Xponential Fitness, Inc. (NYSE:XPOF – Get Free Report)’s share price was up 3.3% during mid-day trading on Monday after B. Riley raised their price target on the stock from $9.00 to $12.00. B. Riley currently has a neutral rating on the stock. Xponential Fitness traded as high as $13.74 and last traded at $13.56. Approximately 1,221,261 shares changed hands during trading, an increase of 54% from the average daily volume of 792,698 shares. The stock had previously closed at $13.13.
Several other research firms have also recently issued reports on XPOF. Piper Sandler reissued a “neutral” rating and set a $13.00 price target (down from $14.00) on shares of Xponential Fitness in a report on Friday. Raymond James reduced their price target on Xponential Fitness from $30.00 to $20.00 and set a “strong-buy” rating for the company in a report on Friday. Roth Capital upgraded Xponential Fitness to a “strong-buy” rating in a research note on Monday, June 17th. Guggenheim increased their price objective on Xponential Fitness from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Tuesday, June 18th. Finally, Stifel Nicolaus restated a “buy” rating and set a $20.00 target price on shares of Xponential Fitness in a research report on Friday, April 12th. Four analysts have rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $18.25.
Get Our Latest Stock Analysis on XPOF
Institutional Investors Weigh In On Xponential Fitness
A number of large investors have recently added to or reduced their stakes in XPOF. nVerses Capital LLC acquired a new position in shares of Xponential Fitness in the second quarter worth $34,000. Dnca Finance acquired a new position in Xponential Fitness in the 2nd quarter valued at about $107,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in Xponential Fitness in the 4th quarter valued at about $143,000. Quest Partners LLC acquired a new stake in shares of Xponential Fitness during the 4th quarter worth about $174,000. Finally, Victory Capital Management Inc. purchased a new stake in shares of Xponential Fitness during the second quarter worth about $227,000. 58.55% of the stock is owned by institutional investors and hedge funds.
Xponential Fitness Stock Up 4.4 %
The firm has a market capitalization of $659.07 million, a PE ratio of -24.05 and a beta of 1.23. The business’s fifty day moving average price is $14.73 and its 200 day moving average price is $13.19.
Xponential Fitness (NYSE:XPOF – Get Free Report) last released its earnings results on Thursday, August 1st. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.19 by ($0.22). Xponential Fitness had a negative return on equity of 9.53% and a negative net margin of 6.51%. The firm had revenue of $76.50 million during the quarter, compared to analysts’ expectations of $83.63 million. During the same period in the previous year, the firm posted $0.07 earnings per share. The firm’s revenue was down 1.0% on a year-over-year basis. As a group, sell-side analysts forecast that Xponential Fitness, Inc. will post 0.92 earnings per share 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.
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