Brokerages Set Xponential Fitness, Inc. (NYSE:XPOF) PT at $6.94

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have been assigned a consensus recommendation of “Hold” from the twelve research firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $6.50.

Several equities analysts have recently issued reports on the company. UBS Group cut their price target on Xponential Fitness from $7.00 to $4.50 and set a “neutral” rating on the stock in a research note on Wednesday. Wall Street Zen cut shares of Xponential Fitness from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. B. Riley Financial dropped their price target on shares of Xponential Fitness from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Monday, August 10th. Weiss Ratings raised shares of Xponential Fitness from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, August 26th. Finally, Roth Capital dropped their target price on shares of Xponential Fitness from $7.00 to $5.00 and set a “neutral” rating for the company in a research report on Monday, August 10th.

Institutional Investors Weigh In On Xponential Fitness

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Voss Capital LP boosted its stake in Xponential Fitness by 86.7% during the 4th quarter. Voss Capital LP now owns 6,033,653 shares of the company’s stock worth $49,657,000 after acquiring an additional 2,801,153 shares during the last quarter. Fund 1 Investments LLC acquired a new stake in Xponential Fitness in the second quarter worth $12,512,000. Citizens Business Bank acquired a new stake in Xponential Fitness in the first quarter worth $12,040,000. Kanen Wealth Management LLC boosted its position in shares of Xponential Fitness by 426.2% during the first quarter. Kanen Wealth Management LLC now owns 845,922 shares of the company’s stock worth $5,092,000 after purchasing an additional 685,149 shares in the last quarter. Finally, CenterBook Partners LP bought a new position in shares of Xponential Fitness during the fourth quarter worth $4,253,000. Institutional investors own 58.55% of the company’s stock.

Xponential Fitness Trading Down 1.0%

Shares of XPOF stock opened at $3.62 on Monday. Xponential Fitness has a 1 year low of $3.57 and a 1 year high of $9.25. The firm’s 50 day moving average is $5.45 and its 200-day moving average is $5.96. The firm has a market capitalization of $178.31 million, a price-to-earnings ratio of -2.46 and a beta of 1.07.

Xponential Fitness (NYSE:XPOF) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.11). The company had revenue of $65.97 million during the quarter, compared to the consensus estimate of $64.42 million. Xponential Fitness had a negative return on equity of 3.40% and a negative net margin of 13.64%.The business’s revenue for the quarter was down 13.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.26 EPS. On average, equities research analysts forecast that Xponential Fitness will post 0.26 earnings per share for the current fiscal year.

Xponential Fitness Company Profile

Xponential Fitness, Inc (NYSE: XPOF) is a franchisor of boutique fitness and wellness concepts. Founded in 2017, the company supports a portfolio of specialized studio brands that offer focused, instructor-led experiences rather than traditional full-service gym memberships.

Its brand portfolio has included Club Pilates, CycleBar, StretchLab, YogaSix, Pure Barre, AKT, Rumble, BFT and Lindora. These concepts cover Pilates, indoor cycling, assisted stretching, yoga, barre, dance-based fitness, boxing-inspired workouts, group training and weight-management or metabolic-health services.