According to Bloomberg, the six brokerages keeping a close eye on F45 Training Holdings INC (NYSE: FXLV) have all given their opinion that the best thing for investors to do about the stock is to maintain their “Hold” position. Five professionals in the field of equity research have urged investors to keep the same amount of stock they already own in their portfolios.
Analysts who have researched the company in the preceding year and published their findings within the past year have determined that the company’s average 1-year target price should be around the $2.85 price point.
Recently, several equity analysts have disseminated reports that they have authored on the FXLV shares and distributed these reports. Goldman Sachs Group raised their price target for F45 Training from $2.00 to $3.00 and gave the company a “neutral” rating in a research note published on November 16.
In addition, a “buy” recommendation was issued for the company.
Evercore ISI stated that they had increased their target price for F45 Training to $3.25 in a research note released on November 17.
Recently, institutional investors have changed the proportion of the company they own in their respective portfolios.
During the second quarter, Caledonia Private Investments Pty Ltd increased its ownership of F45 Training to 100 percent by purchasing an additional 0.7% of the company’s shares. Caledonia Private Investments Pty Ltd now owns 6,490,261 shares after purchasing an additional 47,055 in the most recent quarter.
This brings the total number of shares owned by the company to 6,490,261.
At this point, the value of the company’s stock holdings comes to a total of $25,507,000. Clarius Group LLC made an additional investment of approximately $31,000 during the third quarter to enhance its existing investment in F45 Training.
The Swiss National Bank increased the amount of F45 training stock owned by 82.5% during the year’s second quarter.
The Swiss National Bank now has a total of 78,100 shares of the company’s stock, which are currently valued at $307,000 after purchasing an additional 35,300 shares throughout the quarter.
Trexquant Investment LP increased its total investment to that amount during the second quarter by spending approximately 162,000 dollars to acquire additional shares of F45 Training.
This brought the company’s total investment to that amount.
After acquiring a new interest in the company, the Bank of Montreal Canada spent approximately $2,318,000 to purchase a new stake in F45 Training during the second quarter of the fiscal year.
This was the final and most important item on the agenda.
To the tune of 48.94% of the company’s stock, institutional investors and hedge funds collectively hold the company’s shares.
When trading started on Friday, the price of a share of F45 Training was $2.82 per share.
The company has a market capitalization that is currently sitting at $271.34 million, its P/E ratio is currently sitting at 17.63, and its beta value is currently sitting at 1.10.
The debt-to-equity ratio is 2.08, the current ratio is 1.61, and the quick ratio is 0.97.
The debt-to-equity, current, and quick ratios have the same value.
The cost of participating in an F45 workout has varied widely over the past year, going from $0.79 to $15.78 per session.
The moving average of the stock price over the previous 200 days is $2.75, while the moving average over the previous 50 days is $2.97.
On Monday, November 14, the most recent quarterly earnings report for F45 Training (NYSE: FXLV) was released to the public.
The earnings per share for the quarter reported by the company came in at $0.47, which was $0.41 lower than the consensus estimate of $0.05.
The earnings per share reported by the company for the quarter came in at $0.47, which was $0.41 lower than the consensus estimate.
The sales for the company for the quarter came in significantly higher than the analysts’ predictions, which were $24.41 million; instead, the sales for the quarter came in at $29.33 million. F45 Training’s return on equity (which was negative by 63.87%) and its net margin (also negative by 45.32%) were in the red.
According to forecasts provided by equity research analysts, F45 Training will finish the current fiscal year with a revenue loss of 0.82 cents per share.
F45 Training Holdings INC manages the fitness franchise and is the franchise owner.
The company offers workouts that are both practical and last for 45 minutes.
These workouts combine functional Training, circuit training, and high-intensity interval training into one comprehensive routine. Workouts are provided to customers through the company’s network of digitally connected gyms, which is its primary business offering. When the year 2021 comes to a close, the company will have a total of 1,749 studios that are actively producing content.
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