Xponential Fitness (NYSE:XPOF) Releases Quarterly Earnings Results, Misses Estimates By $0.02 EPS

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

Xponential Fitness Stock Down 14.1 %

Xponential Fitness stock traded down $1.90 during midday trading on Friday, reaching $11.53. The company’s stock had a trading volume of 1,694,721 shares, compared to its average volume of 625,243. The company has a market cap of $547.56 million, a P/E ratio of -20.23 and a beta of 1.20. The business has a 50-day simple moving average of $13.92 and a 200-day simple moving average of $12.92. Xponential Fitness has a fifty-two week low of $8.30 and a fifty-two week high of $33.49.

Analyst Upgrades and Downgrades

Several research analysts recently commented on XPOF shares. Citigroup reduced their price objective on Xponential Fitness from $23.00 to $21.00 and set a “buy” rating for the company in a research note on Monday, March 4th. Robert W. Baird lowered their target price on Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating on the stock in a report on Friday, March 1st. Stifel Nicolaus restated a “buy” rating and set a $20.00 price objective on shares of Xponential Fitness in a research report on Friday, April 12th. B. Riley boosted their price objective on Xponential Fitness from $28.00 to $31.00 and gave the company a “buy” rating in a report on Friday. Finally, Bank of America lifted their target price on Xponential Fitness from $13.00 to $15.50 and gave the company a “neutral” rating in a research report on Wednesday, March 13th. Three investment 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 company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.85.

Insider Transactions at Xponential Fitness

In other news, President Sarah Luna sold 5,399 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $10.01, for a total transaction of $54,043.99. Following the sale, the president now owns 265,247 shares of the company’s stock, valued at approximately $2,655,122.47. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, President Sarah Luna sold 5,399 shares of the firm’s stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $10.01, for a total value of $54,043.99. Following the completion of the sale, the president now directly owns 265,247 shares of the company’s stock, valued at approximately $2,655,122.47. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Andrew Hagopian sold 5,260 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $10.06, for a total transaction of $52,915.60. Following the completion of the sale, the insider now owns 228,390 shares of the company’s stock, valued at approximately $2,297,603.40. The disclosure for this sale can be found here. In the last ninety days, insiders sold 35,632 shares of company stock valued at $356,848. 47.83% of the stock is currently owned by corporate insiders.

Xponential Fitness Company Profile

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.