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

Key Points

• Xponential Fitness has a consensus analyst rating of "Hold" from 11 analysts, with an average 12-month price target of $8.44.
• The company missed earnings estimates in its latest quarter, reporting EPS of -$0.04 versus the expected $0.11, while revenue fell 21% year over year to $60.71 million.
• The stock was recently trading around $6.31, up 4.7% on the day, and remains well below its 52-week high of $11.09.

Shares of Xponential Fitness, Inc. (NYSE:XPOF - Get Free Report) have been given an average rating of "Hold" by the eleven analysts that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $8.4375.

XPOF has been the topic of several research analyst reports. Lake Street Capital lowered Xponential Fitness from a "buy" rating to a "hold" rating and set a $6.00 price target on the stock. in a research note on Friday, May 8th. Roth Capital set a $7.00 price objective on Xponential Fitness in a report on Friday, May 8th. Zacks Research upgraded Xponential Fitness from a "strong sell" rating to a "hold" rating in a research report on Tuesday, July 7th. Wall Street Zen raised Xponential Fitness from a "sell" rating to a "hold" rating in a report on Sunday, July 5th. Finally, Northland Securities upgraded Xponential Fitness from a "market perform" rating to an "outperform" rating and set a $8.00 price target for the company in a research report on Wednesday, May 20th.

Institutional Investors Weigh In On Xponential Fitness

A number of large investors have recently added to or reduced their stakes in the business. Voss Capital LP raised its position in 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 acquired a new stake in shares of Xponential Fitness in the first quarter valued at approximately $12,040,000. Vanguard Group Inc. increased its stake in shares of Xponential Fitness by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 1,554,023 shares of the company's stock worth $12,106,000 after purchasing an additional 4,495 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Xponential Fitness by 8.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,463,682 shares of the company's stock worth $11,402,000 after purchasing an additional 109,432 shares in the last quarter. Finally, Nomura Holdings Inc. raised its position in shares of 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 institutional investors and hedge funds.

Xponential Fitness Stock Up 4.7%

NYSE:XPOF opened at $6.31 on Friday. The firm's fifty day simple moving average is $6.29 and its 200-day simple moving average is $6.76. The stock has a market cap of $310.36 million, a PE ratio of -4.57 and a beta of 1.07. Xponential Fitness has a fifty-two week low of $3.83 and a fifty-two week high of $11.09.

Xponential Fitness (NYSE:XPOF - Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.11 by ($0.15). Xponential Fitness had a negative net margin of 11.28% and a negative return on equity of 3.40%. The company had revenue of $60.71 million during the quarter, compared to analyst estimates of $63.75 million. During the same quarter last year, the business earned $0.20 EPS. The firm's revenue for the quarter was down 21.0% on a year-over-year basis. Equities analysts anticipate that Xponential Fitness will post 0.4 earnings per share for the current 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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