F45 Training Holdings Inc. (NYSE: FXLV) stock fell -5.10% on Tuesday to $2.42 against a previous-day closing price of $2.55. With 0.64 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.37 million shares. During the session, the Leisure company that operates in wider Consumer Cyclical sector, reached to the highest price of $2.4550 whereas the lowest price it dropped to was $2.2500. The 52-week range on FXLV shows that it touched its highest point at $15.78 and its lowest point at $0.79 during that stretch. It currently has a 1-year price target of $3.67.
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 down-trending over the past week, with a drop of -24.84%, but this was down by -18.79% over a month. Three-month performance surged to 3.42% while six-month performance fell -53.55%. The stock lost -78.16% in the past year, while it has lost -77.78% so far this year. A look at the trailing 12-month EPS for FXLV yields -0.82 with Next year EPS estimates of 0.23. For the next quarter, that number is 0.01. This implies an EPS growth rate of -580.60% for this year and 130.60% for next year.
Float and Shares Shorts:
At present, 97.10 million FXLV shares are outstanding with a float of 47.55 million shares on hand for trading. On Oct 13, 2022, short shares totaled 7.95 million, which was 8.27% higher than short shares on Sep 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.
Through their ownership of 53.46% of FXLV’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 66.46% of FXLV, in contrast to 6.50% held by mutual funds. Shares owned by individuals account for 42.13%. As the largest shareholder in FXLV with 14.62% of the stake, Kennedy Lewis Management LP holds 14,061,993 shares worth 14,061,993. A second-largest stockholder of FXLV, Caledonia, holds 7,271,418 shares, controlling over 7.56% of the firm’s shares. L1 Capital Pty Ltd. is the third largest shareholder in FXLV, holding 6,469,500 shares or 6.72% stake. With a 1.60% stake in FXLV, the Fidelity Small Cap Stock Fund is the largest stakeholder. A total of 1,541,500 shares are owned by the mutual fund manager. The Vanguard Total Stock Market Index, which owns about 0.95% of FXLV stock, is the second-largest Mutual Fund holder. It holds 910,984 shares valued at 3.04 million. iShares Russell 2000 ETF holds 0.77% of the stake in FXLV, owning 741,093 shares worth 2.48 million.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FXLV since 6 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 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 $6.00 and a low target of $3.00, the average target price over the next 12 months is $3.75. Based on these targets, FXLV could surge 147.93% to reach the target high and rise by 23.97% to reach the target low. Reaching the average price target will result in a growth of 54.96% 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 -$0.15 being high and -$0.90 being low. For FXLV, this leads to a yearly average estimate of -$0.46. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. F45 Training Holdings Inc. surprised analysts by -$0.42 when it reported -$0.40 EPS against a consensus estimate of $0.02. The surprise factor in the prior quarter was -$0.13. The average estimate for the next quarter is thus $0.03.
Summary of Insider Activity:
Insiders traded FXLV stock several times over the past three months with 10 Buys and 0 Sells. In these transactions, 1,720,000 shares were bought while 0 shares were sold. The number of buy transactions has increased to 43 while that of sell transactions has risen to 38 over the past year. The total number of shares bought during that period was 6,122,862 while 4,216,936 shares were sold.