Jefferies Financial Group Brokers Boost Earnings Estimates for F45 Training Holdings Inc (NYSE:FXLV)

F45 Training Holdings Inc (NYSE:FXLV) – Analysts at Jefferies Financial Group lifted their FY2021 EPS estimates for shares of F45 Training in a report issued on Tuesday, January 11th. Jefferies Financial Group analyst R. Konik now anticipates that the company will post earnings of ($0.89) per share for the year, up from their previous forecast of ($0.90). Jefferies Financial Group currently has a “Buy” rating and a $23.00 price target on the stock.

F45 Training (NYSE:FXLV) last issued its quarterly earnings data on Friday, November 12th. The company reported ($1.50) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($1.40). The business had revenue of $27.18 million for the quarter, compared to analyst estimates of $30.05 million.

Several other research firms have also recently issued reports on FXLV. Cowen decreased their target price on shares of F45 Training from $20.00 to $17.00 and set an “outperform” rating for the company in a research note on Monday, November 15th. JPMorgan Chase & Co. raised shares of F45 Training from a “neutral” rating to an “overweight” rating and set a $15.00 target price for the company in a report on Friday, December 17th. Finally, Zacks Investment Research lowered shares of F45 Training from a “hold” rating to a “sell” rating in a report on Tuesday. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $20.25.

Shares of F45 Training stock opened at $12.39 on Friday. F45 Training has a 52-week low of $9.38 and a 52-week high of $17.75. The stock has a 50 day moving average price of $11.42.

Several institutional investors have recently bought and sold shares of the stock. Caledonia Private Investments Pty Ltd acquired a new position in F45 Training in the third quarter valued at about $100,164,000. Bardin Hill Management Partners LP bought a new stake in F45 Training in the third quarter valued at approximately $48,851,000. Massachusetts Financial Services Co. MA bought a new stake in F45 Training in the third quarter valued at approximately $41,612,000. Citadel Advisors LLC acquired a new position in shares of F45 Training in the third quarter valued at approximately $19,984,000. Finally, Grosvenor Holdings L.L.C. acquired a new position in shares of F45 Training in the third quarter valued at approximately $31,922,000. Institutional investors and hedge funds own 39.69% of the company’s stock.

In other F45 Training news, CEO Adam Gilchrist acquired 27,500 shares of F45 Training stock in a transaction that occurred on Wednesday, December 1st. The stock was purchased at an average cost of $9.48 per share, with a total value of $260,700.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Kennedy Lewis Management Lp purchased 125,000 shares of the business’s stock in a transaction dated Monday, November 29th. The shares were purchased at an average cost of $10.73 per share, with a total value of $1,341,250.00. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 262,500 shares of company stock valued at $2,782,250.

F45 Training Company Profile

F45 Training Holdings Inc offers consumers functional workouts. It utilizes proprietary technologies a fitness programming algorithm and a patented technology-enabled delivery platform. F45 Training Holdings Inc is based in AUSTIN, Texas.

Recommended Story: How to Invest in Stocks with Increasing Dividends

Receive News & Ratings for F45 Training Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for F45 Training and related companies with MarketBeat.com's FREE daily email newsletter.