|Over a week ago|
Raymond James to hold a virtual conference » 09:3709/1409/14/21
SYBT, ONEW, SHAK, POSH, DIBS, XPOF, REAL, TPB
Consumer Virtual Conference to be held on September 13-14.
Xponential Fitness CFO buys 9,975 shares of common stock » 20:3909/1309/13/21
In a regulatory filing,…
In a regulatory filing, Xponential Fitness disclosed that its CFO John Meloun bought 9,975 shares of common stock on September 10th in a total transaction size of $109.6K.
Xponential Fitness falls -9.0% » 12:0008/3008/30/21
Xponential Fitness is…
Xponential Fitness is down -9.0%, or -$1.08 to $10.87.
|Over a month ago|
Xponential Fitness initiated with Buy, $16 target at Guggenheim » 10:3508/1708/17/21
Guggenheim analyst John…
Guggenheim analyst John Heinbockel earlier today initiated coverage of Xponential Fitness with a Buy rating and $16 price target. Xponential is the only operator of a scaled specialty fitness brand portfolio, Heinbockel tells investors in a research note. The business is well positioned to grow member and spending share amid rebounding demand and reduced capacity in the near-term, and the presence of "nine leading, but very different," brands lays the foundation for a sustainable 15%-20% growth, says the analyst.
Morgan Stanley starts Xponential Fitness at Overweight, sees 'attractive' value » 08:0608/1708/17/21
As previously reported,…
As previously reported, Morgan Stanley analyst Brian Harbour initiated coverage of Xponential Fitness with an Overweight rating and $17 price target. Pre-COVID, the U.S. fitness club/studio industry grew at an "attractive" 6% rate and the pandemic drove a nearly 25% industry unit loss, rationalizing supply, especially among boutiques, setting up a better competitive environment for Xponential, Harbour tells investors. The company, with over 1,800 units today, could nearly double in size by 2025, said Harbour, who thinks the stock's valuation screens as "attractive relative to long-term growth opportunities."
Xponential Fitness initiated with a Buy at BofA » 07:2808/1708/17/21
BofA analyst Alexander…
BofA analyst Alexander Perry initiated coverage of Xponential Fitness with a Buy rating and $18 price target. The analyst notes that his price target assumes a multiple that is in line with other boutique fitness names, though he also sees the the risk/reward on the company as "very favorable". Perry adds that he sees "significant" unit growth with "strong visibility" into new Xponential Fitness studio openings, along with compelling franchisee economics and strong brand momentum across its nine concepts that are "not fully reflected" in the share price.
Xponential Fitness initiated with a Market Perform at Raymond James » 07:1708/1708/17/21
Raymond James analyst…
Raymond James analyst Joseph Altobello initiated coverage of Xponential Fitness with a Market Perform rating. The firm's current forecasts reflecting a recovery in the business from the impact of COVID-19 and calling for a more than doubling of adjusted EBITDA to $22M in 2021, followed by a near tripling to $63M in 2022, Altobello tells investors in a research note. Despite the company's strong positioning in the attractive boutique fitness market, the analyst believes current valuation fairly reflects Xponential's expansion opportunities.
Jefferies starts 'leading platform' Xponential Fitness at Buy » 07:0008/1708/17/21
As previously reported,…
As previously reported, Jefferies analyst Randal Konik initiated coverage of Xponential Fitness (XPOF) with a Buy rating and $18 price target. Xponential's "leading platform" of strong brands, its growing studio footprint, and its expanding digital capabilities will likely further boost its competitive positioning in the global fitness industry, said Konik, who compares the company's asset-light, recurring revenue model and unique approach to supporting consumers' health and wellness to other leading "Service-as-a-Service" platforms such as Planet Fitness (PLNT).
Baird starts Xponential Fitness at Outperform with $16 price target » 06:5008/1708/17/21
As previously reported,…
As previously reported, Baird analyst Jonathan Komp initiated coverage of Xponential Fitness with an Outperform rating and $16 price target. As the operator of the largest multi-brand portfolio of boutique fitness studios with "healthy unit economics, substantial whitespace, and attractive asset-light characteristics," he sees attractive long-term growth potential, Komp tells investors. The current valuation and sentiment should improve as investors gain confidence, he added.
Xponential Fitness initiated with a Buy at Citi » 06:4708/1708/17/21
Citi analyst Shawn…
Citi analyst Shawn Collins initiated coverage of Xponential Fitness with a Buy rating and $14.50 price target. The analyst is "encouraged" by the positive tailwinds for the health and wellness sector as well as Xponential's leading market position in boutique fitness. He views the company as an attractive play on the reopening of the economy and the evolution of fitness.