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

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

A number of research analysts have commented on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Xponential Fitness in a research report on Wednesday, October 8th. UBS Group started coverage on Xponential Fitness in a research note on Friday, October 17th. They set a “neutral” rating and a $8.00 target price on the stock. Wall Street Zen raised Xponential Fitness from a “hold” rating to a “buy” rating in a research note on Tuesday, November 11th. Guggenheim cut their price target on shares of Xponential Fitness from $13.00 to $12.00 and set a “buy” rating on the stock in a report on Monday, November 10th. Finally, Stifel Nicolaus decreased their price objective on shares of Xponential Fitness from $10.00 to $8.00 and set a “hold” rating for the company in a report on Friday, November 21st.

Institutional Trading of Xponential Fitness

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Rhumbline Advisers boosted its position in Xponential Fitness by 3.9% during the 1st quarter. Rhumbline Advisers now owns 32,965 shares of the company’s stock valued at $275,000 after acquiring an additional 1,239 shares in the last quarter. SkyView Investment Advisors LLC boosted its position in shares of Xponential Fitness by 4.9% during the second quarter. SkyView Investment Advisors LLC now owns 39,871 shares of the company’s stock valued at $302,000 after purchasing an additional 1,859 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of Xponential Fitness by 20.4% during the third quarter. Raymond James Financial Inc. now owns 14,732 shares of the company’s stock valued at $115,000 after purchasing an additional 2,500 shares in the last quarter. Vanguard Group Inc. grew its stake in Xponential Fitness by 0.3% in the third quarter. Vanguard Group Inc. now owns 1,554,023 shares of the company’s stock worth $12,106,000 after purchasing an additional 4,495 shares during the period. Finally, Ameritas Advisory Services LLC bought a new position in Xponential Fitness in the second quarter worth $37,000. 58.55% of the stock is currently owned by hedge funds and other institutional investors.

Xponential Fitness Stock Up 3.7%

Shares of Xponential Fitness stock opened at $8.22 on Wednesday. The company’s fifty day simple moving average is $7.11 and its two-hundred day simple moving average is $8.10. Xponential Fitness has a 12-month low of $5.38 and a 12-month high of $18.87. The firm has a market cap of $402.09 million, a PE ratio of -4.98 and a beta of 1.41.

Xponential Fitness (NYSE:XPOF) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.14 by $0.20. The firm had revenue of $78.82 million during the quarter, compared to the consensus estimate of $75.25 million. Xponential Fitness had a negative net margin of 15.30% and a negative return on equity of 6.85%. The company’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.04) earnings per share. As a group, sell-side analysts expect that Xponential Fitness will post 0.61 earnings per share for the current fiscal year.

Xponential Fitness Company Profile

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.