Xponential Fitness (NYSE:XPOF) Stock Rating Reaffirmed by Stifel Nicolaus

Stifel Nicolaus reaffirmed their buy rating on shares of Xponential Fitness (NYSE:XPOF) in a research note published on Friday, Benzinga reports. The brokerage currently has a $20.00 price target on the stock.

Several other research firms have also recently weighed in on XPOF. Piper Sandler reaffirmed a neutral rating and set a $13.00 price objective (down from $21.00) on shares of Xponential Fitness in a research report on Wednesday, January 3rd. Robert W. Baird dropped their target price on Xponential Fitness from $16.00 to $14.00 and set a neutral rating on the stock in a report on Friday, March 1st. Citigroup dropped their target price 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, Bank of America upped their target price on Xponential Fitness from $13.00 to $15.50 and gave the stock a neutral rating in a report on Wednesday, March 13th. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of Moderate Buy and a consensus price target of $23.06.

Xponential Fitness Price Performance

XPOF stock opened at $14.27 on Friday. The stock has a market capitalization of $677.68 million, a P/E ratio of -8.65 and a beta of 1.08. The business has a 50-day moving average of $13.24 and a 200-day moving average of $13.11. Xponential Fitness has a fifty-two week low of $8.30 and a fifty-two week high of $33.58.

Xponential Fitness (NYSE:XPOF) last posted its quarterly earnings data on Thursday, February 29th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.03). The firm had revenue of $90.20 million for the quarter, compared to analyst estimates of $81.71 million. Xponential Fitness had a negative return on equity of 16.60% and a negative net margin of 0.28%. The firm’s quarterly revenue was up 26.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.11 earnings per share. Equities analysts expect that Xponential Fitness will post 1.11 EPS for the current year.

Insider Buying and Selling at Xponential Fitness

In other Xponential Fitness news, CEO Anthony Geisler sold 17,901 shares of the company’s stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $9.93, for a total value of $177,756.93. Following the sale, the chief executive officer now owns 394,011 shares in the company, valued at $3,912,529.23. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, President Sarah Luna sold 5,399 shares of the company’s stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $10.01, for a total value of $54,043.99. Following the transaction, the president now owns 265,247 shares of the company’s stock, valued at $2,655,122.47. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Anthony Geisler sold 17,901 shares of the company’s stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $9.93, for a total value of $177,756.93. Following the completion of the transaction, the chief executive officer now directly owns 394,011 shares in the company, valued at approximately $3,912,529.23. The disclosure for this sale can be found here. Insiders have sold 35,632 shares of company stock worth $356,848 over the last 90 days. Company insiders own 47.86% of the company’s stock.

Hedge Funds Weigh In On Xponential Fitness

Institutional investors and hedge funds have recently made changes to their positions in the company. Ameritas Investment Partners Inc. grew its position in shares of Xponential Fitness by 50.1% in the second quarter. Ameritas Investment Partners Inc. now owns 2,041 shares of the company’s stock valued at $35,000 after purchasing an additional 681 shares during the last quarter. Quarry LP acquired a new position in shares of Xponential Fitness in the second quarter valued at approximately $38,000. Advisor Group Holdings Inc. grew its position in shares of Xponential Fitness by 139.0% in the fourth quarter. Advisor Group Holdings Inc. now owns 2,251 shares of the company’s stock valued at $51,000 after purchasing an additional 1,309 shares during the last quarter. Macquarie Group Ltd. grew its position in Xponential Fitness by 133.2% during the second quarter. Macquarie Group Ltd. now owns 2,696 shares of the company’s stock worth $34,000 after buying an additional 1,540 shares in the last quarter. Finally, Point72 Hong Kong Ltd bought a new position in Xponential Fitness during the 2nd quarter worth $34,000. Institutional investors and hedge funds 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.