Xponential Fitness, Inc. (NYSE:XPOF) Shares Acquired by Renaissance Technologies LLC

Renaissance Technologies LLC lifted its position in shares of Xponential Fitness, Inc. (NYSE:XPOF - Free Report) by 135.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 174,100 shares of the company's stock after acquiring an additional 100,100 shares during the period. Renaissance Technologies LLC owned approximately 0.36% of Xponential Fitness worth $2,342,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of XPOF. State Street Corp boosted its stake in Xponential Fitness by 0.4% in the 3rd quarter. State Street Corp now owns 541,092 shares of the company's stock worth $6,710,000 after purchasing an additional 1,977 shares during the period. Geode Capital Management LLC boosted its stake in shares of Xponential Fitness by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 539,904 shares of the company's stock worth $7,263,000 after purchasing an additional 1,468 shares during the period. Clark Estates Inc. NY purchased a new stake in shares of Xponential Fitness in the fourth quarter worth approximately $2,690,000. Charles Schwab Investment Management Inc. lifted its position in shares of Xponential Fitness by 1.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 199,092 shares of the company's stock worth $2,678,000 after purchasing an additional 3,712 shares during the last quarter. Finally, PCJ Investment Counsel Ltd. bought a new position in Xponential Fitness in the 4th quarter worth about $2,192,000. Hedge funds and other institutional investors own 58.55% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. 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. Northland Securities began coverage on shares of Xponential Fitness in a report on Thursday, January 23rd. They set a "market perform" rating and a $17.50 price objective on the stock. Northland Capmk raised Xponential Fitness to a "hold" rating in a report on Thursday, January 23rd. Lake Street Capital dropped their target price on Xponential Fitness from $20.00 to $16.00 and set a "buy" rating on the stock in a report on Friday, March 14th. Finally, Stifel Nicolaus downgraded Xponential Fitness from a "buy" rating to a "hold" rating and reduced their target price for the stock from $20.00 to $12.00 in a research note on Friday, March 14th. Six equities research analysts have rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $15.28.

Xponential Fitness Stock Up 1.9 %

XPOF stock traded up $0.16 on Tuesday, reaching $8.43. 914,947 shares of the company's stock were exchanged, compared to its average volume of 652,873. Xponential Fitness, Inc. has a twelve month low of $6.64 and a twelve month high of $18.95. The stock has a fifty day moving average of $9.60 and a 200-day moving average of $13.02. The firm has a market cap of $408.72 million, a PE ratio of -7.27 and a beta of 1.57.

Xponential Fitness (NYSE:XPOF - Get Free Report) last issued its quarterly earnings data on Thursday, March 13th. The company reported ($0.19) EPS for the quarter, missing analysts' consensus estimates of $0.44 by ($0.63). Xponential Fitness had a negative net margin of 9.15% and a negative return on equity of 4.37%. The business had revenue of $83.22 million during the quarter, compared to analyst estimates of $81.12 million. During the same period in the previous year, the company posted $0.08 earnings per share. Xponential Fitness's revenue was down 6.8% on a year-over-year basis. On average, equities research analysts predict that Xponential Fitness, Inc. will post 0.61 EPS for the current fiscal 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.