Xponential Fitness (NYSE:XPOF) PT Lowered to $19.00 at Roth Mkm

Xponential Fitness (NYSE:XPOF) had its price objective decreased by Roth Mkm from $22.00 to $19.00 in a research report released on Friday morning, Benzinga reports. Roth Mkm currently has a buy rating on the stock.

Other equities analysts have also issued reports about the company. Stifel Nicolaus reiterated a buy rating and issued a $20.00 price objective on shares of Xponential Fitness in a research note on Friday, April 12th. Guggenheim lifted their target price on Xponential Fitness from $18.00 to $20.00 and gave the stock a buy rating in a research report on Tuesday, June 18th. Roth Capital raised Xponential Fitness to a strong-buy rating in a research report on Monday, June 17th. Robert W. Baird decreased their target price on Xponential Fitness from $16.00 to $15.00 and set a neutral rating on the stock in a research report on Friday. Finally, B. Riley lifted their price objective on Xponential Fitness from $28.00 to $31.00 and gave the company a buy rating in a report on Friday, May 3rd. Four analysts have rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of Moderate Buy and an average target price of $18.25.

Xponential Fitness Stock Up 4.4 %

Shares of Xponential Fitness stock opened at $13.71 on Friday. The stock has a market cap of $659.07 million, a PE ratio of -24.05 and a beta of 1.23. The business has a fifty day simple moving average of $14.73 and a 200-day simple moving average of $13.19. Xponential Fitness has a 12 month low of $7.40 and a 12 month high of $23.93.

Xponential Fitness (NYSE:XPOF) last posted its earnings results on Thursday, August 1st. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.22). Xponential Fitness had a negative net margin of 6.51% and a negative return on equity of 9.53%. The company had revenue of $76.50 million for the quarter, compared to the consensus estimate of $83.63 million. During the same quarter last year, the business earned $0.07 earnings per share. Xponential Fitness’s quarterly revenue was down 1.0% on a year-over-year basis. Analysts expect that Xponential Fitness will post 0.92 EPS for the current fiscal year.

Institutional Trading of Xponential Fitness

Hedge funds have recently added to or reduced their stakes in the business. nVerses Capital LLC bought a new position in Xponential Fitness during the 2nd quarter worth about $34,000. Principal Financial Group Inc. increased its holdings in Xponential Fitness by 13.1% during the 2nd quarter. Principal Financial Group Inc. now owns 19,021 shares of the company’s stock worth $297,000 after purchasing an additional 2,203 shares in the last quarter. Aigen Investment Management LP increased its holdings in Xponential Fitness by 11.3% during the 4th quarter. Aigen Investment Management LP now owns 26,360 shares of the company’s stock worth $340,000 after purchasing an additional 2,684 shares in the last quarter. Vanguard Group Inc. increased its holdings in Xponential Fitness by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 1,325,963 shares of the company’s stock worth $20,552,000 after purchasing an additional 5,245 shares in the last quarter. Finally, Dnca Finance bought a new position in Xponential Fitness during the 2nd quarter worth about $107,000. Institutional investors and hedge funds own 58.55% of the company’s stock.

Xponential Fitness Company Profile

Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in North America. It offers pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training, and yoga services under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands.