Xponential Fitness, Inc. (NYSE:XPOF) Given Average Recommendation of "Hold" by Brokerages

Key Points

• Analyst sentiment is neutral: Xponential Fitness has a consensus “Hold” rating from 12 analysts, with an average 12-month price target of $6.94. Several firms recently cut their targets to $5–$5.50, while Guggenheim downgraded the stock from “Buy” to “Neutral.”
• Institutional ownership remains significant: Hedge funds and other institutions own 58.55% of XPOF, with Voss Capital increasing its position by 86.7% during the fourth quarter.
• Recent performance was weak: Shares opened at $4.95, down 2.5%, and remain below their 50- and 200-day moving averages. Quarterly EPS of $0.02 missed estimates of $0.13, while revenue fell 13.4% year over year despite exceeding forecasts.

Xponential Fitness, Inc. (NYSE:XPOF - Get Free Report) has earned a consensus rating of "Hold" from the twelve analysts that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $6.9375.

Several research firms have commented on XPOF. Robert W. Baird set a $5.50 price objective on Xponential Fitness in a research report on Friday, August 7th. Roth Capital decreased their target price on Xponential Fitness from $7.00 to $5.00 and set a "neutral" rating for the company in a research report on Monday, August 10th. Zacks Research upgraded Xponential Fitness from a "strong sell" rating to a "hold" rating in a research note on Tuesday, July 7th. B. Riley Financial dropped their target price on Xponential Fitness from $6.00 to $5.00 and set a "neutral" rating on the stock in a report on Monday, August 10th. Finally, Guggenheim cut Xponential Fitness from a "buy" rating to a "neutral" rating in a report on Friday, August 7th.

Hedge Funds Weigh In On Xponential Fitness

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Voss Capital LP increased its position in shares of Xponential Fitness by 86.7% during the fourth quarter. Voss Capital LP now owns 6,033,653 shares of the company's stock worth $49,657,000 after acquiring an additional 2,801,153 shares during the last quarter. Citizens Business Bank purchased a new position in Xponential Fitness in the first quarter valued at about $12,040,000. Vanguard Group Inc. grew its stake in Xponential Fitness by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 1,554,023 shares of the company's stock valued at $12,106,000 after purchasing an additional 4,495 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Xponential Fitness by 8.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,463,682 shares of the company's stock valued at $11,402,000 after purchasing an additional 109,432 shares in the last quarter. Finally, Nomura Holdings Inc. increased its holdings in Xponential Fitness by 8.8% during the 3rd quarter. Nomura Holdings Inc. now owns 1,412,218 shares of the company's stock worth $11,001,000 after purchasing an additional 114,389 shares during the last quarter. 58.55% of the stock is owned by hedge funds and other institutional investors.

Xponential Fitness Stock Down 2.5%

Xponential Fitness stock opened at $4.95 on Thursday. Xponential Fitness has a 52-week low of $3.83 and a 52-week high of $9.25. The firm has a fifty day moving average of $6.38 and a 200-day moving average of $6.47. The firm has a market capitalization of $243.15 million, a P/E ratio of -3.36 and a beta of 1.07.

Xponential Fitness (NYSE:XPOF - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.11). Xponential Fitness had a negative net margin of 13.64% and a negative return on equity of 3.40%. The business had revenue of $65.97 million for the quarter, compared to analyst estimates of $64.42 million. During the same quarter in the previous year, the firm posted $0.26 EPS. The business's revenue was down 13.4% compared to the same quarter last year. On average, research analysts expect that Xponential Fitness will post 0.26 EPS for the current fiscal year.

About Xponential Fitness

Xponential Fitness is a leading franchisor and operator of boutique fitness studios headquartered in Irvine, California. The company specializes in developing, marketing, and supporting a portfolio of fitness brands that deliver low-impact cardio, strength training, and mindful movement workouts. Through its asset-light franchise model, Xponential provides entrepreneurs with proprietary studio designs, branded equipment, digital support, and comprehensive training programs to ensure consistent member experiences.

Its portfolio comprises core brands such as Club Pilates, Pure Barre, CycleBar, StretchLab, YogaSix, Row House, Rumble, AKT, and STRIDE.

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