Clark Estates Inc. NY Sells 55,264 Shares of Xponential Fitness, Inc. (NYSE:XPOF)

Clark Estates Inc. NY lowered its holdings in shares of Xponential Fitness, Inc. (NYSE:XPOF) by 27.6% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 144,736 shares of the company’s stock after selling 55,264 shares during the period. Clark Estates Inc. NY owned 0.30% of Xponential Fitness worth $1,206,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Skylands Capital LLC grew its holdings in Xponential Fitness by 72.3% during the first quarter. Skylands Capital LLC now owns 164,500 shares of the company’s stock worth $1,370,000 after purchasing an additional 69,042 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Xponential Fitness by 380.9% during the fourth quarter. JPMorgan Chase & Co. now owns 57,034 shares of the company’s stock worth $767,000 after acquiring an additional 45,173 shares during the period. Nomura Holdings Inc. bought a new stake in shares of Xponential Fitness during the fourth quarter worth approximately $794,000. Nut Tree Capital Management LP boosted its holdings in shares of Xponential Fitness by 5.0% during the fourth quarter. Nut Tree Capital Management LP now owns 3,151,722 shares of the company’s stock worth $42,391,000 after acquiring an additional 150,000 shares during the period. Finally, Renaissance Technologies LLC boosted its holdings in shares of Xponential Fitness by 135.3% during the fourth quarter. Renaissance Technologies LLC now owns 174,100 shares of the company’s stock worth $2,342,000 after acquiring an additional 100,100 shares during the period. Institutional investors own 58.55% of the company’s stock.

Xponential Fitness Stock Performance

Shares of NYSE:XPOF opened at $10.44 on Wednesday. The company has a fifty day moving average of $9.20 and a 200-day moving average of $10.74. The company has a market capitalization of $508.11 million, a PE ratio of -5.12 and a beta of 1.46. Xponential Fitness, Inc. has a 52-week low of $6.64 and a 52-week high of $18.87.

Xponential Fitness (NYSE:XPOF) last announced its quarterly earnings results on Thursday, May 8th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.35). The firm had revenue of $76.88 million for the quarter, compared to the consensus estimate of $75.37 million. During the same period in the previous year, the business earned $0.16 EPS. The business’s quarterly revenue was down 3.4% on a year-over-year basis. On average, equities analysts forecast that Xponential Fitness, Inc. will post 0.61 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Guggenheim restated a “buy” rating and set a $13.00 price objective on shares of Xponential Fitness in a report on Monday, May 12th. Raymond James Financial reduced their price objective on Xponential Fitness from $16.00 to $15.00 and set a “strong-buy” rating for the company in a report on Friday, May 9th. Finally, Wall Street Zen raised Xponential Fitness from a “hold” rating to a “buy” rating in a research report on Thursday, May 22nd. Six equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $13.94.

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.