Shares of Planet Fitness, Inc. (NYSE:PLNT) have been given a median score of “Buy” by the 13 analysis companies which are presently masking the inventory, Marketbeat stories. Two analysts have rated the inventory with a maintain suggestion, 9 have issued a purchase suggestion and one has issued a robust purchase suggestion on the corporate. The common 12-month value goal amongst brokerages which have up to date their protection on the inventory within the final yr is $98.33. PLNT has been the topic of a quantity of analyst stories. Zacks Investment Research raised Planet Fitness from a “maintain” score to a “strong-buy” score and set a $98.00 value goal for the corporate in a report on Tuesday, December twenty eighth. BMO Capital Markets boosted their value goal on Planet Fitness from $80.00 to $96.00 and gave the corporate an “outperform” score in a analysis report on Monday, November fifteenth. Jefferies Financial Group boosted their value goal on Planet Fitness from $100.00 to $115.00 and gave the corporate a “purchase” score in a analysis report on Friday, November fifth. Roth Capital boosted their value goal on Planet Fitness from $100.00 to $110.00 and gave the corporate a “purchase” score in a analysis report on Monday, November eighth. Finally, TheRoad upgraded Planet Fitness from a “c” score to a “b-” score in a analysis report on Thursday, November 4th.In different Planet Fitness information, CEO Christopher Rondeau bought 150,000 shares of the inventory in a transaction dated Monday, November eighth. The inventory was bought at a median value of $96.07, for a complete worth of $14,410,500.00. The transaction was disclosed in a doc filed with the SEC, which is accessible at this hyperlink. 6.41% of the inventory is presently owned by company insiders. (Ad)Whether you are trying to study the fundamentals of futures or are a seasoned vet trying to hone your buying and selling abilities, our Technical Analysis Guide has every little thing it is advisable to reach in the present day’s futures markets!
A quantity of giant traders have just lately added to or decreased their stakes within the inventory. Moors & Cabot Inc. acquired a brand new stake in Planet Fitness throughout the third quarter value roughly $26,000. Liberty Wealth Management LLC lifted its place in Planet Fitness by 388.6% throughout the third quarter. Liberty Wealth Management LLC now owns 342 shares of the corporate’s inventory value $29,000 after buying an extra 272 shares throughout the interval. Pinnacle Holdings LLC acquired a brand new stake in Planet Fitness throughout the third quarter value roughly $30,000. Manchester Capital Management LLC acquired a brand new stake in Planet Fitness throughout the third quarter value roughly $35,000. Finally, Penserra Capital Management LLC acquired a brand new stake in Planet Fitness throughout the 2nd quarter value roughly $36,000. Hedge funds and different institutional traders personal 97.17% of the corporate’s inventory. Shares of Planet Fitness inventory opened at $91.26 on Monday. The agency has a market cap of $7.90 billion, a P/E ratio of 162.96, a P/E/G ratio of 5.72 and a beta of 1.21. Planet Fitness has a 12 month low of $67.89 and a 12 month excessive of $99.60. The inventory’s fifty day shifting common value is $88.36 and its 200-day shifting common value is $80.93. Planet Fitness (NYSE:PLNT) final posted its earnings outcomes on Thursday, November 4th. The firm reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.08. Planet Fitness had a destructive return on fairness of 9.30% and a internet margin of 8.51%. The firm had income of $154.30 million for the quarter, in comparison with analyst estimates of $134.79 million. During the identical quarter within the earlier yr, the agency earned $0.02 earnings per share. The agency’s quarterly income was up 46.4% in comparison with the identical quarter final yr. As a bunch, analysis analysts forecast that Planet Fitness will publish 0.79 earnings per share for the present yr. Planet Fitness Company ProfilePlanet Fitness, Inc engages within the operation and franchising of health facilities. It operates by way of the next segments: Franchise, Corporate-Owned Stores, and Equipment. The Franchise section contains operations associated to the corporate’s franchising enterprise within the United States, Puerto Rico, Canada, the Dominican Republic, Panama, Mexico, and Australia.Recommended Story: Diversification in InvestingThis on the spot information alert was generated by narrative science know-how and monetary information from MarketBeat in an effort to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to [email protected]Should you make investments $1,000 in Planet Fitness proper now?Before you take into account Planet Fitness, you may wish to hear this.MarketBeat retains monitor of Wall Street’s top-rated and greatest performing analysis analysts and the shares they advocate to their purchasers each day. MarketBeat has recognized the 5 shares that prime analysts are quietly whispering to their purchasers to purchase now earlier than the broader market catches on… and Planet Fitness wasn’t on the checklist.While Planet Fitness presently has a “Buy” score amongst analysts, top-rated analysts imagine these 5 shares are higher buys.View The 5 Stocks Here
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