Xponential Fitness (NYSE:XPOF) PT Raised to $26.00 at Guggenheim

Xponential Fitness (NYSE:XPOFGet Rating) had its target price lifted by stock analysts at Guggenheim to $26.00 in a research note issued to investors on Wednesday, Stock Target Advisor reports. Guggenheim’s price objective would indicate a potential upside of 17.33% from the company’s previous close.

Several other research firms have also weighed in on XPOF. Raymond James upped their price objective on shares of Xponential Fitness from $29.00 to $30.00 and gave the company a “strong-buy” rating in a research note on Friday, November 11th. Morgan Stanley increased their price target on shares of Xponential Fitness from $25.00 to $26.00 and gave the stock an “overweight” rating in a research note on Friday, November 11th. B. Riley increased their price target on shares of Xponential Fitness from $29.00 to $30.00 and gave the stock a “buy” rating in a research note on Friday, November 11th. Finally, Piper Sandler increased their price target on shares of Xponential Fitness from $34.00 to $36.00 and gave the stock an “overweight” rating in a research note on Friday, November 11th. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Xponential Fitness currently has an average rating of “Buy” and an average target price of $30.00.

Xponential Fitness Stock Performance

Xponential Fitness stock opened at $22.16 on Wednesday. The firm has a market cap of $1.08 billion, a PE ratio of -4.30, a P/E/G ratio of 9.24 and a beta of 1.36. The firm’s 50 day moving average price is $19.24 and its two-hundred day moving average price is $17.11. Xponential Fitness has a twelve month low of $11.20 and a twelve month high of $26.90.

Insider Activity at Xponential Fitness

In related news, EVP Megan Moen sold 6,015 shares of the firm’s stock in a transaction on Monday, November 14th. The shares were sold at an average price of $21.75, for a total value of $130,826.25. Following the transaction, the executive vice president now directly owns 47,859 shares in the company, valued at approximately $1,040,933.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last three months, insiders have sold 21,300 shares of company stock worth $444,244. 69.33% of the stock is owned by insiders.

Institutional Trading of Xponential Fitness

A number of hedge funds have recently bought and sold shares of the stock. Verus Capital Partners LLC boosted its holdings in Xponential Fitness by 236.9% in the 3rd quarter. Verus Capital Partners LLC now owns 96,925 shares of the company’s stock valued at $1,770,000 after purchasing an additional 68,154 shares during the period. BNP Paribas Arbitrage SNC bought a new stake in Xponential Fitness in the 3rd quarter valued at $133,000. State Street Corp boosted its holdings in Xponential Fitness by 18.0% in the 3rd quarter. State Street Corp now owns 292,684 shares of the company’s stock valued at $5,344,000 after purchasing an additional 44,574 shares during the period. Public Employees Retirement System of Ohio bought a new position in shares of Xponential Fitness during the 3rd quarter worth about $179,000. Finally, Jacobs Levy Equity Management Inc. bought a new position in shares of Xponential Fitness during the 3rd quarter worth about $1,119,000. 66.57% of the stock is owned by institutional investors.

Xponential Fitness Company Profile

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Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in the United States and internationally. The company offers fitness and wellness services, including pilates, barre, cycling, stretching, rowing, yoga, boxing, dancing, running, and functional training under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands.

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