Prescott Group Capital Management L.L.C. Takes Position in Xponential Fitness, Inc. (NYSE:XPOF)

Key Points

• Prescott Group Capital Management acquired a new position in Xponential Fitness, purchasing 30,000 shares valued at approximately $250,000, representing 0.06% of the company.
• Multiple institutional investors, including Point72 Asset Management and Mariner LLC, have also recently acquired stakes in Xponential Fitness, indicating growing institutional interest.
• Xponential Fitness reported a loss of ($0.20) EPS for the quarter, missing analysts' consensus estimates, while year-over-year revenue declined by 3.4% to $76.88 million.

Prescott Group Capital Management L.L.C. purchased a new stake in shares of Xponential Fitness, Inc. (NYSE:XPOF - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 30,000 shares of the company's stock, valued at approximately $250,000. Prescott Group Capital Management L.L.C. owned 0.06% of Xponential Fitness as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Xponential Fitness during the fourth quarter valued at $29,000. Point72 Asset Management L.P. acquired a new position in shares of Xponential Fitness during the fourth quarter valued at $46,000. Mariner LLC acquired a new position in shares of Xponential Fitness during the fourth quarter valued at $163,000. EntryPoint Capital LLC acquired a new position in shares of Xponential Fitness during the fourth quarter valued at $177,000. Finally, Wells Fargo & Company MN boosted its holdings in shares of Xponential Fitness by 35.1% during the fourth quarter. Wells Fargo & Company MN now owns 14,860 shares of the company's stock valued at $200,000 after acquiring an additional 3,860 shares during the period. Institutional investors and hedge funds own 58.55% of the company's stock.

Analyst Ratings Changes

XPOF has been the topic of a number of recent analyst reports. Raymond James Financial cut their price objective on shares of Xponential Fitness from $16.00 to $15.00 and set a "strong-buy" rating on the stock in a research note on Friday, May 9th. Guggenheim restated a "buy" rating and set a $13.00 price objective on shares of Xponential Fitness in a research note on Monday, May 12th. Finally, Wall Street Zen upgraded shares of Xponential Fitness from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd. Six analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $13.94.

Xponential Fitness Trading Down 1.7%

Shares of NYSE XPOF opened at $10.63 on Friday. Xponential Fitness, Inc. has a twelve month low of $6.64 and a twelve month high of $18.87. The firm has a 50-day moving average of $9.09 and a two-hundred day moving average of $10.85. The company has a market capitalization of $517.12 million, a price-to-earnings ratio of -5.21 and a beta of 1.46.

Xponential Fitness (NYSE:XPOF - Get Free Report) last released its 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). The company had revenue of $76.88 million for the quarter, compared to analyst estimates of $75.37 million. During the same quarter in the prior year, the firm earned $0.16 EPS. Xponential Fitness's quarterly revenue was down 3.4% on a year-over-year basis. As a group, research analysts predict that Xponential Fitness, Inc. will post 0.61 earnings per share for the current year.

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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