Roth Mkm started coverage on shares of Xponential Fitness (NYSE:XPOF – Free Report) in a report released on Monday, Marketbeat Ratings reports. The firm issued a buy rating and a $22.00 price target on the stock.
Other equities research analysts have also recently issued reports about the company. Stifel Nicolaus reissued a buy rating and issued a $20.00 target price on shares of Xponential Fitness in a research note on Friday, April 12th. Citigroup decreased their target price on shares of Xponential Fitness from $23.00 to $21.00 and set a buy rating for the company in a report on Monday, March 4th. B. Riley increased their price target on shares of Xponential Fitness from $28.00 to $31.00 and gave the company a buy rating in a report on Friday, May 3rd. 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 report on Friday, March 1st. Finally, Piper Sandler cut their target price on Xponential Fitness from $12.00 to $9.00 and set a neutral rating on the stock in a research note on Monday, May 13th. Three research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of Moderate Buy and a consensus price target of $21.55.
Read Our Latest Stock Report on Xponential Fitness
Xponential Fitness Price Performance
Shares of XPOF opened at $15.13 on Monday. Xponential Fitness has a 1 year low of $7.40 and a 1 year high of $28.19. The stock has a 50 day simple moving average of $11.39 and a two-hundred day simple moving average of $12.07. The firm has a market cap of $727.30 million, a P/E ratio of -26.54 and a beta of 1.04.
Xponential Fitness (NYSE:XPOF – Get Free Report) last posted its earnings results on Thursday, May 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.02). The business 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 firm’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.02) earnings per share. On average, equities analysts anticipate that Xponential Fitness will post 0.75 earnings per share for the current year.
Institutional Investors Weigh In On Xponential Fitness
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Xponential Fitness in the fourth quarter worth approximately $143,000. Quest Partners LLC purchased a new stake in shares of Xponential Fitness in the 4th quarter valued at approximately $174,000. Versor Investments LP purchased a new stake in shares of Xponential Fitness in the 4th quarter valued at $240,000. Harbor Capital Advisors Inc. increased its stake in Xponential Fitness by 63.8% during the 4th quarter. Harbor Capital Advisors Inc. now owns 19,521 shares of the company’s stock worth $252,000 after buying an additional 7,605 shares during the period. Finally, Principal Financial Group Inc. purchased a new position in Xponential Fitness in the first quarter valued at $278,000. 58.55% of the stock is owned by institutional investors and hedge funds.
About Xponential Fitness
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
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