CenterBook Partners LP Buys Shares of 516,759 Xponential Fitness, Inc. $XPOF

CenterBook Partners LP bought a new stake in shares of Xponential Fitness, Inc. (NYSE:XPOF) in the fourth quarter, Holdings Channel reports. The firm bought 516,759 shares of the company’s stock, valued at approximately $4,253,000.

A number of other institutional investors also recently modified their holdings of XPOF. AQR Capital Management LLC boosted its stake in shares of Xponential Fitness by 94.8% during the 1st quarter. AQR Capital Management LLC now owns 69,300 shares of the company’s stock valued at $577,000 after buying an additional 33,722 shares during the period. Geode Capital Management LLC lifted its stake in shares of Xponential Fitness by 9.6% in the 2nd quarter. Geode Capital Management LLC now owns 610,185 shares of the company’s stock valued at $4,571,000 after purchasing an additional 53,663 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Xponential Fitness by 1,347.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 170,207 shares of the company’s stock valued at $1,275,000 after purchasing an additional 158,450 shares during the last quarter. Rhumbline Advisers lifted its stake in shares of Xponential Fitness by 8.1% in the 2nd quarter. Rhumbline Advisers now owns 35,633 shares of the company’s stock valued at $267,000 after purchasing an additional 2,668 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of Xponential Fitness in the 2nd quarter valued at $204,000. Institutional investors and hedge funds own 58.55% of the company’s stock.

Xponential Fitness Price Performance

Xponential Fitness stock opened at $5.55 on Tuesday. The firm has a market cap of $272.65 million, a price-to-earnings ratio of -4.02 and a beta of 1.12. Xponential Fitness, Inc. has a fifty-two week low of $3.83 and a fifty-two week high of $11.14. The firm has a fifty day moving average price of $6.18 and a two-hundred day moving average price of $6.93.

Xponential Fitness (NYSE:XPOF) last released its earnings results on Thursday, May 7th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.15). The firm had revenue of $60.71 million for the quarter, compared to analyst estimates of $63.75 million. Xponential Fitness had a negative return on equity of 3.40% and a negative net margin of 11.28%.The firm’s revenue was down 21.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.20 EPS. As a group, sell-side analysts expect that Xponential Fitness, Inc. will post 0.4 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on XPOF. Guggenheim reduced their price objective on shares of Xponential Fitness from $12.00 to $10.00 and set a “buy” rating for the company in a research note on Monday, March 2nd. Wall Street Zen lowered shares of Xponential Fitness from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Lake Street Capital lowered shares of Xponential Fitness from a “buy” rating to a “hold” rating and set a $6.00 price objective for the company. in a research note on Friday, May 8th. Weiss Ratings lowered shares of Xponential Fitness from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday. Finally, KeyCorp began coverage on shares of Xponential Fitness in a research note on Thursday, March 12th. They issued a “sector weight” rating for the company. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Xponential Fitness currently has an average rating of “Hold” and an average price target of $8.44.

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.