Xponential Fitness (NYSE:XPOF – Get Free Report) had its target price dropped by research analysts at Raymond James from $30.00 to $20.00 in a report released on Friday, Benzinga reports. The brokerage currently has a “strong-buy” rating on the stock. Raymond James’ target price indicates a potential upside of 52.32% from the company’s current price.
Several other research firms have also weighed in on XPOF. Guggenheim increased their target price on shares of Xponential Fitness from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday, June 18th. Roth Capital upgraded Xponential Fitness to a “strong-buy” rating in a report on Monday, June 17th. Stifel Nicolaus restated a “buy” rating and issued a $20.00 price target on shares of Xponential Fitness in a report on Friday, April 12th. Roth Mkm dropped their price target on Xponential Fitness from $22.00 to $19.00 and set a “buy” rating on the stock in a research report on Friday. Finally, B. Riley boosted their price objective on Xponential Fitness from $28.00 to $31.00 and gave the company a “buy” rating in a research report on Friday, May 3rd. Three analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Xponential Fitness has a consensus rating of “Moderate Buy” and a consensus price target of $20.15.
View Our Latest Research Report on Xponential Fitness
Xponential Fitness Stock Down 22.9 %
Shares of Xponential Fitness stock opened at $13.13 on Friday. The business has a fifty day simple moving average of $14.64 and a 200 day simple moving average of $13.16. The stock has a market cap of $631.16 million, a PE ratio of -23.03 and a beta of 1.23. Xponential Fitness has a 12 month low of $7.40 and a 12 month high of $24.00.
Xponential Fitness (NYSE:XPOF – Get Free Report) last posted its earnings results on Thursday, May 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.02). Xponential Fitness had a negative return on equity of 9.53% and a negative net margin of 6.51%. The company had revenue of $79.52 million for the quarter, compared to analyst estimates of $78.77 million. During the same quarter in the previous year, the firm posted ($0.02) earnings per share. Xponential Fitness’s quarterly revenue was up 12.5% compared to the same quarter last year. Analysts expect that Xponential Fitness will post 0.95 EPS for the current fiscal year.
Hedge Funds Weigh In On Xponential Fitness
A number of large investors have recently bought and sold shares of the company. nVerses Capital LLC bought a new stake in shares of Xponential Fitness in the second quarter worth $34,000. Dnca Finance acquired a new position in shares of Xponential Fitness during the 2nd quarter worth about $107,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Xponential Fitness during the 4th quarter worth about $143,000. Quest Partners LLC bought a new position in shares of Xponential Fitness in the 4th quarter valued at about $174,000. Finally, Versor Investments LP bought a new stake in Xponential Fitness during the fourth quarter worth about $240,000. 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.
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