Xponential Fitness (NYSE:XPOF) Announces Earnings Results, Misses Expectations By $0.02 EPS

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

Xponential Fitness Trading Down 14.1 %

Shares of NYSE:XPOF traded down $1.90 during trading on Friday, reaching $11.53. The company had a trading volume of 1,694,721 shares, compared to its average volume of 625,243. Xponential Fitness has a 12 month low of $8.30 and a 12 month high of $33.49. The company has a fifty day moving average of $13.92 and a two-hundred day moving average of $12.92. The stock has a market capitalization of $547.56 million, a P/E ratio of -20.23 and a beta of 1.20.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Robert W. Baird reduced their target price on Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating for the company in a report on Friday, March 1st. Stifel Nicolaus reaffirmed a “buy” rating and issued a $20.00 price target on shares of Xponential Fitness in a report on Friday, April 12th. Citigroup reduced 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. Bank of America boosted their target price on Xponential Fitness from $13.00 to $15.50 and gave the company a “neutral” rating in a research note on Wednesday, March 13th. Finally, B. Riley increased their price target on Xponential Fitness from $28.00 to $31.00 and gave the stock a “buy” rating in a research note on Friday. Three investment 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $23.85.

Insider Activity at Xponential Fitness

In other news, CFO John P. Meloun sold 6,160 shares of the stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $10.09, for a total transaction of $62,154.40. Following the transaction, the chief financial officer now directly owns 245,003 shares in the company, valued at approximately $2,472,080.27. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CFO John P. Meloun sold 6,160 shares of the stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $10.09, for a total transaction 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 transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, 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 transaction of $52,915.60. Following the completion of the sale, the insider now directly 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 over the last 90 days. 47.83% of the stock is owned by 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.