Xponential Fitness (NYSE:XPOF) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Xponential Fitness (NYSE:XPOF) had its price target raised by Stifel Nicolaus from $18.00 to $20.00 in a research note released on Monday morning,Benzinga reports. They currently have a buy rating on the stock.

Several other equities analysts also recently issued reports on the company. Roth Mkm reduced their price objective on Xponential Fitness from $22.00 to $19.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Raymond James decreased their price target on Xponential Fitness from $30.00 to $20.00 and set a “strong-buy” rating for the company in a research note on Friday, August 2nd. Piper Sandler cut their price objective on shares of Xponential Fitness from $13.00 to $12.00 and set a “neutral” rating on the stock in a research note on Friday, November 8th. Robert W. Baird decreased their target price on shares of Xponential Fitness from $16.00 to $15.00 and set a “neutral” rating for the company in a research report on Friday, August 2nd. Finally, B. Riley raised their target price on shares of Xponential Fitness from $9.00 to $12.00 and gave the company a “neutral” rating in a research note on Monday, August 5th. Four equities research analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $17.17.

Xponential Fitness Stock Down 2.9 %

Shares of NYSE:XPOF opened at $15.05 on Monday. The company’s 50-day moving average price is $12.90 and its 200 day moving average price is $13.29. The company has a market cap of $724.96 million, a PE ratio of -12.97 and a beta of 1.18. Xponential Fitness has a fifty-two week low of $7.40 and a fifty-two week high of $18.95.

Insider Transactions at Xponential Fitness

In other news, insider Andrew Hagopian sold 26,740 shares of the business’s stock in a transaction on Thursday, October 10th. The stock was sold at an average price of $12.18, for a total transaction of $325,693.20. Following the sale, the insider now directly owns 255,764 shares of the company’s stock, valued at $3,115,205.52. The trade was a 9.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, President Sarah Luna sold 14,400 shares of the stock in a transaction on Friday, September 13th. The shares were sold at an average price of $13.85, for a total value of $199,440.00. Following the completion of the transaction, the president now owns 290,297 shares of the company’s stock, valued at $4,020,613.45. This trade represents a 4.73 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 47.83% of the company’s stock.

Institutional Investors Weigh In On Xponential Fitness

A number of large investors have recently made changes to their positions in XPOF. Wasatch Advisors LP grew its position in Xponential Fitness by 96.2% during the 3rd quarter. Wasatch Advisors LP now owns 1,152,972 shares of the company’s stock worth $14,297,000 after purchasing an additional 565,451 shares in the last quarter. Kent Lake Capital LLC grew its holdings in shares of Xponential Fitness by 276.0% during the first quarter. Kent Lake Capital LLC now owns 882,443 shares of the company’s stock valued at $14,596,000 after buying an additional 647,743 shares in the last quarter. Verition Fund Management LLC raised its position in Xponential Fitness by 276.5% during the third quarter. Verition Fund Management LLC now owns 692,729 shares of the company’s stock valued at $8,590,000 after buying an additional 508,715 shares during the period. Rockefeller Capital Management L.P. purchased a new stake in Xponential Fitness in the 3rd quarter worth about $3,171,000. Finally, JCP Investment Management LLC acquired a new stake in Xponential Fitness during the 2nd quarter worth about $3,915,000. Institutional investors and hedge funds own 58.55% of the company’s stock.

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.