Xponential Fitness (NYSE:XPOF) Upgraded to "Buy" at Wall Street Zen

Key Points

• Xponential Fitness has been upgraded to a "Buy" rating by Wall Street Zen, shifting from a previous "Hold" rating.
• Recent analyst ratings on the stock vary, with one analyst giving a "Strong Buy," two issuing "Buy," and others maintaining a "Hold" or "Sell" rating; the average price target is currently $12.31.
• Insider transactions indicate confidence in the company, as Director Bruce N. Haase purchased 70,000 shares at an average cost of $7.67 per share, significantly increasing his stake.

Xponential Fitness (NYSE:XPOF - Get Free Report) was upgraded by analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Sunday.

A number of other research firms also recently issued reports on XPOF. Weiss Ratings reissued a "sell (d-)" rating on shares of Xponential Fitness in a research report on Friday. UBS Group initiated coverage on Xponential Fitness in a report on Friday, October 17th. They issued a "neutral" rating and a $8.00 price target for the company. Finally, Raymond James Financial decreased their target price on Xponential Fitness from $15.00 to $14.00 and set a "strong-buy" rating on the stock in a research note on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $12.31.

Xponential Fitness Stock Performance

XPOF opened at $6.98 on Friday. The firm's fifty day moving average is $8.05 and its two-hundred day moving average is $8.58. Xponential Fitness has a twelve month low of $6.64 and a twelve month high of $18.87. The firm has a market cap of $340.62 million, a PE ratio of -3.96 and a beta of 1.45.

Xponential Fitness (NYSE:XPOF - Get Free Report) last posted its earnings results 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 during the quarter, compared to analyst estimates of $77.23 million. During the same period in the previous year, the company posted ($0.29) EPS. Xponential Fitness's revenue for the quarter was down .4% compared to the same quarter last year. Xponential Fitness has set its FY 2025 guidance at EPS. Equities analysts forecast that Xponential Fitness will post 0.61 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Bruce N. Haase purchased 70,000 shares of the company's stock in a transaction on Tuesday, August 12th. The stock was acquired at an average cost of $7.67 per share, for a total transaction of $536,900.00. Following the completion of the transaction, the director directly owned 95,937 shares in the company, valued at $735,836.79. This trade represents a 269.88% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 42.26% of the company's stock.

Hedge Funds Weigh In On Xponential Fitness

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Skylands Capital LLC boosted its holdings in shares of Xponential Fitness by 72.3% in the 1st quarter. Skylands Capital LLC now owns 164,500 shares of the company's stock worth $1,370,000 after purchasing an additional 69,042 shares during the period. Mutual of America Capital Management LLC grew its position in shares of Xponential Fitness by 15.7% in the 1st quarter. Mutual of America Capital Management LLC now owns 158,031 shares of the company's stock worth $1,316,000 after buying an additional 21,398 shares during the last quarter. Y Intercept Hong Kong Ltd grew its holdings in Xponential Fitness by 282.4% in the first quarter. Y Intercept Hong Kong Ltd now owns 51,751 shares of the company's stock worth $431,000 after purchasing an additional 38,218 shares during the last quarter. Prescott Group Capital Management L.L.C. purchased a new position in shares of Xponential Fitness in the first quarter valued at approximately $250,000. Finally, Nuveen LLC acquired a new stake in Xponential Fitness during the first quarter worth about $599,000. 58.55% of the stock is owned by institutional investors.

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.

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