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

Xponential Fitness, Inc. (NYSE:XPOF - Get Free Report) has been given an average rating of "Moderate Buy" by the ten research firms that are currently covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $13.94.

XPOF has been the subject of several research analyst reports. Guggenheim reiterated a "buy" rating and set a $13.00 price target on shares of Xponential Fitness in a report on Monday, May 12th. Raymond James Financial decreased their price target on Xponential Fitness from $16.00 to $15.00 and set a "strong-buy" rating for the company in a report on Friday, May 9th. Finally, Wall Street Zen upgraded Xponential Fitness from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd.

Hedge Funds Weigh In On Xponential Fitness

Institutional investors and hedge funds have recently made changes to their positions in the business. Nut Tree Capital Management LP lifted its holdings in Xponential Fitness by 5.0% during the 4th quarter. Nut Tree Capital Management LP now owns 3,151,722 shares of the company's stock valued at $42,391,000 after buying an additional 150,000 shares in the last quarter. Voss Capital LP lifted its holdings in Xponential Fitness by 0.3% during the 1st quarter. Voss Capital LP now owns 2,950,000 shares of the company's stock valued at $24,574,000 after buying an additional 10,000 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in Xponential Fitness by 5.7% during the 4th quarter. Ameriprise Financial Inc. now owns 1,711,592 shares of the company's stock valued at $23,021,000 after buying an additional 92,477 shares in the last quarter. MSD Partners L.P. lifted its holdings in Xponential Fitness by 18.1% during the 1st quarter. MSD Partners L.P. now owns 1,655,090 shares of the company's stock valued at $13,787,000 after buying an additional 253,631 shares in the last quarter. Finally, Marshall Wace LLP lifted its holdings in Xponential Fitness by 564.8% during the 4th quarter. Marshall Wace LLP now owns 640,769 shares of the company's stock valued at $8,618,000 after buying an additional 544,382 shares in the last quarter. 58.55% of the stock is owned by hedge funds and other institutional investors.

Xponential Fitness Price Performance

Shares of XPOF traded up $0.44 during midday trading on Wednesday, hitting $11.02. The stock had a trading volume of 668,760 shares, compared to its average volume of 599,379. The company has a 50 day simple moving average of $8.97 and a two-hundred day simple moving average of $10.95. Xponential Fitness has a twelve month low of $6.64 and a twelve month high of $18.87. The firm has a market cap of $536.34 million, a price-to-earnings ratio of -5.40 and a beta of 1.46.

Xponential Fitness (NYSE:XPOF - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of $0.15 by ($0.35). The firm had revenue of $76.88 million during the quarter, compared to the consensus estimate of $75.37 million. The company's revenue was down 3.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.16 earnings per share. Analysts forecast that Xponential Fitness will post 0.61 EPS 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.