Analysts Set Xponential Fitness, Inc. (NYSE:XPOF) PT at $17.17

Xponential Fitness, Inc. (NYSE:XPOF) has earned a consensus recommendation of “Moderate Buy” from the ten analysts that are presently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $17.17.

Several brokerages have commented on XPOF. Piper Sandler cut their target price on Xponential Fitness from $13.00 to $12.00 and set a “neutral” rating for the company in a research note on Friday, November 8th. Stifel Nicolaus boosted their price objective on shares of Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Monday, November 11th.

Xponential Fitness Price Performance

NYSE:XPOF opened at $15.26 on Friday. Xponential Fitness has a 1 year low of $7.40 and a 1 year high of $18.95. The stock’s fifty day moving average price is $14.31 and its two-hundred day moving average price is $14.31. The company has a market cap of $737.10 million, a P/E ratio of -13.16 and a beta of 1.26.

Insider Transactions at Xponential Fitness

In related news, insider Andrew Hagopian sold 26,740 shares of the stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of $12.18, for a total transaction of $325,693.20. Following the completion of the sale, the insider now directly owns 255,764 shares in the company, valued at $3,115,205.52. This represents a 9.47 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Mark Grabowski sold 2,595,598 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $15.35, for a total transaction of $39,842,429.30. Following the transaction, the director now directly owns 30,546 shares of the company’s stock, valued at approximately $468,881.10. This trade represents a 98.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 47.83% of the stock is currently owned by insiders.

Institutional Trading of Xponential Fitness

Institutional investors and hedge funds have recently bought and sold shares of the stock. Wasatch Advisors LP increased its stake in Xponential Fitness by 96.2% during the 3rd quarter. Wasatch Advisors LP now owns 1,152,972 shares of the company’s stock valued at $14,297,000 after purchasing an additional 565,451 shares in the last quarter. Verition Fund Management LLC boosted its position in Xponential Fitness by 276.5% in the third quarter. Verition Fund Management LLC now owns 692,729 shares of the company’s stock worth $8,590,000 after purchasing an additional 508,715 shares during the last quarter. State Street Corp boosted its holdings in shares of Xponential Fitness by 0.4% in the third quarter. State Street Corp now owns 541,092 shares of the company’s stock worth $6,710,000 after buying an additional 1,977 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Xponential Fitness by 0.7% during the 3rd quarter. Geode Capital Management LLC now owns 538,436 shares of the company’s stock valued at $6,678,000 after acquiring an additional 3,658 shares during the period. Finally, Rockefeller Capital Management L.P. bought a new position in Xponential Fitness in the 3rd quarter worth approximately $3,171,000. 58.55% of the stock is currently owned by hedge funds and other 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.