Xponential Fitness, Inc. (NYSE:XPOF) Receives $17.44 Average Price Target from Analysts

Xponential Fitness, Inc. (NYSE:XPOF) has received a consensus rating of “Moderate Buy” from the eleven brokerages that are currently covering the stock, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $15.28.

Several analysts have commented on XPOF shares. Lake Street Capital dropped their target price on shares of Xponential Fitness from $20.00 to $16.00 and set a “buy” rating for the company in a research report on Friday. B. Riley decreased their price target on shares of Xponential Fitness from $12.00 to $9.00 and set a “neutral” rating for the company in a report on Friday. Northland Securities started coverage on Xponential Fitness in a research note on Thursday, January 23rd. They set a “market perform” rating and a $17.50 price objective on the stock. Stifel Nicolaus cut Xponential Fitness from a “buy” rating to a “hold” rating and decreased their target price for the company from $20.00 to $12.00 in a research note on Friday. Finally, Piper Sandler lowered their price target on Xponential Fitness from $16.00 to $9.00 and set a “neutral” rating for the company in a report on Friday.

Xponential Fitness Stock Performance

Shares of XPOF opened at $7.45 on Thursday. The company has a 50-day simple moving average of $15.24 and a 200-day simple moving average of $14.15. The firm has a market capitalization of $360.05 million, a P/E ratio of -6.43 and a beta of 1.38. Xponential Fitness has a 52 week low of $7.22 and a 52 week high of $18.95.

Xponential Fitness (NYSE:XPOF) last issued its earnings results on Thursday, March 13th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of $0.44 by ($0.63). The business had revenue of $83.22 million for the quarter, compared to the consensus estimate of $81.12 million. Xponential Fitness had a negative net margin of 9.15% and a negative return on equity of 4.37%. The business’s revenue was down 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.08 EPS. As a group, equities analysts forecast that Xponential Fitness will post 0.61 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of XPOF. Mutual of America Capital Management LLC acquired a new position in shares of Xponential Fitness during the third quarter worth about $1,015,000. Landscape Capital Management L.L.C. acquired a new position in shares of Xponential Fitness during the third quarter worth about $185,000. Charles Schwab Investment Management Inc. boosted its position in shares of Xponential Fitness by 1.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 195,380 shares of the company’s stock worth $2,423,000 after buying an additional 2,670 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in shares of Xponential Fitness during the third quarter worth about $702,000. Finally, Rockefeller Capital Management L.P. acquired a new position in shares of Xponential Fitness during the third quarter worth about $3,171,000. 58.55% of the stock is owned by institutional investors and hedge funds.

About Xponential Fitness

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.