Xponential Fitness (NYSE:XPOF – Get Rating) will be issuing its quarterly earnings data after the market closes on Thursday, May 12th. Analysts expect the company to announce earnings of $0.15 per share for the quarter. Xponential Fitness has set its FY 2022 guidance at EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.
Xponential Fitness (NYSE:XPOF – Get Rating) last announced its quarterly earnings data on Thursday, March 3rd. The company reported ($0.21) EPS for the quarter, hitting the consensus estimate of ($0.21). The company had revenue of $49.37 million for the quarter, compared to analyst estimates of $42.58 million. On average, analysts expect Xponential Fitness to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Xponential Fitness stock opened at $21.20 on Thursday. Xponential Fitness has a 12-month low of $9.87 and a 12-month high of $26.90. The company’s fifty day moving average is $22.04.
Several research firms have weighed in on XPOF. Evercore ISI started coverage on shares of Xponential Fitness in a research note on Monday, March 14th. They issued an “outperform” rating and a $34.00 price target for the company. Robert W. Baird boosted their target price on Xponential Fitness from $26.00 to $28.00 in a research report on Monday, March 14th. Raymond James cut their price target on Xponential Fitness from $28.00 to $27.00 and set a “strong-buy” rating on the stock in a report on Friday, March 4th. Finally, Zacks Investment Research downgraded Xponential Fitness from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 9th. One equities research analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $24.15.
In related news, Director Mark Grabowski sold 5,175,000 shares of the stock in a transaction on Monday, April 11th. The stock was sold at an average price of $20.00, for a total value of $103,500,000.00. Following the completion of the sale, the director now directly owns 6,122 shares of the company’s stock, valued at approximately $122,440. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 69.33% of the stock is owned by company insiders.
Several hedge funds have recently made changes to their positions in XPOF. Citigroup Inc. lifted its position in shares of Xponential Fitness by 119.8% during the fourth quarter. Citigroup Inc. now owns 2,372 shares of the company’s stock valued at $48,000 after purchasing an additional 1,293 shares in the last quarter. American International Group Inc. purchased a new stake in Xponential Fitness in the 3rd quarter valued at about $64,000. California State Teachers Retirement System bought a new position in shares of Xponential Fitness during the 3rd quarter worth approximately $64,000. Morgan Stanley purchased a new position in shares of Xponential Fitness in the 3rd quarter worth approximately $91,000. Finally, Wells Fargo & Company MN grew its holdings in shares of Xponential Fitness by 848.4% in the fourth quarter. Wells Fargo & Company MN now owns 5,776 shares of the company’s stock valued at $118,000 after acquiring an additional 5,167 shares in the last quarter. Institutional investors own 60.65% of the company’s stock.
About Xponential Fitness (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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