Brokerages Set Xponential Fitness, Inc. (NYSE:XPOF) PT at $6.94

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have been assigned a consensus recommendation of “Hold” from the twelve brokerages that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $6.9375.

XPOF has been the subject of several recent analyst reports. Guggenheim lowered Xponential Fitness from a “buy” rating to a “neutral” rating in a research note on Friday, August 7th. Northland Securities upgraded shares of Xponential Fitness from a “market perform” rating to an “outperform” rating and set a $8.00 target price on the stock in a research note on Wednesday, May 20th. Weiss Ratings lowered shares of Xponential Fitness from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, August 11th. Zacks Research upgraded shares of Xponential Fitness from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. Finally, Robert W. Baird set a $5.50 price target on shares of Xponential Fitness in a report on Friday, August 7th.

Institutional Trading of Xponential Fitness

Several hedge funds have recently modified their holdings of XPOF. SkyView Investment Advisors LLC raised its stake in shares of Xponential Fitness by 4.9% in the second quarter. SkyView Investment Advisors LLC now owns 39,871 shares of the company’s stock valued at $302,000 after acquiring an additional 1,859 shares during the last quarter. Raymond James Financial Inc. grew its position in Xponential Fitness by 20.4% during the 3rd quarter. Raymond James Financial Inc. now owns 14,732 shares of the company’s stock worth $115,000 after acquiring an additional 2,500 shares during the last quarter. Rhumbline Advisers grew its position in Xponential Fitness by 8.1% during the 2nd quarter. Rhumbline Advisers now owns 35,633 shares of the company’s stock worth $267,000 after acquiring an additional 2,668 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in Xponential Fitness by 1,621.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,632 shares of the company’s stock valued at $30,000 after purchasing an additional 3,421 shares in the last quarter. Finally, Barclays PLC increased its holdings in Xponential Fitness by 4.4% during the 4th quarter. Barclays PLC now owns 83,829 shares of the company’s stock valued at $690,000 after purchasing an additional 3,524 shares in the last quarter. Institutional investors and hedge funds own 58.55% of the company’s stock.

Xponential Fitness Trading Up 2.2%

Shares of XPOF opened at $5.17 on Thursday. Xponential Fitness has a 1 year low of $3.83 and a 1 year high of $9.25. The stock has a 50 day simple moving average of $6.32 and a 200-day simple moving average of $6.44. The stock has a market cap of $254.21 million, a PE ratio of -3.52 and a beta of 1.07.

Xponential Fitness (NYSE:XPOF) last posted its earnings results on Thursday, August 6th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.11). The company had revenue of $65.97 million for the quarter, compared to the consensus estimate of $64.42 million. Xponential Fitness had a negative return on equity of 3.40% and a negative net margin of 13.64%.Xponential Fitness’s quarterly revenue was down 13.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.26 EPS. On average, sell-side analysts forecast that Xponential Fitness will post 0.26 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.