NASDAQ:MB - MINDBODY Stock Price, Price Target & More

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$40.05 -2.30 (-5.43 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$42.35
Today's Range$39.30 - $42.30
52-Week Range$21.57 - $45.50
Volume1.31 million shs
Average Volume494,524 shs
Market Capitalization$1.98 billion
P/E Ratio-133.33
Dividend YieldN/A
Beta-0.11
MINDBODY logoMINDBODY, Inc. operates a cloud-based business management software and payments platform for the small and medium-sized businesses in the wellness services industry. Its platform enables businesses to run, market, and build scheduling and online booking, performance tracking, staff management, client relationship management, integrated payment processing, retail point-of-sale, purchase tracking, inventory, hardware integration, analytics and reporting, branded Web, mobility, social integration, client acquisition dashboard, security and compliance, and integration with other cloud-based partners for yoga, Pilates, indoor cycling, group and personal training, boutique fitness, salons, spas, and integrative health businesses. The company offers its software platform to its subscribers as a subscription-based service. It also connects consumers with businesses through its MINDBODY app, a consumer-facing mobile application that allows consumers to discover, evaluate, book, and pay for wellness services; MINDBODY Network, a fee-based platform that connects its customers with local consumers through the MINDBODY app and third-party partner applications, or Websites; and MINDBODY API Platform and Partner Ecosystem, a platform focuses in areas, such as marketing automation, accounting, loyalty, mobile, and social interactions. The company sells its subscriptions through a direct sales team primarily in San Luis Obispo, California; the United Kingdom; and Australia. MINDBODY, Inc. was founded in 2001 and is headquartered in San Luis Obispo, California.

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Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:MB
CUSIPN/A
Webwww.mindbodyonline.com
Phone877-755-4279

Debt

Debt-to-Equity Ratio0.06
Current Ratio8.10
Quick Ratio8.10

Price-To-Earnings

Trailing P/E Ratio-133.33
Forward P/E Ratio-70.26
P/E GrowthN/A

Sales & Book Value

Annual Sales$182.63 million
Price / Sales10.41
Cash FlowN/A
Price / CashN/A
Book Value$5.37 per share
Price / Book7.46

Profitability

EPS (Most Recent Fiscal Year)($0.30)
Net Income$-14,790,000.00
Net Margins-6.47%
Return on Equity-4.62%
Return on Assets-3.88%

Miscellaneous

Employees1,426
Outstanding Shares47,470,000

MINDBODY (NASDAQ:MB) Frequently Asked Questions

What is MINDBODY's stock symbol?

MINDBODY trades on the NASDAQ under the ticker symbol "MB."

How were MINDBODY's earnings last quarter?

MINDBODY Inc (NASDAQ:MB) released its quarterly earnings data on Tuesday, May, 8th. The technology company reported $0.06 EPS for the quarter, beating the Zacks' consensus estimate of $0.04 by $0.02. The technology company earned $53.82 million during the quarter, compared to analysts' expectations of $53.84 million. MINDBODY had a negative net margin of 6.47% and a negative return on equity of 4.62%. The firm's quarterly revenue was up 27.5% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.03) EPS. View MINDBODY's Earnings History.

When is MINDBODY's next earnings date?

MINDBODY is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for MINDBODY.

What price target have analysts set for MB?

10 equities research analysts have issued 12-month price targets for MINDBODY's stock. Their forecasts range from $26.00 to $47.00. On average, they anticipate MINDBODY's stock price to reach $37.6111 in the next twelve months. View Analyst Ratings for MINDBODY.

What are Wall Street analysts saying about MINDBODY stock?

Here are some recent quotes from research analysts about MINDBODY stock:
  • 1. According to Zacks Investment Research, "MINDBODY, Inc. develops cloud-based business management software and payments platform for the wellness services industry. Its platform enables businesses to manage class and appointment schedules, staff members, client information, online bookings, inventory, payroll and retail sales for yoga, Pilates, barre, indoor cycling, personal training, martial arts and dance exercise, as well as spas, salons, music instruction studios, dance studios, childrens activity center and integrative health centers. MINDBODY, Inc. is headquartered in San Luis Obispo, California. " (6/21/2018)
  • 2. KeyCorp analysts commented, "We are raising revenue estimates again after having increased them just last month after the price increase. Overweight MB on multiple levers for growth at an increasingly profitable rate. Key Investment Points Results: High-value focus is driving profitable growth. ● 4Q revenue grew 30% y/y to $49.7M on $0.7M of upside. ● Churn reduced total subscriber count by 3% y/y to 58,584 with solo -54% y/y. ● Subscription accelerated slightly to +33.9% y/y vs. 33.5% last quarter. ● Payments revenue rose 25% y/y, consistent with volume growth. ● ARPS: average revenue per subscriber rose 31% vs. 28% y/y last quarter. ● Upside to operating margin, paired with revenue beat, drove $0.02 EPS beat. ● 2017 marks the first full year of positive free cash flow at $2.3M. ● Initial 2018 guidance came in above expectations for revenue and EPS. Model Impact: Raising estimates on ASC 606 and improving profit margins. ● Raising estimates for the second time in two months on higher ARPS." (2/21/2018)
  • 3. Jefferies Financial Group Inc analysts commented, "MB boasts an attractive profile: 1) low penetration of a large market for wellness business services, 2) rapid growth, 3) emerging profitability, and 4) valuation discount to peers." (8/24/2017)

