Xponential Fitness (NYSE:XPOF) Announces Earnings Results, Misses Expectations By $0.02 EPS

Xponential Fitness (NYSE:XPOF) issued its earnings results on Thursday. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02), Briefing.com reports. Xponential Fitness had a negative return on equity of 7.73% and a net margin of 1.90%. The firm had revenue of $79.52 million during the quarter, compared to analyst estimates of $78.77 million. During the same period in the previous year, the company earned ($0.02) EPS. Xponential Fitness’s revenue for the quarter was up 12.5% on a year-over-year basis.

Xponential Fitness Trading Down 14.1 %

Shares of XPOF stock opened at $11.53 on Friday. The firm has a 50-day moving average of $13.92 and a 200-day moving average of $12.92. Xponential Fitness has a one year low of $8.30 and a one year high of $33.49.

Insider Buying and Selling

In other Xponential Fitness news, President Sarah Luna sold 5,399 shares of the company’s stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $10.01, for a total value of $54,043.99. Following the completion of the transaction, the president now owns 265,247 shares in the company, valued at approximately $2,655,122.47. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CEO Anthony Geisler sold 17,901 shares of the company’s stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $9.93, for a total value of $177,756.93. Following the transaction, the chief executive officer now owns 394,011 shares in the company, valued at $3,912,529.23. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, President Sarah Luna sold 5,399 shares of the stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $10.01, for a total value of $54,043.99. Following the transaction, the president now directly owns 265,247 shares of the company’s stock, valued at $2,655,122.47. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 35,632 shares of company stock worth $356,848. 47.83% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have commented on XPOF shares. Citigroup cut their target price on Xponential Fitness from $23.00 to $21.00 and set a “buy” rating on the stock in a report on Monday, March 4th. B. Riley upped their target price on Xponential Fitness from $28.00 to $31.00 and gave the company a “buy” rating in a report on Friday. Bank of America increased their target price on shares of Xponential Fitness from $13.00 to $15.50 and gave the company a “neutral” rating in a research report on Wednesday, March 13th. Robert W. Baird dropped their price target on shares of Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating on the stock in a research report on Friday, March 1st. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $20.00 price objective on shares of Xponential Fitness in a research report on Friday, April 12th. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $23.85.

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.