Can F45 Training Holdings Inc. (FXLV) stock recover despite sales dropping?

In yesterday’s Wall Street session, F45 Training Holdings Inc. (NYSE:FXLV) shares traded at $0.12, down -17.27% from the previous session.

1 analysts cover F45 Training Holdings Inc. (NYSE:FXLV), according to research data. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $3.25 and a low of $3.25, we find $3.25. Given the previous closing price of $0.15, this indicates a potential upside of 2066.67 percent. FXLV stock price is now -79.87% away from the 50-day moving average and -92.84% away from the 200-day moving average. The market capitalization of the company currently stands at $14.61M.

The stock has received a hold rating from 1 analysts and a buy rating from 0. Brokers who have rated the stock have averaged $3.25 as their price target over the next twelve months.

In other news, KENNEDY LEWIS MANAGEMENT LP, Director bought 300,000 shares of the company’s stock on Aug 29. The stock was bought for $758,730 at an average price of $2.53. Upon completion of the transaction, the Director now directly owns 9,728,141 shares in the company, valued at $1.17 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 26, Director KENNEDY LEWIS MANAGEMENT LP bought 365,000 shares of the business’s stock. A total of $983,127 was incurred on buying the stock at an average price of $2.69. This leaves the insider owning 9,604,530 shares of the company worth $1.15 million. Insiders disposed of 11,761 shares of company stock worth roughly $1411.32 over the past 1 year. A total of 1.30% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in FXLV stock. A new stake in F45 Training Holdings Inc. shares was purchased by BRIDGEWAY CAPITAL MANAGEMENT, LLC during the first quarter worth $19,000. SQUAREPOINT OPS LLC invested $15,000 in shares of FXLV during the first quarter. In the first quarter, QUBE RESEARCH & TECHNOLOGIES LTD acquired a new stake in F45 Training Holdings Inc. valued at approximately $7,000. OLD MISSION CAPITAL, LLC acquired a new stake in FXLV for approximately $6,000. JEFFERIES GROUP LLC purchased a new stake in FXLV valued at around $5,000 in the second quarter. In total, there are 95 active investors with 50.50% ownership of the company’s stock.

On Friday morning F45 Training Holdings Inc. (NYSE: FXLV) stock kicked off with the opening price of $0.1400. During the past 12 months, F45 Training Holdings Inc. has had a low of $0.10 and a high of $3.73. As of last week, the company has a debt-to-equity ratio of 2.08, a current ratio of 1.60, and a quick ratio of 1.00. The fifty day moving average price for FXLV is $0.6030 and a two-hundred day moving average price translates $1.7161 for the stock.

The latest earnings results from F45 Training Holdings Inc. (NYSE: FXLV) was released for Sep, 2022. According to the Leisure Company, earnings per share came in at -$0.62, missing analysts’ expectations of -$0.02 by -0.6. This compares to -$1.52 EPS in the same period last year. The net profit margin was -45.30% and return on equity was -78.60% for FXLV. The company reported revenue of $29.33 million for the quarter, compared to $27.18 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.91 percent. For the current quarter, analysts expect FXLV to generate $20.94M in revenue.

F45 Training Holdings Inc.(FXLV) Company Profile

F45 Training Holdings Inc. operates as a fitness franchisor. The company offers consumers functional 45-minute workouts that combine elements of high-intensity interval, circuit, and functional training. It provides workouts primarily through its digitally-connected network of studios. As of December 31, 2021, the company operated 1,749 total studios. It has operations in the United States, South America, Australia, New Zealand and surrounding island nations, and internationally. The company was formerly known as Flyhalf Holdings Inc. and changed its name to F45 Training Holdings Inc. in March 2019. F45 Training Holdings Inc. was founded in 2013 and is headquartered in Austin, Texas.

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