Xponential Fitness, Inc. (NYSE:XPOF – Get Rating) has earned a consensus rating of “Buy” from the eight brokerages that are covering the stock, MarketBeat reports. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $30.13.
XPOF has been the topic of a number of recent research reports. Raymond James increased their price objective on shares of Xponential Fitness from $29.00 to $30.00 and gave the company a “strong-buy” rating in a research note on Friday, November 11th. Morgan Stanley raised their target price on shares of Xponential Fitness from $25.00 to $26.00 and gave the company an “overweight” rating in a research note on Friday, November 11th. Guggenheim raised their target price on shares of Xponential Fitness to $26.00 in a research note on Wednesday, November 16th. Piper Sandler raised their target price on shares of Xponential Fitness from $34.00 to $36.00 and gave the company an “overweight” rating in a research note on Friday, November 11th. Finally, Citigroup started coverage on shares of Xponential Fitness in a research note on Tuesday, December 6th. They issued a “buy” rating and a $29.00 target price for the company.
In other news, EVP Megan Moen sold 10,000 shares of Xponential Fitness stock in a transaction on Tuesday, October 4th. The shares were sold at an average price of $20.09, for a total transaction of $200,900.00. Following the completion of the sale, the executive vice president now directly owns 59,159 shares in the company, valued at $1,188,504.31. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders sold 25,933 shares of company stock worth $546,958. Company insiders own 69.33% of the company’s stock.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Amalgamated Bank acquired a new stake in shares of Xponential Fitness during the first quarter worth $32,000. Macquarie Group Ltd. raised its holdings in shares of Xponential Fitness by 133.2% during the second quarter. Macquarie Group Ltd. now owns 2,696 shares of the company’s stock worth $34,000 after purchasing an additional 1,540 shares during the last quarter. Point72 Hong Kong Ltd purchased a new position in shares of Xponential Fitness during the second quarter worth $34,000. Hillsdale Investment Management Inc. purchased a new position in shares of Xponential Fitness during the third quarter worth $82,000. Finally, American International Group Inc. raised its holdings in shares of Xponential Fitness by 29.8% during the second quarter. American International Group Inc. now owns 7,939 shares of the company’s stock worth $100,000 after purchasing an additional 1,824 shares during the last quarter. 28.77% of the stock is currently owned by institutional investors and hedge funds.
NYSE XPOF opened at $22.93 on Friday. The firm’s 50 day moving average price is $21.10 and its 200-day moving average price is $18.19. Xponential Fitness has a 52-week low of $11.20 and a 52-week high of $26.90. The company has a market cap of $1.13 billion, a PE ratio of -4.60, a P/E/G ratio of 9.59 and a beta of 1.37.
Xponential Fitness (NYSE:XPOF – Get Rating) last released its quarterly earnings data on Thursday, November 10th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.02). Xponential Fitness had a negative net margin of 5.65% and a negative return on equity of 28.11%. The business had revenue of $63.76 million for the quarter, compared to the consensus estimate of $55.15 million. On average, analysts forecast that Xponential Fitness will post 0.1 earnings per share for the current fiscal year.
Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in the United States and internationally. The company offers fitness and wellness services, including pilates, barre, cycling, stretching, rowing, yoga, boxing, dancing, running, and functional training under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands.
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