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

Xponential Fitness, Inc. (NYSE:XPOF) has been given an average rating of “Hold” by the eleven brokerages that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $8.4375.

A number of equities research analysts have issued reports on XPOF shares. Roth Mkm set a $7.00 target price on shares of Xponential Fitness in a report on Friday, May 8th. Weiss Ratings reissued a “sell (d-)” rating on shares of Xponential Fitness in a report on Monday, April 20th. Lake Street Capital cut shares of Xponential Fitness from a “buy” rating to a “hold” rating and set a $6.00 target price on the stock. in a report on Friday, May 8th. Guggenheim lowered their target price on shares of Xponential Fitness from $12.00 to $10.00 and set a “buy” rating on the stock in a report on Monday, March 2nd. Finally, Robert W. Baird lowered their target price on shares of Xponential Fitness from $8.00 to $6.50 and set a “neutral” rating on the stock in a report on Friday, February 27th.

Xponential Fitness Trading Down 2.8%

Xponential Fitness stock opened at $5.32 on Friday. Xponential Fitness has a 12 month low of $3.83 and a 12 month high of $11.14. The business’s 50 day simple moving average is $6.18 and its 200 day simple moving average is $6.93. The company has a market cap of $261.78 million, a price-to-earnings ratio of -3.86 and a beta of 1.11.

Xponential Fitness (NYSE:XPOF) last posted its quarterly earnings data on Thursday, May 7th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.11 by ($0.15). Xponential Fitness had a negative net margin of 11.28% and a negative return on equity of 3.40%. The firm had revenue of $60.71 million during the quarter, compared to analysts’ expectations of $63.75 million. During the same quarter in the previous year, the company posted $0.20 EPS. Xponential Fitness’s revenue for the quarter was down 21.0% on a year-over-year basis. As a group, equities research analysts forecast that Xponential Fitness will post 0.4 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Xponential Fitness

Hedge funds and other institutional investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd raised its holdings in Xponential Fitness by 1,621.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,632 shares of the company’s stock valued at $30,000 after acquiring an additional 3,421 shares during the period. Aquatic Capital Management LLC bought a new stake in Xponential Fitness during the 3rd quarter valued at $44,000. Larson Financial Group LLC bought a new stake in Xponential Fitness during the 3rd quarter valued at $54,000. Wexford Capital LP bought a new stake in Xponential Fitness during the 3rd quarter valued at $59,000. Finally, State of Alaska Department of Revenue bought a new stake in Xponential Fitness during the 4th quarter valued at $85,000. Institutional investors own 58.55% of the company’s stock.

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.