Analysts Set Xponential Fitness, Inc. (NYSE:XPOF) Price Target at $6.94

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have been assigned a consensus recommendation of “Hold” from the twelve ratings firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $6.9375.

Several brokerages have issued reports on XPOF. B. Riley Financial dropped their target price on shares of Xponential Fitness from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Monday, August 10th. Wall Street Zen cut shares of Xponential Fitness from a “hold” rating to a “sell” rating in a report on Saturday, August 1st. Roth Capital dropped their target price on shares of Xponential Fitness from $7.00 to $5.00 and set a “neutral” rating on the stock in a report on Monday, August 10th. Northland Securities raised shares of Xponential Fitness from a “market perform” rating to an “outperform” rating and set a $8.00 price objective on the stock in a research report on Wednesday, May 20th. Finally, Guggenheim lowered shares of Xponential Fitness from a “buy” rating to a “neutral” rating in a research note on Friday, August 7th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Voss Capital LP increased its position in shares of Xponential Fitness by 86.7% during the 4th quarter. Voss Capital LP now owns 6,033,653 shares of the company’s stock valued at $49,657,000 after purchasing an additional 2,801,153 shares during the last quarter. Citizens Business Bank purchased a new position in shares of Xponential Fitness during the 1st quarter worth $12,040,000. Fund 1 Investments LLC purchased a new position in Xponential Fitness during the second quarter valued at $12,512,000. Vanguard Group Inc. grew its stake in shares of Xponential Fitness by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 1,554,023 shares of the company’s stock valued at $12,106,000 after acquiring an additional 4,495 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in shares of Xponential Fitness by 8.1% in the third quarter. Ameriprise Financial Inc. now owns 1,463,682 shares of the company’s stock worth $11,402,000 after purchasing an additional 109,432 shares during the period. Institutional investors own 58.55% of the company’s stock.

Xponential Fitness Price Performance

Shares of NYSE:XPOF opened at $5.67 on Thursday. The firm has a fifty day moving average price of $6.24 and a two-hundred day moving average price of $6.35. The company has a market cap of $279.64 million, a price-to-earnings ratio of -3.86 and a beta of 1.07. Xponential Fitness has a one year low of $3.83 and a one year high of $9.25.

Xponential Fitness (NYSE:XPOF) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.11). The business had revenue of $65.97 million during the quarter, compared to analysts’ expectations of $64.42 million. Xponential Fitness had a negative return on equity of 3.40% and a negative net margin of 13.64%.The company’s quarterly revenue was down 13.4% on a year-over-year basis. During the same quarter last year, the business posted $0.26 EPS. Equities research analysts expect that Xponential Fitness will post 0.26 EPS for the current fiscal 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.