Xponential Fitness (NYSE:XPOF) Stock Price Up 6.6% – Here’s Why

Xponential Fitness, Inc. (NYSE:XPOF)’s stock price traded up 6.6% on Friday . The stock traded as high as $12.93 and last traded at $12.88. 52,194 shares were traded during trading, a decline of 92% from the average session volume of 682,192 shares. The stock had previously closed at $12.08.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Piper Sandler restated a “neutral” rating and set a $13.00 price objective (down from $14.00) on shares of Xponential Fitness in a research report on Friday, August 2nd. Raymond James dropped their price objective on shares of Xponential Fitness from $30.00 to $20.00 and set a “strong-buy” rating on the stock in a research note on Friday, August 2nd. Roth Mkm reduced their price target on Xponential Fitness from $22.00 to $19.00 and set a “buy” rating for the company in a report on Friday, August 2nd. Robert W. Baird cut their price objective on shares of Xponential Fitness from $16.00 to $15.00 and set a “neutral” rating on the stock in a research report on Friday, August 2nd. Finally, B. Riley boosted their target price on shares of Xponential Fitness from $9.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, August 5th. Four research analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $17.28.

Xponential Fitness Trading Up 3.6 %

The company’s fifty day moving average is $13.01 and its 200-day moving average is $13.40. The firm has a market capitalization of $601.86 million, a P/E ratio of -22.04 and a beta of 1.18.

Xponential Fitness (NYSE:XPOF) last released its quarterly earnings results on Thursday, August 1st. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.22). The firm had revenue of $76.50 million for the quarter, compared to the consensus estimate of $83.63 million. Xponential Fitness had a negative net margin of 6.51% and a negative return on equity of 9.35%. The firm’s revenue was down 1.0% on a year-over-year basis. During the same quarter last year, the company earned $0.07 earnings per share. On average, equities research analysts anticipate that Xponential Fitness, Inc. will post 0.79 EPS for the current year.

Insider Buying and Selling at Xponential Fitness

In other Xponential Fitness 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 value of $325,693.20. Following the sale, the insider now owns 255,764 shares of the company’s stock, 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 this link. In other Xponential Fitness 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 sale, the president now 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 SEC, which is available through this link. 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 in the company, valued at $3,115,205.52. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 47.83% of the company’s stock.

Institutional Trading of Xponential Fitness

Several institutional investors have recently modified their holdings of XPOF. Kent Lake Capital LLC grew its holdings in shares of Xponential Fitness by 276.0% during the 1st quarter. Kent Lake Capital LLC now owns 882,443 shares of the company’s stock worth $14,596,000 after purchasing an additional 647,743 shares in the last quarter. JCP Investment Management LLC acquired a new stake in Xponential Fitness in the 2nd quarter valued at $3,915,000. Hiddenite Capital Partners LP acquired a new stake in Xponential Fitness in the 2nd quarter valued at $2,730,000. Nut Tree Capital Management LP boosted its stake in Xponential Fitness by 74.3% in the 1st quarter. Nut Tree Capital Management LP now owns 250,000 shares of the company’s stock valued at $4,135,000 after buying an additional 106,587 shares in the last quarter. Finally, AQR Capital Management LLC boosted its stake in Xponential Fitness by 684.4% in the 2nd quarter. AQR Capital Management LLC now owns 109,963 shares of the company’s stock valued at $1,715,000 after buying an additional 95,945 shares in the last quarter. Institutional investors and hedge funds own 58.55% of the company’s stock.

Xponential Fitness Company Profile

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.