Xponential Fitness (XPOF) to Release Earnings on Thursday

Xponential Fitness (NYSE:XPOF) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.18 per share for the quarter. Xponential Fitness has set its FY 2024 guidance at EPS.Investors that are interested in registering for the company’s conference call can do so using this link.

Xponential Fitness (NYSE:XPOF) last announced its quarterly earnings results on Thursday, February 29th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03). Xponential Fitness had a negative return on equity of 16.60% and a negative net margin of 0.28%. The firm had revenue of $90.20 million during the quarter, compared to analysts’ expectations of $81.71 million. The company’s quarterly revenue was up 26.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.11 earnings per share. On average, analysts expect Xponential Fitness to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Xponential Fitness Stock Up 1.5 %

Shares of NYSE:XPOF opened at $13.00 on Tuesday. Xponential Fitness has a 12 month low of $8.30 and a 12 month high of $33.58. The company has a 50 day moving average of $13.68 and a 200 day moving average of $12.94.

Insider Buying and Selling

In other Xponential Fitness news, insider Andrew Hagopian sold 5,260 shares of Xponential Fitness stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $10.06, for a total transaction of $52,915.60. Following the transaction, the insider now directly owns 228,390 shares of the company’s stock, valued at $2,297,603.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Xponential Fitness news, President Sarah Luna sold 5,399 shares of the business’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $10.01, for a total value of $54,043.99. Following the completion of the sale, the president now directly owns 265,247 shares of the company’s stock, valued at $2,655,122.47. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Andrew Hagopian sold 5,260 shares of the company’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $10.06, for a total transaction of $52,915.60. Following the sale, the insider now owns 228,390 shares of the company’s stock, valued at $2,297,603.40. The disclosure for this sale can be found here. Insiders sold 35,632 shares of company stock worth $356,848 in the last quarter. 47.83% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on XPOF. Stifel Nicolaus reiterated a “buy” rating and issued a $20.00 price objective on shares of Xponential Fitness in a research report on Friday, April 12th. Robert W. Baird lowered their price target on Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating on the stock in a report on Friday, March 1st. Citigroup cut their price objective on Xponential Fitness from $23.00 to $21.00 and set a “buy” rating for the company in a report on Monday, March 4th. Piper Sandler restated a “neutral” rating and issued a $13.00 price objective (down from $21.00) on shares of Xponential Fitness in a research report on Wednesday, January 3rd. Finally, Bank of America lifted their target price on shares of Xponential Fitness from $13.00 to $15.50 and gave the company a “neutral” rating in a research report on Wednesday, March 13th. Three equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $23.06.

Xponential Fitness Company Profile

Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in North America. It offers pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training, and yoga services under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands.