Xponential Fitness, Inc. (NYSE:XPOF) Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP lessened its holdings in Xponential Fitness, Inc. (NYSE:XPOF) by 21.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 208,153 shares of the company’s stock after selling 58,066 shares during the period. Wellington Management Group LLP’s holdings in Xponential Fitness were worth $2,683,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Voss Capital LLC acquired a new position in Xponential Fitness during the 4th quarter valued at approximately $29,776,000. Jacobs Levy Equity Management Inc. acquired a new stake in shares of Xponential Fitness in the 3rd quarter worth about $10,415,000. Kent Lake Capital LLC bought a new stake in Xponential Fitness in the 4th quarter valued at about $3,025,000. Schonfeld Strategic Advisors LLC acquired a new position in Xponential Fitness during the 3rd quarter valued at about $2,750,000. Finally, Los Angeles Capital Management LLC grew its position in Xponential Fitness by 204.7% in the 4th quarter. Los Angeles Capital Management LLC now owns 221,151 shares of the company’s stock worth $2,851,000 after purchasing an additional 148,576 shares during the last quarter. Institutional investors own 58.55% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on XPOF shares. Bank of America lifted their price target on Xponential Fitness from $13.00 to $15.50 and gave the company a “neutral” rating in a report on Wednesday, March 13th. Piper Sandler reduced their price target on Xponential Fitness from $12.00 to $9.00 and set a “neutral” rating for the company in a research report on Monday, May 13th. Roth Mkm assumed coverage on Xponential Fitness in a research note on Monday, June 17th. They issued a “buy” rating and a $22.00 price target for the company. Roth Capital upgraded shares of Xponential Fitness to a “strong-buy” rating in a research note on Monday, June 17th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $20.00 target price on shares of Xponential Fitness in a research report on Friday, April 12th. Three investment analysts have rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $21.05.

Xponential Fitness Trading Up 0.6 %

Shares of Xponential Fitness stock opened at $15.60 on Monday. Xponential Fitness, Inc. has a 52 week low of $7.40 and a 52 week high of $24.00. The stock has a market cap of $749.89 million, a PE ratio of -27.37 and a beta of 1.03. The company’s 50-day moving average price is $11.66 and its two-hundred day moving average price is $12.30.

Xponential Fitness (NYSE:XPOF) last released its earnings results on Thursday, May 2nd. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates 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 firm’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.02) earnings per share. On average, equities analysts predict that Xponential Fitness, Inc. will post 0.95 EPS for the current fiscal year.

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.