Goldman Sachs Group Inc. reduced its stake in shares of Xponential Fitness, Inc. (NYSE:XPOF – Free Report) by 0.1% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 972,197 shares of the company’s stock after selling 1,384 shares during the period. Goldman Sachs Group Inc. owned approximately 2.00% of Xponential Fitness worth $8,098,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Xponential Fitness during the 4th quarter worth about $29,000. Point72 Asset Management L.P. purchased a new stake in shares of Xponential Fitness during the 4th quarter worth about $46,000. EntryPoint Capital LLC boosted its stake in shares of Xponential Fitness by 75.1% during the 1st quarter. EntryPoint Capital LLC now owns 23,067 shares of the company’s stock worth $192,000 after acquiring an additional 9,890 shares in the last quarter. Prescott Group Capital Management L.L.C. purchased a new stake in shares of Xponential Fitness during the 1st quarter worth about $250,000. Finally, Cubist Systematic Strategies LLC purchased a new stake in shares of Xponential Fitness during the 4th quarter worth about $254,000. 58.55% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
XPOF has been the topic of several recent analyst reports. Raymond James Financial lowered their target price on shares of Xponential Fitness from $15.00 to $14.00 and set a “strong-buy” rating on the stock in a research note on Friday, August 8th. Wall Street Zen raised shares of Xponential Fitness from a “hold” rating to a “buy” rating in a research note on Thursday, May 22nd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $12.93.
Xponential Fitness Trading Up 2.2%
Shares of Xponential Fitness stock opened at $8.95 on Friday. The firm has a market capitalization of $436.83 million, a PE ratio of -5.08 and a beta of 1.48. Xponential Fitness, Inc. has a twelve month low of $6.64 and a twelve month high of $18.87. The firm’s 50-day moving average price is $9.41 and its 200 day moving average price is $9.01.
Xponential Fitness (NYSE:XPOF – Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.07. The company had revenue of $76.21 million during the quarter, compared to analysts’ expectations of $77.23 million. The company’s quarterly revenue was down .4% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.29) earnings per share. Xponential Fitness has set its FY 2025 guidance at EPS. On average, sell-side analysts predict that Xponential Fitness, Inc. will post 0.61 EPS for the current fiscal year.
Insider Buying and Selling
In other Xponential Fitness news, Director Bruce N. Haase acquired 70,000 shares of the business’s stock in a transaction on Tuesday, August 12th. The stock was bought at an average price of $7.67 per share, for a total transaction of $536,900.00. Following the acquisition, the director owned 95,937 shares in the company, valued at approximately $735,836.79. The trade was a 269.88% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 42.26% of the company’s stock.
About Xponential Fitness
Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in North America. It offers pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training, and yoga services under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands.
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