Roth Capital upgraded shares of Xponential Fitness (NYSE:XPOF – Free Report) to a strong-buy rating in a report published on Monday morning, Zacks.com reports.
Several other research analysts have also recently issued reports on XPOF. Bank of America increased 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. B. Riley boosted their price objective on shares of Xponential Fitness from $28.00 to $31.00 and gave the stock a buy rating in a report on Friday, May 3rd. Stifel Nicolaus reaffirmed a buy rating and issued a $20.00 target price on shares of Xponential Fitness in a report on Friday, April 12th. Roth Mkm started coverage on Xponential Fitness in a research note on Monday. They set a buy rating and a $22.00 price target on the stock. Finally, Robert W. Baird dropped their price objective on Xponential Fitness from $16.00 to $14.00 and set a neutral rating for the company in a research note on Friday, March 1st. Three research analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and an average price target of $21.55.
Read Our Latest Analysis on XPOF
Xponential Fitness Stock Performance
Shares of Xponential Fitness stock opened at $15.13 on Monday. The company has a market cap of $727.30 million, a P/E ratio of -26.54 and a beta of 1.04. The firm has a fifty day moving average of $11.39 and a two-hundred day moving average of $12.07. Xponential Fitness has a one year low of $7.40 and a one year high of $28.19.
Xponential Fitness (NYSE:XPOF – Get Free Report) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.16 EPS 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 firm had revenue of $79.52 million during the quarter, compared to analyst estimates of $78.77 million. During the same quarter in the previous year, the business earned ($0.02) EPS. Xponential Fitness’s revenue for the quarter was up 12.5% on a year-over-year basis. As a group, equities analysts predict that Xponential Fitness will post 0.75 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in XPOF. Swiss National Bank lifted its stake 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 valued at $842,000 after buying an additional 1,700 shares during the period. Aigen Investment Management LP purchased a new stake in shares of Xponential Fitness in the third quarter valued at $367,000. Algert Global LLC lifted its position in Xponential Fitness by 44.8% during the third quarter. Algert Global LLC now owns 115,416 shares of the company’s stock worth $1,789,000 after buying an additional 35,717 shares during the period. Eagle Asset Management Inc. grew its holdings in Xponential Fitness by 22.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 1,372,839 shares of the company’s stock valued at $21,279,000 after buying an additional 247,115 shares during the period. Finally, Mcmorgan & Co. LLC boosted its holdings in shares of Xponential Fitness by 91.6% in the 3rd quarter. Mcmorgan & Co. LLC now owns 116,319 shares of the company’s stock valued at $1,803,000 after purchasing an additional 55,618 shares during the last quarter. Institutional investors and hedge funds own 58.55% of the company’s stock.
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.
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