Voss Capital LP Buys 101,912 Shares of Xponential Fitness, Inc. (NYSE:XPOF)

Voss Capital LP grew its position in Xponential Fitness, Inc. (NYSE:XPOF - Free Report) by 3.6% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 2,940,000 shares of the company's stock after acquiring an additional 101,912 shares during the period. Xponential Fitness accounts for approximately 2.9% of Voss Capital LP's investment portfolio, making the stock its 13th biggest position. Voss Capital LP owned 6.09% of Xponential Fitness worth $39,543,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. AlphaQuest LLC lifted its holdings in shares of Xponential Fitness by 335.9% during 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 during the period. Financial Management Professionals Inc. raised 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 purchasing an additional 2,714 shares during the last quarter. Asset Planning Inc acquired a new position in Xponential Fitness during the 4th quarter worth about $71,000. Mariner LLC bought a new stake in shares of Xponential Fitness in the 4th quarter valued at about $163,000. Finally, EntryPoint Capital LLC acquired a new stake in shares of Xponential Fitness in the fourth quarter valued at about $177,000. Institutional investors and hedge funds own 58.55% of the company's stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Northland Securities assumed coverage on shares of Xponential Fitness in a report on Thursday, January 23rd. They set a "market perform" rating and a $17.50 price target for the company. Stifel Nicolaus lowered shares of Xponential Fitness from a "buy" rating to a "hold" rating and dropped their target price for the company from $20.00 to $12.00 in a report on Friday, March 14th. B. Riley decreased their price target on Xponential Fitness from $12.00 to $9.00 and set a "neutral" rating for the company in a report on Friday, March 14th. Northland Capmk raised Xponential Fitness to a "hold" rating in a research report on Thursday, January 23rd. Finally, Piper Sandler cut their target price on Xponential Fitness from $16.00 to $9.00 and set a "neutral" rating on the stock in a research report on Friday, March 14th. Six investment analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $15.28.

Xponential Fitness Stock Performance

XPOF traded up $0.08 during midday trading on Friday, reaching $7.81. 406,006 shares of the company were exchanged, compared to its average volume of 651,630. Xponential Fitness, Inc. has a one year low of $6.64 and a one year high of $18.95. The company's fifty day moving average price is $9.78 and its 200 day moving average price is $13.03. The company has a market cap of $378.66 million, a price-to-earnings ratio of -6.73 and a beta of 1.57.

Xponential Fitness (NYSE:XPOF - Get Free Report) last released its quarterly earnings results 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 company had revenue of $83.22 million during the quarter, compared to analysts' expectations of $81.12 million. During the same period in the previous year, the company posted $0.08 earnings per share. The company's quarterly revenue was down 6.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Xponential Fitness, Inc. will post 0.61 earnings per share for the current fiscal year.

About Xponential Fitness

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.