Shares of Xponential Fitness, Inc. (NYSE:XPOF – Get Rating) have earned an average rating of “Buy” from the seven analysts that are covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $29.14.
Several research firms have recently weighed in on XPOF. B. Riley began coverage on Xponential Fitness in a research report on Thursday, September 15th. They set a “buy” rating and a $29.00 price objective for the company. Raymond James upped their price objective on Xponential Fitness from $27.00 to $29.00 and gave the stock a “strong-buy” rating in a research report on Friday, August 12th.
Xponential Fitness Trading Up 1.7 %
NYSE:XPOF opened at $20.01 on Wednesday. Xponential Fitness has a 1 year low of $11.20 and a 1 year high of $26.90. The stock has a market cap of $978.47 million, a price-to-earnings ratio of -5.21, a PEG ratio of 15.58 and a beta of 1.57. The stock has a 50-day moving average price of $19.06 and a two-hundred day moving average price of $17.42.
Xponential Fitness (NYSE:XPOF – Get Rating) last posted its earnings results on Thursday, August 11th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.28). Xponential Fitness had a negative net margin of 4.75% and a negative return on equity of 17.58%. The business had revenue of $59.56 million during the quarter, compared to analyst estimates of $49.22 million. Sell-side analysts forecast that Xponential Fitness will post 0.05 earnings per share for the current year.
Insider Buying and Selling
In related news, EVP Megan Moen sold 10,000 shares of the company’s stock in a transaction dated Tuesday, October 4th. The stock was sold at an average price of $20.09, for a total transaction of $200,900.00. Following the sale, the executive vice president now owns 59,159 shares in the company, valued at $1,188,504.31. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 69.33% of the stock is currently owned by corporate insiders.
Institutional Trading of Xponential Fitness
Several institutional investors and hedge funds have recently bought and sold shares of the business. Amalgamated Bank bought a new stake in Xponential Fitness in the first quarter valued at approximately $32,000. Macquarie Group Ltd. raised its stake in Xponential Fitness by 133.2% in the second quarter. Macquarie Group Ltd. now owns 2,696 shares of the company’s stock valued at $34,000 after buying an additional 1,540 shares during the period. Point72 Hong Kong Ltd bought a new stake in Xponential Fitness in the second quarter valued at approximately $34,000. American International Group Inc. raised its stake in Xponential Fitness by 29.8% in the second quarter. American International Group Inc. now owns 7,939 shares of the company’s stock valued at $100,000 after buying an additional 1,824 shares during the period. Finally, Verition Fund Management LLC bought a new stake in Xponential Fitness in the second quarter valued at approximately $132,000. Institutional investors own 66.57% of the company’s stock.
Xponential Fitness Company Profile
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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