Xponential Fitness (NYSE:XPOF - Get Free Report) is scheduled to post its quarterly earnings results after the market closes on Thursday, May 2nd. Analysts expect Xponential Fitness to post earnings of $0.18 per share for the quarter. Xponential Fitness has set its FY 2024 guidance at EPS.Individual that wish to listen to the company's earnings conference call can do so using this link.
Xponential Fitness (NYSE:XPOF - Get Free Report) last announced its earnings results on Thursday, February 29th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.03). Xponential Fitness had a negative net margin of 0.28% and a negative return on equity of 16.60%. The company had revenue of $90.20 million for the quarter, compared to the consensus estimate of $81.71 million. During the same quarter in the previous year, the firm earned $0.11 earnings per share. The company's revenue for the quarter was up 26.6% compared to the same quarter last year. On average, analysts expect Xponential Fitness to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Xponential Fitness Stock Performance
Xponential Fitness stock traded down $0.08 during mid-day trading on Thursday, hitting $12.47. 564,533 shares of the company traded hands, compared to its average volume of 668,800. Xponential Fitness has a one year low of $8.30 and a one year high of $33.58. The stock has a market cap of $592.20 million, a price-to-earnings ratio of -7.56 and a beta of 1.09. The stock has a fifty day moving average price of $13.58 and a 200-day moving average price of $13.00.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on the stock. Citigroup dropped their target price on shares of Xponential Fitness from $23.00 to $21.00 and set a "buy" rating for the company in a research report on Monday, March 4th. Piper Sandler restated a "neutral" rating and issued a $13.00 price objective (down from $21.00) on shares of Xponential Fitness in a report on Wednesday, January 3rd. Bank of America boosted their price objective on shares of Xponential Fitness from $13.00 to $15.50 and gave the stock a "neutral" rating in a report on Wednesday, March 13th. Robert W. Baird lowered their price objective on shares of Xponential Fitness from $16.00 to $14.00 and set a "neutral" rating for the company in a report on Friday, March 1st. Finally, Stifel Nicolaus restated a "buy" rating and issued a $20.00 price objective on shares of Xponential Fitness in a report on Friday, April 12th. Three equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Xponential Fitness has a consensus rating of "Moderate Buy" and an average target price of $23.06.
View Our Latest Research Report on Xponential Fitness
Insider Activity at Xponential Fitness
In related news, President Sarah Luna sold 5,399 shares of the company's stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $10.01, for a total transaction of $54,043.99. Following the completion of the sale, the president now directly owns 265,247 shares in the company, valued at approximately $2,655,122.47. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Xponential Fitness news, CFO John P. Meloun sold 6,160 shares of the business's stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $10.09, for a total transaction of $62,154.40. Following the transaction, the chief financial officer now directly owns 245,003 shares of the company's stock, valued at approximately $2,472,080.27. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, President Sarah Luna sold 5,399 shares of the business's stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $10.01, for a total transaction of $54,043.99. Following the transaction, the president now directly owns 265,247 shares in the company, valued at $2,655,122.47. The disclosure for this sale can be found here. Insiders sold 35,632 shares of company stock worth $356,848 in the last three months. 47.86% of the stock is owned by insiders.
Xponential Fitness Company Profile
(
Get Free Report)
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.
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