Xponential Fitness (NYSE:XPOF) Price Target Raised to $14.00 at Piper Sandler

Xponential Fitness (NYSE:XPOF) had its price target hoisted by Piper Sandler from $9.00 to $14.00 in a research report released on Thursday, Benzinga reports. They currently have a neutral rating on the stock.

Other research analysts have also issued reports about the stock. B. Riley raised their target price on shares of Xponential Fitness from $28.00 to $31.00 and gave the stock a buy rating in a research note on Friday, May 3rd. Roth Mkm started coverage on shares of Xponential Fitness in a research note on Monday, June 17th. They issued a buy rating and a $22.00 target price on the stock. Bank of America raised their target price on shares of Xponential Fitness from $13.00 to $15.50 and gave the stock a neutral rating in a research note on Wednesday, March 13th. Guggenheim raised their target price on shares of Xponential Fitness from $18.00 to $20.00 and gave the stock a buy rating in a research note on Tuesday, June 18th. Finally, Stifel Nicolaus reissued a buy rating and issued a $20.00 target price on shares of Xponential Fitness in a research note on Friday, April 12th. Three analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Xponential Fitness presently has a consensus rating of Moderate Buy and a consensus target price of $21.55.

Xponential Fitness Trading Up 2.1 %

XPOF stock opened at $16.33 on Thursday. Xponential Fitness has a 12-month low of $7.40 and a 12-month high of $24.00. The stock has a market cap of $785.02 million, a price-to-earnings ratio of -28.65 and a beta of 1.23. The business’s 50-day moving average is $12.23 and its 200 day moving average is $12.57.

Xponential Fitness (NYSE:XPOF) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $79.52 million during the quarter, compared to analyst estimates of $78.77 million. During the same quarter in the previous year, the firm posted ($0.02) earnings per share. The company’s quarterly revenue was up 12.5% on a year-over-year basis. As a group, equities analysts forecast that Xponential Fitness will post 0.95 EPS for the current fiscal year.

Institutional Trading of Xponential Fitness

Several institutional investors have recently added to or reduced their stakes in XPOF. Voss Capital LLC acquired a new stake in Xponential Fitness in the 4th quarter valued at approximately $29,776,000. Kent Lake Capital LLC increased its holdings in Xponential Fitness by 276.0% in the 1st quarter. Kent Lake Capital LLC now owns 882,443 shares of the company’s stock valued at $14,596,000 after purchasing an additional 647,743 shares during the last quarter. Los Angeles Capital Management LLC increased its holdings in Xponential Fitness by 204.7% in the 4th quarter. Los Angeles Capital Management LLC now owns 221,151 shares of the company’s stock valued at $2,851,000 after purchasing an additional 148,576 shares during the last quarter. Nut Tree Capital Management LP acquired a new stake in Xponential Fitness in the 4th quarter valued at approximately $1,849,000. Finally, Trexquant Investment LP increased its holdings in Xponential Fitness by 346.2% in the 4th quarter. Trexquant Investment LP now owns 172,285 shares of the company’s stock valued at $2,221,000 after purchasing an additional 133,677 shares during the last quarter. Institutional investors and hedge funds own 58.55% of the company’s stock.

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.