Xponential Fitness, Inc. (NYSE:XPOF) Receives $13.94 Average PT from Analysts

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

XPOF has been the topic of a number of recent analyst reports. Raymond James dropped their price objective on shares of Xponential Fitness from $16.00 to $15.00 and set a "strong-buy" rating on the stock in a research report on Friday, May 9th. Wall Street Zen raised Xponential Fitness from a "hold" rating to a "buy" rating in a research report on Thursday, May 22nd. B. Riley lowered their price target on Xponential Fitness from $12.00 to $9.00 and set a "neutral" rating for the company in a report on Friday, March 14th. Lake Street Capital dropped their price target 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, Piper Sandler reduced their price objective on shares of Xponential Fitness from $16.00 to $9.00 and set a "neutral" rating for the company in a research report on Friday, March 14th.

Institutional Trading of Xponential Fitness

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Marshall Wace LLP increased its holdings in Xponential Fitness by 564.8% in the fourth 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 during the last quarter. MSD Partners L.P. raised its position in shares of 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 acquiring an additional 253,631 shares in the last quarter. Clark Estates Inc. NY bought a new position in Xponential Fitness during the fourth quarter worth $2,690,000. Prospect Capital Advisors LLC bought a new position in Xponential Fitness during the fourth quarter worth $2,590,000. Finally, Formula Growth Ltd. boosted its holdings in Xponential Fitness by 119.4% in the fourth quarter. Formula Growth Ltd. now owns 306,119 shares of the company's stock worth $4,117,000 after purchasing an additional 166,600 shares during the period. 58.55% of the stock is owned by hedge funds and other institutional investors.

Xponential Fitness Stock Performance

Shares of Xponential Fitness stock traded down $0.46 on Tuesday, reaching $8.70. The company had a trading volume of 643,783 shares, compared to its average volume of 615,937. The firm's 50 day moving average price is $8.12 and its two-hundred day moving average price is $12.43. Xponential Fitness has a 52-week low of $6.64 and a 52-week high of $18.95. The firm has a market cap of $423.14 million, a PE ratio of -7.50 and a beta of 1.57.

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 return on equity of 4.37% and a negative net margin of 9.15%. The business had revenue of $76.88 million during the quarter, compared to analyst estimates of $75.37 million. During the same quarter last year, the firm earned $0.16 EPS. The business's revenue was down 3.4% on a year-over-year basis. As a group, sell-side analysts predict 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.