Xponential Fitness, Inc. (NYSE:XPOF – Get Rating ) has received an average recommendation of “Buy” from the eight analysts that are covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a “buy” rating and one has issued a strong “buy” rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $30.63.
XPOF has been the subject of several recent analyst reports. B. Riley boosted their price objective on shares of Xponential Fitness from $30.00 to $32.00 and gave the stock a “buy” rating in a research note on Friday, January 13th. Piper Sandler boosted their price objective on shares of Xponential Fitness from $34.00 to $36.00 and gave the stock an “overweight” rating in a research note on Friday, November 11th. Guggenheim boosted their price objective on shares of Xponential Fitness to $26.00 in a research note on Wednesday, November 16th. Robert W. Baird boosted their price objective on shares of Xponential Fitness from $30.00 to $32.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 10th. Finally, Raymond James boosted 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.
Insider Buying and Selling at Xponential Fitness
In other news, EVP Megan Moen sold 5,285 shares of the stock in a transaction on Friday, November 11th. The shares were sold at an average price of $21.29, for a total value of $112,517.65. Following the sale, the executive vice president now owns 53,874 shares in the company, valued at $1,146,977.46. The transaction was disclosed in a filing with the Securities and Exchange Commission, which can be accessed via this hyperlink. In the last quarter, insiders sold 15,933 shares of company stock valued at $346,058. 69.33% of shares are owned by corporate insiders.
Xponential Fitness Institutional Trading
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Macquarie Group Ltd. raised its stake in shares of Xponential Fitness by 23.1% during the third quarter. Macquarie Group Ltd. now owns 3,320 shares of the company’s stock valued at $61,000 after acquiring an additional 624 shares during the period. American International Group Inc. grew its stake in shares of Xponential Fitness by 23.9% in the first quarter. American International Group Inc. now owns 6,115 shares of the company’s stock valued at $143,000 after acquiring an additional 1,181 shares during the period. Brown Advisory Inc. boosted its holdings in Xponential Fitness by 12.2% in the second quarter. Brown Advisory Inc. now owns 11,802 shares of the company’s stock valued at $148,000 after buying an additional 1,279 shares in the last quarter. Amalgamated Bank purchased a new stake in Xponential Fitness in the first quarter valued at $32,000. Finally, MetLife Investment Management LLC raised its holdings in Xponential Fitness by 27.3% in the third quarter. MetLife Investment Management LLC now owns 10,430 shares of the company’s stock valued at $190,000 after purchasing an additional 2,234 shares in the last quarter. Institutional investors and hedge funds own 28.77% of the company’s shares.
Xponential Fitness Stock Performance
Shares of XPOF stock opened at $23.82 on Wednesday. The company has a 50-day moving average of $22.89 and a 200-day moving average of $19.66. Xponential Fitness has a fifty-two week low of $11.20 and a fifty-two week high of $26.90. The stock has a market cap of $1.17 billion, a PE ratio of -4.77, a PEG ratio of 1.03 and a beta of 1.32.
Xponential Fitness (NYSE:XPOF – Get Rating ) last announced its quarterly earnings results on Thursday, November 10th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.02). Xponential Fitness had a negative return on equity of 28.11% and a negative net margin of 5.65%. The business had revenue of $63.76 million during the quarter, compared to analysts’ expectations of $55.15 million. equities analysts predict that Xponential Fitness will post 0.06 EPS for the current year.
About Xponential Fitness
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, dance, running and functional training under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT brands , Stride and BFT.
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