Xponential Fitness (NYSE:XPOF) Price Target Cut to $25.00

Xponential Fitness (NYSE:XPOF) had its price objective dropped by Guggenheim from $30.00 to $25.00 in a report released on Wednesday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Guggenheim’s target price points to a potential upside of 84.98% from the company’s previous close.

Other research analysts have also recently issued research reports about the company. Raymond James cut their target price on Xponential Fitness from $40.00 to $31.00 and set a “strong-buy” rating on the stock in a research report on Wednesday, November 8th. Stifel Nicolaus assumed coverage on shares of Xponential Fitness in a report on Friday, October 13th. They issued a “hold” rating and a $18.00 target price for the company. Citigroup cut their price target on shares of Xponential Fitness from $39.00 to $30.00 in a report on Friday, August 4th. Piper Sandler decreased their price objective on shares of Xponential Fitness from $26.00 to $20.00 in a research note on Thursday, October 12th. Finally, Bank of America lowered Xponential Fitness from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $35.00 to $16.00 in a report on Wednesday, November 1st. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $27.40.

Xponential Fitness Stock Performance

XPOF stock opened at $13.52 on Wednesday. Xponential Fitness has a 52-week low of $11.31 and a 52-week high of $33.58. The company has a market capitalization of $675.29 million, a P/E ratio of -5.41, a PEG ratio of 1.19 and a beta of 1.27. The company has a fifty day moving average price of $15.27 and a 200-day moving average price of $20.61.

Xponential Fitness (NYSE:XPOF) last released its quarterly earnings data on Tuesday, November 7th. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.03). Xponential Fitness had a net margin of 1.59% and a negative return on equity of 17.66%. The company had revenue of $80.44 million during the quarter, compared to the consensus estimate of $74.17 million. During the same quarter in the prior year, the firm earned $0.10 EPS. The business’s revenue was up 26.1% compared to the same quarter last year. As a group, sell-side analysts forecast that Xponential Fitness will post 0.24 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Xponential Fitness

Several large investors have recently added to or reduced their stakes in XPOF. Axiom Investors LLC DE bought a new position in shares of Xponential Fitness in the first quarter worth $4,084,000. Truist Financial Corp purchased a new position in Xponential Fitness during the 2nd quarter valued at about $194,000. Wasatch Advisors LP increased its position in shares of Xponential Fitness by 65.8% during the second quarter. Wasatch Advisors LP now owns 507,936 shares of the company’s stock valued at $8,762,000 after buying an additional 201,641 shares during the period. Granite Investment Partners LLC purchased a new stake in shares of Xponential Fitness in the second quarter worth $7,678,000. Finally, California State Teachers Retirement System raised its stake in Xponential Fitness by 27.8% in the first quarter. California State Teachers Retirement System now owns 27,147 shares of the company’s stock valued at $825,000 after purchasing an additional 5,908 shares in the last quarter. Hedge funds and other institutional investors own 52.97% of the company’s stock.

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.