Stifel Nicolaus Raises Xponential Fitness (NYSE:XPOF) Price Target to $20.00

Xponential Fitness (NYSE:XPOF) had its target price hoisted by analysts at Stifel Nicolaus from $18.00 to $20.00 in a report issued on Monday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ price target would suggest a potential upside of 27.39% from the company’s current price.

Other equities analysts have also issued research reports about the company. Raymond James lowered their target price on shares of Xponential Fitness from $30.00 to $20.00 and set a “strong-buy” rating on the stock in a research note on Friday, August 2nd. B. Riley increased their price objective on shares of 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 cut 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. Piper Sandler lowered their price target on Xponential Fitness from $13.00 to $12.00 and set a “neutral” rating on the stock in a report on Friday, November 8th. Finally, 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. Four investment analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $17.17.

Xponential Fitness Price Performance

XPOF stock opened at $15.70 on Monday. The stock has a market capitalization of $756.35 million, a P/E ratio of -13.53 and a beta of 1.18. Xponential Fitness has a 1-year low of $7.40 and a 1-year high of $18.95. The business has a fifty day moving average price of $12.78 and a 200-day moving average price of $13.25.

Insider Transactions at Xponential Fitness

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

Hedge Funds Weigh In On Xponential Fitness

Institutional investors have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its position in shares of Xponential Fitness by 1.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 195,380 shares of the company’s stock valued at $2,423,000 after acquiring an additional 2,670 shares during the last quarter. Landscape Capital Management L.L.C. bought a new position in Xponential Fitness during the third quarter valued at $185,000. Mutual of America Capital Management LLC purchased a new position in shares of Xponential Fitness in the 3rd quarter worth $1,015,000. Olympiad Research LP bought a new stake in shares of Xponential Fitness in the 3rd quarter worth about $246,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Xponential Fitness during the 3rd quarter valued at about $107,000. Hedge funds and other institutional investors 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.