Xponential Fitness, Inc. (NYSE:XPOF) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have been assigned a consensus rating of “Moderate Buy” from the twelve brokerages that are currently covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a hold recommendation, four have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $17.60.

A number of research analysts have commented on the company. Piper Sandler boosted their target price on Xponential Fitness from $12.00 to $16.00 and gave the company a “neutral” rating in a research note on Monday, January 6th. Northland Capmk upgraded Xponential Fitness to a “hold” rating in a research note on Thursday, January 23rd. Northland Securities initiated coverage on Xponential Fitness in a report on Thursday, January 23rd. They issued a “market perform” rating and a $17.50 price target for the company. Finally, Stifel Nicolaus upped their price target on Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a report on Monday, November 11th.

Xponential Fitness Trading Down 5.7 %

NYSE:XPOF opened at $15.68 on Friday. The business’s fifty day moving average price is $15.60 and its 200 day moving average price is $14.29. Xponential Fitness has a 1-year low of $7.40 and a 1-year high of $18.95. The firm has a market capitalization of $757.34 million, a price-to-earnings ratio of -13.52 and a beta of 1.33.

Hedge Funds Weigh In On Xponential Fitness

A number of hedge funds have recently modified their holdings of XPOF. Wasatch Advisors LP raised its holdings in shares of 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 buying an additional 565,451 shares in the last quarter. Marshall Wace LLP grew its position in Xponential Fitness by 564.8% during the 4th quarter. Marshall Wace LLP now owns 640,769 shares of the company’s stock worth $8,618,000 after acquiring an additional 544,382 shares during the last quarter. Verition Fund Management LLC grew its position in Xponential Fitness by 276.5% during the 3rd quarter. Verition Fund Management LLC now owns 692,729 shares of the company’s stock worth $8,590,000 after acquiring an additional 508,715 shares during the last quarter. Rockefeller Capital Management L.P. bought a new stake in Xponential Fitness during the 3rd quarter worth approximately $3,171,000. Finally, Clark Estates Inc. NY bought a new stake in Xponential Fitness during the 4th quarter worth approximately $2,690,000. 58.55% of the stock is owned by institutional investors and hedge funds.

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.