95,441 Shares in Xponential Fitness, Inc. (NYSE:XPOF) Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets acquired a new stake in Xponential Fitness, Inc. (NYSE:XPOF - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 95,441 shares of the company's stock, valued at approximately $1,284,000. BNP Paribas Financial Markets owned 0.20% of Xponential Fitness as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in XPOF. AlphaQuest LLC increased its stake in shares of Xponential Fitness by 335.9% in the fourth quarter. AlphaQuest LLC now owns 4,843 shares of the company's stock worth $65,000 after purchasing an additional 3,732 shares in the last quarter. Financial Management Professionals Inc. grew its stake in Xponential Fitness by 117.6% during the fourth quarter. Financial Management Professionals Inc. now owns 5,021 shares of the company's stock valued at $68,000 after acquiring an additional 2,714 shares in the last quarter. Asset Planning Inc purchased a new position in Xponential Fitness during the fourth quarter valued at approximately $71,000. Mariner LLC purchased a new position in Xponential Fitness during the fourth quarter valued at approximately $163,000. Finally, EntryPoint Capital LLC purchased a new position in Xponential Fitness during the fourth quarter valued at approximately $177,000. 58.55% of the stock is owned by hedge funds and other institutional investors.

Xponential Fitness Stock Performance

Shares of XPOF opened at $8.88 on Tuesday. The firm has a market cap of $430.54 million, a price-to-earnings ratio of -7.66 and a beta of 1.57. Xponential Fitness, Inc. has a fifty-two week low of $6.64 and a fifty-two week high of $18.95. The firm has a 50 day moving average price of $8.20 and a 200-day moving average price of $12.62.

Xponential Fitness (NYSE:XPOF - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported ($0.20) earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by ($0.35). The business had revenue of $76.88 million during the quarter, compared to the consensus estimate of $75.37 million. Xponential Fitness had a negative return on equity of 4.37% and a negative net margin of 9.15%. The company's revenue was down 3.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.16 earnings per share. As a group, equities research analysts predict that Xponential Fitness, Inc. will post 0.61 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on XPOF. Lake Street Capital reduced their price objective on shares of Xponential Fitness from $20.00 to $16.00 and set a "buy" rating for the company in a research note on Friday, March 14th. Stifel Nicolaus cut shares of Xponential Fitness from a "buy" rating to a "hold" rating and reduced their price objective for the company from $20.00 to $12.00 in a research note on Friday, March 14th. Piper Sandler reduced their price objective on shares of Xponential Fitness from $16.00 to $9.00 and set a "neutral" rating for the company in a research note on Friday, March 14th. B. Riley reduced their price objective on shares of Xponential Fitness from $12.00 to $9.00 and set a "neutral" rating for the company in a research note on Friday, March 14th. Finally, Raymond James reduced their price objective on shares of Xponential Fitness from $16.00 to $15.00 and set a "strong-buy" rating for the company in a research note on Friday, May 9th. Six research analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $13.94.

Xponential Fitness Company Profile

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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