Xponential Fitness, Inc. (NYSE:XPOF – Get Rating) has received an average rating of “Buy” from the nine brokerages that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $35.13.
Several brokerages have commented on XPOF. Piper Sandler boosted their price target on shares of Xponential Fitness from $36.00 to $42.00 in a research report on Friday, May 5th. Citigroup boosted their price target on shares of Xponential Fitness from $32.00 to $39.00 in a research report on Monday, May 8th. Guggenheim lifted their price target on Xponential Fitness from $29.00 to $31.00 and gave the stock a “buy” rating in a research note on Monday, March 13th. Lake Street Capital lifted their target price on Xponential Fitness from $38.00 to $41.00 in a research note on Friday, May 5th. Finally, Raymond James lifted their price target on Xponential Fitness from $30.00 to $32.00 and gave the company a “strong-buy” rating in a report on Friday, March 3rd.
Xponential Fitness Stock Up 7.1 %
Shares of NYSE XPOF opened at $26.53 on Tuesday. Xponential Fitness has a fifty-two week low of $11.20 and a fifty-two week high of $33.58. The firm’s 50-day simple moving average is $29.93 and its 200 day simple moving average is $26.36. The stock has a market cap of $1.31 billion, a P/E ratio of -7.49, a P/E/G ratio of 2.23 and a beta of 1.46.
Insider Buying and Selling
In related news, COO Ryan Junk sold 26,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of $28.26, for a total value of $734,760.00. Following the completion of the sale, the chief operating officer now directly owns 12,465 shares in the company, valued at approximately $352,260.90. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, CEO Anthony Geisler sold 66,200 shares of the company’s stock in a transaction that occurred on Friday, March 31st. The stock was sold at an average price of $30.26, for a total transaction of $2,003,212.00. Following the completion of the transaction, the chief executive officer now directly owns 873,969 shares in the company, valued at $26,446,301.94. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Ryan Junk sold 26,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of $28.26, for a total value of $734,760.00. Following the transaction, the chief operating officer now owns 12,465 shares of the company’s stock, valued at $352,260.90. The disclosure for this sale can be found here. In the last ninety days, insiders sold 525,419 shares of company stock worth $16,447,906. 47.86% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of XPOF. Dorsey Wright & Associates acquired a new position in shares of Xponential Fitness during the fourth quarter worth approximately $28,000. Macquarie Group Ltd. increased its position in shares of Xponential Fitness by 133.2% during the second quarter. Macquarie Group Ltd. now owns 2,696 shares of the company’s stock valued at $34,000 after purchasing an additional 1,540 shares during the period. Point72 Hong Kong Ltd bought a new stake in shares of Xponential Fitness during the second quarter valued at approximately $34,000. Advisor Group Holdings Inc. increased its position in shares of Xponential Fitness by 139.0% during the fourth quarter. Advisor Group Holdings Inc. now owns 2,251 shares of the company’s stock valued at $51,000 after purchasing an additional 1,309 shares during the period. Finally, Hillsdale Investment Management Inc. bought a new stake in shares of Xponential Fitness during the third quarter valued at approximately $82,000. 28.77% of the stock is currently owned by institutional investors and hedge funds.
About Xponential Fitness
Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in the United States and internationally. The company offers fitness and wellness services, including pilates, barre, cycling, stretching, rowing, yoga, boxing, dancing, running, and functional training under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands.
Featured Stories
- Get a free copy of the StockNews.com research report on Xponential Fitness (XPOF)
- MarketBeat Week in Review – 5/22 – 5/26
- Big Lots Becomes A Stomach Churning Value Play
- The Melt-Up In Marvell Is On; But Don’t Chase It Higher
- Is Apple a Growth Stock or a Value Stock?
- Costco’s Earnings Call Reassure Economists, Recession Cancelled
Receive News & Ratings for Xponential Fitness Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xponential Fitness and related companies with MarketBeat.com's FREE daily email newsletter.
