Xponential Fitness (NYSE:XPOF – Get Free Report) had its price target dropped by research analysts at Robert W. Baird from $16.00 to $15.00 in a report issued on Friday, Benzinga reports. The firm currently has a “neutral” rating on the stock. Robert W. Baird’s target price indicates a potential upside of 14.24% from the company’s previous close.
Several other brokerages also recently commented on XPOF. Roth Mkm started coverage on Xponential Fitness in a research note on Monday, June 17th. They set a “buy” rating and a $22.00 target price for the company. Piper Sandler reaffirmed a “neutral” rating and set a $13.00 price objective (down from $14.00) on shares of Xponential Fitness in a research report on Friday. B. Riley increased their price objective on shares of Xponential Fitness from $28.00 to $31.00 and gave the company a “buy” rating in a research report on Friday, May 3rd. Guggenheim lifted 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. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $20.00 price target on shares of Xponential Fitness in a report on Friday, April 12th. Three analysts have rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Xponential Fitness has a consensus rating of “Moderate Buy” and an average price target of $20.15.
Xponential Fitness Price Performance
Shares of XPOF opened at $13.13 on Friday. The company has a market cap of $631.16 million, a PE ratio of -23.03 and a beta of 1.23. The firm has a 50-day moving average of $14.64 and a 200-day moving average of $13.16. Xponential Fitness has a one year low of $7.40 and a one year high of $24.00.
Xponential Fitness (NYSE:XPOF – Get Free Report) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). The business had revenue of $79.52 million for the quarter, compared to the consensus estimate of $78.77 million. Xponential Fitness had a negative return on equity of 9.53% and a negative net margin of 6.51%. The company’s revenue for the quarter was up 12.5% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.02) EPS. Analysts expect that Xponential Fitness will post 0.95 earnings per share for the current year.
Institutional Investors Weigh In On Xponential Fitness
A number of large investors have recently added to or reduced their stakes in XPOF. Voss Capital LLC bought a new stake in shares of Xponential Fitness during the 4th quarter valued at $29,776,000. Kent Lake Capital LLC lifted its position in Xponential Fitness by 276.0% during the first quarter. Kent Lake Capital LLC now owns 882,443 shares of the company’s stock worth $14,596,000 after purchasing an additional 647,743 shares during the period. Los Angeles Capital Management LLC grew its stake in Xponential Fitness by 204.7% during the fourth quarter. Los Angeles Capital Management LLC now owns 221,151 shares of the company’s stock worth $2,851,000 after buying an additional 148,576 shares in the last quarter. Nut Tree Capital Management LP bought a new position in Xponential Fitness in the 4th quarter valued at about $1,849,000. Finally, Trexquant Investment LP raised its position in shares of Xponential Fitness by 346.2% in the 4th quarter. Trexquant Investment LP now owns 172,285 shares of the company’s stock valued at $2,221,000 after buying an additional 133,677 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.
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