Q1 2023 Earnings Estimate for Xponential Fitness, Inc. Issued By Jefferies Financial Group (NYSE:XPOF)

Xponential Fitness, Inc. (NYSE:XPOFGet Rating) – Equities research analysts at Jefferies Financial Group reduced their Q1 2023 earnings per share (EPS) estimates for Xponential Fitness in a research note issued to investors on Monday, January 9th. Jefferies Financial Group analyst R. Konik now anticipates that the company will earn $0.34 per share for the quarter, down from their previous forecast of $0.40. The consensus estimate for Xponential Fitness’ current full-year earnings is $0.06 per share. Jefferies Financial Group also issued estimates for Xponential Fitness’ Q2 2023 earnings at $0.42 EPS and FY2023 earnings at $1.93 EPS.

Xponential Fitness (NYSE:XPOFGet Rating) last released its quarterly earnings data on Thursday, November 10th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.02). The firm had revenue of $63.76 million during the quarter, compared to analyst estimates of $55.15 million. Xponential Fitness had a negative net margin of 5.65% and a negative return on equity of 28.11%.

Other analysts also recently issued research reports about the stock. Piper Sandler increased their target price on shares of Xponential Fitness from $34.00 to $36.00 and gave the company an “overweight” rating in a research report on Friday, November 11th. Raymond James increased their target price on shares of Xponential Fitness from $29.00 to $30.00 and gave the company a “strong-buy” rating in a research report on Friday, November 11th. B. Riley increased their target price on shares of Xponential Fitness from $29.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, November 11th. Robert W. Baird increased their target price on shares of Xponential Fitness from $30.00 to $32.00 and gave the company an “outperform” rating in a research report on Tuesday. Finally, Morgan Stanley increased their price target on Xponential Fitness from $25.00 to $26.00 and gave the stock an “overweight” rating in a report on Friday, November 11th. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Xponential Fitness presently has a consensus rating of “Buy” and a consensus price target of $30.38.

Xponential Fitness Stock Performance

NYSE:XPOF opened at $26.24 on Wednesday. The company has a market capitalization of $1.29 billion, a PE ratio of -5.26, a P/E/G ratio of 1.12 and a beta of 1.32. The company has a 50 day simple moving average of $21.87 and a two-hundred day simple moving average of $18.87. Xponential Fitness has a fifty-two week low of $11.20 and a fifty-two week high of $26.90.

Hedge Funds Weigh In On Xponential Fitness

A number of large investors have recently modified their holdings of XPOF. Eagle Asset Management Inc. bought a new position in shares of Xponential Fitness in the 2nd quarter worth $14,005,000. Driehaus Capital Management LLC raised its position in Xponential Fitness by 104.3% in the 2nd quarter. Driehaus Capital Management LLC now owns 2,099,650 shares of the company’s stock valued at $26,372,000 after buying an additional 1,072,035 shares during the last quarter. Alta Fox Capital Management LLC purchased a new stake in Xponential Fitness in the 2nd quarter valued at $8,522,000. Woodline Partners LP purchased a new stake in Xponential Fitness in the 2nd quarter valued at $5,469,000. Finally, Federated Hermes Inc. raised its position in Xponential Fitness by 29.2% in the 2nd quarter. Federated Hermes Inc. now owns 1,745,000 shares of the company’s stock valued at $21,917,000 after buying an additional 394,758 shares during the last quarter. 28.77% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Megan Moen sold 4,633 shares of the stock in a transaction on Thursday, November 17th. The stock was sold at an average price of $22.17, for a total value of $102,713.61. Following the transaction, the executive vice president now directly owns 36,659 shares in the company, valued at approximately $812,730.03. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In the last three months, insiders have sold 15,933 shares of company stock worth $346,058. Corporate insiders own 69.33% of the company’s stock.

About Xponential Fitness

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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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