Xponential Fitness (NYSE:XPOF) Stock Rating Upgraded by Northland Capmk

Xponential Fitness (NYSE:XPOF) was upgraded by investment analysts at Northland Capmk to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

A number of other equities analysts have also commented on XPOF. Piper Sandler lifted their target price on Xponential Fitness from $12.00 to $16.00 and gave the company a “neutral” rating in a research note on Monday, January 6th. Stifel Nicolaus boosted their price target on shares of Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a report on Monday, November 11th. Finally, Northland Securities started coverage on Xponential Fitness in a report on Thursday. They set a “market perform” rating and a $17.50 price objective for the company. Six analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.60.

Xponential Fitness Price Performance

NYSE XPOF opened at $15.81 on Thursday. The company has a market capitalization of $763.72 million, a price-to-earnings ratio of -13.63 and a beta of 1.30. The company’s fifty day moving average price is $14.83 and its two-hundred day moving average price is $14.28. Xponential Fitness has a 12 month low of $7.40 and a 12 month high of $18.95.

Xponential Fitness (NYSE:XPOF) last announced its quarterly earnings results on Thursday, November 7th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.22). The company had revenue of $80.49 million during the quarter, compared to the consensus estimate of $76.85 million. Xponential Fitness had a negative return on equity of 4.37% and a negative net margin of 9.15%. During the same period last year, the business posted $0.11 EPS. As a group, analysts anticipate that Xponential Fitness will post 0.61 EPS for the current year.

Insider Transactions at Xponential Fitness

In related news, Director Mark Grabowski sold 2,595,598 shares of Xponential Fitness stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $15.35, for a total transaction of $39,842,429.30. Following the completion of the sale, the director now directly owns 30,546 shares of the company’s stock, valued at $468,881.10. The trade was a 98.84 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 47.83% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in XPOF. Rockefeller Capital Management L.P. acquired a new stake in Xponential Fitness in the 3rd quarter valued at approximately $3,171,000. JCP Investment Management LLC bought a new stake in shares of Xponential Fitness in the second quarter worth $3,915,000. Mutual of America Capital Management LLC acquired a new position in Xponential Fitness during the third quarter worth $1,015,000. Wasatch Advisors LP grew its position in Xponential Fitness by 96.2% in the third quarter. Wasatch Advisors LP now owns 1,152,972 shares of the company’s stock valued at $14,297,000 after purchasing an additional 565,451 shares in the last quarter. Finally, Squarepoint Ops LLC acquired a new stake in Xponential Fitness in the 2nd quarter valued at $1,076,000. 58.55% of the stock is owned by institutional investors and hedge funds.

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.