Xponential Fitness, Inc. (NYSE:XPOF) Given Average Recommendation of “Moderate Buy” by Brokerages

Xponential Fitness, Inc. (NYSE:XPOF) has been assigned an average rating of “Moderate Buy” from the twelve research firms that are covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $17.60.

A number of research analysts have recently commented on XPOF shares. Stifel Nicolaus increased their target price on shares of Xponential Fitness from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Piper Sandler raised their target price on shares of Xponential Fitness from $12.00 to $16.00 and gave the company a “neutral” rating in a research report on Monday, January 6th. Northland Securities assumed coverage on shares of Xponential Fitness in a research note on Thursday. They set a “market perform” rating and a $17.50 target price on the stock. Finally, Northland Capmk raised Xponential Fitness to a “hold” rating in a report on Thursday.

Xponential Fitness Stock Down 0.8 %

NYSE XPOF opened at $15.81 on Wednesday. The firm has a 50-day moving average price of $14.83 and a two-hundred day moving average price of $14.25. Xponential Fitness has a 12-month low of $7.40 and a 12-month high of $18.95. The company has a market capitalization of $763.72 million, a P/E ratio of -13.63 and a beta of 1.30.

Xponential Fitness (NYSE:XPOF) last issued its quarterly earnings results on Thursday, November 7th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.22). The company had revenue of $80.49 million during the quarter, compared to the consensus estimate of $76.85 million. Xponential Fitness had a negative return on equity of 4.37% and a negative net margin of 9.15%. During the same quarter in the previous year, the business posted $0.11 EPS. Equities analysts expect that Xponential Fitness will post 0.61 EPS for the current year.

Insider Activity at Xponential Fitness

In other Xponential Fitness news, Director Mark Grabowski sold 2,595,598 shares of Xponential Fitness stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $15.35, for a total transaction of $39,842,429.30. Following the completion of the sale, the director now directly owns 30,546 shares in the company, valued at $468,881.10. The trade was a 98.84 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 47.83% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Wasatch Advisors LP raised its holdings in Xponential Fitness by 96.2% during the 3rd quarter. Wasatch Advisors LP now owns 1,152,972 shares of the company’s stock valued at $14,297,000 after buying an additional 565,451 shares during the last quarter. Verition Fund Management LLC raised its stake in shares of 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 acquiring an additional 508,715 shares during the last quarter. State Street Corp grew its stake in shares of Xponential Fitness by 0.4% in the third quarter. State Street Corp now owns 541,092 shares of the company’s stock worth $6,710,000 after purchasing an additional 1,977 shares during the last quarter. Geode Capital Management LLC increased its holdings in Xponential Fitness by 0.7% during the 3rd quarter. Geode Capital Management LLC now owns 538,436 shares of the company’s stock valued at $6,678,000 after purchasing an additional 3,658 shares during the period. Finally, Rockefeller Capital Management L.P. purchased a new stake in Xponential Fitness in the 3rd quarter worth approximately $3,171,000. 58.55% of the stock is currently owned by institutional investors.

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.