Charles Schwab Investment Management Inc. Has $2.68 Million Stock Holdings in Xponential Fitness, Inc. (NYSE:XPOF)

Charles Schwab Investment Management Inc. lifted its position in shares of Xponential Fitness, Inc. (NYSE:XPOF) by 1.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 199,092 shares of the company’s stock after purchasing an additional 3,712 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Xponential Fitness were worth $2,678,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp lifted its holdings in Xponential Fitness by 0.4% during the third quarter. State Street Corp now owns 541,092 shares of the company’s stock worth $6,710,000 after acquiring an additional 1,977 shares in the last quarter. Financial Management Professionals Inc. lifted its holdings in shares of Xponential Fitness by 117.6% during the 4th quarter. Financial Management Professionals Inc. now owns 5,021 shares of the company’s stock valued at $68,000 after purchasing an additional 2,714 shares in the last quarter. SkyView Investment Advisors LLC grew its position in shares of Xponential Fitness by 23.3% in the 3rd quarter. SkyView Investment Advisors LLC now owns 18,500 shares of the company’s stock valued at $229,000 after purchasing an additional 3,500 shares during the period. Geode Capital Management LLC increased its stake in Xponential Fitness by 0.7% during the 3rd quarter. Geode Capital Management LLC now owns 538,436 shares of the company’s stock worth $6,678,000 after purchasing an additional 3,658 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC raised its holdings in Xponential Fitness by 17.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 26,700 shares of the company’s stock worth $359,000 after buying an additional 3,915 shares during the period. Institutional investors and hedge funds own 58.55% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Piper Sandler lowered their price objective on shares of Xponential Fitness from $16.00 to $9.00 and set a “neutral” rating for the company in a research report on Friday, March 14th. Lake Street Capital lowered their target price on Xponential Fitness from $20.00 to $16.00 and set a “buy” rating for the company in a report on Friday, March 14th. Northland Securities started coverage on Xponential Fitness in a report on Thursday, January 23rd. They issued a “market perform” rating and a $17.50 price target on the stock. B. Riley decreased their price objective on Xponential Fitness from $12.00 to $9.00 and set a “neutral” rating for the company in a report on Friday, March 14th. Finally, Stifel Nicolaus cut Xponential Fitness from a “buy” rating to a “hold” rating and cut their target price for the company from $20.00 to $12.00 in a research note on Friday, March 14th. Six equities research analysts have rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $15.28.

Xponential Fitness Trading Up 6.9 %

NYSE XPOF opened at $8.48 on Friday. Xponential Fitness, Inc. has a 12 month low of $7.22 and a 12 month high of $18.95. The stock has a 50 day moving average of $14.05 and a 200-day moving average of $13.88. The company has a market cap of $411.05 million, a PE ratio of -7.31 and a beta of 1.38.

Xponential Fitness (NYSE:XPOF) last announced its quarterly earnings results on Thursday, March 13th. The company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.63). The firm had revenue of $83.22 million during the quarter, compared to analyst estimates of $81.12 million. Xponential Fitness had a negative net margin of 9.15% and a negative return on equity of 4.37%. The business’s revenue was down 6.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.08 EPS. As a group, sell-side analysts predict that Xponential Fitness, Inc. will post 0.61 EPS for the current fiscal year.

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.