Xponential Fitness, Inc. (NYSE:XPOF – Get Free Report) has been assigned a consensus rating of “Hold” from the eleven research firms that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $8.4375.
A number of research analysts have weighed in on XPOF shares. Weiss Ratings lowered Xponential Fitness from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, June 5th. KeyCorp started coverage on shares of Xponential Fitness in a research note on Thursday, March 12th. They set a “sector weight” rating on the stock. Raymond James Financial reaffirmed a “market perform” rating on shares of Xponential Fitness in a research note on Thursday, March 19th. Wall Street Zen cut shares of Xponential Fitness from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, Northland Securities raised shares of Xponential Fitness from a “market perform” rating to an “outperform” rating and set a $8.00 target price on the stock in a research note on Wednesday, May 20th.
View Our Latest Report on Xponential Fitness
Xponential Fitness Price Performance
Xponential Fitness (NYSE:XPOF – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.15). The business had revenue of $60.71 million for the quarter, compared to analyst estimates of $63.75 million. Xponential Fitness had a negative return on equity of 3.40% and a negative net margin of 11.28%.The company’s quarterly revenue was down 21.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.20 earnings per share. Analysts anticipate that Xponential Fitness will post 0.4 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Xponential Fitness
Several institutional investors and hedge funds have recently added to or reduced their stakes in XPOF. Voss Capital LP boosted its stake in Xponential Fitness by 86.7% during the 4th quarter. Voss Capital LP now owns 6,033,653 shares of the company’s stock worth $49,657,000 after purchasing an additional 2,801,153 shares during the last quarter. Citizens Business Bank acquired a new stake in Xponential Fitness during the 1st quarter worth $12,040,000. Hudson Bay Capital Management LP acquired a new stake in Xponential Fitness during the 4th quarter worth $6,172,000. Kanen Wealth Management LLC grew its holdings in Xponential Fitness by 426.2% in the 1st quarter. Kanen Wealth Management LLC now owns 845,922 shares of the company’s stock valued at $5,092,000 after buying an additional 685,149 shares in the last quarter. Finally, CenterBook Partners LP purchased a new stake in Xponential Fitness in the 4th quarter valued at $4,253,000. Institutional investors and hedge funds own 58.55% of the company’s stock.
About Xponential Fitness
Xponential Fitness is a leading franchisor and operator of boutique fitness studios headquartered in Irvine, California. The company specializes in developing, marketing, and supporting a portfolio of fitness brands that deliver low-impact cardio, strength training, and mindful movement workouts. Through its asset-light franchise model, Xponential provides entrepreneurs with proprietary studio designs, branded equipment, digital support, and comprehensive training programs to ensure consistent member experiences.
Its portfolio comprises core brands such as Club Pilates, Pure Barre, CycleBar, StretchLab, YogaSix, Row House, Rumble, AKT, and STRIDE.
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