Xponential Fitness (NYSE:XPOF) Trading Down 13.5% – What’s Next?

Xponential Fitness, Inc. (NYSE:XPOF)’s stock price dropped 13.5% on Monday . The stock traded as low as $11.22 and last traded at $10.95. Approximately 596,258 shares traded hands during mid-day trading, an increase of 3% from the average daily volume of 578,732 shares. The stock had previously closed at $12.66.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on XPOF shares. Piper Sandler lifted their price target on Xponential Fitness from $12.00 to $16.00 and gave the company a “neutral” rating in a research report on Monday, January 6th. Northland Securities assumed coverage on Xponential Fitness in a research report on Thursday, January 23rd. They set a “market perform” rating and a $17.50 price target on the stock. Finally, Northland Capmk upgraded Xponential Fitness to a “hold” rating in a research report on Thursday, January 23rd. Six analysts have rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $17.22.

Xponential Fitness Price Performance

The stock’s fifty day moving average price is $15.46 and its 200-day moving average price is $14.22. The firm has a market cap of $584.18 million, a PE ratio of -10.43 and a beta of 1.38.

Institutional Trading of Xponential Fitness

Hedge funds have recently bought and sold shares of the business. Geode Capital Management LLC grew its position in shares of Xponential Fitness by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 539,904 shares of the company’s stock valued at $7,263,000 after purchasing an additional 1,468 shares in the last quarter. State Street Corp grew its holdings in Xponential Fitness by 0.4% in 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. acquired a new stake in shares of Xponential Fitness in the 4th quarter worth $29,000. Charles Schwab Investment Management Inc. raised its holdings in shares of Xponential Fitness by 1.4% during the 3rd 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 period. Finally, Financial Management Professionals Inc. boosted its position in shares of 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 acquiring an additional 2,714 shares during the last quarter. Institutional investors and hedge funds own 58.55% of the company’s stock.

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.