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

Xponential Fitness, Inc. (NYSE:XPOF) has been assigned an average recommendation of “Hold” from the eight research firms that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $10.8571.

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

Xponential Fitness Price Performance

NYSE:XPOF opened at $7.99 on Friday. The company has a market cap of $390.55 million, a P/E ratio of -4.84 and a beta of 1.41. The firm’s fifty day moving average price is $7.75 and its two-hundred day moving average price is $7.99. Xponential Fitness has a one year low of $5.38 and a one year high of $18.87.

Xponential Fitness (NYSE:XPOF) last announced its earnings results on Thursday, November 6th. The company reported $0.34 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 business had revenue of $78.82 million during 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. Xponential Fitness’s revenue was down 2.1% compared to the same quarter last year. As a group, equities research analysts expect that Xponential Fitness will post 0.61 earnings per share for the current year.

Institutional Trading of Xponential Fitness

A number of institutional investors have recently modified their holdings of the stock. Ameritas Advisory Services LLC acquired a new stake in shares of Xponential Fitness during the 2nd quarter worth $37,000. Aquatic Capital Management LLC bought a new stake in Xponential Fitness during the third quarter worth about $44,000. Larson Financial Group LLC acquired a new stake in Xponential Fitness during the third quarter worth about $54,000. Wexford Capital LP acquired a new stake in shares of Xponential Fitness during the 3rd quarter worth approximately $59,000. Finally, State of Alaska Department of Revenue acquired a new position in Xponential Fitness during the fourth quarter valued at approximately $85,000. 58.55% of the stock is currently owned by institutional investors.

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.