B. Riley Forecasts Higher Earnings for Xponential Fitness

Xponential Fitness, Inc. (NYSE:XPOF) – B. Riley raised their Q4 2024 earnings per share estimates for Xponential Fitness in a research report issued on Friday, November 8th. B. Riley analyst J. Van. Sinderen now forecasts that the company will post earnings of $0.45 per share for the quarter, up from their previous estimate of $0.38. B. Riley has a “Neutral” rating and a $12.00 price objective on the stock. The consensus estimate for Xponential Fitness’ current full-year earnings is $0.75 per share.

Several other equities analysts also recently commented on XPOF. Robert W. Baird lowered 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 price objective on Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Monday. Raymond James lowered their price objective on Xponential Fitness from $30.00 to $20.00 and set a “strong-buy” rating on the stock in a research report on Friday, August 2nd. Piper Sandler lowered their price objective on Xponential Fitness from $13.00 to $12.00 and set a “neutral” rating on the stock in a research report on Friday, November 8th. Finally, Roth Mkm lowered their price objective on Xponential Fitness from $22.00 to $19.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. Four research analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $17.17.

Xponential Fitness Stock Performance

NYSE:XPOF opened at $15.70 on Monday. The stock has a 50-day simple moving average of $12.78 and a two-hundred day simple moving average of $13.25. Xponential Fitness has a 52-week low of $7.40 and a 52-week high of $18.95. The firm has a market capitalization of $756.35 million, a PE ratio of -13.63 and a beta of 1.18.

Institutional Investors Weigh In On Xponential Fitness

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Quarry LP grew its stake in shares of 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 during the last quarter. nVerses Capital LLC bought a new position in shares of Xponential Fitness during the second quarter valued at approximately $34,000. Principal Financial Group Inc. grew its stake in shares of Xponential Fitness by 13.1% during the second quarter. Principal Financial Group Inc. now owns 19,021 shares of the company’s stock valued at $297,000 after buying an additional 2,203 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Xponential Fitness by 1.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 195,380 shares of the company’s stock valued at $2,423,000 after buying an additional 2,670 shares during the last quarter. Finally, Canada Pension Plan Investment Board bought a new position in shares of Xponential Fitness during the second quarter valued at approximately $72,000. 58.55% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Andrew Hagopian sold 26,740 shares of the business’s stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of $12.18, for a total value of $325,693.20. Following the sale, the insider now directly owns 255,764 shares in the company, valued at approximately $3,115,205.52. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Xponential Fitness news, insider Andrew Hagopian sold 26,740 shares of the company’s stock in a transaction that occurred on Thursday, October 10th. The stock was sold at an average price of $12.18, for a total transaction of $325,693.20. Following the sale, the insider now directly owns 255,764 shares in the company, valued at $3,115,205.52. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, President Sarah Luna sold 14,400 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $13.85, for a total value of $199,440.00. Following the sale, the president now owns 290,297 shares in the company, valued at approximately $4,020,613.45. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 47.83% of the stock is owned by company insiders.

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.