Xponential Fitness, Inc. (NYSE:XPOF) Receives Consensus Recommendation of “Hold” from Brokerages

Xponential Fitness, Inc. (NYSE:XPOF) has received an average recommendation of “Hold” from the ten analysts that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $11.6875.

Several research analysts recently commented on XPOF shares. Guggenheim cut their price target on Xponential Fitness from $13.00 to $12.00 and set a “buy” rating on the stock in a research note on Monday, November 10th. UBS Group initiated coverage on Xponential Fitness in a research report on Friday, October 17th. They issued a “neutral” rating and a $8.00 target price on the stock. Wall Street Zen upgraded Xponential Fitness from a “hold” rating to a “buy” rating in a research note on Tuesday, November 11th. Weiss Ratings restated a “sell (d-)” rating on shares of Xponential Fitness in a research note on Wednesday, October 8th. Finally, Stifel Nicolaus cut their price target on shares of Xponential Fitness from $10.00 to $8.00 and set a “hold” rating on the stock in a report on Friday, November 21st.

Xponential Fitness Trading Up 2.2%

Shares of XPOF stock opened at $8.31 on Wednesday. The company has a market capitalization of $406.49 million, a PE ratio of -5.04 and a beta of 1.41. The firm has a fifty day simple moving average of $7.20 and a 200-day simple moving average of $8.11. Xponential Fitness has a twelve month low of $5.38 and a twelve month high of $18.87.

Xponential Fitness (NYSE:XPOF) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.20. Xponential Fitness had a negative net margin of 15.30% and a negative return on equity of 6.85%. The firm had revenue of $78.82 million for the quarter, compared to the consensus estimate of $75.25 million. During the same quarter in the previous year, the firm posted ($0.04) EPS. The firm’s quarterly revenue was down 2.1% on a year-over-year basis. Equities research analysts predict that Xponential Fitness will post 0.61 EPS for the current year.

Hedge Funds Weigh In On Xponential Fitness

A number of hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC increased its holdings in Xponential Fitness by 94.8% in the first quarter. AQR Capital Management LLC now owns 69,300 shares of the company’s stock valued at $577,000 after buying an additional 33,722 shares during the last quarter. Rhumbline Advisers grew its position in shares of Xponential Fitness by 3.9% in the 1st quarter. Rhumbline Advisers now owns 32,965 shares of the company’s stock worth $275,000 after acquiring an additional 1,239 shares in the last quarter. Chicago Capital LLC increased its holdings in shares of Xponential Fitness by 68.1% in the 2nd quarter. Chicago Capital LLC now owns 60,853 shares of the company’s stock valued at $456,000 after acquiring an additional 24,650 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of Xponential Fitness in the 2nd quarter valued at approximately $37,000. Finally, AlphaQuest LLC raised its position in shares of Xponential Fitness by 453.8% during the 2nd quarter. AlphaQuest LLC now owns 21,312 shares of the company’s stock valued at $160,000 after acquiring an additional 17,464 shares in the last quarter. 58.55% of the stock is currently owned by institutional investors and hedge funds.

About Xponential Fitness

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.