Xponential Fitness, Inc. (NYSE:XPOF) Receives $17.28 Average Target Price from Brokerages

Xponential Fitness, Inc. (NYSE:XPOF) has been assigned a consensus rating of “Moderate Buy” from the ten analysts that are currently covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $17.28.

XPOF has been the topic of several analyst reports. B. Riley lifted their target price on Xponential Fitness from $9.00 to $12.00 and gave the company a “neutral” rating in a research report on Monday, August 5th. Robert W. Baird dropped their price target on Xponential Fitness from $16.00 to $15.00 and set a “neutral” rating on the stock in a report on Friday, August 2nd. Guggenheim lifted their price target on Xponential Fitness from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday, June 18th. Roth Mkm dropped their price target on Xponential Fitness from $22.00 to $19.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Finally, Piper Sandler reiterated a “neutral” rating and set a $13.00 price target (down from $14.00) on shares of Xponential Fitness in a report on Friday, August 2nd.

Insider Activity

In related news, President Sarah Luna sold 14,400 shares of the business’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $13.85, for a total transaction of $199,440.00. Following the completion of the transaction, the president now directly owns 290,297 shares in the company, valued at $4,020,613.45. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, President Sarah Luna sold 14,400 shares of the business’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $13.85, for a total transaction of $199,440.00. Following the completion of the transaction, the president now directly owns 290,297 shares in the company, valued at $4,020,613.45. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Andrew Hagopian sold 26,740 shares of the business’s stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of $12.18, for a total value of $325,693.20. Following the transaction, the insider now owns 255,764 shares of the company’s stock, valued at approximately $3,115,205.52. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 47.83% of the stock is owned by company insiders.

Hedge Funds Weigh In On Xponential Fitness

A number of hedge funds and other institutional investors have recently modified their holdings of XPOF. nVerses Capital LLC purchased a new position in shares of Xponential Fitness in the 2nd quarter worth about $34,000. Quarry LP lifted its stake in shares of Xponential Fitness by 80.4% in the 2nd quarter. Quarry LP now owns 3,692 shares of the company’s stock valued at $58,000 after acquiring an additional 1,646 shares during the last quarter. Canada Pension Plan Investment Board bought a new position in Xponential Fitness during the 2nd quarter valued at approximately $72,000. Dnca Finance bought a new position in Xponential Fitness during the 2nd quarter valued at approximately $107,000. Finally, SG Americas Securities LLC bought a new position in Xponential Fitness during the 3rd quarter valued at approximately $107,000. 58.55% of the stock is currently owned by hedge funds and other institutional investors.

Xponential Fitness Stock Up 0.3 %

Shares of NYSE:XPOF opened at $12.09 on Friday. The stock has a market cap of $580.95 million, a price-to-earnings ratio of -21.20 and a beta of 1.18. Xponential Fitness has a 12-month low of $7.40 and a 12-month high of $18.95. The business’s 50 day moving average is $13.08 and its 200 day moving average is $13.42.

Xponential Fitness (NYSE:XPOF) last announced its earnings results on Thursday, August 1st. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.22). The company had revenue of $76.50 million for the quarter, compared to analysts’ expectations of $83.63 million. Xponential Fitness had a negative net margin of 6.51% and a negative return on equity of 9.35%. The firm’s quarterly revenue was down 1.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.07 EPS. As a group, equities research analysts expect that Xponential Fitness will post 0.79 earnings per share for the current year.

About Xponential Fitness

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.