Xponential Fitness (NYSE:XPOF) Lowered to “Hold” Rating by Stifel Nicolaus

Stifel Nicolaus cut shares of Xponential Fitness (NYSE:XPOF) from a buy rating to a hold rating in a research note issued to investors on Friday morning, MarketBeat reports. They currently have $12.00 target price on the stock, down from their previous target price of $20.00.

A number of other brokerages have also recently commented on XPOF. Piper Sandler boosted their target price on shares of Xponential Fitness from $12.00 to $16.00 and gave the company a “neutral” rating in a report on Monday, January 6th. Northland Capmk upgraded shares of Xponential Fitness to a “hold” rating in a research note on Thursday, January 23rd. Finally, Northland Securities assumed coverage on shares of Xponential Fitness in a research note on Thursday, January 23rd. They issued a “market perform” rating and a $17.50 price target on the stock. Six research analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $15.28.

Xponential Fitness Trading Down 38.5 %

Shares of XPOF stock opened at $7.45 on Friday. Xponential Fitness has a 12 month low of $7.22 and a 12 month high of $18.95. The stock has a market cap of $360.05 million, a PE ratio of -6.43 and a beta of 1.38. The company’s fifty day moving average price is $15.24 and its 200-day moving average price is $14.15.

Xponential Fitness (NYSE:XPOF) last announced its earnings results on Thursday, March 13th. The company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.63). Xponential Fitness had a negative net margin of 9.15% and a negative return on equity of 4.37%. The business had revenue of $83.22 million for the quarter, compared to the consensus estimate of $81.12 million. During the same quarter last year, the firm posted $0.08 EPS. The business’s quarterly revenue was down 6.8% on a year-over-year basis. On average, sell-side analysts forecast that Xponential Fitness will post 0.61 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Xponential Fitness

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Point72 Asia Singapore Pte. Ltd. bought a new position in Xponential Fitness during the 4th quarter valued at about $29,000. Point72 Asset Management L.P. purchased a new stake in shares of Xponential Fitness during the 4th quarter valued at about $46,000. AlphaQuest LLC increased its position in shares of Xponential Fitness by 335.9% during the 4th quarter. AlphaQuest LLC now owns 4,843 shares of the company’s stock valued at $65,000 after purchasing an additional 3,732 shares during the last quarter. Financial Management Professionals Inc. increased its position in shares of Xponential Fitness by 117.6% during the 4th quarter. Financial Management Professionals Inc. now owns 5,021 shares of the company’s stock valued at $68,000 after purchasing an additional 2,714 shares during the last quarter. Finally, Asset Planning Inc purchased a new stake in shares of Xponential Fitness during the 4th quarter valued at about $71,000. Institutional investors own 58.55% of the company’s stock.

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.