Guggenheim Reiterates "Buy" Rating for Xponential Fitness (NYSE:XPOF)

Guggenheim reissued their buy rating on shares of Xponential Fitness (NYSE:XPOF - Free Report) in a report released on Monday,Benzinga reports. Guggenheim currently has a $13.00 price objective on the stock.

A number of other equities research analysts also recently weighed in on the company. B. Riley dropped their target price on Xponential Fitness from $12.00 to $9.00 and set a "neutral" rating for the company in a research report on Friday, March 14th. Lake Street Capital decreased their target price on Xponential Fitness from $20.00 to $16.00 and set a "buy" rating for the company in a research note on Friday, March 14th. Piper Sandler reduced their price objective on Xponential Fitness from $16.00 to $9.00 and set a "neutral" rating for the company in a research report on Friday, March 14th. Raymond James reduced their price objective on Xponential Fitness from $16.00 to $15.00 and set a "strong-buy" rating for the company in a research report on Friday, May 9th. Finally, Northland Securities started coverage on Xponential Fitness in a research report on Thursday, January 23rd. They set a "market perform" rating and a $17.50 price objective for the company. Six investment analysts have rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $13.94.

Xponential Fitness Stock Up 4.8%

NYSE XPOF traded up $0.42 during trading on Monday, hitting $9.17. The company's stock had a trading volume of 802,343 shares, compared to its average volume of 626,666. The firm has a 50 day moving average price of $8.26 and a 200 day moving average price of $12.65. The firm has a market cap of $444.40 million, a P/E ratio of -7.90 and a beta of 1.57. Xponential Fitness has a 52 week low of $6.64 and a 52 week high of $18.95.

Xponential Fitness (NYSE:XPOF - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.35). The firm had revenue of $76.88 million for the quarter, compared to analyst estimates of $75.37 million. Xponential Fitness had a negative return on equity of 4.37% and a negative net margin of 9.15%. Xponential Fitness's revenue for the quarter was down 3.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.16 EPS. On average, equities analysts expect that Xponential Fitness will post 0.61 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Nut Tree Capital Management LP raised its stake in Xponential Fitness by 5.0% in the fourth quarter. Nut Tree Capital Management LP now owns 3,151,722 shares of the company's stock valued at $42,391,000 after buying an additional 150,000 shares during the period. Voss Capital LP increased its stake in Xponential Fitness by 0.3% during the 1st quarter. Voss Capital LP now owns 2,950,000 shares of the company's stock worth $24,574,000 after acquiring an additional 10,000 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of Xponential Fitness by 5.7% in the 4th quarter. Ameriprise Financial Inc. now owns 1,711,592 shares of the company's stock valued at $23,021,000 after purchasing an additional 92,477 shares in the last quarter. MSD Partners L.P. boosted its holdings 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. Finally, Marshall Wace LLP raised its position in Xponential Fitness by 564.8% during the 4th quarter. Marshall Wace LLP now owns 640,769 shares of the company's stock worth $8,618,000 after purchasing an additional 544,382 shares during the last quarter. 58.55% of the stock is owned by institutional investors and hedge funds.

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.