Brokerages Set Xponential Fitness, Inc. (NYSE:XPOF) Price Target at $17.28

Xponential Fitness, Inc. (NYSE:XPOF) has been assigned an average rating of “Moderate Buy” from the ten ratings firms that are presently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $17.28.

A number of research analysts have weighed in on the stock. Piper Sandler reissued a “neutral” rating and issued a $13.00 target price (down from $14.00) on shares of Xponential Fitness in a research note on Friday, August 2nd. Robert W. Baird lowered their price objective on Xponential Fitness from $16.00 to $15.00 and set a “neutral” rating on the stock in a research note on Friday, August 2nd. Raymond James cut their target price on Xponential Fitness from $30.00 to $20.00 and set a “strong-buy” rating for the company in a research note on Friday, August 2nd. Roth Mkm lowered their price target on shares of Xponential Fitness from $22.00 to $19.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. Finally, B. Riley raised their price objective on shares of Xponential Fitness from $9.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, August 5th.

Insiders Place Their Bets

In other Xponential Fitness news, insider Andrew Hagopian sold 26,740 shares of Xponential Fitness stock in a transaction dated Thursday, October 10th. The shares were sold at an average price of $12.18, for a total transaction of $325,693.20. Following the completion of the sale, the insider now directly owns 255,764 shares in the company, valued at $3,115,205.52. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, President Sarah Luna sold 14,400 shares of the stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $13.85, for a total transaction of $199,440.00. Following the transaction, the president now owns 290,297 shares of the company’s stock, valued at approximately $4,020,613.45. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Andrew Hagopian sold 26,740 shares of the firm’s stock in a transaction dated Thursday, October 10th. The shares were sold at an average price of $12.18, for a total value of $325,693.20. Following the transaction, the insider now owns 255,764 shares of the company’s stock, valued at $3,115,205.52. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 47.83% of the stock is currently owned by insiders.

Institutional Trading of Xponential Fitness

Hedge funds have recently made changes to their positions in the business. Kent Lake Capital LLC grew its holdings in shares of Xponential Fitness by 276.0% in the first quarter. Kent Lake Capital LLC now owns 882,443 shares of the company’s stock valued at $14,596,000 after purchasing an additional 647,743 shares in the last quarter. JCP Investment Management LLC acquired a new position in shares of Xponential Fitness in the second quarter worth $3,915,000. Nut Tree Capital Management LP grew its stake in shares of Xponential Fitness by 74.3% in the first quarter. Nut Tree Capital Management LP now owns 250,000 shares of the company’s stock worth $4,135,000 after acquiring an additional 106,587 shares in the last quarter. Algert Global LLC increased its position in shares of Xponential Fitness by 4.0% during the second quarter. Algert Global LLC now owns 203,823 shares of the company’s stock worth $3,180,000 after acquiring an additional 7,825 shares during the period. Finally, Oak Ridge Investments LLC raised its stake in shares of Xponential Fitness by 9.9% in the first quarter. Oak Ridge Investments LLC now owns 194,109 shares of the company’s stock valued at $3,211,000 after acquiring an additional 17,411 shares in the last quarter. Institutional investors and hedge funds own 58.55% of the company’s stock.

Xponential Fitness Stock Performance

NYSE XPOF opened at $12.08 on Friday. The business has a fifty day moving average price of $13.01 and a 200 day moving average price of $13.40. The company has a market cap of $581.89 million, a P/E ratio of -12.72 and a beta of 1.18. Xponential Fitness has a one year low of $7.40 and a one year high of $18.95.

Xponential Fitness (NYSE:XPOF) last issued its earnings results on Thursday, August 1st. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.22). The business had revenue of $76.50 million during the quarter, compared to analyst estimates of $83.63 million. Xponential Fitness had a negative net margin of 6.51% and a negative return on equity of 9.35%. Xponential Fitness’s quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter last year, the company earned $0.07 earnings per share. As a group, sell-side analysts predict that Xponential Fitness will post 0.79 EPS 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.