Who are some of MINDBODY's key competitors?

Who are MINDBODY's key executives?

MINDBODY's management team includes the folowing people:
  • Mr. Richard Lee Stollmeyer, Co-Founder, Chairman & CEO (Age 52)
  • Mr. Brett T. White, Chief Financial Officer and Chief Operating Officer (Age 55)
  • Mr. Kunal Mittal, Chief Technology Officer (Age 39)
  • Mr. Michael Mansbach, Pres (Age 50)
  • Mr. Blake Beltram, Co-Founder

When did MINDBODY IPO?

(MB) raised $101 million in an initial public offering (IPO) on Friday, June 19th 2015. The company issued 7,200,000 shares at $13.00-$15.00 per share. Morgan Stanley, Credit Suisse and UBS Securities served as the underwriters for the IPO and Pacific Crest Securities and JMP Securities were co-managers.

Has MINDBODY been receiving favorable news coverage?

Media headlines about MB stock have trended somewhat positive on Friday, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. MINDBODY earned a media sentiment score of 0.11 on Accern's scale. They also gave media headlines about the technology company an impact score of 46.03 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Who are MINDBODY's major shareholders?

MINDBODY's stock is owned by many different of institutional and retail investors. Top institutional investors include Luxor Capital Group LP (13.60%), BlackRock Inc. (5.35%), Victory Capital Management Inc. (3.78%), Federated Investors Inc. PA (1.63%), Summit Trail Advisors LLC (1.25%) and Millennium Management LLC (1.15%). Company insiders that own MINDBODY stock include Bessemer Venture Partners Vii, Bradford Lee Wills, Brett T White, Chet Ian Brandenburg, Kimberly Gail Lytikainen, Kunal Mittal, Luxor Capital Group, Lp, Qualified Master Fund L Abdiel, Richard Lee Stollmeyer, Robert John Murphy and W Capital Partners Iii, LP. View Institutional Ownership Trends for MINDBODY.

Which institutional investors are selling MINDBODY stock?

MB stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Penn Capital Management Co. Inc., New York State Common Retirement Fund, Asset Management One Co. Ltd., Next Century Growth Investors LLC, Quantbot Technologies LP, Russell Investments Group Ltd. and ClariVest Asset Management LLC. Company insiders that have sold MINDBODY company stock in the last year include Bradford Lee Wills, Brett T White, Kimberly Gail Lytikainen, Kunal Mittal and Richard Lee Stollmeyer. View Insider Buying and Selling for MINDBODY.

Which institutional investors are buying MINDBODY stock?

MB stock was bought by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Champlain Investment Partners LLC, Luxor Capital Group LP, Federated Investors Inc. PA, Baillie Gifford & Co., BlackRock Inc., AGF Investments Inc. and Victory Capital Management Inc.. Company insiders that have bought MINDBODY stock in the last two years include Luxor Capital Group, Lp and Qualified Master Fund L Abdiel. View Insider Buying and Selling for MINDBODY.

How do I buy shares of MINDBODY?

Shares of MB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is MINDBODY's stock price today?

One share of MB stock can currently be purchased for approximately $40.05.

How big of a company is MINDBODY?

MINDBODY has a market capitalization of $1.98 billion and generates $182.63 million in revenue each year. The technology company earns $-14,790,000.00 in net income (profit) each year or ($0.30) on an earnings per share basis. MINDBODY employs 1,426 workers across the globe.

How can I contact MINDBODY?

MINDBODY's mailing address is 4051 BROAD STREET SUITE 220, SAN LUIS OBISPO CA, 93401. The technology company can be reached via phone at 877-755-4279 or via email at [email protected]


MarketBeat Community Rating for MINDBODY (MB)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  100 (Vote Outperform)
Underperform Votes:  92 (Vote Underperform)
Total Votes:  192
MarketBeat's community ratings are surveys of what our community members think about MINDBODY and other stocks. Vote "Outperform" if you believe MB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/22/2018 by MarketBeat.com Staff
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