Capital is worried about The Beachbody Company's cash burn rate. Himelson is also the author of a book series to teach kids about business: Kimmy and Jimmy's Business Adventures. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. BODY reported three separate segments: digital, connected fitness and nutrition and other revenue. Announces First Quarter 2022 Earnings Release Date, Conference Call and Webcast, SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating The Beachbody Company, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors, Beachbody Breaks New Ground in GUT HEALTH Mega-Trend With New Program from Autumn Calabrese, Super Trainer, Nutrition Expert and Best-Selling Author. The company is prominently known as the largestcryptocurrency exchange in the US. The company surpassed expectations, generating revenue of $605 million in the fourth quarter of 2022. However, its business model is no longer one-of-a-kind, and there needs to be more indication that growth will pick up again this year. However, it wasn't just investors who were rethinking The Beachbody Company's prospects. And right now, many investors arent interested in taking outsized risks. The P/E ratio of Beachbody is -0.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Compared to the companys. 3 analysts have issued 1 year target prices for Beachbody's shares. Get daily stock ideas from top-performing Wall Street analysts. Although it benefited from the pandemic, it's not yet clear how it will perform in a more normal business environment. Beachbody (NYSE:BODY) has a market capitalization of $201.50 million and generates $873.65 million in revenue each year. See the latest The Beachbody Co Inc Class A stock price (NYSE:BODY), related news, valuation, dividends and more to help you make your investing decisions. The company's product offerings include digital subscriptions, nutritional products, and connected fitness products. ET, Why The Beachbody Company Stock Dropped as Much as 16.5% in Early Trading Today, Why The Beachbody Company Stock Plummeted 27.5% at the Open Today, 2 Growth Stocks That Can Turn $250,000 Into $1 Million by 2030, Billionaire Investor Bill Ackman Is Raking In $97 Million In Annual Dividend Income From These 2 Stocks, 1 Bargain-Basement Warren Buffett Stock Down 78% to Buy Before It Starts Soaring, 3 No-Brainer Stocks to Buy With $50 Right Now, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. It's an important sign when a stock makes new all-time highs amid a dour stock market environment. It offers holistic health and wellness platforms. According to analysts' consensus price target of $1.75, Beachbody has a forecasted upside of 171.1% from its current price of $0.65. Today, home-workout company Beachbody(NYSE:BODY) is falling fast to a new all-time low after a lukewarm earnings report. Volume. International stock quotes are delayed as per exchange requirements. BODY reported revenue of $207.05M and GAAP EPS of -$0.13 per share. That's a big problem for The Beachbody Company, given that 2020 is probably best viewed as a windfall year, thanks to social distancing efforts and the work-from-home trend, and not what one should expect on an ongoing basis. View which stocks are hot on social media with MarketBeat's trending stocks report. Invest better with The Motley Fool. Source: Beyond The Scene / Shutterstock.com, 3 Hyper-Growth Stocks With Incredible Upside Potential. The reason is most likely desirable developments at work - i.e., somebody knows something. Granted, the company faced a tough comparable, as consumers flocked to in-home exercising last year when the pandemic was raging out of control and before COVID-19 vaccines were available. The 12-month stock price forecast is $1.59, which is an increase of 146.32% from the latest price. Digital revenue decreased 5% compared to 2020 and increased 38% compared to 2019. These results have clouded the entire SPAC sector and companies that have been taken public via a SPAC have been beaten down by Wall Street. Feb 28, 2023, 4:00 PM EST - Market closed, The Beachbody Company, Inc. This additional subscription allows access to a community, daily activity tracking and healthy cooking shows. However, if current trends persist, you can expect BODY stock to continue to exhaust itself amid a rapidly changing customer base. Indeed, a company can't spend more cash than it brings in the door for very long before problems start to arise, which could, according to the analyst, start to be an issue in early 2022. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance. NEW YORK , April 5, 2022 /PRNewswire/ --Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim SANTA MONICA, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. (NYSE: BODY), ("Beachbody" or the "Company"), a leading subscription health and wellness company, today announced the launch of its m Daily market news in bullet point format. Bring in $ 588 million less than 5 years remaining on them before they.. New product category of having the bike will bring new customers to the platform and help their of. Less than 5 years remaining on them before they expire increased 38 % compared to 2020 and increased %! Is provided 'as-is ' and solely for informational purposes only and are not intended for trading purposes up customers in. Stock Aiming for a Breakout in 2023 a direct competitor to Peloton Interactive ( ). 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