F45 Training Holdings Inc. (NYSE: FXLV) stock jumped 15.82% on Friday to $2.05 against a previous-day closing price of $1.77. With 1.03 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.5 million shares. During the session, the Leisure company that operates in wider Consumer Cyclical sector, reached to the highest price of $2.1000 whereas the lowest price it dropped to was $1.8100. The 52-week range on FXLV shows that it touched its highest point at $17.36 and its lowest point at $0.79 during that stretch. It currently has a 1-year price target of $9.64.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FXLV was up-trending over the past week, with a rise of 20.59%, but this was down by -42.74% over a month. Three-month performance dropped to -68.99% while six-month performance fell -84.71%. The stock lost -87.75% in the past year, while it has lost -81.18% so far this year. A look at the trailing 12-month EPS for FXLV yields -1.70 with Next year EPS estimates of 0.65. For the next quarter, that number is 0.14. This implies an EPS growth rate of -580.60% for this year and 6.69% for next year.
Float and Shares Shorts:
At present, 95.71 million FXLV shares are outstanding with a float of 45.84 million shares on hand for trading. On Jul 14, 2022, short shares totaled 2.98 million, which was 3.12% higher than short shares on Jun 14, 2022. In addition to Mr. Ben Coates as the firm’s Director & Interim CEO, Mr. Christopher E. Payne serves as its CFO, Treasurer & Director.
Institutional Ownership:
Through their ownership of 48.31% of FXLV’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 8.66% of FXLV, in contrast to 62.35% held by mutual funds. Shares owned by individuals account for 38.47%. As the largest shareholder in FXLV with 11.07% of the stake, Kennedy Lewis Management LP holds 10,529,281 shares worth 10,529,281. A second-largest stockholder of FXLV, L1 Capital Pty Ltd., holds 6,497,776 shares, controlling over 6.83% of the firm’s shares. Caledonia is the third largest shareholder in FXLV, holding 6,443,206 shares or 6.78% stake. With a 1.40% stake in FXLV, the MFS New Discovery Fund is the largest stakeholder. A total of 1,326,660 shares are owned by the mutual fund manager. The Vanguard Total Stock Market Index, which owns about 1.19% of FXLV stock, is the second-largest Mutual Fund holder. It holds 1,129,271 shares valued at 4.44 million. iShares Russell 2000 ETF holds 0.72% of the stake in FXLV, owning 685,553 shares worth 2.69 million.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Mar 30, 2022, FXLV reported revenue of $50.01M and operating income of $5.74M. Over the past year, revenue came in at $165.84M while operating income stood at -$73.76M. It generated $2.51M net income for the quarter, which came to -$143.36M over the last twelve months. The EBITDA in the recently reported quarter was $6.35M and diluted EPS was $0.03. EBITDA for the full year was -$69.20M.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FXLV since 8 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With FXLV analysts setting a high price target of $25.00 and a low target of $2.00, the average target price over the next 12 months is $8.69. Based on these targets, FXLV could surge 1119.51% to reach the target high and fall by -2.44% to reach the target low. Reaching the average price target will result in a growth of 323.9% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. FXLV will report FY 2022 earnings on 03/13/2023. Analysts have provided yearly estimates in a range of $0.64 being high and $0.09 being low. For FXLV, this leads to a yearly average estimate of $0.26. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. F45 Training Holdings Inc. surprised analysts by -$0.02 when it reported $0.11 EPS against a consensus estimate of $0.13. The surprise factor in the prior quarter was $0.12. Based on analyst estimates, the high estimate for the next quarter is $0.16 and the low estimate is -$0.05. The average estimate for the next quarter is thus $0.04.
Summary of Insider Activity:
Insiders traded FXLV stock several times over the past three months with 8 Buys and 0 Sells. In these transactions, 341,880 shares were bought while 0 shares were sold. The number of buy transactions has increased to 27 while that of sell transactions has risen to 38 over the past year. The total number of shares bought during that period was 1,538,050 while 5,436,041 shares were sold.
