Xponential Fitness (NYSE:XPOF) PT Lowered to $19.00 at Roth Mkm

Xponential Fitness (NYSE:XPOF) had its target price cut by Roth Mkm from $22.00 to $19.00 in a research report sent to investors on Friday morning, Benzinga reports. They currently have a buy rating on the stock.

Other analysts have also issued research reports about the company. Robert W. Baird dropped their target price on Xponential Fitness from $16.00 to $15.00 and set a neutral rating on the stock in a report on Friday. Piper Sandler reiterated a neutral rating and set a $13.00 target price (down previously from $14.00) on shares of Xponential Fitness in a report on Friday. Guggenheim upped their target price on Xponential Fitness from $18.00 to $20.00 and gave the stock a buy rating in a report on Tuesday, June 18th. B. Riley upped their target price on Xponential Fitness from $28.00 to $31.00 and gave the stock a buy rating in a report on Friday, May 3rd. Finally, Roth Capital upgraded Xponential Fitness to a strong-buy rating in a report on Monday, June 17th. Four investment analysts have rated the stock with a hold rating, five have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and an average target price of $18.25.

Xponential Fitness Trading Up 4.4 %

NYSE:XPOF opened at $13.71 on Friday. Xponential Fitness has a 1 year low of $7.40 and a 1 year high of $23.93. The stock has a market cap of $659.07 million, a price-to-earnings ratio of -24.05 and a beta of 1.23. The stock has a 50-day moving average price of $14.73 and a two-hundred day moving average price of $13.19.

Xponential Fitness (NYSE:XPOF) last posted its quarterly earnings data on Thursday, August 1st. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.22). The firm had revenue of $76.50 million for the quarter, compared to analyst estimates of $83.63 million. Xponential Fitness had a negative return on equity of 9.53% and a negative net margin of 6.51%. The firm’s quarterly revenue was down 1.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.07 earnings per share. Sell-side analysts forecast that Xponential Fitness will post 0.92 earnings per share for the current year.

Institutional Investors Weigh In On Xponential Fitness

Large investors have recently modified their holdings of the business. nVerses Capital LLC acquired a new stake in shares of Xponential Fitness in the 2nd quarter valued at $34,000. Dnca Finance bought a new position in shares of Xponential Fitness in the 2nd quarter valued at $107,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Xponential Fitness in the 4th quarter valued at $143,000. Quest Partners LLC bought a new position in shares of Xponential Fitness in the 4th quarter valued at $174,000. Finally, Victory Capital Management Inc. bought a new position in shares of Xponential Fitness in the 2nd quarter valued at $227,000. Institutional investors and hedge funds own 58.55% of the company’s stock.

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.