Xponential Fitness, Inc. (NYSE:XPOF) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have received an average rating of “Hold” from the eleven research firms that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $8.4375.

Several brokerages have recently commented on XPOF. KeyCorp started coverage on shares of Xponential Fitness in a research note on Thursday, March 12th. They set a “sector weight” rating on the stock. Northland Securities raised shares of Xponential Fitness from a “market perform” rating to an “outperform” rating and set a $8.00 price objective for the company in a research note on Wednesday, May 20th. Weiss Ratings cut shares of Xponential Fitness from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, June 5th. Raymond James Financial reissued a “market perform” rating on shares of Xponential Fitness in a research report on Thursday, March 19th. Finally, Wall Street Zen upgraded Xponential Fitness from a “sell” rating to a “hold” rating in a report on Sunday.

Xponential Fitness Price Performance

XPOF opened at $6.92 on Wednesday. The company has a market capitalization of $340.01 million, a PE ratio of -5.01 and a beta of 1.07. Xponential Fitness has a fifty-two week low of $3.83 and a fifty-two week high of $11.14. The business has a 50-day moving average of $6.12 and a 200-day moving average of $6.91.

Xponential Fitness (NYSE:XPOF) last released its quarterly earnings data on Thursday, May 7th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.15). The firm had revenue of $60.71 million during the quarter, compared to analyst estimates of $63.75 million. Xponential Fitness had a negative return on equity of 3.40% and a negative net margin of 11.28%.The company’s quarterly revenue was down 21.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.20 EPS. On average, equities research analysts expect that Xponential Fitness will post 0.4 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Voss Capital LP lifted 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 purchasing an additional 2,801,153 shares during the last quarter. Citizens Business Bank acquired a new position in Xponential Fitness during the first quarter valued at approximately $12,040,000. Vanguard Group Inc. raised its position in shares of Xponential Fitness by 0.3% in the third quarter. Vanguard Group Inc. now owns 1,554,023 shares of the company’s stock valued at $12,106,000 after purchasing an additional 4,495 shares during the period. Ameriprise Financial Inc. raised its position in shares of Xponential Fitness by 8.1% in the third quarter. Ameriprise Financial Inc. now owns 1,463,682 shares of the company’s stock valued at $11,402,000 after purchasing an additional 109,432 shares during the period. Finally, Nomura Holdings Inc. lifted its stake in shares of Xponential Fitness by 8.8% in the third quarter. Nomura Holdings Inc. now owns 1,412,218 shares of the company’s stock worth $11,001,000 after buying an additional 114,389 shares during the last quarter. Institutional investors and hedge funds own 58.55% of the company’s stock.

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.