Guggenheim Boosts Xponential Fitness (NYSE:XPOF) Price Target to $31.00

Xponential Fitness (NYSE:XPOF – Get Rating) had its price target upped by Guggenheim from $29.00 to $31.00 in a research note issued to investors on Monday, The Fly reports.

Other analysts have also recently issued research reports about the stock. Citigroup raised their target price on shares of Xponential Fitness from $31.00 to $32.00 and gave the stock a buy rating in a research note on Monday, March 6th. B. Riley raised their target price on shares of Xponential Fitness from $30.00 to $32.00 and gave the stock a buy rating in a research note on Friday, January 13th. Morgan Stanley raised their target price on shares of Xponential Fitness from $28.00 to $30.00 and gave the stock an overweight rating in a research note on Friday, March 3rd. Robert W. Baird raised their price target on shares of Xponential Fitness from $32.00 to $34.00 in a research report on Friday, March 3rd. Finally, Raymond James raised their price target on shares of Xponential Fitness from $30.00 to $32.00 and gave the stock a strong-buy rating in a research report on Friday, March 3rd. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Xponential Fitness has an average rating of Buy and an average target price of $32.63.

Xponential Fitness Stock Performance

NYSE XPOF opened at $27.33 on Monday. The firm has a 50-day moving average of $25.94 and a 200-day moving average of $22.22. The stock has a market cap of $1.35 billion, a PE ratio of -7.45, a P/E/G ratio of 1.30 and a beta of 1.41. Xponential Fitness has a 52-week low of $11.20 and a 52-week high of $30.70.

Insider Buying and Selling at Xponential Fitness

In other Xponential Fitness news, CEO Anthony Geisler sold 110,445 shares of the firm’s stock in a transaction dated Monday, March 6th. The shares were sold at an average price of $30.34, for a total value of $3,350,901.30. Following the transaction, the chief executive officer now directly owns 942,069 shares of the company’s stock, valued at approximately $28,582,373.46. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Xponential Fitness news, CEO Anthony Geisler sold 110,445 shares of the firm’s stock in a transaction dated Monday, March 6th. The shares were sold at an average price of $30.34, for a total value of $3,350,901.30. Following the transaction, the chief executive officer now directly owns 942,069 shares of the company’s stock, valued at approximately $28,582,373.46. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Mark Grabowski sold 4,000,000 shares of the firm’s stock in a transaction dated Friday, February 10th. The shares were sold at an average price of $24.50, for a total transaction of $98,000,000.00. Following the completion of the transaction, the director now directly owns 10,472 shares in the company, valued at $256,564. The disclosure for this sale can be found here. Insiders have sold a total of 5,870,735 shares of company stock valued at $144,519,681 in the last ninety days. 69.33% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Xponential Fitness

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Driehaus Capital Management LLC grew its holdings in shares of Xponential Fitness by 1.8% during the 4th quarter. Driehaus Capital Management LLC now owns 2,171,620 shares of the company’s stock valued at $49,795,000 after purchasing an additional 38,612 shares during the last quarter. Federated Hermes Inc. grew its holdings in shares of Xponential Fitness by 6.0% during the 3rd quarter. Federated Hermes Inc. now owns 1,850,000 shares of the company’s stock valued at $33,781,000 after purchasing an additional 105,000 shares during the last quarter. Eagle Asset Management Inc. grew its holdings in shares of Xponential Fitness by 7.4% during the 4th quarter. Eagle Asset Management Inc. now owns 1,179,458 shares of the company’s stock valued at $26,750,000 after purchasing an additional 80,859 shares during the last quarter. BlackRock Inc. grew its holdings in shares of Xponential Fitness by 6.3% during the 3rd quarter. BlackRock Inc. now owns 1,057,332 shares of the company’s stock valued at $19,307,000 after purchasing an additional 62,579 shares during the last quarter. Finally, Ophir Asset Management Pty Ltd grew its holdings in shares of Xponential Fitness by 57.1% during the 3rd quarter. Ophir Asset Management Pty Ltd now owns 912,923 shares of the company’s stock valued at $16,670,000 after purchasing an additional 331,864 shares during the last quarter. 28.77% of the stock is owned by institutional investors.

About Xponential Fitness

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Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in the United States and internationally. The company offers fitness and wellness services, including pilates, barre, cycling, stretching, rowing, yoga, boxing, dancing, running, and functional training under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands.