Xponential Fitness, Inc. (NYSE:XPOF) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Shares of Xponential Fitness, Inc. (NYSE:XPOF - Get Free Report) have received an average rating of "Moderate Buy" from the ten brokerages that are presently covering the company, Marketbeat.com reports. Six analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $13.94.

A number of equities research analysts have weighed in on the company. Wall Street Zen upgraded Xponential Fitness from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd. Guggenheim reiterated a "buy" rating and issued a $13.00 target price on shares of Xponential Fitness in a report on Monday, May 12th. Finally, Raymond James Financial decreased their price objective 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.

Hedge Funds Weigh In On Xponential Fitness

Institutional investors have recently modified their holdings of the company. Skylands Capital LLC lifted its holdings in Xponential Fitness by 72.3% in the 1st quarter. Skylands Capital LLC now owns 164,500 shares of the company's stock worth $1,370,000 after buying an additional 69,042 shares during the period. JPMorgan Chase & Co. lifted its holdings in Xponential Fitness by 380.9% in the 4th quarter. JPMorgan Chase & Co. now owns 57,034 shares of the company's stock worth $767,000 after buying an additional 45,173 shares during the period. Nomura Holdings Inc. purchased a new stake in Xponential Fitness in the 4th quarter worth approximately $794,000. Nut Tree Capital Management LP lifted its holdings in Xponential Fitness by 5.0% in the 4th quarter. Nut Tree Capital Management LP now owns 3,151,722 shares of the company's stock worth $42,391,000 after buying an additional 150,000 shares during the period. Finally, Renaissance Technologies LLC lifted its holdings in Xponential Fitness by 135.3% in the 4th quarter. Renaissance Technologies LLC now owns 174,100 shares of the company's stock worth $2,342,000 after buying an additional 100,100 shares during the period. 58.55% of the stock is currently owned by institutional investors.

Xponential Fitness Price Performance

Shares of Xponential Fitness stock traded up $0.35 during midday trading on Wednesday, reaching $10.49. The company had a trading volume of 130,750 shares, compared to its average volume of 601,557. The stock has a fifty day moving average price of $8.87 and a 200 day moving average price of $10.99. The firm has a market cap of $510.50 million, a PE ratio of -5.13 and a beta of 1.46. Xponential Fitness has a fifty-two week low of $6.64 and a fifty-two week high of $18.95.

Xponential Fitness (NYSE:XPOF - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported ($0.20) EPS for the quarter, missing analysts' consensus estimates of $0.15 by ($0.35). The company had revenue of $76.88 million during the quarter, compared to the consensus estimate of $75.37 million. Xponential Fitness's revenue for the quarter was down 3.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.16 earnings per share. As a group, sell-side analysts forecast that Xponential Fitness will post 0.61 EPS for the current 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.