Xponential Fitness (NYSE:XPOF) Trading Down 4.6%

Xponential Fitness, Inc. (NYSE:XPOF - Get Free Report) fell 4.6% during trading on Tuesday . The stock traded as low as $13.61 and last traded at $13.62. 152,118 shares were traded during trading, a decline of 77% from the average session volume of 651,853 shares. The stock had previously closed at $14.27.

Analyst Ratings Changes

Several brokerages have commented on XPOF. Stifel Nicolaus restated a "buy" rating and set a $20.00 price objective on shares of Xponential Fitness in a research note on Friday. Bank of America lifted their price objective on shares of Xponential Fitness from $13.00 to $15.50 and gave the company a "neutral" rating in a research note on Wednesday, March 13th. Robert W. Baird decreased their price objective on shares of Xponential Fitness from $16.00 to $14.00 and set a "neutral" rating for the company in a research note on Friday, March 1st. Piper Sandler restated a "neutral" rating and set a $13.00 price objective (down from $21.00) on shares of Xponential Fitness in a research note on Wednesday, January 3rd. Finally, Citigroup cut their target price on shares of Xponential Fitness from $23.00 to $21.00 and set a "buy" rating for the company in a report on Monday, March 4th. Three equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $23.06.

Xponential Fitness Trading Down 4.4 %

The company has a market cap of $647.53 million, a PE ratio of -8.26 and a beta of 1.08. The firm's fifty day moving average is $13.30 and its 200 day moving average is $13.10.

Xponential Fitness (NYSE:XPOF - Get Free Report) last issued its quarterly earnings results on Thursday, February 29th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.03). Xponential Fitness had a negative return on equity of 16.60% and a negative net margin of 0.28%. The company had revenue of $90.20 million during the quarter, compared to analysts' expectations of $81.71 million. During the same period in the previous year, the firm posted $0.11 EPS. Xponential Fitness's revenue was up 26.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Xponential Fitness, Inc. will post 1.11 EPS for the current fiscal year.

Insider Transactions at Xponential Fitness

In other news, insider Andrew Hagopian sold 5,260 shares of the company's stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $10.06, for a total transaction of $52,915.60. Following the completion of the sale, the insider now owns 228,390 shares of the company's stock, valued at $2,297,603.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, President Sarah Luna sold 5,399 shares of the business's stock in a transaction dated 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 owns 265,247 shares of the company's stock, valued at approximately $2,655,122.47. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Andrew Hagopian sold 5,260 shares of the business's stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $10.06, for a total transaction of $52,915.60. Following the transaction, the insider now directly owns 228,390 shares in the company, valued at approximately $2,297,603.40. The disclosure for this sale can be found here. Insiders sold 35,632 shares of company stock valued at $356,848 over the last 90 days. 47.86% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Macquarie Group Ltd. lifted its position in Xponential Fitness by 133.2% in the second quarter. Macquarie Group Ltd. now owns 2,696 shares of the company's stock valued at $34,000 after buying an additional 1,540 shares during the last quarter. Point72 Hong Kong Ltd acquired a new position in Xponential Fitness in the second quarter valued at about $34,000. Ameritas Investment Partners Inc. lifted its position in Xponential Fitness by 50.1% in the second quarter. Ameritas Investment Partners Inc. now owns 2,041 shares of the company's stock valued at $35,000 after buying an additional 681 shares during the last quarter. Quarry LP acquired a new position in Xponential Fitness in the second quarter valued at about $38,000. Finally, Point72 Asset Management L.P. acquired a new position in Xponential Fitness in the fourth quarter valued at about $41,000. Institutional investors and hedge funds own 58.55% of the company's stock.

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.