Xponential Fitness (NYSE:XPOF) Stock Lifted to Hold by Wall Street Zen

Wall Street Zen upgraded shares of Xponential Fitness (NYSE:XPOF) from a sell rating to a hold rating in a research report sent to investors on Saturday,Wall Street Zen reports.

A number of other equities analysts have also weighed in on the stock. Guggenheim lowered shares of Xponential Fitness from a “buy” rating to a “neutral” rating in a research report on Friday, August 7th. Weiss Ratings cut Xponential Fitness from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, November 4th. B. Riley Financial reduced their target price on Xponential Fitness from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Monday, August 10th. Roth Capital decreased their price target on shares of Xponential Fitness from $7.00 to $5.00 and set a “neutral” rating on the stock in a research note on Monday, August 10th. Finally, Robert W. Baird set a $5.50 target price on Xponential Fitness in a research note on Friday, August 7th. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Xponential Fitness presently has an average rating of “Hold” and an average price target of $6.50.

Xponential Fitness Stock Up 1.2%

NYSE XPOF traded up $0.05 on Friday, reaching $4.68. The stock had a trading volume of 371,937 shares, compared to its average volume of 809,304. Xponential Fitness has a 12-month low of $3.57 and a 12-month high of $9.25. The stock has a fifty day moving average price of $4.36 and a two-hundred day moving average price of $5.88. The firm has a market capitalization of $231.01 million, a price-to-earnings ratio of -3.94 and a beta of 1.07.

Xponential Fitness (NYSE:XPOF) last announced its quarterly earnings data on Thursday, November 5th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.08). The business had revenue of $62.26 million during the quarter, compared to analyst estimates of $63.00 million. Xponential Fitness had a negative net margin of 11.13% and a negative return on equity of 3.40%. The company’s revenue for the quarter was down 21.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.34 EPS. Sell-side analysts forecast that Xponential Fitness will post 0.14 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Xponential Fitness

A number of institutional investors have recently bought and sold shares of the stock. Ameritas Advisory Services LLC bought a new position in shares of Xponential Fitness during the 2nd quarter valued at $35,000. Covestor Ltd boosted its position in Xponential Fitness by 30,046.2% in the third quarter. Covestor Ltd now owns 11,757 shares of the company’s stock valued at $53,000 after buying an additional 11,718 shares in the last quarter. Sei Investments Co. bought a new stake in shares of Xponential Fitness during the first quarter worth $137,000. Quantinno Capital Management LP increased its holdings in shares of Xponential Fitness by 33.9% in the first quarter. Quantinno Capital Management LP now owns 29,268 shares of the company’s stock valued at $176,000 after purchasing an additional 7,410 shares in the last quarter. Finally, Empowered Funds LLC acquired a new stake in Xponential Fitness in the third quarter worth about $225,000. Hedge funds and other institutional investors own 58.55% of the company’s stock.

Xponential Fitness Company Profile

Xponential Fitness is a franchisor of boutique fitness studios. The company develops and supports fitness brands, with studios offering services such as Pilates, indoor cycling, assisted stretching, rowing, yoga, barre, dance-based workouts, boxing and strength training. Its portfolio includes Club Pilates, CycleBar, StretchLab, Row House, AKT, YogaSix, Pure Barre, Rumble and BFT. Xponential’s business focuses on franchising and licensing these concepts, while providing franchisees with support such as brand development, training and marketing.