Shares of Xponential Fitness, Inc. (NYSE:XPOF – Get Rating) have earned an average recommendation of “Buy” from the eleven analysts that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation, eight have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $24.83.
Several equities research analysts recently issued reports on the stock. Raymond James dropped their price target on shares of Xponential Fitness from $28.00 to $27.00 and set a “strong-buy” rating on the stock in a research note on Friday, March 4th. Robert W. Baird boosted their target price on shares of Xponential Fitness from $26.00 to $28.00 in a research report on Monday, March 14th. Zacks Investment Research downgraded shares of Xponential Fitness from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 9th. Finally, Evercore ISI began coverage on shares of Xponential Fitness in a research report on Monday, March 14th. They issued an “outperform” rating and a $34.00 target price for the company.
NYSE:XPOF opened at $16.40 on Thursday. The firm has a market capitalization of $768.93 million and a price-to-earnings ratio of -3.51. The firm’s fifty day simple moving average is $21.30 and its 200 day simple moving average is $20.03. Xponential Fitness has a twelve month low of $9.87 and a twelve month high of $26.90.
Xponential Fitness (NYSE:XPOF – Get Rating) last posted its earnings results on Thursday, May 12th. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.34). Xponential Fitness had a negative net margin of 17.11% and a negative return on equity of 26.63%. Equities research analysts forecast that Xponential Fitness will post 0.79 EPS for the current year.
In related news, Director Mark Grabowski sold 5,175,000 shares of the business’s stock in a transaction that occurred on Monday, April 11th. The shares were sold at an average price of $20.00, for a total value of $103,500,000.00. Following the sale, the director now directly owns 6,122 shares in the company, valued at approximately $122,440. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 69.33% of the stock is owned by insiders.
Hedge funds have recently added to or reduced their stakes in the company. Panagora Asset Management Inc. acquired a new stake in shares of Xponential Fitness during the fourth quarter valued at approximately $971,000. Brown Advisory Inc. acquired a new stake in shares of Xponential Fitness during the fourth quarter valued at approximately $238,000. Geode Capital Management LLC acquired a new stake in shares of Xponential Fitness during the third quarter valued at approximately $1,037,000. Russell Investments Group Ltd. acquired a new position in Xponential Fitness in the 4th quarter valued at approximately $825,000. Finally, Deutsche Bank AG acquired a new position in Xponential Fitness in the 3rd quarter valued at approximately $68,000. Institutional investors and hedge funds own 60.65% of the company’s stock.
Xponential Fitness Company Profile (Get Rating)
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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