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

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have received a consensus recommendation of “Reduce” from the nine ratings firms that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $8.9167.

Several research analysts recently commented on XPOF shares. Guggenheim cut their price objective on shares of Xponential Fitness from $12.00 to $10.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Roth Mkm cut shares of Xponential Fitness from a “buy” rating to a “neutral” rating and set a $7.00 target price on the stock. in a report on Friday, February 27th. Robert W. Baird dropped their target price on Xponential Fitness from $8.00 to $6.50 and set a “neutral” rating on the stock in a research report on Friday, February 27th. Raymond James Financial reaffirmed a “market perform” rating on shares of Xponential Fitness in a report on Thursday. Finally, KeyCorp assumed coverage on Xponential Fitness in a research report on Thursday, March 12th. They issued a “sector weight” rating for the company.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd increased its position in shares of Xponential Fitness by 1,621.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,632 shares of the company’s stock valued at $30,000 after buying an additional 3,421 shares during the period. Aquatic Capital Management LLC bought a new position in shares of Xponential Fitness in the third quarter valued at approximately $44,000. Larson Financial Group LLC purchased a new position in Xponential Fitness during the third quarter valued at approximately $54,000. Wexford Capital LP purchased a new position in Xponential Fitness during the third quarter valued at approximately $59,000. Finally, Cerity Partners LLC bought a new stake in Xponential Fitness during the 2nd quarter worth approximately $82,000. Hedge funds and other institutional investors own 58.55% of the company’s stock.

Xponential Fitness Stock Down 1.2%

NYSE XPOF opened at $5.65 on Monday. The company has a market cap of $277.08 million, a PE ratio of -3.87 and a beta of 1.48. Xponential Fitness has a 52 week low of $3.83 and a 52 week high of $11.14. The firm’s 50-day simple moving average is $7.35 and its two-hundred day simple moving average is $7.40.

Xponential Fitness (NYSE:XPOF) last posted its earnings results on Thursday, February 26th. The company reported ($0.91) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.88). Xponential Fitness had a negative return on equity of 2.19% and a negative net margin of 10.90%.The business had revenue of $82.96 million during the quarter, compared to analysts’ expectations of $73.42 million. During the same quarter in the previous year, the business earned ($0.19) EPS. Xponential Fitness’s revenue for the quarter was down .3% on a year-over-year basis. As a group, equities research analysts anticipate that Xponential Fitness will post 0.61 EPS for the current year.

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.