Voss Capital LLC recently announced the acquisition of new stake in Xponential Fitness Inc (NYSE:XPOF). This fresh investment now brings its stake to 9.26% valued currently at $36.87 million. In addition, MSD Partners LP raised its holdings by 0.95 million to 1.76 million shares. And BlackRock Fund Advisors has lifted its position by 5.11% or 75053.0 shares – to 1.54 million shares.
With over 0.47 million Xponential Fitness Inc (XPOF) shares trading Friday and a closing price of $12.03 on the day, the dollar volume was approximately $5.62 million. The shares have shown a negative half year performance of -39.40% and its price on 01/12/24 lost nearly -2.35%. Currently, there are 27.57M common shares owned by the public and among those 22.17M shares have been available to trade.
Insiders at the company have transacted a total of 13 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 9 of these insider trades were purchases, accounting for 1,214,512 shares. Insider sales of the common stock occurred on 4 occasions, with total insider shares sold totaling 4,047,917 shares.
The top 3 mutual fund holders in Xponential Fitness Inc are Federated Hermes Kaufmann Small C, Vanguard Total Stock Market ETF, and Columbia Acorn Fund. Federated Hermes Kaufmann Small C owns 1.53 million shares of the company’s stock, all valued at over $19.79 million. The company bought an additional 20000.0 shares recently to bring their total holdings to about 4.97% of the shares outstanding. Columbia Acorn Fund now owns shares totaling to 2.31% of the shares outstanding.
Shares of Xponential Fitness Inc (NYSE: XPOF) opened at $12.41, up $0.09 from a prior closing price of $12.32. However, the script later moved the day high at 12.72, down -2.35%. The company’s stock has a 5-day price change of 5.25% and -18.50% over the past three months. XPOF shares are trading -6.67% year to date (YTD), with the 12-month market performance down to -54.15% lower. It has a 12-month low price of $8.30 and touched a high of $33.58 over the same period. XPOF has an average intraday trading volume of 747.44K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.66%, -6.01%, and -40.68% respectively.
Institutional ownership of Xponential Fitness Inc (NYSE: XPOF) shares accounts for 96.71% of the company’s 27.57M shares outstanding. Mutual fund holders own 29.73%, while other institutional holders and individual stakeholders account for 57.07% and 28.21% respectively.
It has a market capitalization of $371.61M and a beta (3y monthly) value of 1.03. The earnings-per-share (ttm) stands at -$1.87. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.95% over the week and 7.08% over the month.
Analysts forecast that Xponential Fitness Inc (XPOF) will achieve an EPS of $0.15 for the current quarter, $0.27 for the next quarter and $1.25 for 2024. The lowest estimate earnings-per-share for the quarter is -$0.04 while analysts give the company a high EPS estimate of $0.35. Comparatively, EPS for the current quarter was -$1.13 a year ago. Earnings per share for the fiscal year are expected to increase by 15.70%, and 189.05% over the next financial year.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 13 brokerage firm advisors rate Xponential Fitness Inc (XPOF) as a “Strong Buy” at a consensus score of 1.46. Specifically, 10 Wall Street analysts polled rate the stock as a buy, while 3 of the 13 advise that investors “hold,” and 0 rated it as a “Sell.”
Looking at the support for the XPOF, a number of firms have released research notes about the stock. Piper Sandler stated their Neutral rating for the stock in a research note on January 03, 2024, with the firm’s price target at $21-$13.
