Xponential Fitness (NYSE:XPOF) Upgraded at Northland Capmk

Northland Capmk upgraded shares of Xponential Fitness (NYSE:XPOF) to a hold rating in a research report sent to investors on Thursday,Zacks.com reports.

A number of other equities analysts have also recently issued reports on XPOF. Northland Securities assumed coverage on Xponential Fitness in a report on Thursday. They issued a “market perform” rating and a $17.50 target price on the stock. Stifel Nicolaus lifted their price objective on shares of Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a report on Monday, November 11th. Finally, Piper Sandler upped their target price on shares of Xponential Fitness from $12.00 to $16.00 and gave the stock a “neutral” rating in a report on Monday, January 6th. Six equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $17.60.

Xponential Fitness Trading Down 0.8 %

XPOF opened at $15.81 on Thursday. The company has a fifty day moving average price of $14.83 and a two-hundred day moving average price of $14.27. Xponential Fitness has a 1-year low of $7.40 and a 1-year high of $18.95. The company has a market cap of $763.72 million, a P/E ratio of -13.63 and a beta of 1.30.

Xponential Fitness (NYSE:XPOF) last issued its earnings results on Thursday, November 7th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.22). The firm had revenue of $80.49 million during the quarter, compared to the consensus estimate of $76.85 million. Xponential Fitness had a negative net margin of 9.15% and a negative return on equity of 4.37%. During the same period in the previous year, the firm earned $0.11 earnings per share. On average, research analysts forecast that Xponential Fitness will post 0.61 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Mark Grabowski sold 2,595,598 shares of Xponential Fitness stock in a transaction on Thursday, November 21st. The stock was 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 in the company, valued at approximately $468,881.10. This trade represents a 98.84 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 47.83% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Wasatch Advisors LP lifted its stake in Xponential Fitness by 96.2% in the third quarter. Wasatch Advisors LP now owns 1,152,972 shares of the company’s stock valued at $14,297,000 after purchasing an additional 565,451 shares during the last quarter. Verition Fund Management LLC boosted its holdings in Xponential Fitness by 276.5% in the 3rd quarter. Verition Fund Management LLC now owns 692,729 shares of the company’s stock worth $8,590,000 after buying an additional 508,715 shares during the period. Rockefeller Capital Management L.P. bought a new position in shares of Xponential Fitness in the third quarter worth $3,171,000. JCP Investment Management LLC purchased a new position in shares of Xponential Fitness in the second quarter valued at $3,915,000. Finally, AQR Capital Management LLC raised its stake in shares of Xponential Fitness by 684.4% during the 2nd quarter. AQR Capital Management LLC now owns 109,963 shares of the company’s stock valued at $1,715,000 after purchasing an additional 95,945 shares during the period. Institutional investors 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.