Xponential Fitness (NYSE:XPOF) Raised to Buy at Wall Street Zen

Xponential Fitness (NYSE:XPOF) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Sunday.

A number of other brokerages have also issued reports on XPOF. Raymond James Financial decreased their target price on Xponential Fitness from $15.00 to $14.00 and set a “strong-buy” rating on the stock in a research report on Friday, August 8th. Weiss Ratings restated a “sell (d-)” rating on shares of Xponential Fitness in a research report on Wednesday, October 8th. Finally, UBS Group started coverage on shares of Xponential Fitness in a report on Friday, October 17th. They set a “neutral” rating and a $8.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Xponential Fitness currently has a consensus rating of “Hold” and a consensus price target of $12.31.

Xponential Fitness Stock Up 0.1%

NYSE:XPOF opened at $6.99 on Friday. Xponential Fitness has a 52 week low of $6.64 and a 52 week high of $18.87. The stock’s 50-day moving average price is $8.01 and its 200-day moving average price is $8.58. The stock has a market capitalization of $341.08 million, a PE ratio of -3.97 and a beta of 1.45.

Xponential Fitness (NYSE:XPOF) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.07. The business had revenue of $76.21 million for the quarter, compared to analysts’ expectations of $77.23 million. During the same quarter in the prior year, the company posted ($0.29) EPS. The business’s revenue for the quarter was down .4% compared to the same quarter last year. Xponential Fitness has set its FY 2025 guidance at EPS. Sell-side analysts expect that Xponential Fitness will post 0.61 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Bruce N. Haase bought 70,000 shares of the stock in a transaction dated Tuesday, August 12th. The shares were acquired at an average cost of $7.67 per share, for a total transaction of $536,900.00. Following the acquisition, the director directly owned 95,937 shares in the company, valued at approximately $735,836.79. This trade represents a 269.88% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 47.83% of the company’s stock.

Hedge Funds Weigh In On Xponential Fitness

Several institutional investors and hedge funds have recently bought and sold shares of the company. Skylands Capital LLC raised its position in Xponential Fitness by 72.3% in the first quarter. Skylands Capital LLC now owns 164,500 shares of the company’s stock valued at $1,370,000 after purchasing an additional 69,042 shares during the period. Mutual of America Capital Management LLC increased its position in shares of Xponential Fitness by 15.7% during the 1st quarter. Mutual of America Capital Management LLC now owns 158,031 shares of the company’s stock worth $1,316,000 after purchasing an additional 21,398 shares during the last quarter. Y Intercept Hong Kong Ltd raised its holdings in Xponential Fitness by 282.4% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 51,751 shares of the company’s stock valued at $431,000 after buying an additional 38,218 shares during the period. Prescott Group Capital Management L.L.C. purchased a new stake in Xponential Fitness in the 1st quarter valued at about $250,000. Finally, Nuveen LLC acquired a new position in Xponential Fitness in the first quarter valued at about $599,000. 58.55% of the stock is currently owned by institutional investors and hedge funds.

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.