Xponential Fitness, Inc. (NYSE:XPOF) Receives $8.44 Consensus PT from Brokerages

Xponential Fitness, Inc. (NYSE:XPOF) has been assigned an average rating of “Hold” from the eleven brokerages that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $8.4375.

A number of equities research analysts recently issued reports on the stock. Zacks Research upgraded shares of Xponential Fitness from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. Wall Street Zen upgraded Xponential Fitness from a “sell” rating to a “hold” rating in a report on Sunday, July 5th. Northland Securities upgraded Xponential Fitness from a “market perform” rating to an “outperform” rating and set a $8.00 target price on the stock in a report on Wednesday, May 20th. Lake Street Capital cut Xponential Fitness from a “buy” rating to a “hold” rating and set a $6.00 price target for the company. in a research report on Friday, May 8th. Finally, Weiss Ratings downgraded Xponential Fitness from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, June 5th.

Institutional Investors Weigh In On Xponential Fitness

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Citizens Business Bank bought a new stake in shares of Xponential Fitness during the 1st quarter worth $12,040,000. JPMorgan Chase & Co. raised its holdings in Xponential Fitness by 75.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 297,838 shares of the company’s stock worth $2,320,000 after acquiring an additional 127,631 shares during the period. CenterBook Partners LP bought a new position in Xponential Fitness in the 4th quarter worth $4,253,000. Voss Capital LP lifted its position in Xponential Fitness by 86.7% during the 4th quarter. Voss Capital LP now owns 6,033,653 shares of the company’s stock worth $49,657,000 after acquiring an additional 2,801,153 shares during the last quarter. Finally, Kanen Wealth Management LLC lifted its position in Xponential Fitness by 426.2% during the 1st quarter. Kanen Wealth Management LLC now owns 845,922 shares of the company’s stock worth $5,092,000 after acquiring an additional 685,149 shares during the last quarter. 58.55% of the stock is currently owned by institutional investors and hedge funds.

Xponential Fitness Stock Up 1.1%

NYSE XPOF opened at $6.72 on Friday. The stock has a market capitalization of $330.67 million, a PE ratio of -4.87 and a beta of 1.07. Xponential Fitness has a 12-month low of $3.83 and a 12-month high of $10.82. The company has a 50 day moving average price of $6.37 and a two-hundred day moving average price of $6.73.

Xponential Fitness (NYSE:XPOF) last announced its quarterly earnings results on Thursday, May 7th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.11 by ($0.15). Xponential Fitness had a negative return on equity of 3.40% and a negative net margin of 11.28%.The business had revenue of $60.71 million for the quarter, compared to analyst estimates of $63.75 million. The business’s revenue for the quarter was down 21.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.20 EPS. As a group, equities analysts anticipate that Xponential Fitness will post 0.4 EPS for the current year.

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.