Xponential Fitness (NYSE:XPOF) Cut to Hold at Wall Street Zen

Key Points

• Xponential Fitness has been downgraded by Wall Street Zen from a "buy" to a "hold" rating, reflecting a cautious outlook on the company's stock.
• Despite reporting a positive EPS of $0.26, the company's revenue decreased by 0.4% compared to the same quarter last year, raising concerns about its growth trajectory.
• Insider buying activity has increased, with Director Bruce N. Haase acquiring 70,000 shares at an average price of $7.67, indicating confidence in the company's potential.

Xponential Fitness (NYSE:XPOF - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a note issued to investors on Saturday.

Other equities research analysts also recently issued research reports about the company. Weiss Ratings restated a "sell (d-)" rating on shares of Xponential Fitness in a report on Wednesday, October 8th. Raymond James Financial cut their target price on Xponential Fitness from $15.00 to $14.00 and set a "strong-buy" rating on the stock in a research report on Friday, August 8th. Finally, UBS Group started coverage on Xponential Fitness in a research report on Friday. They set a "neutral" rating and a $8.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $12.31.

Xponential Fitness Stock Down 3.2%

NYSE XPOF opened at $6.85 on Friday. The company has a market cap of $334.49 million, a price-to-earnings ratio of -3.89 and a beta of 1.45. Xponential Fitness has a 52 week low of $6.64 and a 52 week high of $18.87. The business has a 50 day moving average price of $8.17 and a 200-day moving average price of $8.59.

Xponential Fitness (NYSE:XPOF - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.19 by $0.07. The firm had revenue of $76.21 million for the quarter, compared to the consensus estimate of $77.23 million. The company's revenue was down .4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.29) EPS. Xponential Fitness has set its FY 2025 guidance at EPS. On average, equities research analysts anticipate that Xponential Fitness will post 0.61 earnings per share for the current year.

Insiders Place Their Bets

In other Xponential Fitness news, Director Bruce N. Haase acquired 70,000 shares of the business's stock in a transaction on Tuesday, August 12th. The shares were acquired at an average price of $7.67 per share, with a total value of $536,900.00. Following the completion of the transaction, the director owned 95,937 shares in the company, valued at approximately $735,836.79. This trade represents a 269.88% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 42.26% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Nomura Holdings Inc. lifted its position in shares of Xponential Fitness by 3,716.6% during the 2nd quarter. Nomura Holdings Inc. now owns 1,297,829 shares of the company's stock valued at $9,721,000 after buying an additional 1,263,824 shares during the last quarter. SkyView Investment Advisors LLC lifted its position in shares of Xponential Fitness by 4.9% during the 2nd quarter. SkyView Investment Advisors LLC now owns 39,871 shares of the company's stock valued at $302,000 after buying an additional 1,859 shares during the last quarter. Solel Partners LP purchased a new position in shares of Xponential Fitness during the 2nd quarter valued at $1,945,000. Man Group plc lifted its position in shares of Xponential Fitness by 167.7% during the 2nd quarter. Man Group plc now owns 85,653 shares of the company's stock valued at $642,000 after buying an additional 53,661 shares during the last quarter. Finally, Militia Capital Partners LP purchased a new position in shares of Xponential Fitness during the 2nd quarter valued at $126,000. Hedge funds and other institutional investors own 58.55% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.