Analysts Set Xponential Fitness, Inc. (NYSE:XPOF) Price Target at $10.86

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have earned a consensus rating of “Hold” from the eight brokerages that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $10.8571.

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

Institutional Investors Weigh In On Xponential Fitness

A number of large investors have recently made changes to their positions in the company. SkyView Investment Advisors LLC lifted its stake in shares of Xponential Fitness by 4.9% in the 2nd quarter. SkyView Investment Advisors LLC now owns 39,871 shares of the company’s stock worth $302,000 after purchasing an additional 1,859 shares during the period. Raymond James Financial Inc. increased its holdings in Xponential Fitness by 20.4% during the third quarter. Raymond James Financial Inc. now owns 14,732 shares of the company’s stock valued at $115,000 after buying an additional 2,500 shares during the last quarter. Rhumbline Advisers raised its position in Xponential Fitness by 8.1% in the second quarter. Rhumbline Advisers now owns 35,633 shares of the company’s stock worth $267,000 after acquiring an additional 2,668 shares during the period. Vanguard Group Inc. boosted its stake in shares of Xponential Fitness by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 1,554,023 shares of the company’s stock worth $12,106,000 after acquiring an additional 4,495 shares during the last quarter. Finally, Ameritas Advisory Services LLC bought a new stake in shares of Xponential Fitness during the 2nd quarter valued at $37,000. 58.55% of the stock is currently owned by institutional investors.

Xponential Fitness Trading Down 4.8%

XPOF stock opened at $8.57 on Friday. The stock has a market capitalization of $419.16 million, a PE ratio of -5.19 and a beta of 1.41. The stock’s 50 day simple moving average is $7.86 and its 200 day simple moving average is $7.95. Xponential Fitness has a 12-month low of $5.38 and a 12-month high of $18.87.

Xponential Fitness (NYSE:XPOF) last posted its quarterly earnings results 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. 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 during the quarter, compared to analysts’ expectations of $75.25 million. During the same quarter in the previous year, the business earned ($0.04) earnings per share. The company’s revenue was down 2.1% on a year-over-year basis. On average, research analysts predict that Xponential Fitness will post 0.61 earnings per share for the current year.

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.