Xponential Fitness (NYSE:XPOF) Rating Lowered to "Hold" at Wall Street Zen

Key Points

• Wall Street Zen downgraded Xponential Fitness (XPOF) from "buy" to "hold," and the consensus among analysts is a "Hold" with an average price target of $9.72 after several recent rating and target cuts.
• Q4 earnings missed: Xponential reported EPS of ($0.91) versus a ($0.03) estimate while revenue was $82.96M (above estimates); the stock trades near $5.85, has a market cap of about $286M and a negative P/E of -4.01.
• Institutional moves: Voss Capital boosted its stake by 86.7% to roughly 6.03M shares and institutional investors now own about 58.55% of the company, indicating concentrated investor interest.

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 report released on Saturday.

Several other equities analysts have also issued reports on XPOF. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Xponential Fitness in a research note on Wednesday, January 21st. Robert W. Baird dropped their target price on Xponential Fitness from $8.00 to $6.50 and set a "neutral" rating on the stock in a report on Friday, February 27th. Roth Mkm downgraded shares of Xponential Fitness from a "buy" rating to a "neutral" rating and set a $7.00 target price on the stock. in a report on Friday, February 27th. Zacks Research cut Xponential Fitness from a "hold" rating to a "strong sell" rating in a research report on Friday, February 27th. Finally, Stifel Nicolaus cut their target price on Xponential Fitness from $10.00 to $8.00 and set a "hold" rating for the company in a research report on Friday, November 21st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Xponential Fitness has a consensus rating of "Hold" and an average price target of $9.72.

Xponential Fitness Stock Down 0.7%

XPOF stock opened at $5.85 on Friday. Xponential Fitness has a 12 month low of $3.83 and a 12 month high of $13.55. The firm has a 50 day moving average of $7.84 and a two-hundred day moving average of $7.62. The company has a market capitalization of $286.12 million, a price-to-earnings ratio of -4.01 and a beta of 1.48.

Xponential Fitness (NYSE:XPOF - Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The company reported ($0.91) EPS for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.88). Xponential Fitness had a negative return on equity of 2.19% and a negative net margin of 10.90%.The business had revenue of $82.96 million during the quarter, compared to the consensus estimate of $73.42 million. During the same quarter in the previous year, the firm posted ($0.19) earnings per share. The company's revenue for the quarter was down .3% on a year-over-year basis. On average, research analysts expect that Xponential Fitness will post 0.61 EPS for the current fiscal year.

Institutional Investors Weigh In On Xponential Fitness

Several large investors have recently added to or reduced their stakes in XPOF. Voss Capital LP increased its position in shares of Xponential Fitness by 86.7% during the 4th quarter. Voss Capital LP now owns 6,033,653 shares of the company's stock valued at $49,657,000 after purchasing an additional 2,801,153 shares during the last quarter. Nomura Holdings Inc. increased its position in Xponential Fitness by 3,716.6% during the second quarter. Nomura Holdings Inc. now owns 1,297,829 shares of the company's stock valued at $9,721,000 after acquiring an additional 1,263,824 shares during the last quarter. Hudson Bay Capital Management LP bought a new position in shares of Xponential Fitness in the 4th quarter worth approximately $6,172,000. CenterBook Partners LP bought a new stake in Xponential Fitness during the fourth quarter valued at about $4,253,000. Finally, Cibc World Markets Corp bought a new position in shares of Xponential Fitness during the fourth quarter worth $3,718,000. Institutional investors own 58.55% of the company's stock.

About Xponential Fitness

Xponential Fitness is a leading franchisor and operator of boutique fitness studios headquartered in Irvine, California. The company specializes in developing, marketing, and supporting a portfolio of fitness brands that deliver low-impact cardio, strength training, and mindful movement workouts. Through its asset-light franchise model, Xponential provides entrepreneurs with proprietary studio designs, branded equipment, digital support, and comprehensive training programs to ensure consistent member experiences.

Its portfolio comprises core brands such as Club Pilates, Pure Barre, CycleBar, StretchLab, YogaSix, Row House, Rumble, AKT, and STRIDE.

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