Xponential Fitness, Inc. (NYSE:XPOF) Receives $8.50 Average Target Price from Brokerages

Xponential Fitness, Inc. (NYSE:XPOF) has been assigned an average rating of “Hold” from the ten brokerages that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and one has given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $8.50.

Several equities research analysts recently commented on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Xponential Fitness in a report on Monday, April 20th. Raymond James Financial reiterated a “market perform” rating on shares of Xponential Fitness in a report on Thursday, March 19th. Robert W. Baird dropped their target price on Xponential Fitness from $8.00 to $6.50 and set a “neutral” rating on the stock in a report on Friday, February 27th. KeyCorp began coverage on Xponential Fitness in a report on Thursday, March 12th. They set a “sector weight” rating on the stock. Finally, Zacks Research upgraded Xponential Fitness from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th.

Institutional Investors Weigh In On Xponential Fitness

A number of hedge funds have recently bought and sold shares of the business. SkyView Investment Advisors LLC grew its stake in Xponential Fitness by 4.9% during the 2nd quarter. SkyView Investment Advisors LLC now owns 39,871 shares of the company’s stock valued at $302,000 after purchasing an additional 1,859 shares in the last quarter. Raymond James Financial Inc. grew its stake in Xponential Fitness by 20.4% during the 3rd quarter. Raymond James Financial Inc. now owns 14,732 shares of the company’s stock valued at $115,000 after purchasing an additional 2,500 shares in the last quarter. Rhumbline Advisers grew its stake in Xponential Fitness by 8.1% during the 2nd quarter. Rhumbline Advisers now owns 35,633 shares of the company’s stock valued at $267,000 after purchasing an additional 2,668 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its stake in Xponential Fitness by 1,621.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,632 shares of the company’s stock valued at $30,000 after purchasing an additional 3,421 shares in the last quarter. Finally, Barclays PLC grew its stake in Xponential Fitness by 4.4% during the 4th quarter. Barclays PLC now owns 83,829 shares of the company’s stock valued at $690,000 after purchasing an additional 3,524 shares in the last quarter. Institutional investors and hedge funds own 58.55% of the company’s stock.

Xponential Fitness Stock Performance

Shares of NYSE:XPOF opened at $4.80 on Tuesday. The company has a market cap of $235.77 million, a P/E ratio of -3.47 and a beta of 1.19. Xponential Fitness has a one year low of $3.83 and a one year high of $11.14. The business’s 50-day simple moving average is $6.27 and its 200 day simple moving average is $7.03.

Xponential Fitness (NYSE:XPOF) last announced its earnings results on Thursday, May 7th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.11 by ($0.15). The company had revenue of $60.71 million for the quarter, compared to analysts’ expectations of $63.75 million. Xponential Fitness had a negative net margin of 11.28% and a negative return on equity of 3.40%. The business’s quarterly revenue was down 21.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.20 earnings per share. Analysts predict that Xponential Fitness will post 0.4 earnings per share for the current year.

Xponential Fitness Company Profile

Xponential Fitness is a leading franchisor and operator of boutique fitness studios headquartered in Irvine, California. The company specializes in developing, marketing, and supporting a portfolio of fitness brands that deliver low-impact cardio, strength training, and mindful movement workouts. Through its asset-light franchise model, Xponential provides entrepreneurs with proprietary studio designs, branded equipment, digital support, and comprehensive training programs to ensure consistent member experiences.

Its portfolio comprises core brands such as Club Pilates, Pure Barre, CycleBar, StretchLab, YogaSix, Row House, Rumble, AKT, and STRIDE.