Xponential Fitness (NYSE:XPOF) Rating Reiterated by Piper Sandler

Xponential Fitness (NYSE:XPOF)‘s stock had its “neutral” rating reaffirmed by research analysts at Piper Sandler in a report released on Friday, Benzinga reports. They presently have a $13.00 price objective on the stock, down from their previous price objective of $14.00. Piper Sandler’s price objective suggests a potential downside of 7.67% from the company’s current price.

Several other equities research analysts have also recently weighed in on XPOF. Roth Capital raised Xponential Fitness to a “strong-buy” rating in a research note on Monday, June 17th. Stifel Nicolaus restated a “buy” rating and issued a $20.00 target price on shares of Xponential Fitness in a report on Friday, April 12th. Roth Mkm initiated coverage on shares of Xponential Fitness in a research note on Monday, June 17th. They issued a “buy” rating and a $22.00 price target for the company. B. Riley increased 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, May 3rd. Finally, Guggenheim increased their price objective on Xponential Fitness from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday, June 18th. Three research analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Xponential Fitness currently has a consensus rating of “Moderate Buy” and an average target price of $21.45.

Xponential Fitness Trading Down 17.3 %

XPOF traded down $2.95 during trading on Friday, reaching $14.08. 1,262,748 shares of the company’s stock were exchanged, compared to its average volume of 765,931. Xponential Fitness has a one year low of $7.40 and a one year high of $24.00. The firm has a fifty day moving average price of $14.56 and a two-hundred day moving average price of $13.15. The stock has a market capitalization of $676.83 million, a PE ratio of -24.70 and a beta of 1.23.

Xponential Fitness (NYSE:XPOF) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.02). The business had revenue of $79.52 million during the quarter, compared to the consensus estimate of $78.77 million. Xponential Fitness had a negative return on equity of 7.65% and a net margin of 1.90%. The business’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.02) EPS. Sell-side analysts expect that Xponential Fitness will post 0.95 earnings per share for the current year.

Institutional Trading of Xponential Fitness

A number of large investors have recently modified their holdings of XPOF. Voss Capital LLC bought a new position in shares of Xponential Fitness during the 4th quarter worth approximately $29,776,000. Kent Lake Capital LLC lifted its holdings in shares of Xponential Fitness by 276.0% during the first quarter. Kent Lake Capital LLC now owns 882,443 shares of the company’s stock worth $14,596,000 after purchasing an additional 647,743 shares during the period. Los Angeles Capital Management LLC boosted its position in Xponential Fitness by 204.7% in the fourth quarter. Los Angeles Capital Management LLC now owns 221,151 shares of the company’s stock valued at $2,851,000 after buying an additional 148,576 shares during the last quarter. Nut Tree Capital Management LP acquired a new position in Xponential Fitness in the 4th quarter worth approximately $1,849,000. Finally, Trexquant Investment LP raised its position in Xponential Fitness by 346.2% during the 4th quarter. Trexquant Investment LP now owns 172,285 shares of the company’s stock worth $2,221,000 after buying an additional 133,677 shares during the last quarter. Hedge funds and other institutional investors own 58.55% 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.