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

Shares of Xponential Fitness, Inc. (NYSE:XPOF - Get Free Report) have been assigned an average rating of "Moderate Buy" from the eleven research firms that are presently covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $13.94.

Several equities research analysts have commented on XPOF shares. B. Riley lowered their price target on shares of Xponential Fitness from $12.00 to $9.00 and set a "neutral" rating on the stock in a report on Friday, March 14th. Guggenheim reissued a "buy" rating and set a $13.00 target price on shares of Xponential Fitness in a research note on Monday, May 12th. Piper Sandler lowered their target price on shares of Xponential Fitness from $16.00 to $9.00 and set a "neutral" rating on the stock in a research note on Friday, March 14th. Lake Street Capital lowered their target price on shares of Xponential Fitness from $20.00 to $16.00 and set a "buy" rating on the stock in a research note on Friday, March 14th. Finally, Raymond James lowered their target price on shares of Xponential Fitness from $16.00 to $15.00 and set a "strong-buy" rating on the stock in a research note on Friday, May 9th.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Rhumbline Advisers raised its position in shares of Xponential Fitness by 3.9% during the 1st quarter. Rhumbline Advisers now owns 32,965 shares of the company's stock worth $275,000 after purchasing an additional 1,239 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Xponential Fitness by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 539,904 shares of the company's stock worth $7,263,000 after purchasing an additional 1,468 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Xponential Fitness during the 4th quarter worth about $29,000. Point72 Asset Management L.P. acquired a new position in shares of Xponential Fitness during the 4th quarter worth about $46,000. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Xponential Fitness by 1.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 199,092 shares of the company's stock worth $2,678,000 after purchasing an additional 3,712 shares during the last quarter. Institutional investors and hedge funds own 58.55% of the company's stock.

Xponential Fitness Price Performance

NYSE:XPOF traded down $0.21 during mid-day trading on Tuesday, hitting $9.05. The company's stock had a trading volume of 557,970 shares, compared to its average volume of 615,314. Xponential Fitness has a 1 year low of $6.64 and a 1 year high of $18.95. The stock has a market cap of $440.42 million, a price-to-earnings ratio of -7.80 and a beta of 1.57. The business's fifty day moving average is $8.16 and its two-hundred day moving average is $12.29.

Xponential Fitness (NYSE:XPOF - Get Free Report) last posted its quarterly 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). Xponential Fitness had a negative net margin of 9.15% and a negative return on equity of 4.37%. The business had revenue of $76.88 million during the quarter, compared to analysts' expectations of $75.37 million. During the same period in the previous year, the company posted $0.16 earnings per share. Xponential Fitness's revenue for the quarter was down 3.4% compared to the same quarter last year. Analysts anticipate 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.