Xponential Fitness, Inc. (NYSE:XPOF) Receives Average Rating of “Moderate Buy” from Brokerages

Xponential Fitness, Inc. (NYSE:XPOF) has received a consensus recommendation of “Moderate Buy” from the eight brokerages that are currently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $23.06.

XPOF has been the subject of a number of recent research reports. Stifel Nicolaus reissued a “buy” rating and set a $20.00 price objective on shares of Xponential Fitness in a research note on Friday, April 12th. Bank of America increased their price objective on shares of Xponential Fitness from $13.00 to $15.50 and gave the stock a “neutral” rating in a report on Wednesday, March 13th. Piper Sandler reaffirmed a “neutral” rating and set a $13.00 price target (down from $21.00) on shares of Xponential Fitness in a research report on Wednesday, January 3rd. Robert W. Baird reduced their target price on Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating for the company in a research note on Friday, March 1st. Finally, Citigroup decreased their price target on shares of Xponential Fitness from $23.00 to $21.00 and set a “buy” rating for the company in a report on Monday, March 4th.

Xponential Fitness Price Performance

Shares of NYSE:XPOF opened at $13.11 on Friday. The stock has a market cap of $622.59 million, a P/E ratio of -7.95 and a beta of 1.09. Xponential Fitness has a 1-year low of $8.30 and a 1-year high of $33.58. The firm has a fifty day moving average price of $13.40 and a 200 day moving average price of $13.10.

Xponential Fitness (NYSE:XPOF) last announced its quarterly earnings data on Thursday, February 29th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03). Xponential Fitness had a negative return on equity of 16.60% and a negative net margin of 0.28%. The business had revenue of $90.20 million for the quarter, compared to analyst estimates of $81.71 million. During the same period in the prior year, the company earned $0.11 EPS. The company’s revenue was up 26.6% on a year-over-year basis. Sell-side analysts expect that Xponential Fitness will post 1.11 EPS for the current fiscal year.

Insider Activity at Xponential Fitness

In related news, CEO Anthony Geisler sold 17,901 shares of the stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $9.93, for a total transaction of $177,756.93. Following the completion of the sale, the chief executive officer now directly owns 394,011 shares of the company’s stock, valued at approximately $3,912,529.23. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, CEO Anthony Geisler sold 17,901 shares of the stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $9.93, for a total transaction of $177,756.93. Following the completion of the transaction, the chief executive officer now owns 394,011 shares in the company, valued at $3,912,529.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Sarah Luna sold 5,399 shares of the business’s stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $10.01, for a total value of $54,043.99. Following the transaction, the president now directly owns 265,247 shares in the company, valued at approximately $2,655,122.47. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 35,632 shares of company stock worth $356,848. 47.86% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Xponential Fitness

A number of large investors have recently made changes to their positions in the company. Macquarie Group Ltd. increased its position in Xponential Fitness by 133.2% during the second quarter. Macquarie Group Ltd. now owns 2,696 shares of the company’s stock worth $34,000 after acquiring an additional 1,540 shares during the period. Point72 Hong Kong Ltd bought a new stake in shares of Xponential Fitness in the second quarter valued at approximately $34,000. Ameritas Investment Partners Inc. increased its position in shares of Xponential Fitness by 50.1% in the second quarter. Ameritas Investment Partners Inc. now owns 2,041 shares of the company’s stock worth $35,000 after purchasing an additional 681 shares during the period. Quarry LP bought a new stake in Xponential Fitness during the second quarter worth about $38,000. Finally, Point72 Asset Management L.P. acquired a new stake in Xponential Fitness during the fourth quarter worth about $41,000. Institutional investors own 58.55% 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.