Xponential Fitness (NYSE:XPOF) PT Raised to $12.00 at B. Riley

Xponential Fitness (NYSE:XPOF) had its target price boosted by research analysts at B. Riley from $9.00 to $12.00 in a research note issued to investors on Monday, Benzinga reports. The firm presently has a “neutral” rating on the stock. B. Riley’s price objective would indicate a potential downside of 8.68% from the company’s previous close.

Several other equities research analysts have also issued reports on the stock. Stifel Nicolaus restated a “buy” rating and set a $20.00 price target on shares of Xponential Fitness in a research note on Friday, April 12th. Piper Sandler restated a “neutral” rating and set a $13.00 target price (down from $14.00) on shares of Xponential Fitness in a research report on Friday. Roth Capital raised shares of Xponential Fitness to a “strong-buy” rating in a report on Monday, June 17th. Roth Mkm dropped their price target on Xponential Fitness from $22.00 to $19.00 and set a “buy” rating for the company in a research note on Friday. Finally, Robert W. Baird reduced their target price on shares of Xponential Fitness from $16.00 to $15.00 and set a “neutral” rating on the stock in a report on Friday. Four equities research analysts have rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $18.25.

Xponential Fitness Price Performance

NYSE XPOF traded up $0.01 during mid-day trading on Monday, reaching $13.14. 886,223 shares of the stock were exchanged, compared to its average volume of 790,450. The stock has a market cap of $631.67 million, a P/E ratio of -23.44 and a beta of 1.23. The stock has a 50 day simple moving average of $14.64 and a 200-day simple moving average of $13.17. Xponential Fitness has a one year low of $7.40 and a one year high of $23.93.

Xponential Fitness (NYSE:XPOF) last released its quarterly earnings data on Thursday, August 1st. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.22). The company had revenue of $76.50 million for the quarter, compared to the consensus estimate of $83.63 million. Xponential Fitness had a negative return on equity of 9.53% and a negative net margin of 6.51%. Xponential Fitness’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same period last year, the company earned $0.07 EPS. Sell-side analysts anticipate that Xponential Fitness will post 0.92 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in XPOF. nVerses Capital LLC purchased a new stake in Xponential Fitness during the second quarter valued at $34,000. Dnca Finance bought a new stake in Xponential Fitness during the second quarter worth approximately $107,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Xponential Fitness during the fourth quarter valued at approximately $143,000. Quest Partners LLC bought a new stake in shares of Xponential Fitness in the 4th quarter valued at approximately $174,000. Finally, Principal Financial Group Inc. purchased a new position in shares of Xponential Fitness in the 1st quarter worth approximately $278,000. 58.55% of the stock is owned by hedge funds and other institutional investors.

Xponential Fitness Company Profile

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