UBS Group Begins Coverage on Xponential Fitness (NYSE:XPOF)

Key Points

• UBS Group initiated coverage on Xponential Fitness with a "neutral" rating and set the price target at $8.00, indicating a potential upside of 13.48% from the previous close.
• Raymond James Financial has reduced its price target for Xponential Fitness from $15.00 to $14.00, maintaining a "strong-buy" rating.
• Xponential Fitness reported a quarterly EPS of $0.26, exceeding analysts' expectations, but its revenue fell short of projections, totaling $76.21 million.

Stock analysts at UBS Group started coverage on shares of Xponential Fitness (NYSE:XPOF - Get Free Report) in a research report issued on Friday,Briefing.com Automated Import reports. The brokerage set a "neutral" rating and a $8.00 price target on the stock. UBS Group's price target points to a potential upside of 13.48% from the stock's previous close.

Several other analysts have also recently commented on the company. Raymond James Financial reduced their price target on Xponential Fitness from $15.00 to $14.00 and set a "strong-buy" rating for the company in a report on Friday, August 8th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Xponential Fitness in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $12.31.

Xponential Fitness Price Performance

Xponential Fitness stock opened at $7.05 on Friday. The business has a 50 day simple moving average of $8.18 and a 200-day simple moving average of $8.60. Xponential Fitness has a 12 month low of $6.64 and a 12 month high of $18.87. The stock has a market capitalization of $344.29 million, a PE ratio of -4.01 and a beta of 1.45.

Xponential Fitness (NYSE:XPOF - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.26 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.07. The firm had revenue of $76.21 million for the quarter, compared to analysts' expectations of $77.23 million. The firm's quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.29) EPS. Xponential Fitness has set its FY 2025 guidance at EPS. As a group, equities research analysts anticipate that Xponential Fitness will post 0.61 EPS for the current year.

Insider Activity at Xponential Fitness

In other Xponential Fitness news, Director Bruce N. Haase acquired 70,000 shares of the stock in a transaction that occurred on Tuesday, August 12th. The shares were purchased at an average cost of $7.67 per share, with a total value of $536,900.00. Following the purchase, the director owned 95,937 shares in the company, valued at approximately $735,836.79. The trade was a 269.88% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 42.26% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Nomura Holdings Inc. grew its holdings in Xponential Fitness by 3,716.6% during the 2nd quarter. Nomura Holdings Inc. now owns 1,297,829 shares of the company's stock valued at $9,721,000 after buying an additional 1,263,824 shares during the last quarter. SkyView Investment Advisors LLC boosted its stake in shares of Xponential Fitness by 4.9% during the second quarter. SkyView Investment Advisors LLC now owns 39,871 shares of the company's stock valued at $302,000 after acquiring an additional 1,859 shares during the last quarter. Solel Partners LP purchased a new stake in Xponential Fitness during the 2nd quarter worth about $1,945,000. Man Group plc increased its position in Xponential Fitness by 167.7% during the 2nd quarter. Man Group plc now owns 85,653 shares of the company's stock worth $642,000 after purchasing an additional 53,661 shares in the last quarter. Finally, Militia Capital Partners LP acquired a new position in Xponential Fitness in the 2nd quarter valued at about $126,000. 58.55% of the stock is owned by hedge funds and other institutional investors.

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.

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