Xponential Fitness (NYSE:XPOF) Rating Lowered to Hold at Stifel Nicolaus

Xponential Fitness (NYSE:XPOF - Get Free Report) was downgraded by stock analysts at Stifel Nicolaus from a "buy" rating to a "hold" rating in a research report issued on Friday, Marketbeat reports. They presently have a $12.00 target price on the stock, down from their previous target price of $20.00. Stifel Nicolaus' target price indicates a potential upside of 32.36% from the stock's previous close.

Other equities analysts also recently issued reports about the company. Northland Securities began coverage on Xponential Fitness in a research report on Thursday, January 23rd. They issued a "market perform" rating and a $17.50 target price on the stock. Piper Sandler upped their target price on Xponential Fitness from $12.00 to $16.00 and gave the company a "neutral" rating in a research report on Monday, January 6th. Finally, Northland Capmk raised Xponential Fitness to a "hold" rating in a research report on Thursday, January 23rd. Six research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Xponential Fitness presently has an average rating of "Moderate Buy" and a consensus price target of $15.28.

Xponential Fitness Stock Down 1.3 %

Shares of XPOF traded down $0.12 during mid-day trading on Friday, hitting $9.07. 919,863 shares of the company traded hands, compared to its average volume of 615,995. The company has a market capitalization of $437.91 million, a PE ratio of -7.82 and a beta of 1.38. The business has a 50 day moving average of $15.11 and a 200 day moving average of $14.14. Xponential Fitness has a 1-year low of $7.22 and a 1-year high of $18.95.

Remove Ads

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

Institutional Investors Weigh In On Xponential Fitness

Hedge funds have recently added to or reduced their stakes in the business. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Xponential Fitness in the fourth quarter valued at $29,000. Point72 Asset Management L.P. purchased a new stake in Xponential Fitness in the fourth quarter valued at $46,000. AlphaQuest LLC boosted its holdings in Xponential Fitness by 335.9% in the fourth quarter. AlphaQuest LLC now owns 4,843 shares of the company's stock valued at $65,000 after purchasing an additional 3,732 shares during the last quarter. Financial Management Professionals Inc. boosted its holdings in Xponential Fitness by 117.6% in the fourth quarter. Financial Management Professionals Inc. now owns 5,021 shares of the company's stock valued at $68,000 after purchasing an additional 2,714 shares during the last quarter. Finally, Asset Planning Inc purchased a new stake in shares of Xponential Fitness during the 4th quarter worth about $71,000. 58.55% of the stock is owned by hedge funds and other institutional investors.

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.