Xponential Fitness (NYSE:XPOF) Downgraded by Wall Street Zen to “Hold”

Xponential Fitness (NYSE:XPOF) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

A number of other analysts have also recently weighed in on the stock. Roth Mkm cut shares of Xponential Fitness from a “buy” rating to a “neutral” rating and set a $7.00 price objective on the stock. in a report on Friday, February 27th. Stifel Nicolaus decreased their target price on shares of Xponential Fitness from $10.00 to $8.00 and set a “hold” rating on the stock in a research report on Friday, November 21st. Guggenheim cut their price target on Xponential Fitness from $12.00 to $10.00 and set a “buy” rating for the company in a research note on Monday, March 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of Xponential Fitness in a report on Wednesday, January 21st. Finally, Robert W. Baird reduced their price objective on shares of Xponential Fitness from $8.00 to $6.50 and set a “neutral” rating on the stock in a research note on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $9.72.

Xponential Fitness Trading Down 0.7%

NYSE:XPOF opened at $5.85 on Friday. The firm has a fifty day simple moving average of $7.84 and a 200-day simple moving average of $7.62. The company has a market capitalization of $286.12 million, a P/E ratio of -4.01 and a beta of 1.48. Xponential Fitness has a 12 month low of $3.83 and a 12 month high of $13.55.

Xponential Fitness (NYSE:XPOF) last issued its quarterly earnings results on Thursday, February 26th. The company reported ($0.91) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.88). Xponential Fitness had a negative return on equity of 2.19% and a negative net margin of 10.90%.The business had revenue of $82.96 million for the quarter, compared to analysts’ expectations of $73.42 million. During the same quarter in the prior year, the company posted ($0.19) EPS. The business’s revenue for the quarter was down .3% compared to the same quarter last year. Equities analysts forecast that Xponential Fitness will post 0.61 EPS for the current year.

Institutional Trading of Xponential Fitness

Several institutional investors have recently added to or reduced their stakes in XPOF. Caitong International Asset Management Co. Ltd grew its stake in Xponential Fitness by 1,621.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,632 shares of the company’s stock worth $30,000 after purchasing an additional 3,421 shares in the last quarter. Aquatic Capital Management LLC bought a new position in Xponential Fitness during the 3rd quarter worth approximately $44,000. Larson Financial Group LLC acquired a new position in shares of Xponential Fitness in the 3rd quarter worth approximately $54,000. Wexford Capital LP bought a new stake in shares of Xponential Fitness in the 3rd quarter valued at approximately $59,000. Finally, Cerity Partners LLC acquired a new stake in shares of Xponential Fitness during the 2nd quarter valued at approximately $82,000. 58.55% of the stock is owned by institutional investors and hedge funds.

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.