Xponential Fitness (NYSE:XPOF – Get Free Report)‘s stock had its “neutral” rating restated by investment analysts at Piper Sandler in a research note issued on Friday, Benzinga reports. They presently have a $13.00 price target on the stock, down from their prior price target of $14.00. Piper Sandler’s price objective points to a potential downside of 0.99% from the company’s current price.
Several other equities analysts have also recently issued reports on the stock. Guggenheim boosted their target price on shares of Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Tuesday, June 18th. B. Riley upped their price objective on shares of Xponential Fitness from $28.00 to $31.00 and gave the stock a “buy” rating in a research report on Friday, May 3rd. Roth Capital upgraded Xponential Fitness to a “strong-buy” rating in a research report on Monday, June 17th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $20.00 price target on shares of Xponential Fitness in a report on Friday, April 12th. Finally, Roth Mkm started coverage on Xponential Fitness in a report on Monday, June 17th. They issued a “buy” rating and a $22.00 price objective on the stock. Three analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $20.15.
Read Our Latest Stock Report on XPOF
Xponential Fitness Stock Down 22.9 %
Shares of XPOF stock opened at $13.13 on Friday. Xponential Fitness has a 52-week low of $7.40 and a 52-week high of $24.00. The stock has a market cap of $631.16 million, a PE ratio of -23.03 and a beta of 1.23. The business has a 50-day simple moving average of $14.64 and a 200-day simple moving average of $13.16.
Xponential Fitness (NYSE:XPOF – Get Free Report) last announced its quarterly earnings results on Thursday, May 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). The company had revenue of $79.52 million during the quarter, compared to analyst estimates of $78.77 million. Xponential Fitness had a negative net margin of 6.51% and a negative return on equity of 9.53%. The company’s revenue was up 12.5% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.02) earnings per share. Sell-side analysts anticipate that Xponential Fitness will post 0.95 earnings per share for the current fiscal year.
Institutional Trading of Xponential Fitness
Several large investors have recently made changes to their positions in XPOF. Quest Partners LLC acquired a new stake in Xponential Fitness during the 4th quarter worth $174,000. Versor Investments LP acquired a new position in Xponential Fitness during the fourth quarter worth about $240,000. CenterBook Partners LP purchased a new stake in Xponential Fitness during the 4th quarter valued at about $1,351,000. Voss Capital LLC acquired a new stake in Xponential Fitness in the 4th quarter valued at about $29,776,000. Finally, ABS Direct Equity Fund LLC purchased a new position in Xponential Fitness in the 4th quarter worth approximately $1,611,000. 58.55% of the stock is currently 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.
See Also
Receive News & Ratings for Xponential Fitness Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Xponential Fitness and related companies with MarketBeat.com’s FREE daily email newsletter.
