Xponential Fitness, Inc. (NYSE:XPOF) Receives $11.69 Average PT from Analysts

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have earned a consensus recommendation of “Hold” from the ten analysts that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $11.6875.

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

Hedge Funds Weigh In On Xponential Fitness

Several institutional investors have recently modified their holdings of the company. Ameritas Advisory Services LLC bought a new stake in Xponential Fitness during the 2nd quarter worth about $37,000. Aquatic Capital Management LLC acquired a new position in Xponential Fitness in the third quarter valued at approximately $44,000. Larson Financial Group LLC bought a new stake in shares of Xponential Fitness in the 3rd quarter valued at about $54,000. Wexford Capital LP acquired a new stake in Xponential Fitness during the 3rd quarter worth $59,000. Finally, Cerity Partners LLC bought a new position in Xponential Fitness during the second quarter worth about $82,000. Institutional investors own 58.55% of the company’s stock.

Xponential Fitness Stock Performance

Shares of NYSE XPOF opened at $8.02 on Wednesday. The stock has a 50 day moving average price of $7.27 and a 200 day moving average price of $8.12. Xponential Fitness has a 52 week low of $5.38 and a 52 week high of $18.87. The stock has a market capitalization of $392.01 million, a PE ratio of -4.86 and a beta of 1.41.

Xponential Fitness (NYSE:XPOF) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.20. The firm had revenue of $78.82 million for the quarter, compared to analysts’ expectations of $75.25 million. Xponential Fitness had a negative return on equity of 6.85% and a negative net margin of 15.30%.The company’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same quarter last year, the business earned ($0.04) EPS. As a group, research analysts forecast that Xponential Fitness will post 0.61 EPS for the current year.

About Xponential Fitness

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.