Brokerages Set Xponential Fitness, Inc. (NYSE:XPOF) Target Price at $18.25

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have been given an average recommendation of “Moderate Buy” by the eleven brokerages that are currently covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $18.25.

A number of brokerages recently issued reports on XPOF. B. Riley boosted their price objective on Xponential Fitness from $9.00 to $12.00 and gave the company a “neutral” rating in a research note on Monday, August 5th. Guggenheim upped their price target on shares of Xponential Fitness from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Tuesday, June 18th. Piper Sandler restated a “neutral” rating and set a $13.00 price objective (down from $14.00) on shares of Xponential Fitness in a research report on Friday, August 2nd. Roth Capital raised shares of Xponential Fitness to a “strong-buy” rating in a report on Monday, June 17th. Finally, Raymond James cut their price target on Xponential Fitness from $30.00 to $20.00 and set a “strong-buy” rating for the company in a research note on Friday, August 2nd.

Insider Buying and Selling at Xponential Fitness

In other news, President Sarah Luna sold 14,400 shares of Xponential Fitness stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $13.85, for a total value of $199,440.00. Following the sale, the president now directly owns 290,297 shares of the company’s stock, valued at $4,020,613.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 47.83% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of XPOF. Quest Partners LLC bought a new position in Xponential Fitness during the fourth quarter valued at $174,000. CenterBook Partners LP bought a new position in shares of Xponential Fitness in the 4th quarter valued at about $1,351,000. Trexquant Investment LP grew its position in Xponential Fitness by 346.2% in the fourth quarter. Trexquant Investment LP now owns 172,285 shares of the company’s stock worth $2,221,000 after acquiring an additional 133,677 shares in the last quarter. Panagora Asset Management Inc. bought a new stake in Xponential Fitness during the fourth quarter worth approximately $347,000. Finally, 1492 Capital Management LLC bought a new stake in Xponential Fitness during the fourth quarter worth approximately $1,217,000. 58.55% of the stock is owned by hedge funds and other institutional investors.

Xponential Fitness Trading Down 5.3 %

XPOF opened at $12.73 on Monday. The firm’s 50 day simple moving average is $14.69 and its two-hundred day simple moving average is $13.76. The company has a market capitalization of $611.96 million, a PE ratio of -22.33 and a beta of 1.19. Xponential Fitness has a 1-year low of $7.40 and a 1-year high of $18.95.

Xponential Fitness (NYSE:XPOF) last announced its earnings results on Thursday, August 1st. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.22). Xponential Fitness had a negative return on equity of 9.35% and a negative net margin of 6.51%. The company had revenue of $76.50 million during the quarter, compared to the consensus estimate of $83.63 million. During the same period in the prior year, the business posted $0.07 earnings per share. Xponential Fitness’s revenue for the quarter was down 1.0% compared to the same quarter last year. Equities analysts forecast that Xponential Fitness will post 0.79 earnings per share 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.