Xponential Fitness, Inc. (NYSE:XPOF – Get Free Report) shares rose 5.8% during mid-day trading on Monday after B. Riley raised their price target on the stock from $28.00 to $31.00. B. Riley currently has a buy rating on the stock. Xponential Fitness traded as high as $12.56 and last traded at $12.20. Approximately 92,991 shares were traded during trading, a decline of 86% from the average daily volume of 673,040 shares. The stock had previously closed at $11.53.
A number of other analysts have also recently weighed in on XPOF. Citigroup lowered their price target on Xponential Fitness from $23.00 to $21.00 and set a “buy” rating on the stock in a research report on Monday, March 4th. Robert W. Baird lowered their price target on Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating on the stock in a research report on Friday, March 1st. Bank of America upped their price target on Xponential Fitness from $13.00 to $15.50 and gave the company a “neutral” rating in a research report on Wednesday, March 13th. Finally, Stifel Nicolaus restated a “buy” rating and set a $20.00 target price on shares of Xponential Fitness in a report on Friday, April 12th. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.94.
Read Our Latest Stock Analysis on Xponential Fitness
Insider Buying and Selling
In other Xponential Fitness news, President Sarah Luna sold 5,399 shares of Xponential Fitness stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $10.01, for a total value of $54,043.99. Following the completion of the transaction, the president now directly owns 265,247 shares of the company’s stock, valued at approximately $2,655,122.47. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Xponential Fitness news, President Sarah Luna sold 5,399 shares of Xponential Fitness stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $10.01, for a total transaction of $54,043.99. Following the transaction, the president now directly owns 265,247 shares of the company’s stock, valued at approximately $2,655,122.47. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Anthony Geisler sold 17,901 shares of Xponential Fitness stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $9.93, for a total value of $177,756.93. Following the transaction, the chief executive officer now directly owns 394,011 shares in the company, valued at $3,912,529.23. The disclosure for this sale can be found here. In the last ninety days, insiders sold 35,632 shares of company stock valued at $356,848. Insiders own 47.83% of the company’s stock.
Hedge Funds Weigh In On Xponential Fitness
A number of hedge funds have recently bought and sold shares of XPOF. Voss Capital LLC bought a new stake in shares of Xponential Fitness during the 4th quarter worth $29,776,000. MSD Partners L.P. raised its position in shares of Xponential Fitness by 116.2% in the third quarter. MSD Partners L.P. now owns 1,761,319 shares of the company’s stock valued at $27,300,000 after purchasing an additional 946,757 shares during the period. Jacobs Levy Equity Management Inc. purchased a new stake in shares of Xponential Fitness during the 3rd quarter valued at approximately $10,415,000. Eagle Asset Management Inc. lifted its stake in shares of Xponential Fitness by 22.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 1,372,839 shares of the company’s stock valued at $21,279,000 after buying an additional 247,115 shares in the last quarter. Finally, Kent Lake Capital LLC purchased a new stake in shares of Xponential Fitness during the 4th quarter valued at approximately $3,025,000. 58.55% of the stock is owned by hedge funds and other institutional investors.
Xponential Fitness Stock Performance
The company has a market capitalization of $577.47 million, a PE ratio of -21.33 and a beta of 1.20. The stock’s 50 day moving average is $13.92 and its 200 day moving average is $12.90.
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 7.73% and a net margin of 1.90%. The firm had revenue of $79.52 million during the quarter, compared to analysts’ expectations of $78.77 million. During the same quarter in the prior year, the company earned ($0.02) earnings per share. The business’s revenue for the quarter was up 12.5% compared to the same quarter last year. On average, equities research analysts forecast that Xponential Fitness, Inc. will post 1.11 EPS for the current fiscal year.
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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