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

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have received a consensus recommendation of “Hold” from the ten ratings firms that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, six have given a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $11.6875.

XPOF has been the subject of a number of research reports. Guggenheim cut their price objective on Xponential Fitness from $13.00 to $12.00 and set a “buy” rating for the company in a report on Monday, November 10th. UBS Group began coverage on Xponential Fitness in a research note on Friday, October 17th. They issued a “neutral” rating and a $8.00 target price for the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Xponential Fitness in a research note on Wednesday, October 8th. Stifel Nicolaus lowered their price objective on shares of Xponential Fitness from $10.00 to $8.00 and set a “hold” rating for the company in a report on Friday, November 21st. Finally, Wall Street Zen raised shares of Xponential Fitness from a “hold” rating to a “buy” rating in a report on Tuesday, November 11th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its stake in shares of Xponential Fitness by 75.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 297,838 shares of the company’s stock valued at $2,320,000 after acquiring an additional 127,631 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new position in Xponential Fitness in the 3rd quarter worth approximately $1,581,000. Voss Capital LP lifted its position in Xponential Fitness by 7.8% in the third quarter. Voss Capital LP now owns 3,232,500 shares of the company’s stock valued at $25,181,000 after purchasing an additional 232,500 shares during the last quarter. Wexford Capital LP bought a new stake in Xponential Fitness in the third quarter valued at approximately $59,000. Finally, Nomura Holdings Inc. boosted its stake in shares of Xponential Fitness by 8.8% during the third quarter. Nomura Holdings Inc. now owns 1,412,218 shares of the company’s stock valued at $11,001,000 after purchasing an additional 114,389 shares during the period. 58.55% of the stock is owned by institutional investors.

Xponential Fitness Price Performance

Shares of Xponential Fitness stock opened at $8.22 on Wednesday. Xponential Fitness has a 1 year low of $5.38 and a 1 year high of $18.87. The firm has a market cap of $402.09 million, a PE ratio of -4.98 and a beta of 1.41. The company has a 50 day simple moving average of $7.11 and a two-hundred day simple moving average of $8.10.

Xponential Fitness (NYSE:XPOF) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.20. Xponential Fitness had a negative net margin of 15.30% and a negative return on equity of 6.85%. The firm had revenue of $78.82 million for the quarter, compared to analysts’ expectations of $75.25 million. During the same quarter last year, the company posted ($0.04) EPS. The business’s quarterly revenue was down 2.1% on a year-over-year basis. As a group, research analysts anticipate that Xponential Fitness will post 0.61 earnings per share for the current year.

Xponential Fitness Company Profile

Xponential Fitness is a leading franchisor and operator of boutique fitness studios headquartered in Irvine, California. The company specializes in developing, marketing, and supporting a portfolio of fitness brands that deliver low-impact cardio, strength training, and mindful movement workouts. Through its asset-light franchise model, Xponential provides entrepreneurs with proprietary studio designs, branded equipment, digital support, and comprehensive training programs to ensure consistent member experiences.

Its portfolio comprises core brands such as Club Pilates, Pure Barre, CycleBar, StretchLab, YogaSix, Row House, Rumble, AKT, and STRIDE.