Wells Fargo: “Time To Outperform MINDBODY (MB)”

September 8, 2018 - By Jason Dias

MINDBODY, Inc. (NASDAQ:MB) Logo

How Wells Fargo Currently Rates MINDBODY (MB)

The broker Wells Fargo has initiated coverage on MINDBODY (MB)‘s stock, rating it Outperform. This was revealed to investors in a research report on 7 September.

The stock increased 2.79% or $1.05 during the last trading session, reaching $38.65. About 499,135 shares traded. MINDBODY, Inc. (MB) has risen 35.54% since September 8, 2017 and is uptrending. It has outperformed by 22.97% the S&P500.

Analysts await MINDBODY, Inc. (NASDAQ:MB) to report earnings on October, 25. They expect $-0.19 EPS, down 171.43 % or $0.12 from last year’s $-0.07 per share. After $-0.22 actual EPS reported by MINDBODY, Inc. for the previous quarter, Wall Street now forecasts -13.64 % EPS growth.

MINDBODY, Inc. operates a cloud-based business management software and payments platform for the small and medium-sized businesses in the wellness services industry. The company has market cap of $1.85 billion. The Company’s platform enables businesses to run, market, and build client scheduling and online booking, staff management, client relationship management, integrated payment processing, retail point-of-sale, analytics and reporting, simple and intuitive user experience, mobility, branded Web, social integration, cloud architecture, open platform for third-party application development, security and compliance, and integration with other cloud partners for yoga, Pilates, barre, indoor cycling, personal training, martial arts, and dance exercise, spas, salons, music instruction studios, dance studios, childrenÂ’s activity centers, and integrative health centers. It currently has negative earnings. The firm offers its software platform to its subscribers as a subscription service.

Another recent and important MINDBODY, Inc. (NASDAQ:MB) news was published by Fool.com which published an article titled: “3 Top Tech Stocks to Buy in August” on August 17, 2018.

MINDBODY, Inc. (NASDAQ:MB) Ratings Chart

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