Xponential Fitness (NYSE:XPOF) Stock Rating Lowered by Wall Street Zen

Xponential Fitness (NYSE:XPOF) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday.

Several other equities analysts have also recently weighed in on XPOF. Guggenheim lowered their price objective on shares of Xponential Fitness from $12.00 to $10.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. Weiss Ratings lowered shares of Xponential Fitness from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, June 5th. Raymond James Financial restated a “market perform” rating on shares of Xponential Fitness in a research report on Thursday, March 19th. Roth Mkm set a $7.00 target price on shares of Xponential Fitness in a report on Friday, May 8th. Finally, Northland Securities upgraded shares of Xponential Fitness from a “market perform” rating to an “outperform” rating and set a $8.00 price target on the stock in a research report on Wednesday, May 20th. Two research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Xponential Fitness has an average rating of “Hold” and a consensus price target of $8.44.

Xponential Fitness Stock Performance

Xponential Fitness stock opened at $7.04 on Friday. Xponential Fitness has a one year low of $3.83 and a one year high of $11.14. The stock has a fifty day moving average of $6.13 and a 200 day moving average of $6.95. The stock has a market cap of $346.19 million, a PE ratio of -5.10 and a beta of 1.11.

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd lifted its position in shares of 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 buying an additional 3,421 shares in the last quarter. Aquatic Capital Management LLC bought a new position in shares of Xponential Fitness during the 3rd quarter valued at approximately $44,000. Larson Financial Group LLC bought a new position in shares of Xponential Fitness during the 3rd quarter valued at approximately $54,000. Wexford Capital LP purchased a new stake in Xponential Fitness in the 3rd quarter worth approximately $59,000. Finally, State of Alaska Department of Revenue purchased a new stake in Xponential Fitness in the 4th quarter worth approximately $85,000. Institutional investors own 58.55% of the company’s stock.

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.