B. Riley Has Lowered Expectations for Xponential Fitness (NYSE:XPOF) Stock Price

Xponential Fitness (NYSE:XPOF - Free Report) had its price target decreased by B. Riley from $12.00 to $9.00 in a research report report published on Friday,Benzinga reports. B. Riley currently has a neutral rating on the stock.

A number of other research analysts have also commented on the company. Northland Securities started coverage on Xponential Fitness in a report on Thursday, January 23rd. They set a "market perform" rating and a $17.50 price target on the stock. Piper Sandler lowered their price target on Xponential Fitness from $16.00 to $9.00 and set a "neutral" rating on the stock in a report on Friday. Stifel Nicolaus lowered Xponential Fitness from a "buy" rating to a "hold" rating and lowered their price target for the company from $20.00 to $12.00 in a report on Friday. Finally, Northland Capmk raised Xponential Fitness to a "hold" rating in a report on Thursday, January 23rd. Six equities research analysts have rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Xponential Fitness presently has an average rating of "Moderate Buy" and an average target price of $15.28.

Xponential Fitness Stock Down 1.3 %

XPOF stock traded down $0.12 during mid-day trading on Friday, reaching $9.07. The company had a trading volume of 919,863 shares, compared to its average volume of 615,995. The stock has a market capitalization of $437.91 million, a P/E ratio of -7.82 and a beta of 1.38. Xponential Fitness has a one year low of $7.22 and a one year high of $18.95. The stock's 50-day simple moving average is $15.11 and its two-hundred day simple moving average is $14.14.

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Xponential Fitness (NYSE:XPOF - Get Free Report) last issued its quarterly earnings results on Thursday, March 13th. The company reported ($0.19) EPS for the quarter, missing analysts' consensus estimates of $0.44 by ($0.63). The business had revenue of $83.22 million for the quarter, compared to analyst estimates of $81.12 million. Xponential Fitness had a negative net margin of 9.15% and a negative return on equity of 4.37%. Xponential Fitness's revenue for the quarter was down 6.8% on a year-over-year basis. During the same period last year, the business posted $0.08 earnings per share. On average, research analysts forecast that Xponential Fitness will post 0.61 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Nut Tree Capital Management LP increased its stake in Xponential Fitness by 5.0% in the 4th quarter. Nut Tree Capital Management LP now owns 3,151,722 shares of the company's stock worth $42,391,000 after purchasing an additional 150,000 shares in the last quarter. Voss Capital LP increased its stake in Xponential Fitness by 3.6% in the 4th quarter. Voss Capital LP now owns 2,940,000 shares of the company's stock worth $39,543,000 after purchasing an additional 101,912 shares in the last quarter. Ameriprise Financial Inc. increased its stake in Xponential Fitness by 5.7% in the 4th quarter. Ameriprise Financial Inc. now owns 1,711,592 shares of the company's stock worth $23,021,000 after purchasing an additional 92,477 shares in the last quarter. Wasatch Advisors LP increased its stake in Xponential Fitness by 96.2% in the 3rd quarter. Wasatch Advisors LP now owns 1,152,972 shares of the company's stock worth $14,297,000 after purchasing an additional 565,451 shares in the last quarter. Finally, Verition Fund Management LLC increased its stake in Xponential Fitness by 276.5% in the 3rd quarter. Verition Fund Management LLC now owns 692,729 shares of the company's stock worth $8,590,000 after purchasing an additional 508,715 shares in the last quarter. 58.55% of the stock is owned by institutional investors and hedge funds.

About Xponential Fitness

Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in North America. It offers pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training, and yoga services under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands.