Xponential Fitness, Inc. $XPOF Stock Holdings Lessened by Skylands Capital LLC

by · The Cerbat Gem

Skylands Capital LLC lessened its holdings in shares of Xponential Fitness, Inc. (NYSE:XPOF – Free Report) by 74.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 37,000 shares of the company’s stock after selling 107,400 shares during the period. Skylands Capital LLC’s holdings in Xponential Fitness were worth $305,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Aquatic Capital Management LLC acquired a new position in Xponential Fitness in the third quarter valued at approximately $44,000. Larson Financial Group LLC bought a new position in shares of Xponential Fitness during the third quarter valued at approximately $54,000. Wexford Capital LP acquired a new stake in shares of Xponential Fitness during the 3rd quarter worth approximately $59,000. Cerity Partners LLC acquired a new stake in shares of Xponential Fitness during the 2nd quarter worth approximately $82,000. Finally, State of Alaska Department of Revenue bought a new stake in shares of Xponential Fitness in the 4th quarter worth approximately $85,000. Institutional investors and hedge funds own 58.55% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on XPOF shares. KeyCorp began coverage on Xponential Fitness in a research note on Thursday, March 12th. They set a “sector weight” rating for the company. Raymond James Financial reiterated a “market perform” rating on shares of Xponential Fitness in a research note on Thursday, March 19th. Robert W. Baird reduced their price target on shares of Xponential Fitness from $8.00 to $6.50 and set a “neutral” rating for the company in a report on Friday, February 27th. Guggenheim lowered their price target on shares of Xponential Fitness from $12.00 to $10.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. Finally, Zacks Research downgraded shares of Xponential Fitness from a “hold” rating to a “strong sell” rating in a research report on Friday, February 27th. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $8.92.

Check Out Our Latest Report on Xponential Fitness

Xponential Fitness Price Performance

Shares of XPOF stock opened at $6.49 on Wednesday. Xponential Fitness, Inc. has a 12-month low of $3.83 and a 12-month high of $11.14. The firm has a market capitalization of $318.09 million, a price-to-earnings ratio of -4.44 and a beta of 1.22. The business has a 50 day simple moving average of $6.54 and a 200 day simple moving average of $7.13.

Xponential Fitness (NYSE:XPOF – Get Free Report) last announced its earnings results on Thursday, February 26th. The company reported ($0.91) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.88). Xponential Fitness had a negative net margin of 10.90% and a negative return on equity of 2.19%. The business had revenue of $82.96 million for the quarter, compared to the consensus estimate of $73.42 million. During the same period in the previous year, the firm earned ($0.19) EPS. The firm’s revenue was down .3% on a year-over-year basis. On average, equities analysts anticipate that Xponential Fitness, Inc. will post 0.51 EPS for the current fiscal year.

Xponential Fitness Company Profile

(Free Report)

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.

See Also

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