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

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have been assigned an average recommendation of “Moderate Buy” from the eight analysts that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $23.06.

Several research firms have recently commented on XPOF. Bank of America upped their price objective on shares of Xponential Fitness from $13.00 to $15.50 and gave the company a “neutral” rating in a report on Wednesday, March 13th. Piper Sandler reaffirmed a “neutral” rating and issued a $13.00 price objective (down from $21.00) on shares of Xponential Fitness in a report on Wednesday, January 3rd. Stifel Nicolaus reiterated a “buy” rating and issued a $20.00 target price on shares of Xponential Fitness in a research note on Friday, April 12th. Citigroup decreased their target price on shares of Xponential Fitness from $23.00 to $21.00 and set a “buy” rating for the company in a research note on Monday, March 4th. Finally, Robert W. Baird decreased their target price on shares of Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating for the company in a research note on Friday, March 1st.

Insiders Place Their Bets

In other Xponential Fitness news, President Sarah Luna sold 5,399 shares of the company’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $10.01, for a total transaction of $54,043.99. Following the completion of the transaction, the president now directly owns 265,247 shares in the company, valued at $2,655,122.47. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Xponential Fitness news, insider Andrew Hagopian sold 5,260 shares of the company’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $10.06, for a total transaction of $52,915.60. Following the completion of the transaction, the insider now directly owns 228,390 shares in the company, valued at $2,297,603.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Sarah Luna sold 5,399 shares of the company’s stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $10.01, for a total transaction of $54,043.99. Following the sale, the president now directly owns 265,247 shares of the company’s stock, valued at approximately $2,655,122.47. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 35,632 shares of company stock worth $356,848. Company insiders own 47.86% of the company’s stock.

Institutional Investors Weigh In On Xponential Fitness

A number of large investors have recently modified their holdings of XPOF. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Xponential Fitness by 39.5% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,645 shares of the company’s stock worth $87,000 after buying an additional 1,598 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Xponential Fitness during the fourth quarter worth $143,000. Quest Partners LLC purchased a new stake in shares of Xponential Fitness during the fourth quarter worth $174,000. Harbor Capital Advisors Inc. grew its holdings in shares of Xponential Fitness by 15.5% during the third quarter. Harbor Capital Advisors Inc. now owns 11,916 shares of the company’s stock worth $185,000 after buying an additional 1,602 shares in the last quarter. Finally, Versor Investments LP purchased a new stake in shares of Xponential Fitness during the fourth quarter worth $240,000. Hedge funds and other institutional investors own 58.55% of the company’s stock.

Xponential Fitness Stock Down 0.6 %

XPOF stock opened at $12.47 on Friday. The firm’s fifty day simple moving average is $13.58 and its 200-day simple moving average is $13.00. Xponential Fitness has a 12 month low of $8.30 and a 12 month high of $33.58.

Xponential Fitness (NYSE:XPOF) last released its quarterly earnings data on Thursday, February 29th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.03). The business had revenue of $90.20 million during the quarter, compared to analysts’ expectations of $81.71 million. Xponential Fitness had a negative net margin of 0.28% and a negative return on equity of 16.60%. The firm’s revenue was up 26.6% on a year-over-year basis. During the same period last year, the company earned $0.11 earnings per share. On average, equities analysts anticipate that Xponential Fitness will post 1.11 EPS for the current fiscal year.

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.