Y Intercept Hong Kong Ltd Has $361,000 Stock Position in Xponential Fitness, Inc. $XPOF

Y Intercept Hong Kong Ltd cut its holdings in shares of Xponential Fitness, Inc. (NYSE:XPOF) by 80.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,330 shares of the company’s stock after selling 187,199 shares during the quarter. Y Intercept Hong Kong Ltd owned about 0.09% of Xponential Fitness worth $361,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of XPOF. Nomura Holdings Inc. grew its stake in shares of Xponential Fitness by 3,716.6% in the second quarter. Nomura Holdings Inc. now owns 1,297,829 shares of the company’s stock worth $9,721,000 after acquiring an additional 1,263,824 shares during the last quarter. SkyView Investment Advisors LLC boosted its holdings in Xponential Fitness by 4.9% in the 2nd quarter. SkyView Investment Advisors LLC now owns 39,871 shares of the company’s stock valued at $302,000 after purchasing an additional 1,859 shares during the period. Solel Partners LP acquired a new stake in Xponential Fitness in the 2nd quarter worth $1,945,000. Man Group plc increased its holdings in shares of Xponential Fitness by 167.7% during the 2nd quarter. Man Group plc now owns 85,653 shares of the company’s stock worth $642,000 after purchasing an additional 53,661 shares during the period. Finally, Militia Capital Partners LP bought a new position in shares of Xponential Fitness during the 2nd quarter worth about $126,000. 58.55% of the stock is owned by institutional investors.

Xponential Fitness Price Performance

Shares of XPOF stock opened at $8.56 on Thursday. The stock’s fifty day simple moving average is $7.90 and its 200 day simple moving average is $7.96. Xponential Fitness, Inc. has a one year low of $5.38 and a one year high of $18.87. The firm has a market cap of $418.67 million, a price-to-earnings ratio of -5.19 and a beta of 1.41.

Xponential Fitness (NYSE:XPOF) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.20. Xponential Fitness had a negative return on equity of 6.85% and a negative net margin of 15.30%.The firm had revenue of $78.82 million during the quarter, compared to analyst estimates of $75.25 million. During the same period in the prior year, the company posted ($0.04) earnings per share. The business’s revenue for the quarter was down 2.1% compared to the same quarter last year. On average, research analysts anticipate that Xponential Fitness, Inc. will post 0.61 earnings per share for the current year.

Wall Street Analysts Forecast Growth

XPOF has been the subject of several research reports. Stifel Nicolaus reduced their target price on shares of Xponential Fitness from $10.00 to $8.00 and set a “hold” rating for the company in a research note on Friday, November 21st. Wall Street Zen raised Xponential Fitness from a “hold” rating to a “buy” rating in a report on Tuesday, November 11th. Guggenheim decreased their price objective on Xponential Fitness from $13.00 to $12.00 and set a “buy” rating on the stock in a report on Monday, November 10th. Weiss Ratings restated a “sell (d-)” rating on shares of Xponential Fitness in a research report on Wednesday, January 21st. Finally, UBS Group assumed coverage on Xponential Fitness in a research note on Friday, October 17th. They issued a “neutral” rating and a $8.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $10.86.

Xponential Fitness Company Profile

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.