Fund 1 Investments LLC Makes New $12.51 Million Investment in Xponential Fitness, Inc. $XPOF

Fund 1 Investments LLC bought a new position in Xponential Fitness, Inc. (NYSE:XPOF) in the 2nd quarter, Holdings Channel.com reports. The firm bought 1,808,068 shares of the company’s stock, valued at approximately $12,512,000. Xponential Fitness comprises approximately 2.1% of Fund 1 Investments LLC’s holdings, making the stock its 16th biggest holding.

Several other hedge funds and other institutional investors have also bought and sold shares of XPOF. Caitong International Asset Management Co. Ltd boosted its stake in shares of Xponential Fitness by 1,621.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,632 shares of the company’s stock valued at $30,000 after purchasing an additional 3,421 shares in the last quarter. Aquatic Capital Management LLC purchased a new position in shares of Xponential Fitness in the third quarter worth $44,000. Larson Financial Group LLC bought a new stake in Xponential Fitness during the 3rd quarter valued at $54,000. Wexford Capital LP bought a new stake in Xponential Fitness during the 3rd quarter valued at $59,000. Finally, Cerity Partners LLC bought a new stake in Xponential Fitness during the 2nd quarter valued at $82,000. Hedge funds and other institutional investors own 58.55% of the company’s stock.

Xponential Fitness Stock Up 8.2%

Shares of Xponential Fitness stock opened at $5.67 on Thursday. The company has a market cap of $279.64 million, a PE ratio of -3.86 and a beta of 1.07. The business has a 50 day moving average of $6.24 and a 200 day moving average of $6.35. Xponential Fitness, Inc. has a 52 week low of $3.83 and a 52 week high of $9.25.

Xponential Fitness (NYSE:XPOF) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.11). The company had revenue of $65.97 million during the quarter, compared to the consensus estimate of $64.42 million. Xponential Fitness had a negative net margin of 13.64% and a negative return on equity of 3.40%. The business’s revenue was down 13.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.26 EPS. On average, research analysts anticipate that Xponential Fitness, Inc. will post 0.26 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Lake Street Capital lowered shares of Xponential Fitness from a “buy” rating to a “hold” rating and set a $6.00 price target on the stock. in a report on Friday, May 8th. Northland Securities raised shares of Xponential Fitness from a “market perform” rating to an “outperform” rating and set a $8.00 price objective for the company in a research note on Wednesday, May 20th. Roth Capital lowered their price objective on shares of Xponential Fitness from $7.00 to $5.00 and set a “neutral” rating for the company in a research note on Monday, August 10th. B. Riley Financial dropped their target price on shares of Xponential Fitness from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Monday, August 10th. Finally, Wall Street Zen cut Xponential Fitness from a “hold” rating to a “sell” rating in a research note on Saturday, August 1st. One analyst has rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $6.94.

About Xponential Fitness

Xponential Fitness is a leading franchisor and operator of boutique fitness studios headquartered in Irvine, California. The company specializes in developing, marketing, and supporting a portfolio of fitness brands that deliver low-impact cardio, strength training, and mindful movement workouts. Through its asset-light franchise model, Xponential provides entrepreneurs with proprietary studio designs, branded equipment, digital support, and comprehensive training programs to ensure consistent member experiences.

Its portfolio comprises core brands such as Club Pilates, Pure Barre, CycleBar, StretchLab, YogaSix, Row House, Rumble, AKT, and STRIDE.