Analysts Set Xponential Fitness, Inc. (NYSE:XPOF) PT at $12.93

Key Points

• Xponential Fitness, Inc. has received a consensus rating of "Moderate Buy" from eight brokerages, with a twelve-month average price target of $12.93.
• Despite a recent 26.6% decline in stock price, several analysts have upgraded their ratings and price targets for Xponential Fitness, with notable upgrades from Wall Street Zen and Guggenheim.
• Institutional investors hold 58.55% of Xponential Fitness stock, with significant recent activity including a 380.9% increase in holdings by JPMorgan Chase & Co.

Shares of Xponential Fitness, Inc. (NYSE:XPOF - Get Free Report) have earned an average rating of "Moderate Buy" from the eight brokerages that are currently covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $12.9286.

XPOF has been the topic of a number of recent research reports. Raymond James Financial lowered their target price on Xponential Fitness from $15.00 to $14.00 and set a "strong-buy" rating on the stock in a research note on Friday, August 8th. Guggenheim reissued a "buy" rating and issued a $13.00 price objective on shares of Xponential Fitness in a report on Monday, May 12th. Finally, Wall Street Zen raised Xponential Fitness from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd.

Insider Transactions at Xponential Fitness

In other Xponential Fitness news, Director Bruce N. Haase purchased 70,000 shares of Xponential Fitness stock in a transaction on Tuesday, August 12th. The shares were bought at an average price of $7.67 per share, with a total value of $536,900.00. Following the purchase, the director directly owned 95,937 shares in the company, valued at $735,836.79. This trade represents a 269.88% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 47.83% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Xponential Fitness in the 4th quarter valued at $29,000. Point72 Asset Management L.P. acquired a new stake in Xponential Fitness in the 4th quarter valued at $46,000. Ameritas Advisory Services LLC acquired a new stake in Xponential Fitness in the 2nd quarter valued at $37,000. Mariner LLC acquired a new stake in Xponential Fitness in the 4th quarter valued at $163,000. Finally, Wells Fargo & Company MN increased its holdings in Xponential Fitness by 35.1% in the 4th quarter. Wells Fargo & Company MN now owns 14,860 shares of the company's stock valued at $200,000 after purchasing an additional 3,860 shares in the last quarter. 58.55% of the stock is owned by hedge funds and other institutional investors.

Xponential Fitness Stock Performance

XPOF stock traded up $0.65 on Friday, hitting $8.50. 840,764 shares of the company's stock were exchanged, compared to its average volume of 729,028. Xponential Fitness has a 12-month low of $6.64 and a 12-month high of $18.87. The firm has a 50 day moving average price of $9.33 and a two-hundred day moving average price of $10.30. The stock has a market cap of $413.45 million, a P/E ratio of -4.83 and a beta of 1.50.

Xponential Fitness (NYSE:XPOF - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.07. The firm had revenue of $76.21 million during the quarter, compared to analysts' expectations of $77.23 million. The company's revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.29) earnings per share. Sell-side analysts expect that Xponential Fitness will post 0.61 earnings per share for the current fiscal year.

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.