Xponential Fitness (NYSE:XPOF) Posts Quarterly Earnings Results, Misses Estimates By $0.88 EPS

Xponential Fitness (NYSE:XPOF) issued its earnings results on Thursday. The company reported ($0.91) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.88), Zacks reports. Xponential Fitness had a negative return on equity of 6.85% and a negative net margin of 15.30%.

Xponential Fitness Price Performance

XPOF traded down $0.18 on Thursday, hitting $8.05. The company had a trading volume of 1,304,854 shares, compared to its average volume of 370,707. The stock has a fifty day simple moving average of $8.22 and a 200-day simple moving average of $7.75. The firm has a market capitalization of $393.73 million, a P/E ratio of -4.88 and a beta of 1.41. Xponential Fitness has a 52-week low of $5.38 and a 52-week high of $13.91.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. SkyView Investment Advisors LLC grew its position in shares of Xponential Fitness by 4.9% in the 2nd quarter. SkyView Investment Advisors LLC now owns 39,871 shares of the company’s stock worth $302,000 after buying an additional 1,859 shares during the period. Bridgeway Capital Management LLC bought a new stake in Xponential Fitness during the fourth quarter worth about $288,000. Rhumbline Advisers grew its holdings in Xponential Fitness by 8.1% in the second quarter. Rhumbline Advisers now owns 35,633 shares of the company’s stock worth $267,000 after purchasing an additional 2,668 shares during the period. Graham Capital Management L.P. increased its stake in shares of Xponential Fitness by 15.9% during the fourth quarter. Graham Capital Management L.P. now owns 28,329 shares of the company’s stock valued at $233,000 after purchasing an additional 3,887 shares in the last quarter. Finally, XTX Topco Ltd purchased a new position in shares of Xponential Fitness during the second quarter valued at approximately $204,000. Hedge funds and other institutional investors own 58.55% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Guggenheim lowered their price objective on shares of Xponential Fitness from $13.00 to $12.00 and set a “buy” rating for the company in a research note on Monday, November 10th. Stifel Nicolaus lowered their price target on Xponential Fitness from $10.00 to $8.00 and set a “hold” rating for the company in a research report on Friday, November 21st. Wall Street Zen upgraded Xponential Fitness from a “hold” rating to a “buy” rating in a research report on Tuesday, November 11th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Xponential Fitness in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $10.86.

About Xponential Fitness

Xponential Fitness is a leading franchisor and operator of boutique fitness studios headquartered in Irvine, California. The company specializes in developing, marketing, and supporting a portfolio of fitness brands that deliver low-impact cardio, strength training, and mindful movement workouts. Through its asset-light franchise model, Xponential provides entrepreneurs with proprietary studio designs, branded equipment, digital support, and comprehensive training programs to ensure consistent member experiences.

Its portfolio comprises core brands such as Club Pilates, Pure Barre, CycleBar, StretchLab, YogaSix, Row House, Rumble, AKT, and STRIDE.