Xponential Fitness Inc (NYSE: XPOF): On Track To A Higher Share Price

Xponential Fitness Inc (NYSE:XPOF) shares, rose in value on Thursday, November 21, with the stock price down by -6.38% to the previous day’s close as strong demand from buyers drove the stock to $14.37.

Actively observing the price movement in the last trading, the stock closed the session at $15.35, falling within a range of $13.74 and $14.59. The value of beta (5-year monthly) was 1.186. Referring to stock’s 52-week performance, its high was $18.95, and the low was $7.40. On the whole, XPOF has fluctuated by 9.44% over the past month.

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With the market capitalization of Xponential Fitness Inc currently standing at about $694.11 million, investors are eagerly awaiting this quarter’s results, scheduled for in December.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 320.19M, with a low estimate of 78M and a high estimate of 83.7M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 81.42M.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that XPOF’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Buy.

The stock’s technical analysis shows that the price of XPOF currently trading nearly 3.06% and 9.52% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.92, while the 7-day volatility ratio is showing 4.10% which for the 30-day chart, stands at 6.12%. Furthermore, Xponential Fitness Inc (XPOF)’s beta value is 1.24, and its average true range (ATR) is 0.88.

A comparison of Xponential Fitness Inc (XPOF) with its peers suggests the former has fared considerably weaker in the market. XPOF showed an intraday change of -6.38% in last session, and over the past year, it grew by 2.64%%.

Data on historical trading for Xponential Fitness Inc (NYSE:XPOF) indicates that the trading volumes over the past 10 days have averaged 0.66 and over the past 3 months, they’ve averaged 397.32K. According to company’s latest data on outstanding shares, there are 30.90 million shares outstanding.

Nearly 28.21% of Xponential Fitness Inc’s shares belong to company insiders and institutional investors own 88.58% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.18 million shares as on 2024-10-31, resulting in a short ratio of 16.23. According to the data, the short interest in Xponential Fitness Inc (XPOF) stood at 1719.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 4.57 million. The stock has risen by 11.48% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the XPOF stock heading into the next quarter.

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