Xponential Fitness (NYSE:XPOF – Get Free Report) had its price target cut by analysts at Roth Mkm from $22.00 to $19.00 in a research note issued to investors on Friday, Benzinga reports. The firm currently has a “buy” rating on the stock. Roth Mkm’s target price would indicate a potential upside of 44.71% from the company’s previous close.
Several other equities research analysts also recently weighed in on XPOF. Piper Sandler reaffirmed a “neutral” rating and set a $13.00 price target (down from $14.00) on shares of Xponential Fitness in a research report on Friday. Guggenheim lifted their price target on Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, June 18th. Robert W. Baird lowered their price objective on Xponential Fitness from $16.00 to $15.00 and set a “neutral” rating on the stock in a research report on Friday. Roth Capital raised shares of Xponential Fitness to a “strong-buy” rating in a report on Monday, June 17th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $20.00 target price on shares of Xponential Fitness in a research note on Friday, April 12th. Three research 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’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $20.15.
Check Out Our Latest Research Report on Xponential Fitness
Xponential Fitness Stock Down 22.9 %
Shares of NYSE XPOF 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 firm has a market cap of $631.16 million, a P/E ratio of -23.03 and a beta of 1.23. The business’s 50 day moving average price is $14.64 and its 200 day moving average price is $13.16.
Xponential Fitness (NYSE:XPOF – Get Free Report) last released its quarterly earnings data on Thursday, May 2nd. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates 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 business had revenue of $79.52 million during the quarter, compared to analyst estimates of $78.77 million. During the same quarter in the previous year, the company earned ($0.02) EPS. The firm’s revenue was up 12.5% compared to the same quarter last year. As a group, research analysts expect that Xponential Fitness will post 0.95 earnings per share for the current year.
Institutional Trading of Xponential Fitness
Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in Xponential Fitness by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 1,325,963 shares of the company’s stock valued at $20,552,000 after buying an additional 5,245 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Xponential Fitness in the fourth quarter worth approximately $143,000. Voss Capital LLC acquired a new stake in shares of Xponential Fitness in the fourth quarter worth approximately $29,776,000. Los Angeles Capital Management LLC increased its position in shares of 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 purchasing an additional 148,576 shares in the last quarter. Finally, ABS Direct Equity Fund LLC acquired a new position in Xponential Fitness in the 4th quarter valued at $1,611,000. Institutional investors and hedge funds own 58.55% of the company’s stock.
About Xponential Fitness
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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