Xponential Fitness (NYSE:XPOF) Upgraded by Zacks Research to Hold Rating

Key Points

• Zacks Research upgraded Xponential Fitness (NYSE:XPOF) from a "strong sell" to a "hold," and the stock's consensus analyst rating is currently Hold with an average price target of $8.92.
• The company reported a large quarterly EPS miss of ($0.91) versus an expected ($0.03) while beating revenue estimates with $82.96 million; shares opened at $6.52, market cap ~$319.7M, and a 52‑week range of $3.83–$11.14.
• Analyst coverage is mixed (1 Buy, 7 Hold, 1 Sell) with recent actions including Guggenheim lowering its price target to $10 (maintaining Buy) and Wall Street Zen cutting to Hold, and institutional investors now own about 58.55% of the stock after several funds increased stakes.

Xponential Fitness (NYSE:XPOF - Get Free Report) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a research note issued on Monday,Zacks.com reports.

Other research analysts have also issued research reports about the stock. Guggenheim lowered their price objective on shares of Xponential Fitness from $12.00 to $10.00 and set a "buy" rating for the company in a research note on Monday, March 2nd. Wall Street Zen cut Xponential Fitness from a "buy" rating to a "hold" rating in a research note on Saturday, March 7th. Raymond James Financial reissued a "market perform" rating on shares of Xponential Fitness in a research report on Thursday, March 19th. Weiss Ratings reissued a "sell (d-)" rating on shares of Xponential Fitness in a report on Monday, April 20th. Finally, KeyCorp initiated coverage on Xponential Fitness in a research report on Thursday, March 12th. They issued a "sector weight" rating on the stock. One equities research analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $8.92.

Xponential Fitness Stock Down 2.1%

Shares of Xponential Fitness stock opened at $6.52 on Monday. The firm has a market cap of $319.71 million, a PE ratio of -4.46 and a beta of 1.19. Xponential Fitness has a 52 week low of $3.83 and a 52 week high of $11.14. The business's fifty day simple moving average is $6.43 and its 200-day simple moving average is $7.11.

Xponential Fitness (NYSE:XPOF - Get Free Report) last announced its earnings results on Thursday, February 26th. The company reported ($0.91) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.88). The company had revenue of $82.96 million for the quarter, compared to analysts' expectations of $73.42 million. Xponential Fitness had a negative return on equity of 2.19% and a negative net margin of 10.90%.The company's quarterly revenue was down .3% compared to the same quarter last year. During the same period last year, the business earned ($0.19) EPS. As a group, equities analysts expect that Xponential Fitness will post 0.51 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Voss Capital LP lifted its position in Xponential Fitness by 7.8% during the 3rd quarter. Voss Capital LP now owns 3,232,500 shares of the company's stock worth $25,181,000 after acquiring an additional 232,500 shares during the last quarter. Divisadero Street Capital Management LP increased its stake in shares of Xponential Fitness by 102.8% in the third quarter. Divisadero Street Capital Management LP now owns 368,801 shares of the company's stock worth $2,873,000 after purchasing an additional 186,943 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Xponential Fitness by 75.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 297,838 shares of the company's stock worth $2,320,000 after purchasing an additional 127,631 shares during the last quarter. Luxor Capital Group LP boosted its stake in Xponential Fitness by 30.2% during the 3rd quarter. Luxor Capital Group LP now owns 451,680 shares of the company's stock valued at $3,519,000 after purchasing an additional 104,785 shares during the period. Finally, Militia Capital Partners LP grew its holdings in Xponential Fitness by 237.5% in the 3rd quarter. Militia Capital Partners LP now owns 56,700 shares of the company's stock valued at $442,000 after buying an additional 39,900 shares during the last quarter. Institutional investors own 58.55% of the company's stock.

Xponential Fitness Company Profile

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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