Xponential Fitness, Inc. had its target price increased by Guggenheim from $18.00 to $20.00 in a research note released on Tuesday morning, as reported by Benzinga. The stock currently has a buy rating.
Several other analysts have also recently commented on XPOF. Roth Mkm initiated coverage on Xponential Fitness in a research note on Monday, giving the stock a buy rating and a $22.00 price target. Piper Sandler lowered their price target on Xponential Fitness from $12.00 to $9.00 and set a neutral rating on the stock in a research report on Monday, May 13th. Bank of America raised their price target on Xponential Fitness from $13.00 to $15.50 and gave the stock a neutral rating in a report on Wednesday, March 13th. Citigroup reduced their price target on Xponential Fitness from $23.00 to $21.00 and set a buy rating on the stock in a report on Monday, March 4th. Finally, B. Riley raised their price target on Xponential Fitness from $28.00 to $31.00 and gave the stock a buy rating in a report on Friday, May 3rd. Three investment analysts have rated the stock with a hold rating, six have assigned a buy rating, and two have assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of Moderate Buy and an average price target of $21.05.
Xponential Fitness opened at $15.05 on Tuesday. The firm’s fifty-day moving average is $11.39 and its 200-day moving average is $12.07. The company has a market capitalization of $723.45 million, a price-to-earnings ratio of -26.40, and a beta of 1.04. Xponential Fitness has a fifty-two week low of $7.40 and a fifty-two week high of $28.19.
Xponential Fitness last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). Xponential Fitness had a negative return on equity of 7.65% and a net margin of 1.90%. The company had revenue of $79.52 million for the quarter, compared to analysts’ expectations of $78.77 million. On average, equities analysts predict that Xponential Fitness will post 0.75 EPS for the current year.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Xponential Fitness in the fourth quarter valued at approximately $143,000. Quest Partners LLC acquired a new stake in shares of Xponential Fitness in the fourth quarter valued at approximately $174,000. Versor Investments LP acquired a new stake in shares of Xponential Fitness in the fourth quarter valued at approximately $240,000. Harbor Capital Advisors Inc. lifted its stake in shares of Xponential Fitness by 63.8% in the fourth quarter. Harbor Capital Advisors Inc. now owns 19,521 shares of the company’s stock valued at $252,000 after purchasing an additional 7,605 shares during the last quarter. Finally, Principal Financial Group Inc. acquired a new stake in shares of Xponential Fitness in the first quarter valued at approximately $278,000. Institutional investors own 58.55% of the company’s stock.
