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.
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.
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