Xponential Fitness, Inc. (NYSE:XPOF) Given Average Rating of "Moderate Buy" by Brokerages

Xponential Fitness, Inc. (NYSE:XPOF - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the ten ratings firms that are presently covering the firm, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $13.94.

Several research analysts have recently weighed in on XPOF shares. Lake Street Capital decreased their price objective on shares of Xponential Fitness from $20.00 to $16.00 and set a "buy" rating for the company in a report on Friday, March 14th. Guggenheim reissued a "buy" rating and set a $13.00 price objective on shares of Xponential Fitness in a report on Monday, May 12th. Wall Street Zen upgraded shares of Xponential Fitness from a "hold" rating to a "buy" rating in a research report on Thursday, May 22nd. Raymond James Financial cut their target price 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, B. Riley cut their target price on shares of Xponential Fitness from $12.00 to $9.00 and set a "neutral" rating for the company in a research report on Friday, March 14th.

Xponential Fitness Stock Performance

Shares of Xponential Fitness stock opened at $7.79 on Friday. The company has a 50-day simple moving average of $8.47 and a two-hundred day simple moving average of $11.64. Xponential Fitness has a 52-week low of $6.64 and a 52-week high of $18.95. The stock has a market capitalization of $379.24 million, a PE ratio of -3.82 and a beta of 1.56.

Xponential Fitness (NYSE:XPOF - Get Free Report) last released its quarterly earnings data 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 for the quarter, compared to analysts' expectations of $75.37 million. During the same period in the previous year, the firm earned $0.16 earnings per share. The firm's revenue for the quarter was down 3.4% on a year-over-year basis. As a group, equities research analysts forecast that Xponential Fitness will post 0.61 EPS for the current fiscal year.

Hedge Funds Weigh In On Xponential Fitness

A number of hedge funds have recently modified their holdings of the company. Rhumbline Advisers boosted its position in shares of Xponential Fitness by 3.9% in the first quarter. Rhumbline Advisers now owns 32,965 shares of the company's stock worth $275,000 after purchasing an additional 1,239 shares during the period. Dynamic Technology Lab Private Ltd boosted its position in shares of Xponential Fitness by 142.9% in the first quarter. Dynamic Technology Lab Private Ltd now owns 157,279 shares of the company's stock worth $1,310,000 after purchasing an additional 92,528 shares during the period. K2 Principal Fund L.P. bought a new position in shares of Xponential Fitness in the first quarter worth approximately $750,000. AQR Capital Management LLC boosted its position in shares of Xponential Fitness by 94.8% in the first quarter. AQR Capital Management LLC now owns 69,300 shares of the company's stock worth $577,000 after purchasing an additional 33,722 shares during the period. Finally, MSD Partners L.P. boosted its position in shares of Xponential Fitness by 18.1% in the first quarter. MSD Partners L.P. now owns 1,655,090 shares of the company's stock worth $13,787,000 after purchasing an additional 253,631 shares during the period. 58.55% of the stock is currently owned by institutional investors.

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.

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