Fitness

Xponential Fitness (NYSE:XPOF) Price Target Lowered to $27.00 at Raymond James

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Xponential Fitness (NYSE: XPOF- Get a rating) saw its target price reduced by Raymond James Research analysts from $28.00 to $27.00 in a note issued to investors on Friday, Benzinga reports. The company currently has a “Strong Buy” rating on the stock. Raymond James’ price target suggests a potential upside of 31.77% from the current stock price.

Other stock research analysts have also published research reports on the stock. Morgan Stanley raised its price target on Xponential Fitness shares from $21.00 to $23.00 and gave the stock an “overweight” rating in a Friday, November 12 report. Piper Sandler raised her price target on Xponential Fitness shares from $20.00 to $32.00 and gave the company an “overweight” rating in a Friday, November 12 research report. Zacks Investment Research moved shares of Xponential Fitness from a “hold” rating to a “buy” rating and set a target price of $18.00 for the company in a report on Friday, January 14. Robert W. Baird raised his price target on Xponential Fitness stock from $16.00 to $26.00 and gave the stock an “outperform” rating in a Friday, November 12 research note. They noted that the move was a review call. Finally, Roth Capital began covering Xponential Fitness shares in a research note on Tuesday, November 16. They issued a “buy” rating and a price target of $29.00 for the company. Nine research analysts rated the stock with a buy rating and one gave the stock a strong buy rating. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $22.83.

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NYSE: XPOF opened at $20.49 on Friday. The company has a quick ratio of 0.86, a current ratio of 0.95 and a leverage ratio of 80.16. The stock’s 50-day simple moving average is $18.54. Xponential Fitness has a one-year minimum of $9.87 and a one-year maximum of $24.73.

Xponential Fitness (NYSE: XPOF- Get a rating) last released its results on Thursday, March 3. The company reported ($0.21) earnings per share for the quarter, meeting the Zacks consensus estimate of ($0.21). On average, stock analysts expect Xponential Fitness to post -1.16 earnings per share for the current fiscal year.

Institutional investors have recently increased or reduced their stake in the stock. Teacher Retirement System of Texas bought a new stock position in Xponential Fitness during Q3 worth $5,393,000. Deutsche Bank AG acquired a new position in Xponential Fitness in Q3, valued at around $68,000. Cinctive Capital Management LP acquired a new position in Xponential Fitness in Q3 worth approximately $2,416,000. Squarepoint Ops LLC acquired a new position in Xponential Fitness in Q3 worth approximately $1,269,000. Finally, Two Sigma Investments LP acquired a new position in Xponential Fitness in Q3 valued at approximately $741,000.

About Xponential Fitness (Get a rating)

Xponential Fitness Inc is a curator of boutique fitness brands across multiple verticals. The company has built and curated a diverse platform of boutique fitness brands spanning all verticals, including Pilates, indoor cycling, barre, stretching, rowing, dance, boxing, running and yoga. Its brand portfolio includes Club Pilates, CycleBar, StretchLab, Row House, AKT, YogaSix and STRIDE.

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Analyst Recommendations for Xponential Fitness (NYSE: XPOF)

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