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

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have been assigned an average rating of “Moderate Buy” from the ten research firms that are covering the stock, MarketBeat reports. Six research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $13.94.

A number of analysts recently issued reports on the company. Guggenheim reiterated a “buy” rating and set a $13.00 price objective on shares of Xponential Fitness in a research note on Monday, May 12th. Raymond James Financial decreased their target price on 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. Finally, Wall Street Zen upgraded Xponential Fitness from a “hold” rating to a “buy” rating in a research report on Thursday, May 22nd.

Xponential Fitness Price Performance

NYSE XPOF opened at $10.14 on Wednesday. The business has a 50 day simple moving average of $8.84 and a 200 day simple moving average of $10.99. Xponential Fitness has a one year low of $6.64 and a one year high of $18.95. The stock has a market capitalization of $493.47 million, a P/E ratio of -4.97 and a beta of 1.46.

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

Institutional Trading of Xponential Fitness

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Marshall Wace LLP boosted its holdings in shares of Xponential Fitness by 564.8% in the 4th quarter. Marshall Wace LLP now owns 640,769 shares of the company’s stock worth $8,618,000 after purchasing an additional 544,382 shares during the period. MSD Partners L.P. boosted its holdings in shares of Xponential Fitness by 18.1% in the 1st quarter. MSD Partners L.P. now owns 1,655,090 shares of the company’s stock worth $13,787,000 after purchasing an additional 253,631 shares during the period. Prospect Capital Advisors LLC purchased a new position in shares of Xponential Fitness in the 4th quarter worth approximately $2,590,000. Formula Growth Ltd. boosted its holdings in shares of Xponential Fitness by 119.4% in the 4th quarter. Formula Growth Ltd. now owns 306,119 shares of the company’s stock worth $4,117,000 after purchasing an additional 166,600 shares during the period. Finally, Nut Tree Capital Management LP boosted its holdings in shares of Xponential Fitness by 5.0% in the 4th quarter. Nut Tree Capital Management LP now owns 3,151,722 shares of the company’s stock worth $42,391,000 after purchasing an additional 150,000 shares during the period. 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.