Xponential Fitness, Inc. (NYSE:XPOF) Receives $6.94 Consensus PT from Analysts

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have been assigned a consensus recommendation of “Hold” from the twelve analysts that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $6.9375.

A number of research analysts have commented on XPOF shares. Northland Securities upgraded Xponential Fitness from a “market perform” rating to an “outperform” rating and set a $8.00 price target on the stock in a research note on Wednesday, May 20th. Zacks Research upgraded shares of Xponential Fitness from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 7th. B. Riley Financial decreased their price target on Xponential Fitness from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Monday, August 10th. Lake Street Capital cut shares of Xponential Fitness from a “buy” rating to a “hold” rating and set a $6.00 target price for the company. in a report on Friday, May 8th. Finally, Wall Street Zen cut Xponential Fitness from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st.

Xponential Fitness Price Performance

XPOF opened at $5.11 on Thursday. Xponential Fitness has a 1-year low of $3.83 and a 1-year high of $9.25. The firm has a market capitalization of $252.17 million, a price-to-earnings ratio of -3.48 and a beta of 1.07. The company’s 50 day simple moving average is $6.29 and its two-hundred day simple moving average is $6.40.

Xponential Fitness (NYSE:XPOF) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.11). Xponential Fitness had a negative net margin of 13.64% and a negative return on equity of 3.40%. The firm had revenue of $65.97 million during the quarter, compared to analysts’ expectations of $64.42 million. During the same period last year, the company earned $0.26 EPS. The business’s quarterly revenue was down 13.4% on a year-over-year basis. On average, equities analysts anticipate that Xponential Fitness will post 0.26 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of XPOF. AQR Capital Management LLC grew its position in Xponential Fitness by 94.8% in the 1st quarter. AQR Capital Management LLC now owns 69,300 shares of the company’s stock valued at $577,000 after buying an additional 33,722 shares during the last quarter. Geode Capital Management LLC grew its holdings in Xponential Fitness by 9.6% in the second quarter. Geode Capital Management LLC now owns 610,185 shares of the company’s stock valued at $4,571,000 after purchasing an additional 53,663 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Xponential Fitness by 1,347.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 170,207 shares of the company’s stock valued at $1,275,000 after acquiring an additional 158,450 shares in the last quarter. Rhumbline Advisers increased its stake in shares of Xponential Fitness by 8.1% during the 2nd quarter. Rhumbline Advisers now owns 35,633 shares of the company’s stock worth $267,000 after purchasing an additional 2,668 shares in the last quarter. Finally, XTX Topco Ltd purchased a new position in Xponential Fitness during the second quarter worth $204,000. 58.55% of the stock is currently owned by hedge funds and other institutional investors.

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.