Xponential Fitness (NYSE:XPOF) Announces Earnings Results

Xponential Fitness (NYSE:XPOF) issued its earnings results on Thursday. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02), Briefing.com reports. 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 for the quarter, compared to analysts’ expectations of $78.77 million. During the same period last year, the firm earned ($0.02) earnings per share. Xponential Fitness’s revenue for the quarter was up 12.5% on a year-over-year basis.

Xponential Fitness Stock Performance

Shares of NYSE:XPOF traded down $1.90 during trading on Friday, hitting $11.53. The company’s stock had a trading volume of 1,694,721 shares, compared to its average volume of 625,243. Xponential Fitness has a fifty-two week low of $8.30 and a fifty-two week high of $33.49. The business has a 50 day moving average price of $13.92 and a two-hundred day moving average price of $12.92. The company has a market capitalization of $547.56 million, a PE ratio of -20.23 and a beta of 1.20.

Analyst Ratings Changes

A number of research firms recently commented on XPOF. Bank of America upped their price objective on Xponential Fitness from $13.00 to $15.50 and gave the company a “neutral” rating in a report on Wednesday, March 13th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $20.00 price target on shares of Xponential Fitness in a research note on Friday, April 12th. Robert W. Baird cut their price objective on Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating for the company in a research report on Friday, March 1st. Citigroup decreased their target price on shares of Xponential Fitness from $23.00 to $21.00 and set a “buy” rating on the stock in a research report on Monday, March 4th. Finally, B. Riley lifted their price target on shares of Xponential Fitness from $28.00 to $31.00 and gave the company a “buy” rating in a research report on Friday. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Xponential Fitness currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.85.

Insider Activity

In related news, insider Andrew Hagopian sold 5,260 shares of the business’s stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $10.06, for a total transaction of $52,915.60. Following the completion of the transaction, the insider now directly owns 228,390 shares of the company’s stock, valued at approximately $2,297,603.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Andrew Hagopian sold 5,260 shares of Xponential Fitness stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $10.06, for a total value of $52,915.60. Following the completion of the transaction, the insider now owns 228,390 shares in the company, valued at $2,297,603.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Anthony Geisler sold 17,901 shares of the stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $9.93, for a total transaction of $177,756.93. Following the completion of the sale, 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. Over the last three months, insiders have sold 35,632 shares of company stock worth $356,848. Corporate insiders own 47.83% 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.