Nomura Holdings Inc. Acquires New Stake in Xponential Fitness, Inc. (NYSE:XPOF)

Nomura Holdings Inc. acquired a new stake in Xponential Fitness, Inc. (NYSE:XPOF - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 59,005 shares of the company's stock, valued at approximately $794,000. Nomura Holdings Inc. owned approximately 0.12% of Xponential Fitness at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. AlphaQuest LLC lifted its position in Xponential Fitness by 335.9% during the 4th quarter. AlphaQuest LLC now owns 4,843 shares of the company's stock worth $65,000 after buying an additional 3,732 shares in the last quarter. Financial Management Professionals Inc. lifted its position in Xponential Fitness by 117.6% during the 4th quarter. Financial Management Professionals Inc. now owns 5,021 shares of the company's stock worth $68,000 after buying an additional 2,714 shares in the last quarter. Asset Planning Inc bought a new stake in Xponential Fitness during the 4th quarter worth about $71,000. Mariner LLC bought a new stake in Xponential Fitness during the 4th quarter worth about $163,000. Finally, EntryPoint Capital LLC bought a new stake in Xponential Fitness during the 4th quarter worth about $177,000. 58.55% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on XPOF shares. Guggenheim reissued a "buy" rating and set a $13.00 price target on shares of Xponential Fitness in a research report on Monday, May 12th. Piper Sandler cut their price target on shares of Xponential Fitness from $16.00 to $9.00 and set a "neutral" rating on the stock in a research report on Friday, March 14th. Stifel Nicolaus cut shares of Xponential Fitness from a "buy" rating to a "hold" rating and cut their price target for the stock from $20.00 to $12.00 in a research report on Friday, March 14th. Northland Securities assumed coverage on shares of Xponential Fitness in a research report on Thursday, January 23rd. They set a "market perform" rating and a $17.50 price target on the stock. Finally, Raymond James dropped their target price on shares of Xponential Fitness from $16.00 to $15.00 and set a "strong-buy" rating on the stock in a report on Friday, May 9th. Six investment analysts have rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, Xponential Fitness has a consensus rating of "Moderate Buy" and a consensus price target of $13.94.

Xponential Fitness Stock Performance

Shares of XPOF stock opened at $8.88 on Tuesday. The firm's 50-day moving average is $8.20 and its 200-day moving average is $12.62. The stock 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 52-week low of $6.64 and a 52-week high of $18.95.

Xponential Fitness (NYSE:XPOF - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported ($0.20) EPS for the quarter, missing analysts' consensus estimates of $0.15 by ($0.35). Xponential Fitness had a negative net margin of 9.15% and a negative return on equity of 4.37%. The company had revenue of $76.88 million during the quarter, compared to analyst estimates of $75.37 million. During the same quarter last year, the company posted $0.16 EPS. The firm's quarterly revenue was down 3.4% on a year-over-year basis. Sell-side analysts predict that Xponential Fitness, Inc. will post 0.61 EPS for the current fiscal year.

Xponential Fitness 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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