Xponential Fitness (NYSE:XPOF) Trading Up 3.5%

Xponential Fitness, Inc. (NYSE:XPOF) was up 3.5% during trading on Tuesday . The company traded as high as $15.65 and last traded at $15.61. Approximately 66,814 shares changed hands during trading, a decline of 92% from the average daily volume of 790,272 shares. The stock had previously closed at $15.08.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on XPOF shares. Stifel Nicolaus reiterated a “buy” rating and set a $20.00 price objective on shares of Xponential Fitness in a research note on Friday, April 12th. Bank of America raised their price objective on shares of Xponential Fitness from $13.00 to $15.50 and gave the company a “neutral” rating in a research note on Wednesday, March 13th. Roth Capital upgraded shares of Xponential Fitness to a “strong-buy” rating in a research note on Monday, June 17th. Guggenheim lifted their price target on shares of Xponential Fitness from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Tuesday, June 18th. Finally, B. Riley lifted their price target on shares of Xponential Fitness from $28.00 to $31.00 and gave the stock a “buy” rating in a research report on Friday, May 3rd. Three equities research analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $21.05.

Xponential Fitness Price Performance

The business’s 50 day moving average is $11.84 and its 200 day moving average is $12.38.

Xponential Fitness (NYSE:XPOF) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates 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 period in the prior year, the business posted ($0.02) EPS. The company’s revenue for the quarter was up 12.5% on a year-over-year basis. Analysts forecast that Xponential Fitness, Inc. will post 0.95 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Xponential Fitness

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in XPOF. Nut Tree Capital Management LP boosted its stake in shares of Xponential Fitness by 74.3% during the 1st quarter. Nut Tree Capital Management LP now owns 250,000 shares of the company’s stock valued at $4,135,000 after buying an additional 106,587 shares during the period. Kent Lake Capital LLC boosted its stake in shares of Xponential Fitness by 276.0% during the 1st quarter. Kent Lake Capital LLC now owns 882,443 shares of the company’s stock valued at $14,596,000 after buying an additional 647,743 shares during the period. Oak Ridge Investments LLC boosted its stake in shares of Xponential Fitness by 9.9% during the 1st quarter. Oak Ridge Investments LLC now owns 194,109 shares of the company’s stock valued at $3,211,000 after buying an additional 17,411 shares during the period. Principal Financial Group Inc. acquired a new stake in shares of Xponential Fitness during the 1st quarter valued at $278,000. Finally, CenterBook Partners LP acquired a new stake in shares of Xponential Fitness during the 4th quarter valued at $1,351,000. 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.