Fitness

Xponential Fitness Inc (NYSE:XPOF) Receives Average Rating of “Buy” from Analysts

Xponential Fitness Inc (NYSE:XPOF) has received a consensus recommendation of “Buy” from the ten analysts that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, eight have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $23.56.

Several brokerages have recently commented on XPOF. Zacks Investment Research lowered Xponential Fitness from a “buy” rating to a “hold” rating in a research report on Wednesday, November 17th. Morgan Stanley raised their price target on Xponential Fitness from $21.00 to $23.00 and gave the stock an “overweight” rating in a research report on Friday, November 12th. Raymond James raised their price target on Xponential Fitness from $14.00 to $28.00 and gave the stock a “strong-buy” rating in a research report on Friday, November 12th. Roth Capital initiated coverage on Xponential Fitness in a research report on Tuesday, November 16th. They set a “buy” rating and a $29.00 price target on the stock. Finally, Piper Sandler raised their price target on Xponential Fitness from $20.00 to $32.00 and gave the stock an “overweight” rating in a research report on Friday, November 12th.

Shares of Xponential Fitness stock opened at $19.38 on Monday. The company has a debt-to-equity ratio of 80.16, a quick ratio of 0.86 and a current ratio of 0.95. The firm’s 50-day moving average price is $18.55. Xponential Fitness has a 12 month low of $9.87 and a 12 month high of $24.73.

(Ad)

This could be the most profitable event in crypto history. And it only happens once. If you miss it, there are no second chances.

Xponential Fitness (NYSE:XPOF) last announced its quarterly earnings data on Thursday, November 11th. The company reported ($0.31) EPS for the quarter, missing the consensus estimate of ($0.19) by ($0.12). The firm had revenue of $40.87 million during the quarter, compared to analysts’ expectations of $34.25 million. Research analysts forecast that Xponential Fitness will post -1.07 EPS for the current year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Strs Ohio purchased a new stake in Xponential Fitness in the 3rd quarter worth approximately $26,000. California State Teachers Retirement System purchased a new position in shares of Xponential Fitness in the 3rd quarter valued at approximately $64,000. American International Group Inc. purchased a new position in shares of Xponential Fitness in the 3rd quarter valued at approximately $64,000. Deutsche Bank AG purchased a new position in shares of Xponential Fitness in the 3rd quarter valued at approximately $68,000. Finally, Morgan Stanley purchased a new position in shares of Xponential Fitness in the 3rd quarter valued at approximately $91,000. Institutional investors and hedge funds own 85.95% of the company’s stock.

About Xponential Fitness

Xponential Fitness Inc is a curator of boutique fitness brands across multiple verticals. The company built and curated a diversified platform of boutique fitness brands spanning across verticals including Pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running and yoga. Its portfolio of brands includes Club Pilates, CycleBar, StretchLab, Row House, AKT, YogaSix and STRIDE.

Featured Article: What are gap-up stocks?

Analyst Recommendations for Xponential Fitness (NYSE:XPOF)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $1,000 in Xponential Fitness right now?

Before you consider Xponential Fitness, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Xponential Fitness wasn’t on the list.

While Xponential Fitness currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The 5 Stocks Here

 

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button