Xponential Fitness (XPOF) Scheduled to Post Quarterly Earnings on Tuesday

Xponential Fitness (NYSE:XPOF) is scheduled to announce its earnings results after the market closes on Tuesday, November 7th. Analysts expect the company to announce earnings of $0.15 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Xponential Fitness (NYSE:XPOF) last issued its quarterly earnings data on Thursday, August 3rd. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.04). The company had revenue of $77.34 million during the quarter, compared to analysts’ expectations of $71.93 million. Xponential Fitness had a net margin of 0.36% and a negative return on equity of 19.10%. On average, analysts expect Xponential Fitness to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Xponential Fitness Trading Down 0.8 %

Xponential Fitness stock opened at $14.22 on Friday. The stock has a 50-day moving average price of $16.57 and a 200 day moving average price of $21.71. Xponential Fitness has a 52 week low of $11.31 and a 52 week high of $33.58. The stock has a market cap of $710.52 million, a PE ratio of -3.60, a P/E/G ratio of 0.60 and a beta of 1.27.

Insider Activity at Xponential Fitness

In other Xponential Fitness news, insider Andrew Hagopian acquired 4,200 shares of the firm’s stock in a transaction on Wednesday, August 16th. The stock was bought at an average cost of $23.15 per share, for a total transaction of $97,230.00. Following the completion of the purchase, the insider now directly owns 8,800 shares in the company, valued at $203,720. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Mark Grabowski bought 4,640 shares of the stock in a transaction dated Friday, August 11th. The stock was acquired at an average price of $21.39 per share, for a total transaction of $99,249.60. Following the completion of the purchase, the director now owns 15,112 shares in the company, valued at $323,245.68. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Andrew Hagopian purchased 4,200 shares of Xponential Fitness stock in a transaction that occurred on Wednesday, August 16th. The shares were bought at an average cost of $23.15 per share, for a total transaction of $97,230.00. Following the completion of the transaction, the insider now directly owns 8,800 shares in the company, valued at approximately $203,720. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 60,340 shares of company stock worth $1,332,722. Company insiders own 47.86% of the company’s stock.

Institutional Trading of Xponential Fitness

Several large investors have recently bought and sold shares of the company. California State Teachers Retirement System lifted its position in shares of Xponential Fitness by 8.6% during the second quarter. California State Teachers Retirement System now owns 29,474 shares of the company’s stock worth $508,000 after purchasing an additional 2,327 shares in the last quarter. Legato Capital Management LLC purchased a new stake in Xponential Fitness during the 2nd quarter worth $173,000. Alliancebernstein L.P. acquired a new position in Xponential Fitness in the 2nd quarter worth $315,000. Clearline Capital LP purchased a new position in Xponential Fitness in the 2nd quarter valued at about $2,698,000. Finally, Goldman Sachs Group Inc. grew its stake in shares of Xponential Fitness by 499.1% during the second quarter. Goldman Sachs Group Inc. now owns 275,609 shares of the company’s stock valued at $4,754,000 after acquiring an additional 229,605 shares in the last quarter. Institutional investors and hedge funds own 52.97% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on XPOF. Stifel Nicolaus initiated coverage on shares of Xponential Fitness in a report on Friday, October 13th. They set a “hold” rating and a $18.00 price target for the company. Citigroup cut their price target on Xponential Fitness from $39.00 to $30.00 in a report on Friday, August 4th. Morgan Stanley restated an “overweight” rating and set a $27.00 price objective on shares of Xponential Fitness in a report on Wednesday, September 27th. Bank of America lowered Xponential Fitness from a “buy” rating to a “neutral” rating and dropped their target price for the company from $35.00 to $16.00 in a research note on Wednesday. Finally, Guggenheim lowered their price target on Xponential Fitness from $32.00 to $30.00 and set a “buy” rating for the company in a report on Friday, September 15th. Three research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $28.00.

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.