Friday, November 22, 2024

Xponential Fitness, Inc. (NYSE:XPOF) Receives Consensus Rating of “Moderate Buy” from Analysts

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Xponential Fitness, Inc. (NYSE:XPOFGet Free Report) has earned an average recommendation of “Moderate Buy” from the nine research firms that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $21.50.

A number of equities analysts have issued reports on the stock. Piper Sandler cut their price objective on shares of Xponential Fitness from $12.00 to $9.00 and set a “neutral” rating on the stock in a report on Monday, May 13th. Robert W. Baird decreased their price objective on shares of Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating for the company in a research note on Friday, March 1st. Citigroup cut their target price on Xponential Fitness from $23.00 to $21.00 and set a “buy” rating on the stock in a research note on Monday, March 4th. B. Riley increased their price target on Xponential Fitness from $28.00 to $31.00 and gave the company a “buy” rating in a research report on Friday, May 3rd. Finally, Bank of America boosted their price objective on Xponential Fitness from $13.00 to $15.50 and gave the stock a “neutral” rating in a research report on Wednesday, March 13th.

Read Our Latest Analysis on Xponential Fitness

Xponential Fitness Trading Down 1.9 %

Shares of XPOF stock opened at $11.11 on Friday. The firm has a fifty day simple moving average of $11.78 and a two-hundred day simple moving average of $12.18. Xponential Fitness has a 12 month low of $7.40 and a 12 month high of $29.16. The firm has a market capitalization of $534.06 million, a PE ratio of -19.49 and a beta of 1.03.

Xponential Fitness (NYSE:XPOFGet Free Report) last posted its earnings results on Thursday, May 2nd. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.02). Xponential Fitness had a negative return on equity of 7.65% and a net margin of 1.90%. The business had revenue of $79.52 million for the quarter, compared to the consensus estimate of $78.77 million. During the same period in the previous year, the firm earned ($0.02) earnings per share. The company’s revenue was up 12.5% on a year-over-year basis. On average, equities analysts predict that Xponential Fitness will post 0.75 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Voss Capital LLC purchased a new position in shares of Xponential Fitness in the fourth quarter valued at $29,776,000. MSD Partners L.P. increased its position in shares of Xponential Fitness by 116.2% during the third quarter. MSD Partners L.P. now owns 1,761,319 shares of the company’s stock valued at $27,300,000 after buying an additional 946,757 shares during the period. Eagle Asset Management Inc. lifted its holdings in shares of Xponential Fitness by 22.0% in the third quarter. Eagle Asset Management Inc. now owns 1,372,839 shares of the company’s stock worth $21,279,000 after buying an additional 247,115 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Xponential Fitness by 0.4% in the third quarter. Vanguard Group Inc. now owns 1,325,963 shares of the company’s stock valued at $20,552,000 after acquiring an additional 5,245 shares during the period. Finally, Kent Lake Capital LLC grew its stake in Xponential Fitness by 276.0% during the first quarter. Kent Lake Capital LLC now owns 882,443 shares of the company’s stock valued at $14,596,000 after acquiring an additional 647,743 shares in the last quarter. Hedge funds and other institutional investors own 58.55% of the company’s stock.

About Xponential Fitness

(Get Free Report

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.

Further Reading

Analyst Recommendations for Xponential Fitness (NYSE:XPOF)



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