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

Xponential Fitness, Inc. (NYSE:XPOF) has earned an average rating of “Hold” from the twelve brokerages that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $6.50.

A number of research analysts have issued reports on XPOF shares. Robert W. Baird set a $5.50 price target on shares of Xponential Fitness in a report on Friday, August 7th. Roth Capital dropped their price objective on shares of Xponential Fitness from $7.00 to $5.00 and set a “neutral” rating on the stock in a report on Monday, August 10th. Northland Securities upgraded Xponential Fitness from a “market perform” rating to an “outperform” rating and set a $8.00 target price for the company in a research note on Wednesday, May 20th. UBS Group reduced their target price on Xponential Fitness from $7.00 to $4.50 and set a “neutral” rating for the company in a research note on Wednesday. Finally, Weiss Ratings raised Xponential Fitness from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, August 26th.

Xponential Fitness Stock Down 1.2%

XPOF opened at $3.78 on Monday. The company has a market cap of $186.63 million, a P/E ratio of -2.57 and a beta of 1.07. The firm’s 50-day moving average price is $5.57 and its 200-day moving average price is $5.97. Xponential Fitness has a 52-week low of $3.62 and a 52-week high of $9.25.

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

Institutional Investors Weigh In On Xponential Fitness

Institutional investors and hedge funds have recently modified their holdings of the company. Voss Capital LP increased its holdings in Xponential Fitness by 86.7% in the 4th quarter. Voss Capital LP now owns 6,033,653 shares of the company’s stock worth $49,657,000 after buying an additional 2,801,153 shares during the period. Fund 1 Investments LLC acquired a new stake in Xponential Fitness during the 2nd quarter valued at approximately $12,512,000. Citizens Business Bank acquired a new stake in Xponential Fitness during the 1st quarter valued at approximately $12,040,000. Kanen Wealth Management LLC boosted its holdings in shares of Xponential Fitness by 426.2% in the 1st quarter. Kanen Wealth Management LLC now owns 845,922 shares of the company’s stock valued at $5,092,000 after acquiring an additional 685,149 shares during the last quarter. Finally, CenterBook Partners LP purchased a new stake in shares of Xponential Fitness in the 4th quarter valued at $4,253,000. Institutional investors and hedge funds own 58.55% of the company’s stock.

About Xponential Fitness

Xponential Fitness, Inc (NYSE: XPOF) is a franchisor of boutique fitness and wellness concepts. Founded in 2017, the company supports a portfolio of specialized studio brands that offer focused, instructor-led experiences rather than traditional full-service gym memberships.

Its brand portfolio has included Club Pilates, CycleBar, StretchLab, YogaSix, Pure Barre, AKT, Rumble, BFT and Lindora. These concepts cover Pilates, indoor cycling, assisted stretching, yoga, barre, dance-based fitness, boxing-inspired workouts, group training and weight-management or metabolic-health services.