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

Xponential Fitness, Inc. (NYSE:XPOF) has been assigned a consensus rating of “Moderate Buy” from the eleven brokerages that are presently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $13.94.

A number of equities analysts have commented on XPOF shares. Raymond James dropped their target price on shares of Xponential Fitness from $16.00 to $15.00 and set a “strong-buy” rating on the stock in a research note on Friday, May 9th. Piper Sandler lowered their price objective on shares of Xponential Fitness from $16.00 to $9.00 and set a “neutral” rating for the company in a research note on Friday, March 14th. Lake Street Capital dropped their target price on shares of Xponential Fitness from $20.00 to $16.00 and set a “buy” rating on the stock in a report on Friday, March 14th. B. Riley lowered their price target on shares of Xponential Fitness from $12.00 to $9.00 and set a “neutral” rating for the company in a research report on Friday, March 14th. Finally, Wall Street Zen upgraded shares of Xponential Fitness from a “hold” rating to a “buy” rating in a research note on Thursday, May 22nd.

Hedge Funds Weigh In On Xponential Fitness

A number of large investors have recently bought and sold shares of the business. Marshall Wace LLP raised its holdings in shares of Xponential Fitness by 564.8% during the fourth quarter. Marshall Wace LLP now owns 640,769 shares of the company’s stock valued at $8,618,000 after acquiring an additional 544,382 shares during the last quarter. MSD Partners L.P. increased its holdings in shares of Xponential Fitness by 18.1% in the first quarter. MSD Partners L.P. now owns 1,655,090 shares of the company’s stock valued at $13,787,000 after purchasing an additional 253,631 shares during the last quarter. Clark Estates Inc. NY acquired a new stake in shares of Xponential Fitness in the fourth quarter valued at approximately $2,690,000. Prospect Capital Advisors LLC acquired a new stake in shares of Xponential Fitness in the fourth quarter valued at approximately $2,590,000. Finally, Formula Growth Ltd. increased its holdings in shares of Xponential Fitness by 119.4% in the fourth quarter. Formula Growth Ltd. now owns 306,119 shares of the company’s stock valued at $4,117,000 after purchasing an additional 166,600 shares during the last quarter. Institutional investors and hedge funds own 58.55% of the company’s stock.

Xponential Fitness Stock Performance

NYSE:XPOF opened at $8.40 on Tuesday. The firm has a market capitalization of $408.79 million, a PE ratio of -7.24 and a beta of 1.57. The stock has a 50-day simple moving average of $8.11 and a two-hundred day simple moving average of $12.46. Xponential Fitness has a 52-week low of $6.64 and a 52-week high of $18.95.

Xponential Fitness (NYSE:XPOF) last released its quarterly earnings data on Thursday, May 8th. The company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.35). The business had revenue of $76.88 million during the quarter, compared to the consensus estimate of $75.37 million. Xponential Fitness had a negative return on equity of 4.37% and a negative net margin of 9.15%. The business’s revenue was down 3.4% on a year-over-year basis. During the same period last year, the company earned $0.16 EPS. Equities analysts forecast that Xponential Fitness will post 0.61 earnings per share for the current fiscal year.

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.