Xponential Fitness, Inc. (NYSE:XPOF) Receives $6.94 Average Price Target from Analysts

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have been given an average rating of “Hold” by the twelve brokerages that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, ten have issued a hold rating and one has issued a buy rating on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $6.50.

Several analysts have recently weighed in on the company. Guggenheim cut Xponential Fitness from a “buy” rating to a “neutral” rating in a report on Friday, August 7th. B. Riley Financial lowered their price objective on shares of Xponential Fitness from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Monday, August 10th. Robert W. Baird set a $5.50 price objective on shares of Xponential Fitness in a report on Friday, August 7th. Roth Capital dropped their target price on Xponential Fitness from $7.00 to $5.00 and set a “neutral” rating for the company in a research report on Monday, August 10th. Finally, Weiss Ratings raised shares of Xponential Fitness from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, August 26th.

Institutional Trading of Xponential Fitness

Several hedge funds have recently bought and sold shares of the stock. Ameritas Advisory Services LLC bought a new stake in Xponential Fitness in the 2nd quarter worth approximately $35,000. Quantinno Capital Management LP increased its position in Xponential Fitness by 33.9% during the 1st quarter. Quantinno Capital Management LP now owns 29,268 shares of the company’s stock valued at $176,000 after buying an additional 7,410 shares in the last quarter. IMC Chicago LLC purchased a new stake in Xponential Fitness in the first quarter valued at approximately $76,000. ABS Direct Equity Fund LLC raised its holdings in shares of Xponential Fitness by 7.6% during the second quarter. ABS Direct Equity Fund LLC now owns 193,730 shares of the company’s stock worth $1,341,000 after purchasing an additional 13,730 shares during the last quarter. Finally, Sei Investments Co. purchased a new stake in Xponential Fitness in the first quarter valued at $137,000. Institutional investors own 58.55% of the company’s stock.

Xponential Fitness Trading Down 3.1%

Shares of NYSE:XPOF opened at $3.62 on Monday. Xponential Fitness has a 1-year low of $3.57 and a 1-year high of $9.25. The stock has a market capitalization of $178.29 million, a P/E ratio of -2.46 and a beta of 1.07. The business has a 50-day moving average price of $5.45 and a two-hundred day moving average price of $5.95.

Xponential Fitness (NYSE:XPOF) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.11). The firm had revenue of $65.97 million for the quarter, compared to analyst estimates of $64.42 million. Xponential Fitness had a negative return on equity of 3.40% and a negative net margin of 13.64%.The company’s revenue was down 13.4% compared to the same quarter last year. During the same period last year, the company earned $0.26 EPS. As a group, equities analysts predict that Xponential Fitness will post 0.26 EPS for the current year.

Xponential Fitness Company Profile

Xponential Fitness, Inc (NYSE: XPOF) is a franchisor of boutique fitness and wellness concepts. Founded in 2017, the company supports a portfolio of specialized studio brands that offer focused, instructor-led experiences rather than traditional full-service gym memberships.

Its brand portfolio has included Club Pilates, CycleBar, StretchLab, YogaSix, Pure Barre, AKT, Rumble, BFT and Lindora. These concepts cover Pilates, indoor cycling, assisted stretching, yoga, barre, dance-based fitness, boxing-inspired workouts, group training and weight-management or metabolic-health services.