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

Xponential Fitness, Inc. (NYSE:XPOF) has been given an average rating of “Moderate Buy” by the ten analysts that are presently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $17.17.

Several analysts have recently weighed in on the stock. Piper Sandler lowered their price objective on shares of Xponential Fitness from $13.00 to $12.00 and set a “neutral” rating on the stock in a research report on Friday, November 8th. B. Riley lifted their target price on shares of Xponential Fitness from $9.00 to $12.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. Robert W. Baird dropped their price objective on Xponential Fitness from $16.00 to $15.00 and set a “neutral” rating on the stock in a research report on Friday, August 2nd. Stifel Nicolaus boosted their target price on shares of Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Monday. Finally, Roth Mkm decreased their price target on shares of Xponential Fitness from $22.00 to $19.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd.

Xponential Fitness Stock Down 2.9 %

Shares of XPOF opened at $15.05 on Friday. The business’s 50-day moving average price is $12.90 and its 200-day moving average price is $13.29. Xponential Fitness has a twelve month low of $7.40 and a twelve month high of $18.95. The stock has a market cap of $724.96 million, a PE ratio of -12.97 and a beta of 1.18.

Insiders Place Their Bets

In related news, insider Andrew Hagopian sold 26,740 shares of the firm’s stock in a transaction that occurred on Thursday, October 10th. The shares were sold at an average price of $12.18, for a total value of $325,693.20. Following the sale, the insider now owns 255,764 shares of the company’s stock, valued at $3,115,205.52. This trade represents a 9.47 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Sarah Luna sold 14,400 shares of the firm’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $13.85, for a total value of $199,440.00. Following the sale, the president now directly owns 290,297 shares in the company, valued at $4,020,613.45. This trade represents a 4.73 % decrease in their position. The disclosure for this sale can be found here. 47.83% of the stock is owned by company insiders.

Institutional Trading of Xponential Fitness

A number of institutional investors have recently modified their holdings of the business. Wasatch Advisors LP lifted its holdings in Xponential Fitness by 96.2% in the 3rd 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 in the last quarter. Verition Fund Management LLC increased its position in shares of Xponential Fitness by 276.5% in the third 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 in the last quarter. Rockefeller Capital Management L.P. purchased a new position in Xponential Fitness in the third quarter valued at about $3,171,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Xponential Fitness during the 3rd quarter valued at about $702,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Xponential Fitness by 1.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 195,380 shares of the company’s stock valued at $2,423,000 after purchasing an additional 2,670 shares during the period. 58.55% of the stock is currently owned by hedge funds and other institutional investors.

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.