Xponential Fitness, Inc. (NYSE:XPOF) Stock Has Average Price Target of $6.50

Xponential Fitness, Inc. (NYSE:XPOF) has been assigned an average rating of “Hold” from the twelve analysts that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and one has given a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $6.50.

XPOF has been the topic of several research analyst reports. B. Riley Financial lowered their price target on shares of Xponential Fitness from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Monday, August 10th. Weiss Ratings upgraded Xponential Fitness from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, October 16th. Robert W. Baird set a $5.50 price objective on Xponential Fitness in a report on Friday, August 7th. Roth Capital reduced their price objective on Xponential Fitness from $7.00 to $5.00 and set a “neutral” rating for the company in a research report on Monday, August 10th. Finally, Guggenheim downgraded Xponential Fitness from a “buy” rating to a “neutral” rating in a research note on Friday, August 7th.

Institutional Investors Weigh In On Xponential Fitness

Several institutional investors have recently made changes to their positions in XPOF. Covestor Ltd raised its position in Xponential Fitness by 30,046.2% during the third quarter. Covestor Ltd now owns 11,757 shares of the company’s stock valued at $53,000 after acquiring an additional 11,718 shares in the last quarter. Prescott Group Capital Management L.L.C. lifted its stake in Xponential Fitness by 8.8% in the third quarter. Prescott Group Capital Management L.L.C. now owns 369,501 shares of the company’s stock valued at $1,663,000 after acquiring an additional 30,000 shares during the last quarter. ABS Direct Equity Fund LLC lifted its stake in Xponential Fitness by 7.6% in the second quarter. ABS Direct Equity Fund LLC now owns 193,730 shares of the company’s stock valued at $1,341,000 after acquiring an additional 13,730 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in Xponential Fitness in the second quarter valued at approximately $35,000. Finally, Fund 1 Investments LLC bought a new stake in Xponential Fitness in the second quarter worth approximately $12,512,000. 58.55% of the stock is currently owned by institutional investors and hedge funds.

Xponential Fitness Stock Performance

XPOF stock opened at $4.41 on Tuesday. The firm has a 50 day simple moving average of $4.43 and a 200 day simple moving average of $5.97. Xponential Fitness has a 52 week low of $3.57 and a 52 week high of $9.25. The stock has a market cap of $217.27 million, a P/E ratio of -3.00 and a beta of 1.07.

Xponential Fitness (NYSE:XPOF) last released its quarterly earnings data on Thursday, November 5th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.08). Xponential Fitness had a negative net margin of 13.64% and a negative return on equity of 3.40%. The company had revenue of $62.26 million during the quarter, compared to analyst estimates of $63.00 million. During the same quarter in the prior year, the company posted $0.34 EPS. The firm’s quarterly revenue was down 21.0% compared to the same quarter last year. Sell-side analysts predict that Xponential Fitness will post 0.14 EPS for the current year.

About Xponential Fitness

Xponential Fitness, Inc is a franchisor of boutique health and wellness businesses. Founded in 2017 and headquartered in Irvine, California, the company develops and supports specialized fitness concepts that operate through franchised studios and licensed locations.

Its portfolio has included Club Pilates, CycleBar, StretchLab, YogaSix, Pure Barre, AKT, Rumble, STRIDE Fitness and BFT, which offer services such as Pilates, indoor cycling, assisted stretching, yoga, barre, dance-based workouts, boxing-inspired training and group fitness.