Xponential Fitness Inc. (NYSE: XPOF) stock fell -3.73% on Friday to $18.05 against a previous-day closing price of $18.75. With 1.16 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.15 million shares. During the session, the Leisure company that operates in wider Consumer Cyclical sector, reached to the highest price of $18.90 whereas the lowest price it dropped to was $17.81. The 52-week range on XPOF shows that it touched its highest point at $33.58 and its lowest point at $14.51 during that stretch. It currently has a 1-year price target of $35.42. Beta for the stock currently stands at 1.08.
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 XPOF was down-trending over the past week, with a drop of -4.60%, but this was down by -19.56% over a month. Three-month performance dropped to -36.40% while six-month performance fell -34.91%. The stock lost -9.84% in the past year, while it has lost -21.28% so far this year. A look at the trailing 12-month EPS for XPOF yields -2.85 with Next year EPS estimates of 1.32. For the next quarter, that number is 0.16. This implies an EPS growth rate of 69.40% for this year and 155.90% for next year.
Float and Shares Shorts:
At present, 33.05 million XPOF shares are outstanding with a float of 25.09 million shares on hand for trading. On Aug 30, 2023, short shares totaled 4.04 million, which was 12.07% higher than short shares on Jul 30, 2023. In addition to Mr. Anthony Geisler as the firm’s Founder, CEO & Director, Ms. Sarah Luna serves as its Pres.
Through their ownership of 92.87% of XPOF’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 46.59% of XPOF, in contrast to 33.32% held by mutual funds. Shares owned by individuals account for 25.45%. As the largest shareholder in XPOF with 6.65% of the stake, Driehaus Capital Management LLC holds 2,225,077 shares worth 2,225,077. A second-largest stockholder of XPOF, Federated Global Investment Manag, holds 1,515,000 shares, controlling over 4.53% of the firm’s shares. BlackRock Fund Advisors is the third largest shareholder in XPOF, holding 1,469,646 shares or 4.39% stake. With a 4.53% stake in XPOF, the Federated Hermes Kaufmann Small C is the largest stakeholder. A total of 1,515,000 shares are owned by the mutual fund manager. The Vanguard Total Stock Market ETF, which owns about 2.40% of XPOF stock, is the second-largest Mutual Fund holder. It holds 804,094 shares valued at 17.42 million. Columbia Small Cap Growth Fund holds 2.23% of the stake in XPOF, owning 745,930 shares worth 16.16 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 Jun 29, 2023, XPOF reported revenue of $59.56M and operating income of $4.51M. The EBITDA in the recently reported quarter was $8.51M and diluted EPS was $0.50.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for XPOF since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With XPOF analysts setting a high price target of $46.00 and a low target of $23.00, the average target price over the next 12 months is $35.42. Based on these targets, XPOF could surge 154.85% to reach the target high and rise by 27.42% to reach the target low. Reaching the average price target will result in a growth of 96.23% 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.
Summary of Insider Activity:
Insiders traded XPOF stock several times over the past three months with 4 Buys and 0 Sells. In these transactions, 9,800 shares were bought while 0 shares were sold. The number of buy transactions has increased to 7 while that of sell transactions has risen to 4 over the past year. The total number of shares bought during that period was 1,013,512 while 4,047,917 shares were sold.