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

Xponential Fitness (NYSE:XPOF) announced its quarterly earnings data 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. Xponential Fitness had a negative net margin of 0.28% and a negative return on equity of 16.60%. The company had revenue of $79.52 million for the quarter, compared to the consensus estimate of $78.77 million. During the same period last year, the business posted ($0.02) earnings per share. The firm’s quarterly revenue was up 12.5% compared to the same quarter last year.

Xponential Fitness Stock Performance

Shares of NYSE:XPOF traded down $1.90 during midday trading on Friday, reaching $11.53. 1,694,720 shares of the company’s stock traded hands, compared to its average volume of 680,019. Xponential Fitness has a one year low of $8.30 and a one year high of $33.49. The company has a market cap of $547.56 million, a price-to-earnings ratio of -6.99 and a beta of 1.20. The stock has a 50 day moving average of $13.89 and a 200 day moving average of $12.94.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on XPOF shares. Robert W. Baird dropped their price target on shares of Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating for the company in a research report on Friday, March 1st. B. Riley increased their target price on shares of Xponential Fitness from $28.00 to $31.00 and gave the stock a “buy” rating in a report on Friday. Bank of America boosted their price target on Xponential Fitness from $13.00 to $15.50 and gave the company a “neutral” rating in a report on Wednesday, March 13th. Citigroup dropped their price objective 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 objective 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 issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Xponential Fitness currently has an average rating of “Moderate Buy” and a consensus target price of $23.85.

Insider Activity

In other news, insider Andrew Hagopian sold 5,260 shares of the firm’s stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $10.06, for a total value of $52,915.60. Following the transaction, the insider now directly owns 228,390 shares in the company, valued at approximately $2,297,603.40. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other Xponential Fitness news, President Sarah Luna sold 5,399 shares of the stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $10.01, for a total value of $54,043.99. Following the transaction, the president now directly owns 265,247 shares in the company, valued at $2,655,122.47. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Andrew Hagopian sold 5,260 shares of Xponential Fitness stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $10.06, for a total transaction of $52,915.60. Following the transaction, the insider now owns 228,390 shares in the company, valued at approximately $2,297,603.40. The disclosure for this sale can be found here. Insiders have sold a total of 35,632 shares of company stock valued at $356,848 in the last 90 days. 47.83% of the stock is currently owned by insiders.

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.