Xponential Fitness (NYSE:XPOF – Get Free Report) had its price target upped by B. Riley from $9.00 to $12.00 in a report issued on Monday, Marketbeat.com reports. The firm currently has a “neutral” rating on the stock. B. Riley’s target price would indicate a potential downside of 13.48% from the company’s current price. B. Riley also issued estimates for Xponential Fitness’ Q3 2024 earnings at $0.17 EPS and Q4 2024 earnings at $0.38 EPS.
XPOF has been the topic of a number of other research reports. Roth Mkm cut their target price on shares of Xponential Fitness from $22.00 to $19.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. Roth Capital raised Xponential Fitness to a “strong-buy” rating in a research report on Monday, June 17th. Raymond James dropped their price target on Xponential Fitness from $30.00 to $20.00 and set a “strong-buy” rating on the stock in a research report on Friday, August 2nd. Robert W. Baird decreased their price objective on Xponential Fitness from $16.00 to $15.00 and set a “neutral” rating for the company in a report on Friday, August 2nd. Finally, Piper Sandler restated a “neutral” rating and set a $13.00 target price (down previously from $14.00) on shares of Xponential Fitness in a report on Friday, August 2nd. Four analysts have rated the stock with a hold rating, five have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Xponential Fitness presently has an average rating of “Moderate Buy” and a consensus price target of $18.25.
View Our Latest Research Report on XPOF
Xponential Fitness Stock Up 1.2 %
Xponential Fitness stock opened at $13.87 on Monday. The stock has a market cap of $666.76 million, a price-to-earnings ratio of -24.33 and a beta of 1.23. The business has a 50-day simple moving average of $14.82 and a 200 day simple moving average of $13.20. Xponential Fitness has a 52 week low of $7.40 and a 52 week high of $23.93.
Xponential Fitness (NYSE:XPOF – Get Free Report) last issued its quarterly 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). Xponential Fitness had a negative return on equity of 9.53% and a negative net margin of 6.51%. The company had revenue of $76.50 million during the quarter, compared to the consensus estimate of $83.63 million. During the same period in the previous year, the company earned $0.07 EPS. Xponential Fitness’s quarterly revenue was down 1.0% on a year-over-year basis. On average, research analysts anticipate that Xponential Fitness will post 0.92 earnings per share for the current year.
Hedge Funds Weigh In On Xponential Fitness
A number of institutional investors have recently modified their holdings of the stock. nVerses Capital LLC purchased a new stake in shares of Xponential Fitness in the 2nd quarter worth approximately $34,000. Dnca Finance purchased a new stake in Xponential Fitness during the second quarter worth $107,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in Xponential Fitness during the 4th quarter valued at $143,000. Quest Partners LLC purchased a new position in shares of Xponential Fitness in the 4th quarter valued at $174,000. Finally, Victory Capital Management Inc. bought a new position in shares of Xponential Fitness in the 2nd quarter worth $227,000. 58.55% of the stock is owned by hedge funds and other institutional investors.
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.
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