Xponential Fitness, Inc. (NYSE:XPOF) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Xponential Fitness, Inc. (NYSE:XPOF) has received a consensus recommendation of “Moderate Buy” from the twelve brokerages that are currently covering the firm, MarketBeat reports. Six research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $17.60.

A number of brokerages recently issued reports on XPOF. Stifel Nicolaus raised their price objective on Xponential Fitness from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. Piper Sandler raised their target price on Xponential Fitness from $12.00 to $16.00 and gave the company a “neutral” rating in a report on Monday, January 6th. Northland Capmk upgraded Xponential Fitness to a “hold” rating in a report on Thursday, January 23rd. Finally, Northland Securities initiated coverage on Xponential Fitness in a report on Thursday, January 23rd. They set a “market perform” rating and a $17.50 target price for the company.

Xponential Fitness Trading Down 5.9 %

Shares of NYSE:XPOF opened at $17.38 on Friday. The business has a 50-day moving average price of $15.39 and a 200 day moving average price of $14.23. The company has a market capitalization of $839.50 million, a price-to-earnings ratio of -14.98 and a beta of 1.33. Xponential Fitness has a 12-month low of $7.40 and a 12-month high of $18.95.

Insider Activity

In other news, Director Mark Grabowski sold 2,595,598 shares of Xponential Fitness stock in a transaction dated 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 approximately $468,881.10. This trade represents a 98.84 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 47.83% of the company’s stock.

Institutional Investors Weigh In On Xponential Fitness

Institutional investors have recently added to or reduced their stakes in the business. AlphaQuest LLC lifted its stake in Xponential Fitness by 335.9% during 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 last quarter. Financial Management Professionals Inc. lifted its stake in Xponential Fitness by 117.6% during 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 last quarter. Asset Planning Inc purchased a new stake in Xponential Fitness during the fourth quarter worth approximately $71,000. SG Americas Securities LLC purchased a new stake in Xponential Fitness during the third quarter worth approximately $107,000. Finally, Mariner LLC purchased a new stake in Xponential Fitness during the fourth quarter worth approximately $163,000. Hedge funds and other institutional investors 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.