Xponential Fitness, Inc. (NYSE:XPOF) Receives $15.28 Consensus Price Target from Brokerages

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have earned an average rating of “Moderate Buy” from the eleven ratings firms that are currently covering the firm, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $15.28.

A number of equities analysts recently commented on XPOF shares. Northland Capmk upgraded Xponential Fitness to a “hold” rating in a report on Thursday, January 23rd. Piper Sandler dropped their target price on shares of Xponential Fitness from $16.00 to $9.00 and set a “neutral” rating for the company in a research report on Friday, March 14th. B. Riley reduced their price target on shares of Xponential Fitness from $12.00 to $9.00 and set a “neutral” rating on the stock in a research report on Friday, March 14th. Stifel Nicolaus lowered shares of Xponential Fitness from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $20.00 to $12.00 in a report on Friday, March 14th. Finally, Lake Street Capital reduced their target price on Xponential Fitness from $20.00 to $16.00 and set a “buy” rating on the stock in a report on Friday, March 14th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Barclays PLC increased its holdings in Xponential Fitness by 366.5% in the 3rd quarter. Barclays PLC now owns 39,621 shares of the company’s stock worth $491,000 after buying an additional 31,127 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Xponential Fitness by 0.7% in the third quarter. Geode Capital Management LLC now owns 538,436 shares of the company’s stock worth $6,678,000 after acquiring an additional 3,658 shares during the period. SkyView Investment Advisors LLC raised its holdings in shares of Xponential Fitness by 23.3% during the third quarter. SkyView Investment Advisors LLC now owns 18,500 shares of the company’s stock valued at $229,000 after purchasing an additional 3,500 shares during the last quarter. Financial Management Professionals Inc. raised its holdings in shares of Xponential Fitness by 117.6% during the fourth quarter. Financial Management Professionals Inc. now owns 5,021 shares of the company’s stock valued at $68,000 after purchasing an additional 2,714 shares during the last quarter. Finally, SG Americas Securities LLC lifted its position in Xponential Fitness by 56.4% during the fourth quarter. SG Americas Securities LLC now owns 13,489 shares of the company’s stock valued at $181,000 after purchasing an additional 4,862 shares during the period. 58.55% of the stock is owned by institutional investors.

Xponential Fitness Stock Performance

Shares of Xponential Fitness stock opened at $8.24 on Friday. Xponential Fitness has a 52-week low of $6.64 and a 52-week high of $18.95. The company’s 50 day moving average price is $8.86 and its 200-day moving average price is $12.86. The stock has a market capitalization of $399.27 million, a price-to-earnings ratio of -7.10 and a beta of 1.57.

Xponential Fitness (NYSE:XPOF) last posted its earnings results on Thursday, March 13th. The company reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.63). The firm had revenue of $83.22 million for the quarter, compared to analysts’ expectations of $81.12 million. Xponential Fitness had a negative return on equity of 4.37% and a negative net margin of 9.15%. The business’s revenue for the quarter was down 6.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.08 earnings per share. As a group, equities research analysts forecast that Xponential Fitness will post 0.61 earnings per share for the current fiscal year.

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.