Wellington Management Group LLP decreased its stake in shares of Xponential Fitness, Inc. (NYSE:XPOF – Free Report) by 21.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 208,153 shares of the company’s stock after selling 58,066 shares during the quarter. Wellington Management Group LLP owned approximately 0.44% of Xponential Fitness worth $2,683,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of XPOF. Trexquant Investment LP purchased a new stake in shares of Xponential Fitness during the 3rd quarter worth $598,000. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Xponential Fitness during the 3rd quarter worth about $2,750,000. Kennedy Capital Management LLC purchased a new stake in Xponential Fitness during the third quarter worth approximately $1,006,000. Jacobs Levy Equity Management Inc. acquired a new position in Xponential Fitness in the third quarter valued at approximately $10,415,000. Finally, Graham Capital Management L.P. increased its stake in Xponential Fitness by 50.2% in the third quarter. Graham Capital Management L.P. now owns 22,783 shares of the company’s stock valued at $353,000 after purchasing an additional 7,618 shares during the last quarter. Institutional investors and hedge funds own 58.55% of the company’s stock.
Xponential Fitness Price Performance
Shares of NYSE XPOF opened at $15.60 on Monday. The company has a market cap of $749.89 million, a PE ratio of -27.37 and a beta of 1.03. The stock has a fifty day moving average price of $11.66 and a 200 day moving average price of $12.30. Xponential Fitness, Inc. has a 1-year low of $7.40 and a 1-year high of $24.00.
Xponential Fitness (NYSE:XPOF – Get Free Report) last issued its 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 firm had revenue of $79.52 million during the quarter, compared to analysts’ expectations of $78.77 million. Xponential Fitness had a net margin of 1.90% and a negative return on equity of 7.65%. The firm’s revenue was up 12.5% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.02) EPS. Analysts anticipate that Xponential Fitness, Inc. will post 0.95 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
XPOF has been the subject of several recent analyst reports. Roth Mkm began coverage on shares of Xponential Fitness in a research report on Monday, June 17th. They set a “buy” rating and a $22.00 price objective for the company. Bank of America raised their price objective on Xponential Fitness from $13.00 to $15.50 and gave the stock a “neutral” rating in a report on Wednesday, March 13th. Roth Capital raised Xponential Fitness to a “strong-buy” rating in a report on Monday, June 17th. Stifel Nicolaus restated a “buy” rating and set a $20.00 price target on shares of Xponential Fitness in a research note on Friday, April 12th. Finally, Guggenheim boosted their price objective on Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Tuesday, June 18th. Three equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $21.05.
View Our Latest Stock Analysis on XPOF
Xponential Fitness 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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