Brokerages Set Xponential Fitness, Inc. (NYSE:XPOF) PT at $17.44

Xponential Fitness, Inc. (NYSE:XPOF) has earned a consensus recommendation of “Moderate Buy” from the eleven brokerages that are presently covering the firm, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $15.28.

XPOF has been the topic of a number of research reports. B. Riley cut their price objective on Xponential Fitness from $12.00 to $9.00 and set a “neutral” rating on the stock in a report on Friday, March 14th. Piper Sandler reduced their price target on shares of Xponential Fitness from $16.00 to $9.00 and set a “neutral” rating on the stock in a research report on Friday, March 14th. Stifel Nicolaus downgraded shares of Xponential Fitness from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $20.00 to $12.00 in a research note on Friday, March 14th. Lake Street Capital cut their price objective on Xponential Fitness from $20.00 to $16.00 and set a “buy” rating on the stock in a research report on Friday, March 14th. Finally, Northland Capmk upgraded Xponential Fitness to a “hold” rating in a report on Thursday, January 23rd.

Xponential Fitness Stock Performance

Xponential Fitness stock opened at $8.57 on Thursday. Xponential Fitness has a 1 year low of $7.22 and a 1 year high of $18.95. The firm has a 50 day moving average price of $14.89 and a 200 day moving average price of $14.07. The company has a market cap of $413.91 million, a price-to-earnings ratio of -7.39 and a beta of 1.38.

Xponential Fitness (NYSE:XPOF) last announced its quarterly earnings data on Thursday, March 13th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.63). The company had revenue of $83.22 million for the quarter, compared to analysts’ expectations of $81.12 million. Xponential Fitness had a negative net margin of 9.15% and a negative return on equity of 4.37%. The firm’s quarterly revenue was down 6.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.08 earnings per share. Sell-side analysts predict that Xponential Fitness will post 0.61 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in XPOF. Rockefeller Capital Management L.P. acquired a new position in shares of Xponential Fitness during the third quarter valued at $3,171,000. Skylands Capital LLC boosted its stake in Xponential Fitness by 80.1% during the 4th quarter. Skylands Capital LLC now owns 95,458 shares of the company’s stock valued at $1,284,000 after purchasing an additional 42,458 shares during the period. Mutual of America Capital Management LLC acquired a new position in Xponential Fitness during the 3rd quarter valued at about $1,015,000. Wasatch Advisors LP grew its position in Xponential Fitness by 96.2% in 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 during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Xponential Fitness by 1.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 195,380 shares of the company’s stock valued at $2,423,000 after purchasing an additional 2,670 shares during the period. 58.55% of the stock is currently owned by institutional investors.

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.