In this article we will talk about the 10 best fitness stocks to invest in. If you want to skip our detailed analysis of these stocks and the fitness industry view, go straight to it 5 Best Fitness Shares to Invest.
The epidemic swept the fitness industry last year. During the Covenant-19 epidemic, one-third of the world’s fitness clubs and studios were closed in April 2020. Report According to the International Health and Fitness Association (IHRSA), the US fitness industry alone lost $ 20.4 billion in 2020, due to temporary closures and limited local and regional governments’ ability to limit the distribution of CV-19. Despite the obstacles, the market for the gym and health club is expected to grow by more than $ 100 billion over the next five years, according to Technivio. Market Analysis.
With the consumer transition to virtual sports, the interactive fitness market is expected to grow by 7% CAGR by 2020 to 2024 and reach $ 4.81 billion. Market Report In Technavio. Peloton Interactive, Inc. is one of the leading players in the digital fitness market in 2021. (NASDAQ:Peton), NIKE, Inc. (NYSE:OFLululemon Athletics Inc. (NASDAQ:Lulu) And Apple Inc. (NASDAQ:APL).
We have identified leading players in the fitness industry from fitness players, nutritionists and fitness clothing. Of the 873 hedge funds monitored by Insider Monkey, these are the most popular fitness stocks. The list is based on the number of hedge funds in each organization starting from the second quarter.
We only include fitness analysts with positive analytical ratings and long-term growth stimuli.
Why pay attention to hedge fund holdings? Internal Monkey Survey has identified more than 86 percent of hedge fund holdings over S&P 500 ETFs since March 2017. Between March 2017 and July 2021, 186.1% of our monthly newsletter shares, Vs. 100.1% for SPY Our stock options outperformed the market by more than 86% (See the list here). That’s why we believe the hedge fund sentiment is a very important indicator that investors should pay attention to. You can subscribe to our free newsletter on our homepage to receive our stories in your inbox.
Best Fitness Shares to Invest
10. Xponential Fitness, Inc. (NYSE ፡ dayXPOF)
Number of hedge fund holders mourning N / A
We are launching our top 10 fitness collections to invest in with Boutique Fitness Francesor Expeditive Fitness Inc. (NYSE: XPOF). The company Since its inception in 2017, it has opened more than 1,800 fitness studios in 48 and 11 countries in the United States.
California-based fitness company has raised $ 120 million for its public offering (IPO), which began July 23, 2021, Xponential Fitness, Inc. (NYSE: XPOF) opens at $ 12 per share. Fitness stock is currently valued at $ 758 million.
In the second quarter of 2021, the company’s revenue grew by 67 percent to $ 36 million, up from $ 21 million in the second quarter of 2020.
On September 22, Raymond James analyst Joseph Altobelo Xponential Fitness, Inc. (NYSE: XPOF) has doubled its market performance to a strong buy. Altobelo loves the company’s vision and believes that Fitness Franceser will have a significant recovery in key areas in the coming seasons, along with a leading position in the fitness market. The analyst set a $ 14 price target for the stock.
9. Heine Celestial Group, Inc. (NASDAQ:HAIN)
Number of hedge fund holders stra 26
Hain Celestial Group, Inc. (NASDAQ: HAIN) is a global organic and natural products retailer with store presence in more than 80 countries. Our New York-based food manufacturer is ranked ninth in the list of the 10 best fitness stocks to invest in.
The healthy food retailer is known for its health management products, Celestial Seasons, Terra Chips, Greek God and Ives. On September 29, Jeffrey Rob Dixonson joined The Hain Celestial Group, Inc. (NASDAQ: HAIN) Holds hold rating on stocks. Dickerson also raised its price target from $ 41 to $ 46 as it saw potential in the company’s plant-based food and beverage sector.
In addition, in the second quarter of 2021, the 26 hedge fund will be funded by The Hain Celestial Group, Inc. (NASDAQ: HAIN) Many hedge funds have been in the retail reserves since the 23rd of the first quarter. The stock has gained 28% in the last 12 months.
8. WW International, Inc. (NASDAQ:WW)
Number of hedge fund holders stra 27
WW International, Inc. (NASDAQ: WW) is a provider of digital weight management services and ranks eighth in our list of the 10 best fitness stocks to invest in. . Beginning in the second quarter, WW International, Inc. (NASDAQ ፡ FW WW) had 4.9 million subscribers, with a total subscription revenue of $ 272.9 million.
The digital fitness company also sells consumer health products such as snacks and kitchen utensils on the e-commerce platform. WW International, Inc. (NASDAQ: WW) It reported sales of $ 38.5 million in the second quarter. City Wendy Nicholson at WW International, Inc. (NASDAQ: WW) On September 30, they maintained a buy rating and a $ 32 price target. According to the analyst, the digital fitness stock is well positioned for strong performance by 2022.
Miller Value Partners It is the largest shareholder in the company with a share of $ 102 million since the second quarter. In all, 27 of the 873 scholarships monitored by Insider Monkey reported that the New York-based company had a stake in the end of June 2021.
7. VF Corporation (NYSE ፡VFC)
The number of hedge fund holders is 32
VSE Corporation (NYSE ፡ Strict VFC) owns a range of outdoor, active and workwear and clothing portfolio, but is best known for its famous Vance brand. According to the information gathered Sole supplierWhite slide Vance has seen a 7,800% increase in sales after the popular Korean squid game was shown on Netflix. The NYSE: VFC rose 6.34 percent in September.
In the second quarter, Lifestyle Clothing retail revenue grew by 16 percent to $ 1.39 billion a year, and Vance’s global sales increased by 8 percent. Other active brands include Super, Kipling, Eastpack and Jensport. Overall, the NYSE ፡ VFC earned $ 3.2 billion in the quarter, an increase of 23 percent over the year.
On October 25, BTIG analyst Camille Lyon targeted the VF Corporation (NYSE: VFC) for $ 101 per share. Of the 873 top monitors monitored by the monkey, 32 were the longest VF Corporation (NYSE ፡ VFC) at the end of June, 31 of the first quarter of 2021. Ohio-based investment firm Diamond Hill Capital It is the leading shareholder of the company with 5.41 million shares worth $ 444 million.
6. Dick Sports Equipment, Inc. (NYSE ፡ dayDKS)
Hajj Fund Holders Number 36
Retail Giant Dick’s Sporting Goods, Inc. (NYSE: DKS) has performed better over the past few months, returning more than 121% to investors year after year. Consumers have benefited from the epidemic by buying everything from outdoor furniture to gym clothes.
Meanwhile, investors in the Pennsylvania-based sports retailer increased their quarterly earnings by 20.7 percent in August to $ 0.4375. DICK’S Sporting Goods, Inc. (NYSE: DKS) Hedge fund shares in the top four of our list of the top 10 fitness firms to invest in June quarter, with a total of 36 funds. The company has been in the first quarter since 31.
On Sept. 9, Goldman Sachs analyst Kate McShan was joined by DICK’S Sporting Goods Inc. (NYSE: DKS), continues to dominate the company’s golfing division, dominating the athletics retail market. McKenney set a $ 127 price target for the stock.
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Publication. nothing else. 10 Best Fitness Shares to Invest Originally published on Insider Monkey.