Xponential Fitness, Inc. (NYSE:XPOF) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have been given a consensus recommendation of “Moderate Buy” by the eight brokerages that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $23.06.

A number of brokerages recently weighed in on XPOF. Bank of America lifted their price objective on shares of Xponential Fitness from $13.00 to $15.50 and gave the company a “neutral” rating in a report on Wednesday, March 13th. Citigroup dropped their price objective on Xponential Fitness from $23.00 to $21.00 and set a “buy” rating on the stock in a research note on Monday, March 4th. Robert W. Baird reduced their price objective on Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating on the stock in a report on Friday, March 1st. Piper Sandler reiterated a “neutral” rating and issued a $13.00 target price (down from $21.00) on shares of Xponential Fitness in a report on Wednesday, January 3rd. Finally, Stifel Nicolaus restated a “buy” rating and set a $20.00 price target on shares of Xponential Fitness in a research note on Friday, April 12th.

Insider Transactions at Xponential Fitness

In related news, President Sarah Luna sold 5,399 shares of the stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $10.01, for a total transaction of $54,043.99. Following the completion of the sale, the president now owns 265,247 shares of the company’s stock, valued at $2,655,122.47. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Xponential Fitness news, President Sarah Luna sold 5,399 shares of the company’s stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $10.01, for a total transaction of $54,043.99. Following the transaction, the president now owns 265,247 shares in the company, valued at approximately $2,655,122.47. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO John P. Meloun sold 6,160 shares of the firm’s stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $10.09, for a total value of $62,154.40. Following the completion of the transaction, the chief financial officer now owns 245,003 shares of the company’s stock, valued at approximately $2,472,080.27. The disclosure for this sale can be found here. In the last three months, insiders sold 35,632 shares of company stock valued at $356,848. Corporate insiders own 47.86% of the company’s stock.

Hedge Funds Weigh In On Xponential Fitness

A number of institutional investors have recently bought and sold shares of the business. Voss Capital LLC purchased a new position in shares of Xponential Fitness during the fourth quarter worth $29,776,000. Ameriprise Financial Inc. lifted its holdings in shares of Xponential Fitness by 103.7% in the 1st quarter. Ameriprise Financial Inc. now owns 2,238,139 shares of the company’s stock valued at $68,017,000 after buying an additional 1,139,511 shares during the period. MSD Partners L.P. boosted its stake in shares of Xponential Fitness by 116.2% in the third quarter. MSD Partners L.P. now owns 1,761,319 shares of the company’s stock worth $27,300,000 after buying an additional 946,757 shares during the last quarter. FMR LLC boosted its stake in shares of Xponential Fitness by 2,553.4% in the first quarter. FMR LLC now owns 808,423 shares of the company’s stock worth $24,568,000 after buying an additional 777,955 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. purchased a new position in Xponential Fitness during the third quarter valued at approximately $10,415,000. 58.55% of the stock is owned by hedge funds and other institutional investors.

Xponential Fitness Stock Performance

Shares of NYSE XPOF opened at $13.11 on Friday. The business’s 50 day moving average price is $13.40 and its 200-day moving average price is $13.10. Xponential Fitness has a fifty-two week low of $8.30 and a fifty-two week high of $33.58. The company has a market cap of $622.59 million, a price-to-earnings ratio of -7.95 and a beta of 1.09.

Xponential Fitness (NYSE:XPOF) last released its earnings results on Thursday, February 29th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03). The business had revenue of $90.20 million during the quarter, compared to analysts’ expectations of $81.71 million. Xponential Fitness had a negative return on equity of 16.60% and a negative net margin of 0.28%. The business’s revenue for the quarter was up 26.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.11 EPS. Sell-side analysts predict that Xponential Fitness will post 1.11 earnings per share for the current 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.