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

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have been assigned a consensus recommendation of “Hold” from the eleven analysts that are covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $8.4375.

Several equities research analysts have recently weighed in on XPOF shares. Northland Securities upgraded shares of Xponential Fitness from a “market perform” rating to an “outperform” rating and set a $8.00 target price for the company in a research note on Wednesday, May 20th. Lake Street Capital downgraded shares of Xponential Fitness from a “buy” rating to a “hold” rating and set a $6.00 target price for the company. in a research note on Friday, May 8th. Zacks Research downgraded shares of Xponential Fitness from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 2nd. Raymond James Financial reiterated a “market perform” rating on shares of Xponential Fitness in a research note on Thursday, March 19th. Finally, KeyCorp started coverage on shares of Xponential Fitness in a research note on Thursday, March 12th. They set a “sector weight” rating for the company.

Xponential Fitness Price Performance

NYSE XPOF opened at $6.94 on Wednesday. Xponential Fitness has a 1 year low of $3.83 and a 1 year high of $11.14. The company has a market capitalization of $340.99 million, a PE ratio of -5.03 and a beta of 1.11. The company has a fifty day moving average of $6.13 and a two-hundred day moving average of $6.94.

Xponential Fitness (NYSE:XPOF) last announced its earnings results on Thursday, May 7th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.15). Xponential Fitness had a negative return on equity of 3.40% and a negative net margin of 11.28%.The business had revenue of $60.71 million for the quarter, compared to analyst estimates of $63.75 million. During the same quarter last year, the company posted $0.20 EPS. Xponential Fitness’s quarterly revenue was down 21.0% on a year-over-year basis. On average, research analysts expect that Xponential Fitness will post 0.4 earnings per share for the current year.

Institutional Investors Weigh In On Xponential Fitness

Hedge funds have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd lifted its position in Xponential Fitness by 1,621.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,632 shares of the company’s stock valued at $30,000 after purchasing an additional 3,421 shares during the period. Aquatic Capital Management LLC acquired a new stake in Xponential Fitness in the third quarter valued at about $44,000. Larson Financial Group LLC acquired a new stake in Xponential Fitness in the third quarter valued at about $54,000. Wexford Capital LP acquired a new stake in Xponential Fitness in the third quarter valued at about $59,000. Finally, State of Alaska Department of Revenue acquired a new stake in Xponential Fitness in the fourth quarter valued at about $85,000. Institutional investors and hedge funds 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.