Voss Capital LP Increases Stock Position in Xponential Fitness, Inc. $XPOF

Voss Capital LP lifted its holdings in shares of Xponential Fitness, Inc. (NYSE:XPOF) by 86.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,033,653 shares of the company’s stock after buying an additional 2,801,153 shares during the quarter. Xponential Fitness comprises 2.4% of Voss Capital LP’s investment portfolio, making the stock its 14th biggest position. Voss Capital LP owned about 0.12% of Xponential Fitness worth $49,657,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of XPOF. Caitong International Asset Management Co. Ltd lifted its position in shares of Xponential Fitness by 1,621.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,632 shares of the company’s stock worth $30,000 after acquiring an additional 3,421 shares in the last quarter. Aquatic Capital Management LLC purchased a new stake in shares of Xponential Fitness during the third quarter worth $44,000. Larson Financial Group LLC purchased a new stake in shares of Xponential Fitness during the third quarter worth $54,000. Wexford Capital LP purchased a new stake in shares of Xponential Fitness during the third quarter worth $59,000. Finally, Cerity Partners LLC purchased a new stake in shares of Xponential Fitness during the second quarter worth $82,000. 58.55% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on XPOF shares. Zacks Research downgraded Xponential Fitness from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 2nd. Roth Mkm set a $7.00 target price on Xponential Fitness in a research report on Friday, May 8th. KeyCorp initiated coverage on Xponential Fitness in a research report on Thursday, March 12th. They issued a “sector weight” rating on the stock. Lake Street Capital downgraded Xponential Fitness from a “buy” rating to a “hold” rating and set a $6.00 price objective on the stock. in a research report on Friday, May 8th. Finally, Wall Street Zen downgraded Xponential Fitness from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Xponential Fitness has an average rating of “Hold” and an average price target of $8.44.

Xponential Fitness Stock Performance

Shares of XPOF stock opened at $6.47 on Friday. Xponential Fitness, Inc. has a 52-week low of $3.83 and a 52-week high of $11.14. The company has a market capitalization of $317.88 million, a PE ratio of -4.68 and a beta of 1.11. The business’s fifty day moving average is $6.19 and its 200 day moving average is $6.94.

Xponential Fitness (NYSE:XPOF) last issued its quarterly earnings data on Thursday, May 7th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.15). Xponential Fitness had a negative return on equity of 3.40% and a negative net margin of 11.28%.The business had revenue of $60.71 million during the quarter, compared to analysts’ expectations of $63.75 million. During the same quarter last year, the business posted $0.20 EPS. The company’s quarterly revenue was down 21.0% on a year-over-year basis. On average, sell-side analysts forecast that Xponential Fitness, Inc. will post 0.4 EPS for the current fiscal year.

Xponential Fitness Profile

Xponential Fitness is a leading franchisor and operator of boutique fitness studios headquartered in Irvine, California. The company specializes in developing, marketing, and supporting a portfolio of fitness brands that deliver low-impact cardio, strength training, and mindful movement workouts. Through its asset-light franchise model, Xponential provides entrepreneurs with proprietary studio designs, branded equipment, digital support, and comprehensive training programs to ensure consistent member experiences.

Its portfolio comprises core brands such as Club Pilates, Pure Barre, CycleBar, StretchLab, YogaSix, Row House, Rumble, AKT, and STRIDE.