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

Stifel Nicolaus lowered shares of Xponential Fitness (NYSE:XPOF) from a buy rating to a hold rating in a report released on Friday, Marketbeat Ratings reports. The brokerage currently has $12.00 price target on the stock, down from their previous price target of $20.00.

A number of other equities research analysts have also recently weighed in on the company. Northland Capmk upgraded Xponential Fitness to a “hold” rating in a research note on Thursday, January 23rd. Piper Sandler increased their price target on Xponential Fitness from $12.00 to $16.00 and gave the company a “neutral” rating in a research note on Monday, January 6th. Finally, Northland Securities assumed coverage on Xponential Fitness in a research note on Thursday, January 23rd. They issued a “market perform” rating and a $17.50 price target on the stock. Six investment analysts have rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Xponential Fitness currently has an average rating of “Moderate Buy” and a consensus target price of $15.28.

Xponential Fitness Trading Down 38.5 %

NYSE XPOF opened at $7.45 on Friday. The company has a market cap of $360.05 million, a PE ratio of -6.43 and a beta of 1.38. Xponential Fitness has a 12 month low of $7.22 and a 12 month high of $18.95. The stock has a 50 day moving average of $15.24 and a 200-day moving average of $14.16.

Xponential Fitness (NYSE:XPOF) last released its quarterly earnings data on Thursday, March 13th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of $0.44 by ($0.63). The company had revenue of $83.22 million during the quarter, compared to analyst estimates of $81.12 million. Xponential Fitness had a negative net margin of 9.15% and a negative return on equity of 4.37%. The company’s quarterly revenue was down 6.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.08 EPS. As a group, sell-side analysts predict that Xponential Fitness will post 0.61 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in XPOF. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Xponential Fitness in the fourth quarter worth $29,000. Point72 Asset Management L.P. bought a new position in shares of Xponential Fitness in the fourth quarter worth $46,000. AlphaQuest LLC increased its position in shares of Xponential Fitness by 335.9% in the fourth quarter. AlphaQuest LLC now owns 4,843 shares of the company’s stock worth $65,000 after purchasing an additional 3,732 shares during the period. Financial Management Professionals Inc. increased its position in shares of Xponential Fitness by 117.6% in the fourth quarter. Financial Management Professionals Inc. now owns 5,021 shares of the company’s stock worth $68,000 after purchasing an additional 2,714 shares during the period. Finally, Asset Planning Inc bought a new position in shares of Xponential Fitness in the fourth quarter worth $71,000. Institutional investors 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.