Robert W. Baird Cuts Xponential Fitness (NYSE:XPOF) Price Target to $14.00

Xponential Fitness (NYSE:XPOFFree Report) had its price target decreased by Robert W. Baird from $16.00 to $14.00 in a research note issued to investors on Friday, Benzinga reports. Robert W. Baird currently has a neutral rating on the stock.

Other equities research analysts also recently issued research reports about the company. Guggenheim cut their price target on Xponential Fitness from $30.00 to $25.00 and set a buy rating on the stock in a report on Wednesday, November 15th. Stifel Nicolaus upgraded Xponential Fitness from a hold rating to a buy rating and set a $18.00 price objective on the stock in a report on Wednesday, December 13th. Piper Sandler reiterated a neutral rating and issued a $13.00 price objective (down previously from $21.00) on shares of Xponential Fitness in a report on Wednesday, January 3rd. Finally, Raymond James dropped their price objective on Xponential Fitness from $40.00 to $31.00 and set a strong-buy rating on the stock in a report on Wednesday, November 8th. Three research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Xponential Fitness presently has an average rating of Moderate Buy and an average price target of $22.89.

Read Our Latest Research Report on Xponential Fitness

Xponential Fitness Price Performance

XPOF stock opened at $12.94 on Friday. The business has a fifty day moving average of $11.35 and a two-hundred day moving average of $14.00. Xponential Fitness has a 52-week low of $8.30 and a 52-week high of $33.58.

Xponential Fitness (NYSE:XPOFGet Free Report) last issued its quarterly earnings data on Thursday, February 29th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03). Xponential Fitness had a negative net margin of 0.28% and a negative return on equity of 16.11%. The firm had revenue of $90.20 million during the quarter, compared to analyst estimates of $81.71 million. During the same period in the previous year, the firm posted $0.11 earnings per share. The company’s quarterly revenue was up 26.6% compared to the same quarter last year. Sell-side analysts forecast that Xponential Fitness will post 1.06 EPS for the current fiscal year.

Insider Buying and Selling at Xponential Fitness

In other Xponential Fitness news, CEO Anthony Geisler sold 17,901 shares of Xponential Fitness stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $9.93, for a total value of $177,756.93. Following the completion of the transaction, the chief executive officer now directly owns 394,011 shares in the company, valued at $3,912,529.23. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Xponential Fitness news, CFO John P. Meloun sold 6,160 shares of the company’s stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $10.09, for a total value of $62,154.40. Following the completion of the sale, the chief financial officer now directly owns 245,003 shares in the company, valued at $2,472,080.27. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Anthony Geisler sold 17,901 shares of the company’s stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $9.93, for a total value of $177,756.93. Following the completion of the sale, the chief executive officer now owns 394,011 shares of the company’s stock, valued at $3,912,529.23. The disclosure for this sale can be found here. Insiders sold a total of 35,632 shares of company stock worth $356,848 over the last ninety days. Company insiders own 47.86% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of XPOF. Voss Capital LLC acquired a new stake in Xponential Fitness during the 4th quarter valued at $29,776,000. Ameriprise Financial Inc. increased its stake in shares of Xponential Fitness by 103.7% in the first quarter. Ameriprise Financial Inc. now owns 2,238,139 shares of the company’s stock worth $68,017,000 after acquiring an additional 1,139,511 shares during the last quarter. Driehaus Capital Management LLC increased its stake in shares of Xponential Fitness by 2.8% in the second quarter. Driehaus Capital Management LLC now owns 2,225,077 shares of the company’s stock worth $38,383,000 after acquiring an additional 59,600 shares during the last quarter. MSD Partners L.P. increased its stake in shares of Xponential Fitness by 116.2% in the third quarter. MSD Partners L.P. now owns 1,761,319 shares of the company’s stock worth $27,300,000 after acquiring an additional 946,757 shares during the last quarter. Finally, BlackRock Inc. increased its stake in shares of Xponential Fitness by 17.8% in the second quarter. BlackRock Inc. now owns 1,645,740 shares of the company’s stock worth $28,389,000 after acquiring an additional 248,593 shares during the last quarter. Institutional investors own 52.97% of the company’s stock.

Xponential Fitness Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for Xponential Fitness (NYSE:XPOF)

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