Equities Analysts Issue Forecasts for Xponential Fitness, Inc.’s Q3 2022 Earnings (NYSE:XPOF)

Xponential Fitness, Inc. (NYSE:XPOFGet Rating) – Analysts at B. Riley issued their Q3 2022 earnings per share (EPS) estimates for Xponential Fitness in a research report issued to clients and investors on Thursday, September 15th. B. Riley analyst J. Van. Sinderen forecasts that the company will post earnings of $0.05 per share for the quarter. B. Riley has a “Buy” rating and a $29.00 price objective on the stock. The consensus estimate for Xponential Fitness’ current full-year earnings is $0.26 per share. B. Riley also issued estimates for Xponential Fitness’ Q4 2022 earnings at $0.05 EPS, FY2022 earnings at $0.00 EPS, FY2023 earnings at $0.37 EPS and FY2024 earnings at $0.69 EPS.

Separately, Raymond James lifted their target price on Xponential Fitness from $27.00 to $29.00 and gave the company a “strong-buy” rating in a research note on Friday, August 12th. Seven research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $27.75.

Xponential Fitness Price Performance

XPOF opened at $18.84 on Monday. The business’s 50-day moving average is $17.03 and its two-hundred day moving average is $18.02. Xponential Fitness has a 1 year low of $9.87 and a 1 year high of $26.90. The firm has a market capitalization of $921.26 million, a PE ratio of -4.91 and a beta of 1.74.

Institutional Investors Weigh In On Xponential Fitness

Institutional investors and hedge funds have recently modified their holdings of the company. Amalgamated Bank acquired a new stake in shares of Xponential Fitness during the first quarter worth about $32,000. Macquarie Group Ltd. lifted its holdings in Xponential Fitness by 133.2% in the second quarter. Macquarie Group Ltd. now owns 2,696 shares of the company’s stock valued at $34,000 after acquiring an additional 1,540 shares during the period. Point72 Hong Kong Ltd acquired a new position in Xponential Fitness in the second quarter valued at approximately $34,000. American International Group Inc. lifted its holdings in Xponential Fitness by 23.9% in the first quarter. American International Group Inc. now owns 6,115 shares of the company’s stock valued at $143,000 after acquiring an additional 1,181 shares during the period. Finally, Harvest Fund Management Co. Ltd lifted its holdings in Xponential Fitness by 247.3% in the first quarter. Harvest Fund Management Co. Ltd now owns 6,272 shares of the company’s stock valued at $147,000 after acquiring an additional 4,466 shares during the period. Institutional investors and hedge funds own 66.57% of the company’s stock.

Xponential Fitness Company Profile

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Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in the United States and internationally. The company offers fitness and wellness services, including pilates, barre, cycling, stretching, rowing, yoga, boxing, dancing, running, and functional training under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands.

See Also

Earnings History and Estimates for Xponential Fitness (NYSE:XPOF)

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