Xponential Fitness, Inc. (NYSE:XPOF – Free Report) – Investment analysts at B. Riley lifted their Q3 2024 earnings per share (EPS) estimates for shares of Xponential Fitness in a report issued on Monday, August 5th. B. Riley analyst J. Van. Sinderen now expects that the company will earn $0.17 per share for the quarter, up from their prior forecast of $0.16. B. Riley currently has a “Neutral” rating and a $12.00 target price on the stock. The consensus estimate for Xponential Fitness’ current full-year earnings is $0.92 per share. B. Riley also issued estimates for Xponential Fitness’ Q4 2024 earnings at $0.38 EPS.
A number of other brokerages have also commented on XPOF. Roth Capital upgraded Xponential Fitness to a “strong-buy” rating in a research report on Monday, June 17th. Raymond James reduced their target price on Xponential Fitness from $30.00 to $20.00 and set a “strong-buy” rating on the stock in a report on Friday. Guggenheim lifted their price objective on Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a report on Tuesday, June 18th. Roth Mkm cut their price objective on Xponential Fitness from $22.00 to $19.00 and set a “buy” rating on the stock in a report on Friday. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $20.00 price objective on shares of Xponential Fitness in a report on Friday, April 12th. Four research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $18.25.
View Our Latest Stock Analysis on Xponential Fitness
Xponential Fitness Stock Performance
Shares of NYSE:XPOF opened at $13.71 on Tuesday. The business has a fifty day moving average of $14.73 and a 200-day moving average of $13.19. The firm has a market cap of $659.07 million, a PE ratio of -24.05 and a beta of 1.23. Xponential Fitness has a twelve month low of $7.40 and a twelve month high of $23.93.
Xponential Fitness (NYSE:XPOF – Get Free Report) last issued 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 the consensus estimate of $83.63 million. During the same period last year, the business earned $0.07 earnings per share. The firm’s revenue for the quarter was down 1.0% compared to the same quarter last year.
Institutional Investors Weigh In On Xponential Fitness
A number of hedge funds have recently added to or reduced their stakes in XPOF. Victory Capital Management Inc. purchased a new position in Xponential Fitness in the second quarter worth $227,000. Verus Capital Partners LLC raised its stake in shares of Xponential Fitness by 15.4% during the 2nd quarter. Verus Capital Partners LLC now owns 76,629 shares of the company’s stock valued at $1,195,000 after purchasing an additional 10,215 shares during the period. nVerses Capital LLC purchased a new position in Xponential Fitness during the second quarter worth about $34,000. Principal Financial Group Inc. grew its position in Xponential Fitness by 13.1% during the second quarter. Principal Financial Group Inc. now owns 19,021 shares of the company’s stock worth $297,000 after buying an additional 2,203 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Xponential Fitness by 12.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 82,419 shares of the company’s stock worth $1,286,000 after purchasing an additional 9,079 shares in the last quarter. Institutional investors and hedge funds own 58.55% of the company’s stock.
Xponential Fitness Company Profile
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.
Further Reading
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