Xponential Fitness, Inc. (NYSE:XPOF) Given Consensus Recommendation of “Hold” by Brokerages

Xponential Fitness, Inc. (NYSE:XPOF) has received a consensus rating of “Hold” from the ten brokerages that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $11.6875.

Several research analysts recently issued reports on the stock. UBS Group assumed coverage on shares of Xponential Fitness in a report on Friday, October 17th. They set a “neutral” rating and a $8.00 target price for the company. Stifel Nicolaus reduced their price objective on Xponential Fitness from $10.00 to $8.00 and set a “hold” rating for the company in a research note on Friday, November 21st. Guggenheim lowered their target price on Xponential Fitness from $13.00 to $12.00 and set a “buy” rating on the stock in a research note on Monday, November 10th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Xponential Fitness in a report on Wednesday, October 8th. Finally, Wall Street Zen raised Xponential Fitness from a “hold” rating to a “buy” rating in a report on Tuesday, November 11th.

Xponential Fitness Stock Performance

Shares of XPOF stock opened at $7.51 on Friday. Xponential Fitness has a fifty-two week low of $5.38 and a fifty-two week high of $18.87. The firm has a market capitalization of $367.51 million, a PE ratio of -4.55 and a beta of 1.43. The stock’s 50-day simple moving average is $6.79 and its 200-day simple moving average is $8.16.

Xponential Fitness (NYSE:XPOF) last issued its earnings results on Thursday, November 6th. The company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.20. Xponential Fitness had a negative return on equity of 6.85% and a negative net margin of 15.30%.The firm had revenue of $78.82 million for the quarter, compared to analyst estimates of $75.25 million. During the same quarter in the prior year, the firm earned ($0.04) earnings per share. Xponential Fitness’s revenue for the quarter was down 2.1% on a year-over-year basis. Sell-side analysts forecast that Xponential Fitness will post 0.61 earnings per share for the current year.

Institutional Trading of Xponential Fitness

A number of hedge funds have recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC purchased a new position in Xponential Fitness in the second quarter valued at $37,000. Aquatic Capital Management LLC purchased a new stake in shares of Xponential Fitness during the 3rd quarter worth about $44,000. Larson Financial Group LLC acquired a new stake in shares of Xponential Fitness during the 3rd quarter valued at about $54,000. Wexford Capital LP purchased a new position in shares of Xponential Fitness in the 3rd quarter valued at about $59,000. Finally, Cerity Partners LLC acquired a new position in Xponential Fitness in the 2nd quarter worth about $82,000. 58.55% of the stock is owned by hedge funds and other institutional investors.

About Xponential Fitness

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.