Xponential Fitness (NYSE:XPOF) Stock Price Down 11.1% – What’s Next?

Xponential Fitness, Inc. (NYSE:XPOF)’s stock price fell 11.1% during mid-day trading on Tuesday . The stock traded as low as $12.75 and last traded at $12.29. 51,463 shares changed hands during trading, a decline of 88% from the average session volume of 416,673 shares. The stock had previously closed at $13.83.

Analysts Set New Price Targets

Several analysts recently commented on the company. Northland Capmk upgraded Xponential Fitness to a “hold” rating in a report on Thursday, January 23rd. Piper Sandler raised their price objective 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 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. Finally, Northland Securities assumed coverage on shares of Xponential Fitness in a report on Thursday, January 23rd. They set a “market perform” rating and a $17.50 price objective on the stock. Six equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.60.

Xponential Fitness Price Performance

The company has a market cap of $629.15 million, a PE ratio of -11.19 and a beta of 1.33. The firm’s 50 day moving average is $15.53 and its 200 day moving average is $14.29.

Institutional Investors Weigh In On Xponential Fitness

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC raised its position in Xponential Fitness by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 539,904 shares of the company’s stock worth $7,263,000 after purchasing an additional 1,468 shares during the period. State Street Corp increased its position in Xponential Fitness by 0.4% during the 3rd quarter. State Street Corp now owns 541,092 shares of the company’s stock valued at $6,710,000 after buying an additional 1,977 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in Xponential Fitness in the fourth quarter worth $29,000. Charles Schwab Investment Management Inc. grew its stake in shares of Xponential Fitness by 1.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 195,380 shares of the company’s stock worth $2,423,000 after acquiring an additional 2,670 shares during the last quarter. Finally, Financial Management Professionals Inc. increased its stake in Xponential Fitness by 117.6% during the 4th quarter. Financial Management Professionals Inc. now owns 5,021 shares of the company’s stock valued at $68,000 after purchasing an additional 2,714 shares in the last quarter. 58.55% of the stock is owned by hedge funds and other institutional investors.

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.