Brokerages Set Xponential Fitness, Inc. (NYSE:XPOF) PT at $13.94

Xponential Fitness, Inc. (NYSE:XPOF) has received an average recommendation of “Moderate Buy” from the eleven analysts that are covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $13.94.

XPOF has been the topic of a number of recent research reports. B. Riley lowered their target price on Xponential Fitness from $12.00 to $9.00 and set a “neutral” rating on the stock in a report on Friday, March 14th. Lake Street Capital lowered 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. Raymond James reduced their price target on Xponential Fitness from $16.00 to $15.00 and set a “strong-buy” rating for the company in a research report on Friday, May 9th. Piper Sandler reduced their price target on Xponential Fitness from $16.00 to $9.00 and set a “neutral” rating for the company in a research report on Friday, March 14th. Finally, Wall Street Zen upgraded Xponential Fitness from a “hold” rating to a “buy” rating in a research report on Thursday, May 22nd.

Institutional Trading of Xponential Fitness

Institutional investors have recently made changes to their positions in the business. Skylands Capital LLC grew its position in shares of Xponential Fitness by 80.1% during the fourth quarter. Skylands Capital LLC now owns 95,458 shares of the company’s stock worth $1,284,000 after purchasing an additional 42,458 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Xponential Fitness by 380.9% during the fourth quarter. JPMorgan Chase & Co. now owns 57,034 shares of the company’s stock worth $767,000 after purchasing an additional 45,173 shares in the last quarter. Nomura Holdings Inc. purchased a new stake in shares of Xponential Fitness during the fourth quarter worth about $794,000. Mutual of America Capital Management LLC grew its position in shares of Xponential Fitness by 67.0% during the fourth quarter. Mutual of America Capital Management LLC now owns 136,633 shares of the company’s stock worth $1,838,000 after purchasing an additional 54,817 shares in the last quarter. Finally, Nut Tree Capital Management LP grew its position in shares of Xponential Fitness by 5.0% during the fourth quarter. Nut Tree Capital Management LP now owns 3,151,722 shares of the company’s stock worth $42,391,000 after purchasing an additional 150,000 shares in the last quarter. Hedge funds and other institutional investors own 58.55% of the company’s stock.

Xponential Fitness Stock Performance

XPOF stock opened at $9.05 on Tuesday. Xponential Fitness has a fifty-two week low of $6.64 and a fifty-two week high of $18.95. The business’s 50-day moving average is $8.16 and its two-hundred day moving average is $12.29. The company has a market cap of $440.42 million, a price-to-earnings ratio of -7.80 and a beta of 1.57.

Xponential Fitness (NYSE:XPOF) last posted its earnings results on Thursday, May 8th. The company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.35). Xponential Fitness had a negative net margin of 9.15% and a negative return on equity of 4.37%. The firm had revenue of $76.88 million during the quarter, compared to the consensus estimate of $75.37 million. During the same period in the prior year, the company posted $0.16 EPS. The firm’s revenue was down 3.4% compared to the same quarter last year. Equities analysts predict that Xponential Fitness will post 0.61 earnings per share for the current 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.