Brokerages Set Xponential Fitness, Inc. (NYSE:XPOF) Target Price at $8.92

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have earned an average rating of “Reduce” from the nine ratings firms that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $8.9167.

A number of equities research analysts have recently issued reports on the stock. Robert W. Baird reduced their target price on shares of Xponential Fitness from $8.00 to $6.50 and set a “neutral” rating for the company in a research report on Friday, February 27th. KeyCorp initiated coverage on shares of Xponential Fitness in a research note on Thursday, March 12th. They issued a “sector weight” rating for the company. Zacks Research downgraded shares of Xponential Fitness from a “hold” rating to a “strong sell” rating in a report on Friday, February 27th. Guggenheim decreased their target price on shares of Xponential Fitness from $12.00 to $10.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd. Finally, Roth Mkm reaffirmed a “neutral” rating on shares of Xponential Fitness in a report on Wednesday, April 8th.

Institutional Trading of Xponential Fitness

A number of institutional investors have recently modified their holdings of the stock. Voss Capital LP increased its position in shares of Xponential Fitness by 86.7% in the fourth quarter. Voss Capital LP now owns 6,033,653 shares of the company’s stock worth $49,657,000 after purchasing an additional 2,801,153 shares during the period. Vanguard Group Inc. lifted its position in Xponential Fitness by 0.3% during the third quarter. Vanguard Group Inc. now owns 1,554,023 shares of the company’s stock worth $12,106,000 after purchasing an additional 4,495 shares during the period. Ameriprise Financial Inc. lifted its position in Xponential Fitness by 8.1% during the third quarter. Ameriprise Financial Inc. now owns 1,463,682 shares of the company’s stock worth $11,402,000 after purchasing an additional 109,432 shares during the period. Nomura Holdings Inc. grew its stake in Xponential Fitness by 8.8% during the third quarter. Nomura Holdings Inc. now owns 1,412,218 shares of the company’s stock worth $11,001,000 after buying an additional 114,389 shares in the last quarter. Finally, Marshall Wace LLP increased its holdings in Xponential Fitness by 13.7% in the 3rd quarter. Marshall Wace LLP now owns 1,259,011 shares of the company’s stock valued at $9,808,000 after buying an additional 151,506 shares during the period. 58.55% of the stock is currently owned by institutional investors.

Xponential Fitness Price Performance

XPOF stock opened at $7.21 on Friday. Xponential Fitness has a one year low of $3.83 and a one year high of $11.14. The stock has a market cap of $353.75 million, a price-to-earnings ratio of -4.94 and a beta of 1.22. The company has a fifty day moving average price of $6.75 and a two-hundred day moving average price of $7.18.

Xponential Fitness (NYSE:XPOF) last issued its quarterly earnings data on Thursday, February 26th. The company reported ($0.91) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.88). Xponential Fitness had a negative net margin of 10.90% and a negative return on equity of 2.19%. The company had revenue of $82.96 million during the quarter, compared to the consensus estimate of $73.42 million. During the same period in the previous year, the company earned ($0.19) earnings per share. Xponential Fitness’s revenue for the quarter was down .3% compared to the same quarter last year. Research analysts anticipate that Xponential Fitness will post 0.61 EPS for the current fiscal year.

Xponential Fitness Company Profile

Xponential Fitness is a leading franchisor and operator of boutique fitness studios headquartered in Irvine, California. The company specializes in developing, marketing, and supporting a portfolio of fitness brands that deliver low-impact cardio, strength training, and mindful movement workouts. Through its asset-light franchise model, Xponential provides entrepreneurs with proprietary studio designs, branded equipment, digital support, and comprehensive training programs to ensure consistent member experiences.

Its portfolio comprises core brands such as Club Pilates, Pure Barre, CycleBar, StretchLab, YogaSix, Row House, Rumble, AKT, and STRIDE.