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

CenterBook Partners LP purchased a new stake in Xponential Fitness, Inc. (NYSE:XPOF) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 516,759 shares of the company’s stock, valued at approximately $4,253,000. CenterBook Partners LP owned approximately 1.06% of Xponential Fitness as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Aquatic Capital Management LLC bought a new position in shares of Xponential Fitness in the third quarter valued at $44,000. Larson Financial Group LLC purchased a new position in Xponential Fitness during the 3rd quarter worth approximately $54,000. Wexford Capital LP purchased a new position in Xponential Fitness during the 3rd quarter worth approximately $59,000. State of Alaska Department of Revenue purchased a new position in Xponential Fitness during the 4th quarter worth approximately $85,000. Finally, Cerity Partners LLC purchased a new position in Xponential Fitness during the 2nd quarter worth approximately $82,000. Institutional investors own 58.55% of the company’s stock.

Analyst Ratings Changes

XPOF has been the topic of several research analyst reports. Guggenheim lowered their price objective on shares of Xponential Fitness from $12.00 to $10.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd. Wall Street Zen cut shares of Xponential Fitness from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Roth Mkm set a $7.00 price objective on shares of Xponential Fitness in a research report on Friday, May 8th. Lake Street Capital cut Xponential Fitness from a “buy” rating to a “hold” rating and set a $6.00 target price on the stock. in a research note on Friday, May 8th. Finally, Northland Securities raised Xponential Fitness from a “market perform” rating to an “outperform” rating and set a $8.00 target price on the stock in a research note on Wednesday, May 20th. Two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $8.44.

Xponential Fitness Stock Up 3.8%

Shares of NYSE:XPOF opened at $5.55 on Tuesday. The firm has a fifty day moving average of $6.18 and a two-hundred day moving average of $6.93. The firm has a market capitalization of $272.65 million, a P/E ratio of -4.02 and a beta of 1.12. Xponential Fitness, Inc. has a 12-month low of $3.83 and a 12-month high of $11.14.

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

About Xponential Fitness

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.