Brokerages Set Xponential Fitness, Inc. (NYSE:XPOF) PT at $13.94

Shares of Xponential Fitness, Inc. (NYSE:XPOF - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the ten analysts that are currently covering the firm, MarketBeat reports. Six research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $13.94.

A number of research firms recently weighed in on XPOF. Wall Street Zen raised Xponential Fitness from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd. Lake Street Capital decreased their price objective on Xponential Fitness from $20.00 to $16.00 and set a "buy" rating for the company in a report on Friday, March 14th. Guggenheim reiterated a "buy" rating and issued a $13.00 target price on shares of Xponential Fitness in a report on Monday, May 12th. Raymond James Financial reduced their price target on shares of Xponential Fitness from $16.00 to $15.00 and set a "strong-buy" rating for the company in a research report on Friday, May 9th. Finally, Stifel Nicolaus downgraded shares of Xponential Fitness from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $20.00 to $12.00 in a report on Friday, March 14th.

Xponential Fitness Price Performance

Shares of NYSE:XPOF traded down $0.01 during mid-day trading on Friday, hitting $7.95. The company had a trading volume of 726,208 shares, compared to its average volume of 677,529. Xponential Fitness has a one year low of $6.64 and a one year high of $18.95. The firm has a fifty day moving average price of $8.48 and a 200 day moving average price of $11.54. The company has a market capitalization of $386.98 million, a PE ratio of -3.90 and a beta of 1.56.

Xponential Fitness (NYSE:XPOF - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.35). Xponential Fitness had a negative net margin of 20.80% and a negative return on equity of 4.34%. The company had revenue of $76.88 million during the quarter, compared to the consensus estimate of $75.37 million. During the same period last year, the firm posted $0.16 earnings per share. The company's revenue for the quarter was down 3.4% on a year-over-year basis. Research analysts expect that Xponential Fitness will post 0.61 earnings per share for the current fiscal year.

Institutional Trading of Xponential Fitness

Several institutional investors have recently made changes to their positions in the company. Marshall Wace LLP boosted its holdings in Xponential Fitness by 564.8% during the fourth quarter. Marshall Wace LLP now owns 640,769 shares of the company's stock worth $8,618,000 after purchasing an additional 544,382 shares during the last quarter. MSD Partners L.P. boosted its stake in shares of Xponential Fitness by 18.1% in the 1st quarter. MSD Partners L.P. now owns 1,655,090 shares of the company's stock worth $13,787,000 after buying an additional 253,631 shares during the last quarter. Clark Estates Inc. NY purchased a new position in shares of Xponential Fitness in the 4th quarter worth approximately $2,690,000. Prospect Capital Advisors LLC bought a new position in shares of Xponential Fitness in the fourth quarter valued at approximately $2,590,000. Finally, Formula Growth Ltd. increased its position in shares of Xponential Fitness by 119.4% during the fourth quarter. Formula Growth Ltd. now owns 306,119 shares of the company's stock valued at $4,117,000 after acquiring an additional 166,600 shares during the last quarter. Institutional investors own 58.55% of the company's stock.

Xponential Fitness Company Profile

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.