Xponential Fitness, Inc. (NYSE:XPOF) Receives Average Rating of "Hold" from Analysts

Key Points

• Analyst sentiment is neutral: Twelve brokerages give Xponential Fitness an average “Hold” rating, with ten holds, one sell, and one buy. The average 12-month price target is $6.94.
• Shares remain under pressure: XPOF opened at $4.12, near its 52-week low of $3.77 and below its 50-day and 200-day moving averages of $5.75 and $6.06, respectively.
• Quarterly results were mixed: The company reported $65.97 million in revenue, exceeding estimates, but earnings of $0.02 per share fell short of the $0.13 consensus. Revenue declined 13.4% year over year, while institutional investors own 58.55% of the stock.

Xponential Fitness, Inc. (NYSE:XPOF - Get Free Report) has received a consensus rating of "Hold" from the twelve brokerages that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and one has issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $6.9375.

XPOF has been the topic of several research reports. Northland Securities upgraded 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 dropped their price objective on shares of Xponential Fitness from $7.00 to $5.00 and set a "neutral" rating for the company in a report on Monday, August 10th. Weiss Ratings upgraded shares of Xponential Fitness from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Wednesday, August 26th. Wall Street Zen lowered shares of Xponential Fitness from a "hold" rating to a "sell" rating in a report on Saturday, August 1st. Finally, Zacks Research upgraded shares of Xponential Fitness from a "strong sell" rating to a "hold" rating in a research report on Tuesday, July 7th.

Institutional Trading of Xponential Fitness

Several institutional investors have recently modified their holdings of XPOF. SkyView Investment Advisors LLC grew its position in shares of Xponential Fitness by 4.9% during the 2nd quarter. SkyView Investment Advisors LLC now owns 39,871 shares of the company's stock worth $302,000 after buying an additional 1,859 shares during the period. Raymond James Financial Inc. lifted its position in shares of 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 acquiring an additional 2,500 shares during the period. Rhumbline Advisers boosted its stake in Xponential Fitness by 8.1% during the second quarter. Rhumbline Advisers now owns 35,633 shares of the company's stock worth $267,000 after acquiring an additional 2,668 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in Xponential Fitness by 1,621.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,632 shares of the company's stock worth $30,000 after purchasing an additional 3,421 shares during the period. Finally, Barclays PLC grew its holdings in Xponential Fitness by 4.4% in the fourth quarter. Barclays PLC now owns 83,829 shares of the company's stock worth $690,000 after purchasing an additional 3,524 shares during the period. Institutional investors own 58.55% of the company's stock.

Xponential Fitness Price Performance

Shares of Xponential Fitness stock opened at $4.12 on Monday. The company's 50 day moving average price is $5.75 and its two-hundred day moving average price is $6.06. The firm has a market capitalization of $203.44 million, a P/E ratio of -2.81 and a beta of 1.07. Xponential Fitness has a fifty-two week low of $3.77 and a fifty-two week high of $9.25.

Xponential Fitness (NYSE:XPOF - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $65.97 million for the quarter, compared to analyst estimates of $64.42 million. During the same quarter last year, the company posted $0.26 earnings per share. The firm's quarterly revenue was down 13.4% on a year-over-year basis. On average, analysts expect that Xponential Fitness will post 0.26 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.

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