Xponential Fitness, Inc. (XPOF) – What Are Investment Firms Saying About This Stock?

Xponential Fitness, Inc. (NYSE:XPOF) has earned a consensus rating of “Hold” from the twelve analysts that are currently covering the firm, MarketBeat reports. One equities research 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 12 month price target among brokerages that have updated their coverage on the stock in the last year is $6.50.

Several equities analysts have issued reports on the company. Wall Street Zen downgraded Xponential Fitness from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. B. Riley Financial lowered their price target on Xponential Fitness from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Monday, August 10th. Zacks Research upgraded Xponential Fitness from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. Robert W. Baird set a $5.50 price objective on Xponential Fitness in a research note on Friday, August 7th. Finally, Weiss Ratings downgraded Xponential Fitness from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, October 2nd.

Institutional Investors Weigh In On Xponential Fitness

A number of hedge funds and other institutional investors have recently made changes to their positions in XPOF. Voss Capital LP raised its position in shares of Xponential Fitness by 86.7% in the 4th quarter. Voss Capital LP now owns 6,033,653 shares of the company’s stock valued at $49,657,000 after buying an additional 2,801,153 shares in the last quarter. Citizens Business Bank bought a new stake in shares of Xponential Fitness during the 1st quarter valued at approximately $12,040,000. Fund 1 Investments LLC acquired a new stake in Xponential Fitness in the second quarter valued at approximately $12,512,000. Kanen Wealth Management LLC boosted its holdings in shares of Xponential Fitness by 426.2% during 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 in the last quarter. Finally, Janus Henderson Group PLC acquired a new position in Xponential Fitness in the 1st quarter worth about $1,601,000. 58.55% of the stock is currently owned by institutional investors and hedge funds.

Xponential Fitness Stock Down 3.5%

Shares of Xponential Fitness stock opened at $4.61 on Friday. The firm has a market cap of $227.12 million, a price-to-earnings ratio of -3.13 and a beta of 1.20. Xponential Fitness has a fifty-two week low of $3.57 and a fifty-two week high of $9.25. The business has a fifty day simple moving average of $4.65 and a 200-day simple moving average of $5.78.

Xponential Fitness (NYSE:XPOF) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.11). The company had revenue of $65.97 million for the quarter, compared to analysts’ expectations of $64.42 million. Xponential Fitness had a negative net margin of 13.64% and a negative return on equity of 3.40%. The company’s revenue was down 13.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.26 earnings per share. Analysts anticipate that Xponential Fitness will post 0.14 earnings per share for the current fiscal year.

Xponential Fitness Company Profile

Xponential Fitness, Inc is a franchisor of boutique fitness and wellness brands. The company provides franchisees with brand concepts, operating systems, training, marketing support, technology and other resources intended to help them develop and operate fitness studios.

Its portfolio has included brands such as Club Pilates, CycleBar, StretchLab, YogaSix, Pure Barre, AKT, Rumble and BFT, along with wellness-focused concepts including Lindora. These businesses offer services such as Pilates, indoor cycling, assisted stretching, yoga, barre, dance-based workouts, boxing-inspired fitness, strength training and wellness programs.

Founded in 2017, Xponential Fitness is based in Irvine, California.