Xponential Fitness, Inc. (NYSE:XPOF) Given Average Recommendation of “Moderate Buy” by Analysts

Xponential Fitness, Inc. (NYSE:XPOF) has been assigned a consensus rating of “Moderate Buy” from the eleven research firms that are presently covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $15.28.

Several analysts have recently issued reports on XPOF shares. Northland Securities began coverage on Xponential Fitness in a research report on Thursday, January 23rd. They issued a “market perform” rating and a $17.50 price objective on the stock. Stifel Nicolaus cut shares of Xponential Fitness from a “buy” rating to a “hold” rating and decreased their price target for the stock from $20.00 to $12.00 in a research note on Friday, March 14th. B. Riley cut their price objective on shares of Xponential Fitness from $12.00 to $9.00 and set a “neutral” rating for the company in a research report on Friday, March 14th. Lake Street Capital decreased their target price on shares of Xponential Fitness from $20.00 to $16.00 and set a “buy” rating on the stock in a research report on Friday, March 14th. Finally, Northland Capmk upgraded Xponential Fitness to a “hold” rating in a report on Thursday, January 23rd.

Xponential Fitness Trading Down 6.2 %

XPOF stock opened at $7.54 on Monday. The firm has a 50 day moving average of $13.10 and a 200-day moving average of $13.65. The company has a market cap of $365.33 million, a price-to-earnings ratio of -6.50 and a beta of 1.57. Xponential Fitness has a 12-month low of $7.14 and a 12-month high of $18.95.

Xponential Fitness (NYSE:XPOF) last issued its quarterly earnings data on Thursday, March 13th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.63). Xponential Fitness had a negative return on equity of 4.37% and a negative net margin of 9.15%. The firm had revenue of $83.22 million for the quarter, compared to analyst estimates of $81.12 million. During the same period in the prior year, the firm posted $0.08 earnings per share. The business’s revenue for the quarter was down 6.8% compared to the same quarter last year. Sell-side analysts forecast that Xponential Fitness will post 0.61 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Xponential Fitness

Institutional investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its stake in shares of Xponential Fitness by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 539,904 shares of the company’s stock valued at $7,263,000 after purchasing an additional 1,468 shares in the last quarter. State Street Corp lifted its position in Xponential Fitness by 0.4% during the third quarter. State Street Corp now owns 541,092 shares of the company’s stock valued at $6,710,000 after buying an additional 1,977 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Xponential Fitness during the fourth quarter worth approximately $29,000. Charles Schwab Investment Management Inc. increased its position in shares of Xponential Fitness by 1.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 195,380 shares of the company’s stock worth $2,423,000 after acquiring an additional 2,670 shares in the last quarter. Finally, Financial Management Professionals Inc. raised its stake in shares of Xponential Fitness by 117.6% in the 4th quarter. Financial Management Professionals Inc. now owns 5,021 shares of the company’s stock valued at $68,000 after acquiring an additional 2,714 shares during the period. Hedge funds and other institutional investors own 58.55% of the company’s stock.

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.