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

Xponential Fitness, Inc. (NYSE:XPOF) has been given an average rating of “Moderate Buy” by the ten analysts that are covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $17.17.

A number of research analysts have recently issued reports on the stock. Piper Sandler reduced their price target 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. Stifel Nicolaus upped their target price 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 Stock Performance

XPOF opened at $12.84 on Friday. Xponential Fitness has a 1-year low of $7.40 and a 1-year high of $18.95. The company has a 50-day moving average of $14.21 and a 200-day moving average of $14.25. The company has a market capitalization of $620.21 million, a P/E ratio of -11.07 and a beta of 1.26.

Insider Buying and Selling

In other Xponential Fitness news, insider Andrew Hagopian sold 26,740 shares of Xponential Fitness stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of $12.18, for a total transaction of $325,693.20. Following the transaction, the insider now owns 255,764 shares of the company’s stock, valued at $3,115,205.52. The trade was a 9.47 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Mark Grabowski sold 2,595,598 shares of the stock in a transaction that occurred 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 completion of the sale, the director now directly owns 30,546 shares of the company’s stock, valued at $468,881.10. This trade represents a 98.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 47.83% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. nVerses Capital LLC acquired a new position in shares of Xponential Fitness during the 2nd quarter worth $34,000. Quarry LP raised its holdings in Xponential Fitness by 80.4% during the second quarter. Quarry LP now owns 3,692 shares of the company’s stock valued at $58,000 after buying an additional 1,646 shares in the last quarter. Canada Pension Plan Investment Board acquired a new stake in shares of Xponential Fitness in the second quarter worth about $72,000. SG Americas Securities LLC bought a new stake in shares of Xponential Fitness during the 3rd quarter worth about $107,000. Finally, Centiva Capital LP bought a new stake in shares of Xponential Fitness during the 3rd quarter worth about $183,000. 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.