Xponential Fitness, Inc. (NYSE:XPOF) Given Average Recommendation of “Hold” by Brokerages

Xponential Fitness, Inc. (NYSE:XPOF) has been assigned a consensus recommendation of “Hold” from the eleven brokerages that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $8.4375.

Several research analysts have commented on the stock. Zacks Research raised shares of Xponential Fitness from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. Wall Street Zen lowered shares of Xponential Fitness from a “hold” rating to a “sell” rating in a research report on Saturday. Northland Securities raised shares of Xponential Fitness from a “market perform” rating to an “outperform” rating and set a $8.00 price target on the stock in a report on Wednesday, May 20th. Roth Capital set a $7.00 price objective on Xponential Fitness in a research report on Friday, May 8th. Finally, Lake Street Capital lowered Xponential Fitness from a “buy” rating to a “hold” rating and set a $6.00 price objective for the company. in a research note on Friday, May 8th.

Xponential Fitness Trading Down 0.1%

Shares of Xponential Fitness stock opened at $6.53 on Friday. Xponential Fitness has a 12-month low of $3.83 and a 12-month high of $10.72. The company has a market cap of $320.83 million, a price-to-earnings ratio of -4.73 and a beta of 1.07. The company’s 50-day moving average price is $6.43 and its 200-day moving average price is $6.71.

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

Institutional Trading of Xponential Fitness

Institutional investors and hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd boosted its position in shares of 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 acquiring an additional 3,421 shares during the last quarter. Aquatic Capital Management LLC purchased a new stake in Xponential Fitness in the third quarter valued at approximately $44,000. Larson Financial Group LLC bought a new stake in Xponential Fitness during the third quarter valued at approximately $54,000. Wexford Capital LP bought a new stake in Xponential Fitness during the third quarter valued at approximately $59,000. Finally, IMC Chicago LLC bought a new stake in Xponential Fitness during the first quarter valued at approximately $76,000. Hedge funds and other institutional investors own 58.55% of the company’s stock.

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.