Xponential Fitness, Inc. (NYSE:XPOF) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have earned an average recommendation of “Moderate Buy” from the eleven analysts that are presently covering the firm, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $15.28.

A number of research firms recently weighed in on XPOF. Northland Securities initiated coverage on shares of Xponential Fitness in a report on Thursday, January 23rd. They set a “market perform” rating and a $17.50 price target for the company. B. Riley reduced their price target on shares of Xponential Fitness from $12.00 to $9.00 and set a “neutral” rating on the stock in a research report on Friday, March 14th. Piper Sandler reduced their price objective on Xponential Fitness from $16.00 to $9.00 and set a “neutral” rating for the company in a research report on Friday, March 14th. Lake Street Capital dropped their price target on shares of Xponential Fitness from $20.00 to $16.00 and set a “buy” rating on the stock in a research note on Friday, March 14th. Finally, Stifel Nicolaus lowered Xponential Fitness from a “buy” rating to a “hold” rating and lowered their price target for the company from $20.00 to $12.00 in a report on Friday, March 14th.

Xponential Fitness Stock Down 1.0 %

NYSE:XPOF opened at $8.29 on Friday. Xponential Fitness has a fifty-two week low of $6.64 and a fifty-two week high of $18.95. The company has a market cap of $401.69 million, a P/E ratio of -7.14 and a beta of 1.57. The firm’s 50 day moving average is $9.17 and its two-hundred day moving average is $12.93.

Xponential Fitness (NYSE:XPOF) last released its quarterly earnings data on Thursday, March 13th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.63). Xponential Fitness had a negative return on equity of 4.37% and a negative net margin of 9.15%. The business had revenue of $83.22 million for the quarter, compared to analysts’ expectations of $81.12 million. During the same quarter in the prior year, the firm earned $0.08 earnings per share. Xponential Fitness’s quarterly revenue was down 6.8% compared to the same quarter last year. Research analysts forecast that Xponential Fitness will post 0.61 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Skylands Capital LLC lifted its position in shares of Xponential Fitness by 80.1% in the 4th quarter. Skylands Capital LLC now owns 95,458 shares of the company’s stock valued at $1,284,000 after acquiring an additional 42,458 shares in the last quarter. Mutual of America Capital Management LLC raised its stake in Xponential Fitness by 67.0% during the 4th quarter. Mutual of America Capital Management LLC now owns 136,633 shares of the company’s stock valued at $1,838,000 after purchasing an additional 54,817 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Xponential Fitness by 380.9% in the fourth quarter. JPMorgan Chase & Co. now owns 57,034 shares of the company’s stock valued at $767,000 after purchasing an additional 45,173 shares in the last quarter. Corient Private Wealth LLC boosted its position in shares of Xponential Fitness by 94.6% in the fourth quarter. Corient Private Wealth LLC now owns 124,254 shares of the company’s stock worth $1,671,000 after buying an additional 60,407 shares during the period. Finally, Clark Estates Inc. NY purchased a new position in shares of Xponential Fitness during the fourth quarter valued at $2,690,000. 58.55% of the stock is currently owned by institutional investors and hedge funds.

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.