XPOF - Xponential Fitness: Embedded Growth At A Big Discount
2024-05-05 07:06:12 ET
Summary
- Xponential Fitness shares fell 14% after slightly lower than expected same-store comps in Q1 earnings.
- The franchised business model and embedded growth in new studio openings make Xponential an attractive investment opportunity.
- At $11.50 per share, Xponential Fitness stock is undervalued with potential for over 100% upside.
Shares of Xponential Fitness ( XPOF ) fell 14% Friday in the wake of first quarter earnings - apparently investors were put off by slightly lower than expected same-store comps. As a battleground stock (discussed below), the market has shown an itchy trigger finger in reacting to Xponential's quarterly results....
Xponential Fitness: Embedded Growth At A Big Discount