Xponential Fitness, Inc. (NYSE:XPOF) Receives Consensus Rating of “Moderate Buy” from Analysts

Xponential Fitness, Inc. (NYSE:XPOF) has been assigned a consensus recommendation of “Moderate Buy” from the ten research firms that are presently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $17.17.

A number of brokerages recently commented on XPOF. B. Riley lifted their price objective on Xponential Fitness from $9.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, August 5th. Raymond James reduced their target price 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. Robert W. Baird decreased their price target on Xponential Fitness from $16.00 to $15.00 and set a “neutral” rating on the stock in a research note on Friday, August 2nd. Piper Sandler decreased their price target on Xponential Fitness from $13.00 to $12.00 and set a “neutral” rating on the stock in a research note on Friday. Finally, Roth Mkm decreased their price target on Xponential Fitness from $22.00 to $19.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd.

Xponential Fitness Stock Performance

Shares of NYSE:XPOF traded up $2.66 during trading on Friday, reaching $15.36. The stock had a trading volume of 395,734 shares, compared to its average volume of 667,045. The business has a fifty day moving average price of $12.65 and a 200-day moving average price of $13.19. The stock has a market cap of $739.89 million, a PE ratio of -16.46 and a beta of 1.18. Xponential Fitness has a 1-year low of $7.40 and a 1-year high of $18.95.

Insider Buying and Selling

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

Hedge Funds Weigh In On Xponential Fitness

Hedge funds have recently bought and sold shares of the company. Kent Lake Capital LLC increased its position in Xponential Fitness by 276.0% during the first quarter. Kent Lake Capital LLC now owns 882,443 shares of the company’s stock worth $14,596,000 after buying an additional 647,743 shares in the last quarter. JCP Investment Management LLC purchased a new stake in shares of Xponential Fitness in the second quarter valued at $3,915,000. Hiddenite Capital Partners LP purchased a new stake in shares of Xponential Fitness in the second quarter valued at $2,730,000. Nut Tree Capital Management LP grew its position in shares of Xponential Fitness by 74.3% in the first quarter. Nut Tree Capital Management LP now owns 250,000 shares of the company’s stock valued at $4,135,000 after purchasing an additional 106,587 shares during the period. Finally, AQR Capital Management LLC grew its position in shares of Xponential Fitness by 684.4% in the second quarter. AQR Capital Management LLC now owns 109,963 shares of the company’s stock valued at $1,715,000 after purchasing an additional 95,945 shares during the period. 58.55% of the stock is owned by hedge funds and other institutional investors.

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.