Xponential Fitness, Inc. (NYSE:XPOF) Receives $13.94 Average PT from Analysts

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have earned an average rating of “Moderate Buy” from the ten research firms that are presently covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong 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 $13.94.

Several research analysts recently issued reports on XPOF shares. B. Riley cut their price target on shares of Xponential Fitness from $12.00 to $9.00 and set a “neutral” rating for the company in a report on Friday, March 14th. Raymond James Financial cut their price target on shares of Xponential Fitness from $16.00 to $15.00 and set a “strong-buy” rating for the company in a report on Friday, May 9th. Guggenheim reaffirmed a “buy” rating and issued a $13.00 target price on shares of Xponential Fitness in a report on Monday, May 12th. Wall Street Zen raised shares of Xponential Fitness from a “hold” rating to a “buy” rating in a report on Thursday, May 22nd. Finally, 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 report on Friday, March 14th.

Xponential Fitness Stock Down 0.4%

NYSE XPOF opened at $7.61 on Friday. The stock has a market capitalization of $370.33 million, a P/E ratio of -3.73 and a beta of 1.56. Xponential Fitness has a 52-week low of $6.64 and a 52-week high of $18.95. The firm has a 50-day moving average price of $8.50 and a 200 day moving average price of $11.38.

Xponential Fitness (NYSE:XPOF) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.35). The firm had revenue of $76.88 million for the quarter, compared to analysts’ expectations of $75.37 million. Xponential Fitness had a negative return on equity of 4.34% and a negative net margin of 20.80%. The company’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.16 earnings per share. On average, equities research analysts expect that Xponential Fitness will post 0.61 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in XPOF. Marshall Wace LLP grew its position in shares of Xponential Fitness by 564.8% in the fourth quarter. Marshall Wace LLP now owns 640,769 shares of the company’s stock valued at $8,618,000 after purchasing an additional 544,382 shares during the last quarter. MSD Partners L.P. grew its position in shares of Xponential Fitness by 18.1% in the first quarter. MSD Partners L.P. now owns 1,655,090 shares of the company’s stock valued at $13,787,000 after purchasing an additional 253,631 shares during the last quarter. Clark Estates Inc. NY acquired a new stake in shares of Xponential Fitness in the fourth quarter valued at approximately $2,690,000. Prospect Capital Advisors LLC acquired a new stake in shares of Xponential Fitness in the fourth quarter valued at approximately $2,590,000. Finally, Formula Growth Ltd. grew its position in shares of Xponential Fitness by 119.4% in the fourth quarter. Formula Growth Ltd. now owns 306,119 shares of the company’s stock valued at $4,117,000 after purchasing an additional 166,600 shares during the last quarter. 58.55% of the stock is owned by hedge funds and other institutional investors.

Xponential Fitness Company Profile

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.