Brokerages Set Xponential Fitness, Inc. (NYSE:XPOF) Price Target at $11.69

Xponential Fitness, Inc. (NYSE:XPOF) has received a consensus recommendation of “Hold” from the ten ratings firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, six have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $11.6875.

A number of research analysts have weighed in on XPOF shares. Wall Street Zen raised Xponential Fitness from a “hold” rating to a “buy” rating in a report on Tuesday, November 11th. Stifel Nicolaus cut their price objective on Xponential Fitness from $10.00 to $8.00 and set a “hold” rating on the stock in a research report on Friday, November 21st. Guggenheim dropped their target price on shares of Xponential Fitness from $13.00 to $12.00 and set a “buy” rating on the stock in a report on Monday, November 10th. UBS Group began coverage on Xponential Fitness in a report on Friday, October 17th. They issued a “neutral” rating and a $8.00 target price on the stock. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Xponential Fitness in a research note on Wednesday, October 8th.

Institutional Investors Weigh In On Xponential Fitness

Hedge funds have recently made changes to their positions in the company. Rhumbline Advisers boosted its position in shares of Xponential Fitness by 3.9% in the 1st quarter. Rhumbline Advisers now owns 32,965 shares of the company’s stock worth $275,000 after purchasing an additional 1,239 shares in the last quarter. SkyView Investment Advisors LLC lifted its position in shares of Xponential Fitness by 4.9% in the second quarter. SkyView Investment Advisors LLC now owns 39,871 shares of the company’s stock valued at $302,000 after acquiring an additional 1,859 shares in the last quarter. Raymond James Financial Inc. boosted its position in Xponential Fitness by 20.4% during the third quarter. Raymond James Financial Inc. now owns 14,732 shares of the company’s stock worth $115,000 after acquiring an additional 2,500 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Xponential Fitness by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 1,554,023 shares of the company’s stock worth $12,106,000 after acquiring an additional 4,495 shares during the last quarter. Finally, Ameritas Advisory Services LLC purchased a new position in Xponential Fitness in the second quarter worth approximately $37,000. 58.55% of the stock is currently owned by hedge funds and other institutional investors.

Xponential Fitness Price Performance

Shares of NYSE XPOF opened at $7.32 on Friday. Xponential Fitness has a one year low of $5.38 and a one year high of $18.87. The stock’s fifty day moving average price is $6.80 and its two-hundred day moving average price is $8.17. The firm has a market cap of $357.78 million, a price-to-earnings ratio of -4.43 and a beta of 1.43.

Xponential Fitness (NYSE:XPOF) last posted its earnings results on Thursday, November 6th. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.14 by $0.20. Xponential Fitness had a negative return on equity of 6.85% and a negative net margin of 15.30%.The firm had revenue of $78.82 million during the quarter, compared to the consensus estimate of $75.25 million. During the same period last year, the company earned ($0.04) earnings per share. The business’s quarterly revenue was down 2.1% on a year-over-year basis. On average, equities analysts anticipate that Xponential Fitness will post 0.61 earnings per share for the current fiscal year.

About Xponential Fitness

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.