Xponential Fitness, Inc. (NYSE:XPOF) Receives Consensus Rating of “Moderate Buy” from Analysts

Xponential Fitness, Inc. (NYSE:XPOF) has been assigned a consensus recommendation of “Moderate Buy” from the ten analysts that are covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $17.61.

XPOF has been the subject of several recent research reports. Stifel Nicolaus raised their price target on shares of Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Monday, November 11th. Piper Sandler upped their price target on Xponential Fitness from $12.00 to $16.00 and gave the stock a “neutral” rating in a report on Monday, January 6th.

Insider Transactions at Xponential Fitness

In other Xponential Fitness news, Director Mark Grabowski sold 2,595,598 shares of the company’s stock in a transaction dated 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 in the company, valued at $468,881.10. This represents a 98.84 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 47.83% of the company’s stock.

Hedge Funds Weigh In On Xponential Fitness

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Quarry LP raised its position in shares of Xponential Fitness by 80.4% in the 2nd quarter. Quarry LP now owns 3,692 shares of the company’s stock valued at $58,000 after purchasing an additional 1,646 shares in the last quarter. Financial Management Professionals Inc. grew its holdings in Xponential Fitness by 117.6% during the 4th quarter. Financial Management Professionals Inc. now owns 5,021 shares of the company’s stock worth $68,000 after acquiring an additional 2,714 shares in the last quarter. Canada Pension Plan Investment Board bought a new stake in shares of Xponential Fitness in the 2nd quarter worth about $72,000. SG Americas Securities LLC bought a new position in shares of Xponential Fitness during the third quarter worth about $107,000. Finally, Centiva Capital LP bought a new position in Xponential Fitness during the 3rd quarter worth approximately $183,000. 58.55% of the stock is owned by institutional investors and hedge funds.

Xponential Fitness Stock Up 1.7 %

Shares of XPOF stock opened at $15.93 on Wednesday. The stock has a market cap of $769.42 million, a PE ratio of -13.73 and a beta of 1.30. Xponential Fitness has a 52-week low of $7.40 and a 52-week high of $18.95. The business has a 50-day simple moving average of $14.78 and a 200-day simple moving average of $14.26.

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

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.