Xponential Fitness, Inc. (NYSE:XPOF) Given Consensus Rating of "Moderate Buy" by Brokerages

Shares of Xponential Fitness, Inc. (NYSE:XPOF - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the twelve ratings firms that are currently covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $17.60.

XPOF has been the subject of several analyst reports. Piper Sandler lifted their price target on shares of Xponential Fitness from $12.00 to $16.00 and gave the stock a "neutral" rating in a research report on Monday, January 6th. Northland Capmk upgraded Xponential Fitness to a "hold" rating in a report on Thursday, January 23rd. Northland Securities began coverage on shares of Xponential Fitness in a research report on Thursday, January 23rd. They set a "market perform" rating and a $17.50 price target on the stock. Finally, Stifel Nicolaus raised their price objective on Xponential Fitness from $18.00 to $20.00 and gave the stock a "buy" rating in a research note on Monday, November 11th.

Insider Buying and Selling

In other Xponential Fitness news, Director Mark Grabowski sold 2,595,598 shares of the company's stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $15.35, for a total transaction of $39,842,429.30. Following the sale, the director now directly owns 30,546 shares of the company's stock, valued at approximately $468,881.10. This represents a 98.84 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 47.83% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. SG Americas Securities LLC bought a new position in Xponential Fitness during the third quarter worth about $107,000. Olympiad Research LP bought a new position in shares of Xponential Fitness during the 3rd quarter worth approximately $246,000. Mutual of America Capital Management LLC acquired a new position in shares of Xponential Fitness during the 3rd quarter worth approximately $1,015,000. Landscape Capital Management L.L.C. acquired a new stake in Xponential Fitness during the 3rd quarter valued at $185,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Xponential Fitness by 1.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 195,380 shares of the company's stock valued at $2,423,000 after purchasing an additional 2,670 shares during the last quarter. 58.55% of the stock is currently owned by institutional investors and hedge funds.

Xponential Fitness Trading Down 1.3 %

Shares of XPOF traded down $0.23 during trading hours on Friday, hitting $17.16. 226,525 shares of the stock traded hands, compared to its average volume of 378,030. The business has a fifty day moving average of $15.48 and a 200-day moving average of $14.24. The firm has a market capitalization of $828.73 million, a PE ratio of -14.79 and a beta of 1.33. Xponential Fitness has a 1-year low of $7.40 and a 1-year high of $18.95.

Xponential Fitness Company Profile

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.