Swiss National Bank decreased its holdings in Xponential Fitness, Inc. (NYSE:XPOF – Free Report) by 8.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 49,500 shares of the company’s stock after selling 4,800 shares during the quarter. Swiss National Bank owned 0.10% of Xponential Fitness worth $638,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Voss Capital LLC bought a new stake in Xponential Fitness during the 4th quarter worth approximately $29,776,000. MSD Partners L.P. raised its stake in Xponential Fitness by 116.2% during the 3rd quarter. MSD Partners L.P. now owns 1,761,319 shares of the company’s stock worth $27,300,000 after acquiring an additional 946,757 shares during the period. Eagle Asset Management Inc. raised its stake in Xponential Fitness by 22.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 1,372,839 shares of the company’s stock worth $21,279,000 after acquiring an additional 247,115 shares during the period. Vanguard Group Inc. raised its stake in Xponential Fitness by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 1,325,963 shares of the company’s stock worth $20,552,000 after acquiring an additional 5,245 shares during the period. Finally, Jacobs Levy Equity Management Inc. bought a new stake in Xponential Fitness during the 3rd quarter worth approximately $10,415,000. Hedge funds and other institutional investors own 58.55% of the company’s stock.
Xponential Fitness Stock Performance
Shares of XPOF opened at $9.06 on Friday. The company’s fifty day moving average is $12.38 and its 200 day moving average is $12.30. Xponential Fitness, Inc. has a fifty-two week low of $7.40 and a fifty-two week high of $29.16. The stock has a market capitalization of $435.51 million, a PE ratio of -15.89 and a beta of 1.20.
Xponential Fitness (NYSE:XPOF – Get Free Report) last announced its quarterly earnings results on Thursday, May 2nd. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.02). The business had revenue of $79.52 million during the quarter, compared to the consensus estimate of $78.77 million. Xponential Fitness had a negative return on equity of 7.65% and a net margin of 1.90%. The company’s revenue for the quarter was up 12.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.02) EPS. As a group, research analysts forecast that Xponential Fitness, Inc. will post 0.75 earnings per share for the current year.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on the stock. Stifel Nicolaus reiterated a “buy” rating and set a $20.00 price objective on shares of Xponential Fitness in a research report on Friday, April 12th. B. Riley lifted their price objective on shares of Xponential Fitness from $28.00 to $31.00 and gave the company a “buy” rating in a research report on Friday, May 3rd. Bank of America lifted their price objective on shares of Xponential Fitness from $13.00 to $15.50 and gave the company a “neutral” rating in a research report on Wednesday, March 13th. Piper Sandler reduced their price objective on shares of Xponential Fitness from $12.00 to $9.00 and set a “neutral” rating on the stock in a research report on Monday, May 13th. Finally, Citigroup reduced their price objective on shares of Xponential Fitness from $23.00 to $21.00 and set a “buy” rating on the stock in a research report on Monday, March 4th. 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. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $21.50.
View Our Latest Analysis on Xponential Fitness
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.
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