Xponential Fitness (NYSE: XPOF – Get Rating) will release its quarterly earnings data after market close on Thursday, May 12. Analysts expect the company to report earnings of $0.15 per share for this quarter. Xponential Fitness has laid out its guidance for fiscal year 2022 in EPS, and people who want to sign up for a company earnings conference call can do so using this link.
Xponential Fitness (NYSE: XPOF – Get Rating) announced its quarterly earnings data on Thursday, March 3rd. The company reported ($0.21) earnings per share for the quarter, reaching the consensus estimate of ($0.21). The company generated $49.37 million in revenue for the quarter, compared to analyst estimates of $42.58 million. On average, analysts expect Xponential Fitness to post earnings per share of $1 for the current fiscal year and $2 for the next.
Xponential Fitness stock opened at $21.20 on Thursday. Xponential Fitness had a 12-month low of $9.87 and a 12-month high of $26.90. The company’s fifty-day moving average is $22.04.
Several research companies have weighed in on XPOF. Evercore ISI began covering shares of Xponential Fitness in a research note on Monday, March 14th. They issued a “Superior” rating and a $34.00 price target for the company. Robert W. Baird boosted his price target on Xponential Fitness from $26.00 to $28.00 in a research report on Monday, March 14th. Raymond James cut his price target on Xponential Fitness from $28.00 to $27.00 and assigned a “strong buy” rating to the stock in a report on Friday, March 4th. Finally, Zacks Investment Research lowered Xponential Fitness’ rating from a “buy strong” rating to a “hold” rating in a report on Wednesday, March 9th. One equities research analyst has rated the stock with a hold rating, while nine analysts have rated the buy and one has given the stock a strong buy rating. According to MarketBeat, the company has an average rating of “buy” and an agreed target price of $24.15.
In related news, director Mark Grabowski sold 5,175,000 shares of stock in a transaction on Monday, April 11th. The stock sold at an average price of $20.00, with a total value of $103.500.00.00. Following the completion of the sale, the director now directly owns 6,122 shares of the company’s stock, valued at approximately $122,440. The transaction was disclosed in a legal filing with the Securities and Exchange Commission, which is available at this link. 69.33% of the shares are owned by company insiders.
Several hedge funds have recently made changes to their XPOF positions. Citigroup Inc raised its stake in Xponential Fitness by 119.8% during the fourth quarter. Citigroup Inc. owns. Now 2,372 shares of the company’s stock are valued at $48,000 after purchasing an additional 1,293 shares in the last quarter. American International Group Inc. A new stake in Xponential Fitness in the third quarter valued at approximately $64,000. California Teachers Retirement System purchased a new position in shares of Xponential Fitness during the third quarter valued at approximately $64,000. Morgan Stanley bought a new position in shares of Xponential Fitness in the 3rd quarter valued at approximately $91,000. Finally, Wells Fargo & Company MN grew its stake in Xponential Fitness by 848.4% in the fourth quarter. Wells Fargo & Company MN now owns 5,776 shares of the company’s stock, valued at $118,000 after acquiring an additional 5,167 shares in the last quarter. Institutional investors own 60.65% of the company’s stock.
About Xponential Fitness (Get Rating)
Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisee in the United States and internationally. The company offers fitness and wellness services, including Pilates, barbell, cycling, stretching, rowing, yoga, boxing, dance, running, and functional training under Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, and YogaSix, Rumble, AKT, Stride and BFT.
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