Xponential Fitness (NYSE:XPOF) Rating Lowered to “Sell” at Wall Street Zen

Xponential Fitness (NYSE:XPOF) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

Several other equities research analysts have also recently weighed in on XPOF. Zacks Research upgraded shares of Xponential Fitness from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. Roth Capital set a $7.00 target price on shares of Xponential Fitness in a research report on Friday, May 8th. Northland Securities raised shares of Xponential Fitness from a “market perform” rating to an “outperform” rating and set a $8.00 price target on the stock in a research note on Wednesday, May 20th. Weiss Ratings raised shares of Xponential Fitness from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, July 28th. Finally, Lake Street Capital cut shares of Xponential Fitness from a “buy” rating to a “hold” rating and set a $6.00 price objective for the company. in a research report on Friday, May 8th. Two research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $8.44.

Xponential Fitness Stock Performance

Shares of NYSE:XPOF opened at $6.53 on Friday. Xponential Fitness has a twelve month low of $3.83 and a twelve month high of $10.72. The firm has a market cap of $320.83 million, a PE ratio of -4.73 and a beta of 1.07. The business has a fifty day moving average of $6.43 and a 200-day moving average of $6.70.

Xponential Fitness (NYSE:XPOF) last released its quarterly earnings results on Thursday, May 7th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.15). The business had revenue of $60.71 million during the quarter, compared to the consensus estimate of $63.75 million. Xponential Fitness had a negative net margin of 11.28% and a negative return on equity of 3.40%. The business’s quarterly revenue was down 21.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.20 earnings per share. On average, analysts anticipate that Xponential Fitness will post 0.4 EPS for the current fiscal year.

Institutional Trading of Xponential Fitness

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. SkyView Investment Advisors LLC raised its holdings in Xponential Fitness by 4.9% during the 2nd quarter. SkyView Investment Advisors LLC now owns 39,871 shares of the company’s stock worth $302,000 after purchasing an additional 1,859 shares during the last quarter. Raymond James Financial Inc. lifted its position in Xponential Fitness by 20.4% during the 3rd quarter. Raymond James Financial Inc. now owns 14,732 shares of the company’s stock valued at $115,000 after purchasing an additional 2,500 shares during the period. Rhumbline Advisers boosted its stake in shares of Xponential Fitness by 8.1% in the 2nd quarter. Rhumbline Advisers now owns 35,633 shares of the company’s stock valued at $267,000 after purchasing an additional 2,668 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of Xponential Fitness by 1,621.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,632 shares of the company’s stock valued at $30,000 after purchasing an additional 3,421 shares during the last quarter. Finally, Barclays PLC grew its position in shares of Xponential Fitness by 4.4% during the 4th quarter. Barclays PLC now owns 83,829 shares of the company’s stock worth $690,000 after buying an additional 3,524 shares during the period. 58.55% of the stock is currently owned by institutional investors and hedge funds.

About Xponential Fitness

Xponential Fitness is a leading franchisor and operator of boutique fitness studios headquartered in Irvine, California. The company specializes in developing, marketing, and supporting a portfolio of fitness brands that deliver low-impact cardio, strength training, and mindful movement workouts. Through its asset-light franchise model, Xponential provides entrepreneurs with proprietary studio designs, branded equipment, digital support, and comprehensive training programs to ensure consistent member experiences.

Its portfolio comprises core brands such as Club Pilates, Pure Barre, CycleBar, StretchLab, YogaSix, Row House, Rumble, AKT, and STRIDE.