Xponential Fitness (XPOF) Scheduled to Post Earnings on Thursday

Xponential Fitness (NYSE:XPOF) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, May 2nd. Analysts expect Xponential Fitness to post earnings of $0.18 per share for the quarter. Xponential Fitness has set its FY 2024 guidance at EPS.Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Xponential Fitness (NYSE:XPOF) last announced its earnings results on Thursday, February 29th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.03). The firm had revenue of $90.20 million during the quarter, compared to the consensus estimate of $81.71 million. Xponential Fitness had a negative return on equity of 16.60% and a negative net margin of 0.28%. The business’s revenue was up 26.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.11 EPS. On average, analysts expect Xponential Fitness to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Xponential Fitness Price Performance

Shares of XPOF opened at $12.55 on Thursday. The company has a market capitalization of $596.00 million, a PE ratio of -7.61 and a beta of 1.09. Xponential Fitness has a one year low of $8.30 and a one year high of $33.58. The company’s fifty day moving average price is $13.55 and its 200 day moving average price is $13.00.

Insider Activity

In related news, CFO John P. Meloun sold 6,160 shares of Xponential Fitness stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $10.09, for a total transaction of $62,154.40. Following the completion of the transaction, the chief financial officer now directly owns 245,003 shares of the company’s stock, valued at approximately $2,472,080.27. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CFO John P. Meloun sold 6,160 shares of Xponential Fitness stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $10.09, for a total transaction of $62,154.40. Following the completion of the transaction, the chief financial officer now directly owns 245,003 shares of the company’s stock, valued at approximately $2,472,080.27. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Andrew Hagopian sold 5,260 shares of Xponential Fitness stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $10.06, for a total transaction of $52,915.60. Following the transaction, the insider now directly owns 228,390 shares of the company’s stock, valued at $2,297,603.40. The disclosure for this sale can be found here. In the last three months, insiders have sold 35,632 shares of company stock worth $356,848. Corporate insiders own 47.86% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Citigroup dropped their target price on shares of Xponential Fitness from $23.00 to $21.00 and set a “buy” rating on the stock in a report on Monday, March 4th. Stifel Nicolaus reiterated a “buy” rating and issued a $20.00 target price on shares of Xponential Fitness in a report on Friday, April 12th. Bank of America raised their price target on shares of Xponential Fitness from $13.00 to $15.50 and gave the stock a “neutral” rating in a research report on Wednesday, March 13th. Piper Sandler restated a “neutral” rating and issued a $13.00 price target (down from $21.00) on shares of Xponential Fitness in a research report on Wednesday, January 3rd. Finally, Robert W. Baird decreased their price target on shares of Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating on the stock in a research report on Friday, March 1st. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $23.06.

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.