Sunday, November 24, 2024

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

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Shares of Xponential Fitness, Inc. (NYSE:XPOFGet Free Report) have earned a consensus rating of “Moderate Buy” from the eleven analysts that are presently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $21.05.

Several analysts have commented on XPOF shares. Guggenheim boosted their price target on shares of Xponential Fitness from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Tuesday, June 18th. Roth Capital upgraded shares of Xponential Fitness to a “strong-buy” rating in a research note on Monday, June 17th. Stifel Nicolaus reiterated a “buy” rating and issued a $20.00 price target on shares of Xponential Fitness in a research note on Friday, April 12th. Roth Mkm started coverage on shares of Xponential Fitness in a research note on Monday, June 17th. They issued a “buy” rating and a $22.00 price target on the stock. Finally, B. Riley boosted their price target on shares of Xponential Fitness from $28.00 to $31.00 and gave the stock a “buy” rating in a research note on Friday, May 3rd.

Read Our Latest Stock Analysis on XPOF

Xponential Fitness Stock Performance

Shares of Xponential Fitness stock opened at $16.05 on Wednesday. The company has a market capitalization of $771.52 million, a P/E ratio of -28.16 and a beta of 1.22. The company has a fifty day moving average of $11.77 and a 200 day moving average of $12.36. Xponential Fitness has a fifty-two week low of $7.40 and a fifty-two week high of $24.00.

Xponential Fitness (NYSE:XPOFGet Free Report) last issued its earnings results on Thursday, May 2nd. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.02). The firm had revenue of $79.52 million during the quarter, compared to the consensus estimate of $78.77 million. Xponential Fitness had a negative return on equity of 7.65% and a net margin of 1.90%. The company’s quarterly revenue was up 12.5% on a year-over-year basis. During the same period in the prior year, the company posted ($0.02) EPS. Analysts forecast that Xponential Fitness will post 0.95 EPS for the current year.

Institutional Trading of Xponential Fitness

Several hedge funds have recently made changes to their positions in the business. Trexquant Investment LP bought a new position in Xponential Fitness during the 3rd quarter valued at about $598,000. Schonfeld Strategic Advisors LLC bought a new position in Xponential Fitness during the 3rd quarter valued at about $2,750,000. Kennedy Capital Management LLC bought a new position in Xponential Fitness during the 3rd quarter valued at about $1,006,000. Jacobs Levy Equity Management Inc. bought a new position in Xponential Fitness during the 3rd quarter valued at about $10,415,000. Finally, Graham Capital Management L.P. grew its holdings in Xponential Fitness by 50.2% during the 3rd quarter. Graham Capital Management L.P. now owns 22,783 shares of the company’s stock valued at $353,000 after purchasing an additional 7,618 shares during the last quarter. 58.55% of the stock is currently owned by hedge funds and other institutional investors.

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.

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Analyst Recommendations for Xponential Fitness (NYSE:XPOF)



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