Xponential Fitness, Inc. (NYSE:XPOF) Stock Has Consensus Target Price of $6.50 According to Analysts

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have earned a consensus recommendation of “Hold” from the twelve research firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $6.50.

A number of research analysts recently issued reports on XPOF shares. B. Riley Financial dropped their price target on Xponential Fitness from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Monday, August 10th. Weiss Ratings lowered Xponential Fitness from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, October 2nd. Guggenheim cut Xponential Fitness from a “buy” rating to a “neutral” rating in a research note on Friday, August 7th. UBS Group decreased their price objective on Xponential Fitness from $7.00 to $4.50 and set a “neutral” rating for the company in a report on Wednesday, September 16th. Finally, Robert W. Baird set a $5.50 price objective on Xponential Fitness in a report on Friday, August 7th.

Institutional Trading of Xponential Fitness

Several institutional investors and hedge funds have recently bought and sold shares of the business. Ameritas Advisory Services LLC acquired a new stake in Xponential Fitness during the 2nd quarter worth $35,000. IMC Chicago LLC purchased a new position in Xponential Fitness during the 1st quarter worth $76,000. Sei Investments Co. purchased a new position in Xponential Fitness during the 1st quarter worth $137,000. Quantinno Capital Management LP increased its stake in Xponential Fitness by 33.9% in the first quarter. Quantinno Capital Management LP now owns 29,268 shares of the company’s stock valued at $176,000 after purchasing an additional 7,410 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Xponential Fitness in the second quarter valued at about $713,000. Hedge funds and other institutional investors own 58.55% of the company’s stock.

Xponential Fitness Price Performance

NYSE XPOF opened at $4.96 on Friday. The company has a fifty day moving average of $4.80 and a two-hundred day moving average of $5.82. The company has a market capitalization of $244.38 million, a PE ratio of -3.37 and a beta of 1.20. Xponential Fitness has a 1 year low of $3.57 and a 1 year high of $9.25.

Xponential Fitness (NYSE:XPOF) last posted its earnings results on Thursday, August 6th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.11). Xponential Fitness had a negative return on equity of 3.40% and a negative net margin of 13.64%. The firm had revenue of $65.97 million for the quarter, compared to analyst estimates of $64.42 million. During the same quarter last year, the firm posted $0.26 EPS. The firm’s revenue for the quarter was down 13.4% on a year-over-year basis. On average, research analysts expect that Xponential Fitness will post 0.14 earnings per share for the current year.

About Xponential Fitness

Xponential Fitness, Inc is a franchisor of boutique fitness and wellness brands. The company provides franchisees with brand concepts, operating systems, training, marketing support, technology and other resources intended to help them develop and operate fitness studios.

Its portfolio has included brands such as Club Pilates, CycleBar, StretchLab, YogaSix, Pure Barre, AKT, Rumble and BFT, along with wellness-focused concepts including Lindora. These businesses offer services such as Pilates, indoor cycling, assisted stretching, yoga, barre, dance-based workouts, boxing-inspired fitness, strength training and wellness programs.

Founded in 2017, Xponential Fitness is based in Irvine, California.