Xponential Fitness, Inc. (NYSE:XPOF) Stock Rated “Hold” by Wall Street Brokerages

Xponential Fitness, Inc. (NYSE:XPOF) has been given an average rating of “Hold” by the twelve analysts that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $6.50.

XPOF has been the topic of a number of research analyst reports. B. Riley Financial lowered their price target on Xponential Fitness from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Monday, August 10th. Robert W. Baird set a $5.50 price target on shares of Xponential Fitness in a research note on Friday, August 7th. Guggenheim cut shares of Xponential Fitness from a “buy” rating to a “neutral” rating in a report on Friday, August 7th. Weiss Ratings downgraded shares of Xponential Fitness from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, November 4th. Finally, 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.

Institutional Trading of Xponential Fitness

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Citizens Business Bank bought a new stake in shares of Xponential Fitness during the 1st quarter valued at $12,040,000. Fund 1 Investments LLC purchased a new position in shares of Xponential Fitness during the 2nd quarter valued at $12,512,000. Kanen Wealth Management LLC boosted its holdings in Xponential Fitness by 426.2% in the 1st quarter. Kanen Wealth Management LLC now owns 845,922 shares of the company’s stock worth $5,092,000 after buying an additional 685,149 shares during the period. Janus Henderson Group PLC bought a new position in Xponential Fitness in the 1st quarter worth $1,601,000. Finally, Bank of New York Mellon Corp purchased a new stake in Xponential Fitness in the 2nd quarter worth $713,000. 58.55% of the stock is owned by hedge funds and other institutional investors.

Xponential Fitness Stock Performance

Xponential Fitness stock opened at $4.75 on Tuesday. The stock’s 50 day simple moving average is $4.40 and its two-hundred day simple moving average is $5.94. The stock has a market cap of $234.07 million, a price-to-earnings ratio of -3.99 and a beta of 1.07. Xponential Fitness has a fifty-two week low of $3.57 and a fifty-two week high of $9.25.

Xponential Fitness (NYSE:XPOF) last issued its quarterly earnings results on Thursday, November 5th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.08). The business had revenue of $62.26 million during the quarter, compared to the consensus estimate of $63.00 million. Xponential Fitness had a negative return on equity of 3.40% and a negative net margin of 13.64%. The firm’s revenue was down 21.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.34 earnings per share. On average, analysts predict that Xponential Fitness will post 0.13 earnings per share for the current year.

About Xponential Fitness

Xponential Fitness, Inc is a franchisor of boutique health and wellness businesses. Founded in 2017 and headquartered in Irvine, California, the company develops and supports specialized fitness concepts that operate through franchised studios and licensed locations.

Its portfolio has included Club Pilates, CycleBar, StretchLab, YogaSix, Pure Barre, AKT, Rumble, STRIDE Fitness and BFT, which offer services such as Pilates, indoor cycling, assisted stretching, yoga, barre, dance-based workouts, boxing-inspired training and group fitness.