Xponential Fitness (NYSE:XPOF) Cut to “Hold” at Stifel Nicolaus

Xponential Fitness (NYSE:XPOF) was downgraded by equities researchers at Stifel Nicolaus from a “buy” rating to a “hold” rating in a report released on Friday,Briefing.com Automated Import reports. They presently have a $12.00 price target on the stock, down from their prior price target of $20.00. Stifel Nicolaus’ target price points to a potential downside of 2.20% from the company’s current price.

Other equities research analysts also recently issued research reports about the stock. Northland Capmk upgraded shares of Xponential Fitness to a “hold” rating in a research report on Thursday, January 23rd. Piper Sandler increased their price objective on Xponential Fitness from $12.00 to $16.00 and gave the stock a “neutral” rating in a report on Monday, January 6th. Finally, Northland Securities started coverage on shares of Xponential Fitness in a research report on Thursday, January 23rd. They set a “market perform” rating and a $17.50 price objective on the stock. Six analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Xponential Fitness currently has a consensus rating of “Moderate Buy” and an average price target of $15.56.

Xponential Fitness Price Performance

NYSE:XPOF opened at $12.27 on Friday. The stock’s 50-day moving average is $15.40 and its two-hundred day moving average is $14.19. The stock has a market cap of $592.68 million, a PE ratio of -10.58 and a beta of 1.38. Xponential Fitness has a fifty-two week low of $7.40 and a fifty-two week high of $18.95.

Institutional Investors Weigh In On Xponential Fitness

Large investors have recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. bought a new position in shares of Xponential Fitness in the third quarter valued at approximately $3,171,000. Skylands Capital LLC grew its stake in Xponential Fitness by 80.1% in the 4th quarter. Skylands Capital LLC now owns 95,458 shares of the company’s stock valued at $1,284,000 after buying an additional 42,458 shares during the last quarter. Mutual of America Capital Management LLC bought a new position in Xponential Fitness in the 3rd quarter worth $1,015,000. Wasatch Advisors LP lifted its position in Xponential Fitness by 96.2% during the 3rd quarter. Wasatch Advisors LP now owns 1,152,972 shares of the company’s stock worth $14,297,000 after acquiring an additional 565,451 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Xponential Fitness by 1.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 195,380 shares of the company’s stock worth $2,423,000 after acquiring an additional 2,670 shares during the last quarter. Institutional investors own 58.55% of the company’s stock.

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.