Analysts Set Xponential Fitness, Inc. (NYSE:XPOF) Price Target at $23.06

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have received an average rating of “Moderate Buy” from the nine brokerages that are covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $23.06.

A number of research analysts recently weighed in on the stock. Piper Sandler restated a “neutral” rating and set a $13.00 price objective (down previously from $21.00) on shares of Xponential Fitness in a research report on Wednesday, January 3rd. Robert W. Baird cut their price objective on Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating for the company in a report on Friday, March 1st. Bank of America raised their target price on Xponential Fitness from $13.00 to $15.50 and gave the stock a “neutral” rating in a research report on Wednesday, March 13th. Stifel Nicolaus upped their price target on shares of Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, March 5th. Finally, Citigroup cut their target price on shares of Xponential Fitness from $23.00 to $21.00 and set a “buy” rating for the company in a research report on Monday, March 4th.

Xponential Fitness Stock Up 3.4 %

Shares of XPOF opened at $16.54 on Monday. The company has a market capitalization of $785.48 million, a P/E ratio of -10.02 and a beta of 0.93. Xponential Fitness has a twelve month low of $8.30 and a twelve month high of $33.58. The firm has a 50 day moving average of $12.48 and a 200 day moving average of $13.32.

Xponential Fitness (NYSE:XPOF) last posted its quarterly earnings results on Thursday, February 29th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.03). Xponential Fitness had a negative return on equity of 16.60% and a negative net margin of 0.28%. The business had revenue of $90.20 million during the quarter, compared to analysts’ expectations of $81.71 million. During the same quarter in the prior year, the firm earned $0.11 EPS. The firm’s revenue for the quarter was up 26.6% compared to the same quarter last year. On average, sell-side analysts expect that Xponential Fitness will post 1.11 EPS for the current year.

Insider Buying and Selling at Xponential Fitness

In other Xponential Fitness news, President Sarah Luna sold 5,399 shares of the stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $10.01, for a total transaction of $54,043.99. Following the completion of the sale, the president now directly owns 265,247 shares of the company’s stock, valued at approximately $2,655,122.47. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other Xponential Fitness news, CFO John P. Meloun sold 6,160 shares of the stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $10.09, for a total transaction of $62,154.40. Following the completion of the transaction, the chief financial officer now owns 245,003 shares in the company, valued at $2,472,080.27. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, President Sarah Luna sold 5,399 shares of the business’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $10.01, for a total transaction of $54,043.99. Following the completion of the sale, the president now owns 265,247 shares in the company, valued at $2,655,122.47. The disclosure for this sale can be found here. Insiders have sold a total of 35,632 shares of company stock valued at $356,848 over the last ninety days. 47.86% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Xponential Fitness

Several large investors have recently added to or reduced their stakes in XPOF. Vanguard Group Inc. boosted its holdings in shares of Xponential Fitness by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 1,330,042 shares of the company’s stock worth $17,144,000 after purchasing an additional 4,079 shares during the period. Goldman Sachs Group Inc. increased its position in Xponential Fitness by 321.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 266,691 shares of the company’s stock valued at $3,438,000 after acquiring an additional 203,408 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in shares of Xponential Fitness in the fourth quarter valued at $236,000. Prelude Capital Management LLC lifted its holdings in shares of Xponential Fitness by 27.3% in the 4th quarter. Prelude Capital Management LLC now owns 28,529 shares of the company’s stock worth $368,000 after acquiring an additional 6,121 shares during the last quarter. Finally, Bayesian Capital Management LP grew its holdings in Xponential Fitness by 9.5% during the 4th quarter. Bayesian Capital Management LP now owns 24,096 shares of the company’s stock valued at $311,000 after purchasing an additional 2,100 shares during the last quarter. 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.