Xponential Fitness, Inc. (NYSE:XPOF) Receives $23.06 Average PT from Analysts

Xponential Fitness, Inc. (NYSE:XPOF) has been assigned an average recommendation of “Moderate Buy” from the eight brokerages that are currently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $23.06.

Several brokerages have recently commented on XPOF. Bank of America increased their price objective on Xponential Fitness from $13.00 to $15.50 and gave the company a “neutral” rating in a research report on Wednesday, March 13th. Robert W. Baird reduced their price objective on Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating on the stock in a research report on Friday, March 1st. Citigroup reduced their price objective on Xponential Fitness from $23.00 to $21.00 and set a “buy” rating on the stock in a research report on Monday, March 4th. Piper Sandler reiterated a “neutral” rating and set a $13.00 price objective (down from $21.00) on shares of Xponential Fitness in a research report on Wednesday, January 3rd. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $20.00 price objective on shares of Xponential Fitness in a research report on Friday, April 12th.

Insider Buying and Selling

In other Xponential Fitness news, President Sarah Luna sold 5,399 shares of the stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $10.01, for a total value of $54,043.99. Following the completion of the sale, the president now owns 265,247 shares in the company, valued at approximately $2,655,122.47. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other news, CEO Anthony Geisler sold 17,901 shares of the firm’s stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $9.93, for a total value of $177,756.93. Following the completion of the transaction, the chief executive officer now owns 394,011 shares in the company, valued at approximately $3,912,529.23. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, President Sarah Luna sold 5,399 shares of the firm’s stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $10.01, for a total value of $54,043.99. Following the completion of the transaction, the president now owns 265,247 shares of the company’s stock, valued at approximately $2,655,122.47. The disclosure for this sale can be found here. Insiders have sold a total of 35,632 shares of company stock worth $356,848 in the last ninety days. 47.86% of the stock is owned by insiders.

Institutional Trading of Xponential Fitness

A number of institutional investors and hedge funds have recently modified their holdings of XPOF. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Xponential Fitness by 39.5% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,645 shares of the company’s stock worth $87,000 after purchasing an additional 1,598 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Xponential Fitness in the fourth quarter worth $143,000. Quest Partners LLC bought a new stake in shares of Xponential Fitness in the fourth quarter worth $174,000. Harbor Capital Advisors Inc. grew its holdings in shares of Xponential Fitness by 15.5% in the third quarter. Harbor Capital Advisors Inc. now owns 11,916 shares of the company’s stock worth $185,000 after acquiring an additional 1,602 shares during the period. Finally, Versor Investments LP bought a new stake in shares of Xponential Fitness in the fourth quarter worth $240,000. Institutional investors own 58.55% of the company’s stock.

Xponential Fitness Stock Down 0.9 %

Shares of NYSE XPOF opened at $12.59 on Friday. The firm has a market capitalization of $597.90 million, a P/E ratio of -7.63 and a beta of 1.08. The stock’s 50-day simple moving average is $13.51 and its two-hundred day simple moving average is $13.01. Xponential Fitness has a twelve month low of $8.30 and a twelve month high of $33.58.

Xponential Fitness (NYSE:XPOF) last announced its earnings results on Thursday, February 29th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03). The business had revenue of $90.20 million during the quarter, compared to the consensus estimate of $81.71 million. Xponential Fitness had a negative return on equity of 16.60% and a negative net margin of 0.28%. Xponential Fitness’s revenue was up 26.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.11 earnings per share. As a group, research analysts anticipate that Xponential Fitness will post 1.11 EPS 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.