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

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

A number of other brokerages have also issued reports on XPOF. Roth Mkm set a $7.00 target price on shares of Xponential Fitness in a research note on Friday, May 8th. KeyCorp began coverage on Xponential Fitness in a report on Thursday, March 12th. They issued a “sector weight” rating for the company. Weiss Ratings lowered Xponential Fitness from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, June 5th. Northland Securities upgraded Xponential Fitness from a “market perform” rating to an “outperform” rating and set a $8.00 price objective on the stock in a research note on Wednesday, May 20th. Finally, Lake Street Capital downgraded 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. Two research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $8.44.

Xponential Fitness Trading Up 0.2%

Shares of NYSE:XPOF opened at $6.79 on Friday. The firm has a market cap of $334.11 million, a PE ratio of -4.92 and a beta of 1.07. The company has a fifty day simple moving average of $6.12 and a 200 day simple moving average of $6.92. Xponential Fitness has a 12-month low of $3.83 and a 12-month high of $11.14.

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

Institutional Trading of Xponential Fitness

A number of institutional investors and hedge funds have recently made changes to their positions in XPOF. Caitong International Asset Management Co. Ltd raised 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 worth $30,000 after purchasing an additional 3,421 shares during the period. Aquatic Capital Management LLC acquired a new position in Xponential Fitness during the 3rd quarter valued at approximately $44,000. Larson Financial Group LLC bought a new position in Xponential Fitness during the 3rd quarter worth $54,000. Wexford Capital LP bought a new position in Xponential Fitness during the 3rd quarter worth $59,000. Finally, IMC Chicago LLC acquired a new stake in Xponential Fitness in the first quarter worth $76,000. 58.55% of the stock is currently owned by institutional investors and hedge funds.

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.