Brokerages Set Xponential Fitness, Inc. (NYSE:XPOF) Target Price at $8.92

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have been given an average recommendation of “Reduce” by the nine analysts that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $8.9167.

Several analysts have recently weighed in on XPOF shares. Zacks Research cut Xponential Fitness from a “hold” rating to a “strong sell” rating in a report on Friday, February 27th. Roth Mkm downgraded shares of Xponential Fitness from a “buy” rating to a “neutral” rating and set a $7.00 target price on the stock. in a research report on Friday, February 27th. Guggenheim reduced their target price on shares of Xponential Fitness from $12.00 to $10.00 and set a “buy” rating on the stock in a report on Monday, March 2nd. Wall Street Zen cut shares of Xponential Fitness from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, KeyCorp started coverage on shares of Xponential Fitness in a research note on Thursday, March 12th. They set a “sector weight” rating for the company.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Voss Capital LP boosted its holdings in Xponential Fitness by 86.7% in the fourth quarter. Voss Capital LP now owns 6,033,653 shares of the company’s stock valued at $49,657,000 after acquiring an additional 2,801,153 shares during the last quarter. Vanguard Group Inc. increased its position in Xponential Fitness by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 1,554,023 shares of the company’s stock valued at $12,106,000 after purchasing an additional 4,495 shares during the period. Ameriprise Financial Inc. raised its holdings in Xponential Fitness by 8.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,463,682 shares of the company’s stock worth $11,402,000 after purchasing an additional 109,432 shares during the last quarter. Nomura Holdings Inc. raised its holdings in Xponential Fitness by 8.8% during the 3rd quarter. Nomura Holdings Inc. now owns 1,412,218 shares of the company’s stock worth $11,001,000 after purchasing an additional 114,389 shares during the last quarter. Finally, Marshall Wace LLP lifted its position in shares of Xponential Fitness by 13.7% in the 3rd quarter. Marshall Wace LLP now owns 1,259,011 shares of the company’s stock worth $9,808,000 after purchasing an additional 151,506 shares during the period. 58.55% of the stock is owned by institutional investors.

Xponential Fitness Price Performance

XPOF stock opened at $5.94 on Monday. The stock has a market cap of $291.50 million, a price-to-earnings ratio of -4.07 and a beta of 1.48. The company has a 50 day simple moving average of $7.22 and a 200 day simple moving average of $7.36. Xponential Fitness has a 1 year low of $3.83 and a 1 year high of $11.14.

Xponential Fitness (NYSE:XPOF) last posted its earnings results on Thursday, February 26th. The company reported ($0.91) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.88). The company had revenue of $82.96 million for the quarter, compared to the consensus estimate of $73.42 million. Xponential Fitness had a negative return on equity of 2.19% and a negative net margin of 10.90%.The business’s quarterly revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.19) EPS. On average, equities research analysts anticipate that Xponential Fitness will post 0.61 EPS for the current fiscal year.

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.