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

Key Points

• Xponential Fitness has a consensus “Hold” rating from 12 analysts, with 10 holds, one sell and one buy. The average 12-month price target is $6.50.
• Several analysts recently lowered their price targets, including UBS Group to $4.50 and Roth Capital to $5.00, both maintaining neutral ratings.
• XPOF shares opened at $4.76, while the company’s latest quarterly results missed earnings expectations: adjusted EPS was $0.02 versus a $0.13 consensus estimate, despite revenue exceeding forecasts.

Xponential Fitness, Inc. (NYSE:XPOF - Get Free Report) has earned a consensus recommendation of "Hold" from the twelve analysts that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $6.50.

A number of analysts have commented on XPOF shares. UBS Group reduced their price target on Xponential Fitness from $7.00 to $4.50 and set a "neutral" rating for the company in a research report on Wednesday, September 16th. Roth Capital lowered their price objective on Xponential Fitness from $7.00 to $5.00 and set a "neutral" rating on the stock in a research report on Monday, August 10th. Weiss Ratings upgraded Xponential Fitness from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Friday, October 16th. Robert W. Baird set a $5.50 price objective on Xponential Fitness in a research note on Friday, August 7th. Finally, Wall Street Zen lowered shares of Xponential Fitness from a "hold" rating to a "sell" rating in a report on Saturday, August 1st.

Hedge Funds Weigh In On Xponential Fitness

A number of hedge funds have recently modified their holdings of XPOF. Ameritas Advisory Services LLC purchased a new stake in shares of Xponential Fitness in the second quarter worth $35,000. Covestor Ltd lifted its stake in shares of Xponential Fitness by 30,046.2% during the 3rd quarter. Covestor Ltd now owns 11,757 shares of the company's stock valued at $53,000 after buying an additional 11,718 shares in the last quarter. IMC Chicago LLC bought a new position in Xponential Fitness in the 1st quarter worth $76,000. Sei Investments Co. bought a new position in Xponential Fitness in the 1st quarter worth $137,000. Finally, Quantinno Capital Management LP boosted its holdings in Xponential Fitness by 33.9% in the 1st quarter. Quantinno Capital Management LP now owns 29,268 shares of the company's stock worth $176,000 after buying an additional 7,410 shares during the period. 58.55% of the stock is currently owned by institutional investors.

Xponential Fitness Price Performance

Shares of XPOF stock opened at $4.76 on Tuesday. Xponential Fitness has a 1 year low of $3.57 and a 1 year high of $9.25. The firm has a fifty day moving average price of $4.48 and a 200-day moving average price of $6.03. The company has a market cap of $235.03 million, a price-to-earnings ratio of -3.24 and a beta of 1.20.

Xponential Fitness (NYSE:XPOF - Get Free Report) last announced 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). The company had revenue of $65.97 million during the quarter, compared to the consensus estimate of $64.42 million. Xponential Fitness had a negative return on equity of 3.40% and a negative net margin of 13.64%. Xponential Fitness's revenue for the quarter was down 13.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.26 earnings per share. Equities research analysts expect that Xponential Fitness will post 0.14 EPS for the current year.

About Xponential Fitness

Xponential Fitness, Inc is a franchisor of boutique health and wellness businesses. Founded in 2017 and headquartered in Irvine, California, the company develops and supports specialized fitness concepts that operate through franchised studios and licensed locations.

Its portfolio has included Club Pilates, CycleBar, StretchLab, YogaSix, Pure Barre, AKT, Rumble, STRIDE Fitness and BFT, which offer services such as Pilates, indoor cycling, assisted stretching, yoga, barre, dance-based workouts, boxing-inspired training and group fitness.

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