Xponential Fitness, Inc. (NYSE:XPOF) Receives $17.17 Consensus PT from Analysts

Xponential Fitness, Inc. (NYSE:XPOF) has earned an average recommendation of “Moderate Buy” from the ten ratings firms that are currently covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $17.17.

Several equities analysts recently issued reports on XPOF shares. Stifel Nicolaus increased their target price on Xponential Fitness from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Piper Sandler lowered their price objective on shares of Xponential Fitness from $13.00 to $12.00 and set a “neutral” rating for the company in a research note on Friday, November 8th.

Xponential Fitness Stock Performance

XPOF stock opened at $13.09 on Friday. Xponential Fitness has a one year low of $7.40 and a one year high of $18.95. The firm has a market cap of $632.29 million, a PE ratio of -11.28 and a beta of 1.26. The firm’s 50 day moving average price is $14.21 and its 200-day moving average price is $14.29.

Insider Activity at Xponential Fitness

In other Xponential Fitness news, insider Andrew Hagopian sold 26,740 shares of Xponential Fitness 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 transaction, the insider now owns 255,764 shares in the company, valued at approximately $3,115,205.52. The trade was a 9.47 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Mark Grabowski sold 2,595,598 shares of Xponential Fitness stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $15.35, for a total value of $39,842,429.30. Following the completion of the transaction, the director now owns 30,546 shares in the company, valued at $468,881.10. The trade was a 98.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 47.83% of the company’s stock.

Institutional Trading of Xponential Fitness

Several hedge funds and other institutional investors have recently modified their holdings of XPOF. Quarry LP boosted its holdings in shares of Xponential Fitness by 80.4% during the 2nd quarter. Quarry LP now owns 3,692 shares of the company’s stock worth $58,000 after buying an additional 1,646 shares during the period. State Street Corp raised its holdings in Xponential Fitness by 0.4% in the 3rd quarter. State Street Corp now owns 541,092 shares of the company’s stock valued at $6,710,000 after acquiring an additional 1,977 shares in the last quarter. nVerses Capital LLC acquired a new stake in shares of Xponential Fitness during the 2nd quarter worth approximately $34,000. Principal Financial Group Inc. increased its holdings in Xponential Fitness by 13.1% in the 2nd quarter. Principal Financial Group Inc. now owns 19,021 shares of the company’s stock valued at $297,000 after buying an additional 2,203 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in Xponential Fitness by 1.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 195,380 shares of the company’s stock worth $2,423,000 after purchasing an additional 2,670 shares in the last quarter. Institutional investors and hedge funds 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.