A number of other institutional investors and hedge funds also recently made changes to their positions in XPOF. Eagle Asset Management Inc. bought a new stake in shares of Xponential Fitness during the second quarter valued at $14,005,000. Driehaus Capital Management LLC increased its position in shares of Xponential Fitness by 104.3% during the second quarter. Driehaus Capital Management LLC now owns 2,099,650 shares of the company’s stock worth $26,372,000 after acquiring an additional 1,072,035 shares during the last quarter. Alta Fox Capital Management LLC purchased a new stake in shares of Xponential Fitness during the second quarter valued at $8,522,000. Woodline Partners LP purchased a new stake in shares of Xponential Fitness during the second quarter valued at $5,469,000. Finally, Federated Hermes Inc. grew its holdings in Xponential Fitness by 29.2% in the second quarter. Federated Hermes Inc. now owns 1,745,000 shares of the company’s stock valued at $21,917,000 after purchasing an additional 394,758 shares during the last quarter. Institutional investors own 28.77% of the company’s shares.
Analyst Rating Changes
A number of equities research analysts recently commented on the company. Robert W. Baird boosted their price objective on Xponential Fitness from $30.00 to $32.00 and gave the company an “outperform” rating in a report on Tuesday, January 10th. Citigroup assumed coverage on Xponential Fitness in a report on Tuesday, December 6th. They issued a “buy” rating and a $29.00 price objective for the company. Piper Sandler upped their price target on Xponential Fitness from $34.00 to $36.00 and gave the stock an “overweight” rating in a report on Friday, November 11th. Guggenheim boosted their price target on Xponential Fitness to $26.00 in a report on Wednesday, November 16th. Finally, B. Riley boosted their price objective on Xponential Fitness from $30.00 to $32.00 and gave the stock a “buy” rating in a report on Friday, January 13th. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $30.63.
Xexponential Fitness Stock was down 0.0%
NYSE:XPOF opened at $23.82 on Wednesday. The stock’s 50 day moving average price is $22.89 and its two hundred day moving average price is $19.66. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of -4.77, a P/E/E ratio of 1.10 and a beta of 1.32. Xponential Fitness, Inc. has a 12 month low of $11.20 and a 12 month high of $26.90.
Xponential Fitness (NYSE:XPOF – Get Rating ) last released its quarterly earnings data on Thursday, November 10th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.02). The business had revenue of $63.76 million for the quarter, compared to the consensus estimate of $55.15 million. Xponential Fitness had a negative net margin of 5.65% and a negative return on equity of 28.11%. Equities research analysts expect Xponential Fitness, Inc. 0.06 EPS for the current year will post.
Insider Deals at Xponential Fitness
In other news, EVP Megan Moen sold 5,285 shares of the stock in a transaction that occurred on Friday, November 11th. The stock was sold at an average price of $21.29, for a total transaction of $112,517.65. Following the transaction, the executive vice president now owns 53,874 shares in the company, valued at $1,146,977.46. The sale was disclosed in a filing with the SEC, which is available on the SEC website. Over the last quarter, insiders sold 15,933 shares of company stock valued at $346,058. Company insiders own 69.33% of the company’s shares.
Xexponential fitness profile
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, dance, running and functional training under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT trademarks.
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