Guggenheim Issues Pessimistic Forecast for Xponential Fitness (NYSE:XPOF) Stock Price

Xponential Fitness (NYSE:XPOF) had its price target cut by equities research analysts at Guggenheim from $12.00 to $10.00 in a report issued on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Guggenheim’s price objective suggests a potential upside of 128.83% from the company’s current price.

Several other analysts have also weighed in on XPOF. Stifel Nicolaus lowered their price objective on 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 reiterated a “sell (d-)” rating on shares of Xponential Fitness in a report on Wednesday, January 21st. Roth Mkm lowered Xponential Fitness from a “buy” rating to a “neutral” rating and set a $7.00 price target on the stock. in a research report on Friday. Wall Street Zen raised shares of Xponential Fitness from a “hold” rating to a “buy” rating in a report on Tuesday, November 11th. Finally, Robert W. Baird dropped their target price on shares of Xponential Fitness from $8.00 to $6.50 and set a “neutral” rating on the stock in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Xponential Fitness currently has a consensus rating of “Hold” and an average price target of $9.72.

Xponential Fitness Price Performance

Shares of NYSE:XPOF traded up $0.11 during midday trading on Monday, reaching $4.37. The company had a trading volume of 543,085 shares, compared to its average volume of 513,238. The stock has a market capitalization of $213.74 million, a P/E ratio of -3.01 and a beta of 1.48. The stock’s fifty day moving average price is $8.16 and its 200-day moving average price is $7.72. Xponential Fitness has a one year low of $3.83 and a one year high of $13.91.

Xponential Fitness (NYSE:XPOF) last posted its quarterly earnings data on Thursday, February 26th. The company reported ($0.91) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.88). The company had revenue of $82.96 million for the quarter, compared to the consensus estimate of $73.42 million. Xponential Fitness had a negative net margin of 10.90% and a negative return on equity of 2.28%. The company’s revenue was down .3% compared to the same quarter last year. During the same quarter last year, the company earned ($0.19) earnings per share. As a group, sell-side analysts forecast that Xponential Fitness will post 0.61 earnings per share for the current year.

Institutional Trading of Xponential Fitness

Large investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd boosted its stake in Xponential Fitness by 1,621.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,632 shares of the company’s stock valued at $30,000 after purchasing an additional 3,421 shares during the period. Aquatic Capital Management LLC bought a new stake in shares of Xponential Fitness during the third quarter valued at approximately $44,000. Larson Financial Group LLC acquired a new position in shares of Xponential Fitness during the third quarter worth approximately $54,000. Wexford Capital LP bought a new position in Xponential Fitness in the 3rd quarter worth approximately $59,000. Finally, Cerity Partners LLC acquired a new stake in Xponential Fitness in the 2nd quarter valued at approximately $82,000. Institutional investors and hedge funds own 58.55% of the company’s stock.

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.