Xponential Fitness, Inc. (NYSE:XPOF) Receives $17.17 Average PT from Analysts

Xponential Fitness, Inc. (NYSE:XPOF) has earned an average recommendation of “Moderate Buy” from the ten brokerages that are covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $17.17.

Several equities research analysts have recently weighed in on the company. Stifel Nicolaus raised their price objective on Xponential Fitness from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Monday. Roth Mkm dropped their price target on shares of Xponential Fitness from $22.00 to $19.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Robert W. Baird reduced their target price on shares of Xponential Fitness from $16.00 to $15.00 and set a “neutral” rating on the stock in a research note on Friday, August 2nd. Piper Sandler cut their price objective on Xponential Fitness from $13.00 to $12.00 and set a “neutral” rating for the company in a research report on Friday, November 8th. Finally, Raymond James decreased their price target on shares of Xponential Fitness from $30.00 to $20.00 and set a “strong-buy” rating on the stock in a research note on Friday, August 2nd.

Xponential Fitness Trading Down 2.9 %

Shares of NYSE:XPOF opened at $15.05 on Friday. The firm’s 50 day moving average is $12.90 and its two-hundred day moving average is $13.29. The firm has a market capitalization of $724.96 million, a P/E ratio of -12.97 and a beta of 1.18. Xponential Fitness has a 52 week low of $7.40 and a 52 week high of $18.95.

Insider Buying and Selling

In related news, insider Andrew Hagopian sold 26,740 shares of the firm’s stock in a transaction dated Thursday, October 10th. The shares were sold at an average price of $12.18, for a total value of $325,693.20. Following the completion of the sale, the insider now directly owns 255,764 shares in the company, valued at approximately $3,115,205.52. This trade represents a 9.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, President Sarah Luna sold 14,400 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $13.85, for a total value of $199,440.00. Following the transaction, the president now directly owns 290,297 shares in the company, valued at $4,020,613.45. The trade was a 4.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 47.83% of the stock is owned by company insiders.

Institutional Investors Weigh In On Xponential Fitness

Several institutional investors have recently made changes to their positions in the stock. Wasatch Advisors LP boosted its position in shares of Xponential Fitness by 96.2% during the 3rd quarter. Wasatch Advisors LP now owns 1,152,972 shares of the company’s stock worth $14,297,000 after acquiring an additional 565,451 shares in the last quarter. Verition Fund Management LLC raised its position in shares of Xponential Fitness by 276.5% during the third quarter. Verition Fund Management LLC now owns 692,729 shares of the company’s stock worth $8,590,000 after acquiring an additional 508,715 shares during the last quarter. Rockefeller Capital Management L.P. acquired a new position in Xponential Fitness in the third quarter valued at $3,171,000. Dynamic Technology Lab Private Ltd acquired a new position in Xponential Fitness in the third quarter valued at approximately $702,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in Xponential Fitness by 1.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 195,380 shares of the company’s stock worth $2,423,000 after acquiring an additional 2,670 shares in the last quarter. 58.55% of the stock is currently owned by institutional investors.

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.