Xponential Fitness Inc (NYSE:XPOF) Short Interest Update

Xponential Fitness Inc (NYSE:XPOF) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 50,600 shares, a decline of 46.8% from the August 15th total of 95,100 shares. Based on an average daily volume of 264,900 shares, the short-interest ratio is currently 0.2 days. Currently, 0.5% of the shares of the company are sold short.

NYSE:XPOF traded down $0.98 on Friday, hitting $11.21. The stock had a trading volume of 1,198,294 shares, compared to its average volume of 185,415. Xponential Fitness has a 1-year low of $10.25 and a 1-year high of $13.10.

Xponential Fitness (NYSE:XPOF) last issued its quarterly earnings data on Monday, August 23rd. The company reported ($0.33) EPS for the quarter, topping the consensus estimate of ($0.37) by $0.04. Equities analysts expect that Xponential Fitness will post -1.05 EPS for the current fiscal year.

A number of analysts have recently commented on XPOF shares. Jefferies Financial Group started coverage on shares of Xponential Fitness in a research note on Tuesday, August 17th. They set a “buy” rating and a $18.00 target price for the company. Piper Sandler started coverage on shares of Xponential Fitness in a research note on Tuesday, August 17th. They set an “overweight” rating and a $20.00 price objective for the company. Raymond James started coverage on shares of Xponential Fitness in a research note on Tuesday, August 17th. They set a “market perform” rating for the company. Robert W. Baird started coverage on shares of Xponential Fitness in a research note on Tuesday, August 17th. They set an “outperform” rating and a $16.00 price objective for the company. Finally, Morgan Stanley started coverage on shares of Xponential Fitness in a research note on Tuesday, August 17th. They set an “overweight” rating and a $17.00 price objective for the company. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Xponential Fitness presently has an average rating of “Buy” and a consensus price target of $17.25.

In other news, CFO John P. Meloun acquired 9,975 shares of the firm’s stock in a transaction on Friday, September 10th. The stock was acquired at an average price of $10.99 per share, for a total transaction of $109,625.25. Following the completion of the transaction, the chief financial officer now owns 79,689 shares in the company, valued at approximately $875,782.11. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Anthony Geisler acquired 18,501 shares of the firm’s stock in a transaction on Tuesday, September 14th. The stock was purchased at an average price of $10.86 per share, with a total value of $200,920.86. The disclosure for this purchase can be found here.

Xponential Fitness Company Profile

Xponential Fitness Inc is a curator of boutique fitness brands across multiple verticals. The company built and curated a diversified platform of boutique fitness brands spanning across verticals including Pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running and yoga. Its portfolio of brands includes Club Pilates, CycleBar, StretchLab, Row House, AKT, YogaSix and STRIDE.

Featured Article: Investing in Growth Stocks

Receive News & Ratings for Xponential Fitness Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xponential Fitness and related companies with MarketBeat.com's FREE daily email newsletter.