F45 Training (FXLV) to Release Quarterly Earnings on Monday

F45 Training (NYSE:FXLVGet Rating) is scheduled to issue its quarterly earnings data after the market closes on Monday, May 16th. Analysts expect the company to announce earnings of $0.14 per share for the quarter. F45 Training has set its FY 2022 guidance at EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.

F45 Training (NYSE:FXLVGet Rating) last issued its quarterly earnings results on Monday, March 14th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.04. The business had revenue of $61.82 million for the quarter, compared to the consensus estimate of $63.85 million. On average, analysts expect F45 Training to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of NYSE FXLV opened at $7.58 on Monday. The business has a 50-day moving average of $11.39 and a 200-day moving average of $12.05. F45 Training has a 12 month low of $7.48 and a 12 month high of $17.75.

In other F45 Training news, CRO Luke Armstrong sold 100,000 shares of the business’s stock in a transaction that occurred on Thursday, March 17th. The stock was sold at an average price of $13.35, for a total value of $1,335,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Chris Payne sold 2,017 shares of the firm’s stock in a transaction that occurred on Wednesday, March 16th. The stock was sold at an average price of $13.01, for a total transaction of $26,241.17. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 720,806 shares of company stock valued at $8,268,397.

Several hedge funds and other institutional investors have recently bought and sold shares of FXLV. Deutsche Bank AG raised its holdings in shares of F45 Training by 5.6% during the fourth quarter. Deutsche Bank AG now owns 12,456 shares of the company’s stock valued at $136,000 after acquiring an additional 660 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in F45 Training by 9.0% during the 4th quarter. The Manufacturers Life Insurance Company now owns 13,024 shares of the company’s stock valued at $142,000 after purchasing an additional 1,070 shares during the period. Charles Schwab Investment Management Inc. increased its position in F45 Training by 1.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 146,328 shares of the company’s stock valued at $1,594,000 after purchasing an additional 1,954 shares during the period. Royal Bank of Canada bought a new position in F45 Training in the 3rd quarter worth $45,000. Finally, Citigroup Inc. lifted its position in shares of F45 Training by 133.4% in the 4th quarter. Citigroup Inc. now owns 5,551 shares of the company’s stock worth $60,000 after purchasing an additional 3,173 shares during the period. 48.96% of the stock is currently owned by institutional investors.

Several brokerages have issued reports on FXLV. Evercore ISI initiated coverage on shares of F45 Training in a research report on Monday, March 14th. They set a “hold” rating and a $15.00 target price for the company. Zacks Investment Research raised shares of F45 Training from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a report on Thursday, March 17th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, F45 Training currently has a consensus rating of “Buy” and a consensus price target of $19.10.

F45 Training Company Profile (Get Rating)

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.

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