Xponential Fitness (NYSE:XPOF) Announces Quarterly Earnings Results

Xponential Fitness (NYSE:XPOF) released its earnings results on Thursday. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02), Briefing.com reports. The firm had revenue of $79.52 million for the quarter, compared to the consensus estimate of $78.77 million. Xponential Fitness had a negative return on equity of 7.73% and a net margin of 1.90%. Xponential Fitness’s revenue was up 12.5% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.02) EPS.

Xponential Fitness Stock Performance

Xponential Fitness stock traded down $1.90 during midday trading on Friday, hitting $11.53. 1,694,721 shares of the company’s stock were exchanged, compared to its average volume of 625,243. The firm has a 50-day moving average of $13.92 and a two-hundred day moving average of $12.92. Xponential Fitness has a 12 month low of $8.30 and a 12 month high of $33.49. The company has a market cap of $547.56 million, a PE ratio of -20.23 and a beta of 1.20.

Insider Activity

In other Xponential Fitness news, President Sarah Luna sold 5,399 shares of the company’s stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $10.01, for a total transaction of $54,043.99. Following the completion of the sale, the president now owns 265,247 shares in the company, valued at $2,655,122.47. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other Xponential Fitness news, CFO John P. Meloun sold 6,160 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $10.09, for a total value of $62,154.40. Following the completion of the sale, the chief financial officer now owns 245,003 shares of the company’s stock, valued at $2,472,080.27. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, President Sarah Luna sold 5,399 shares of the company’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $10.01, for a total transaction of $54,043.99. Following the transaction, the president now owns 265,247 shares in the company, valued at approximately $2,655,122.47. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 35,632 shares of company stock worth $356,848. Corporate insiders own 47.83% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. B. Riley lifted their target price on shares of Xponential Fitness from $28.00 to $31.00 and gave the company a “buy” rating in a research note on Friday. Robert W. Baird lowered their price target on Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating on the stock in a report on Friday, March 1st. Bank of America lifted their price objective on shares of Xponential Fitness from $13.00 to $15.50 and gave the company a “neutral” rating in a research report on Wednesday, March 13th. Citigroup cut their price target on Xponential Fitness from $23.00 to $21.00 and set a “buy” rating for the company in a report on Monday, March 4th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $20.00 price target on shares of Xponential Fitness in a research report on Friday, April 12th. Three research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $23.85.

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.