Xponential Fitness, Inc. (NYSE:XPOF – Get Free Report)’s stock price dropped 3.2% during mid-day trading on Monday . The company traded as low as $15.79 and last traded at $15.85. Approximately 18,211 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 795,917 shares. The stock had previously closed at $16.37.
Wall Street Analyst Weigh In
XPOF has been the topic of a number of analyst reports. Stifel Nicolaus reiterated a “buy” rating and issued a $20.00 price target on shares of Xponential Fitness in a report on Friday, April 12th. Roth Mkm assumed coverage on Xponential Fitness in a report on Monday, June 17th. They issued a “buy” rating and a $22.00 price target for the company. Guggenheim increased their target price on Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a report on Tuesday, June 18th. Citigroup dropped their price target on Xponential Fitness from $23.00 to $21.00 and set a “buy” rating for the company in a research report on Monday, March 4th. Finally, Robert W. Baird lowered their price objective on Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating for the company in a research report on Friday, March 1st. Three investment analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $21.05.
Read Our Latest Research Report on Xponential Fitness
Xponential Fitness Stock Down 1.3 %
The stock has a 50 day simple moving average of $11.51 and a two-hundred day simple moving average of $12.18.
Xponential Fitness (NYSE:XPOF – Get Free Report) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). Xponential Fitness had a net margin of 1.90% and a negative return on equity of 7.65%. The business had revenue of $79.52 million during the quarter, compared to analyst estimates of $78.77 million. During the same quarter in the prior year, the business earned ($0.02) earnings per share. The firm’s quarterly revenue was up 12.5% on a year-over-year basis. Equities research analysts predict that Xponential Fitness, Inc. will post 0.95 EPS for the current year.
Hedge Funds Weigh In On Xponential Fitness
Several hedge funds have recently made changes to their positions in XPOF. Swiss National Bank grew its holdings in shares of Xponential Fitness by 3.2% during the third quarter. Swiss National Bank now owns 54,300 shares of the company’s stock worth $842,000 after buying an additional 1,700 shares during the last quarter. Aigen Investment Management LP grew its stake in shares of Xponential Fitness by 11.3% during the 4th quarter. Aigen Investment Management LP now owns 26,360 shares of the company’s stock valued at $340,000 after buying an additional 2,684 shares during the period. Vanguard Group Inc. increased its position in Xponential Fitness by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 1,325,963 shares of the company’s stock worth $20,552,000 after purchasing an additional 5,245 shares in the last quarter. Harbor Capital Advisors Inc. increased its position 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 purchasing an additional 7,605 shares in the last quarter. Finally, Graham Capital Management L.P. grew its position in Xponential Fitness by 50.2% in the third quarter. Graham Capital Management L.P. now owns 22,783 shares of the company’s stock valued at $353,000 after acquiring an additional 7,618 shares in the last quarter. 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.
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