The share price of Planet Fitness, Inc. [NYSE: PLNT] inclined by $61.54, presently trading at $62.71. The company’s shares saw 30.65% gains compared to the lowest price in the period of the last 52 weeks, set at $48.00 recorded on 11/07/19. The last few days have been benevolent to the share price as PLNT fall by -1.49% during the last week, even though the stock is still down by -2.32% compared to -0.95 of all time high it touched on 11/01/19. However, the stock had a poor performance during the past 3 months, roughly gaining 9.46%, while additionally gaining 32.08% during the last 12 months. Planet Fitness, Inc. is said to have a 12-month price target set at $81.82. That means that the stock has a strong potential to acquire 19.11% increase from the current trading price.
Planet Fitness, Inc. [NYSE:PLNT]: Analyst Rating and Earnings
Its stock price has been found in the range of 48.00 to 81.90. This is compared to its latest closing price of $61.54.
Keep your eyes peeled for the soon-to-be-published financial results of this company, which are expected to be made public on Today After Market Close (Confirmed).
Fundamental Analysis of Planet Fitness, Inc. [PLNT]
Now let’s turn to look at profitability: with a current Operating Margin for Planet Fitness, Inc. [PLNT] sitting at +32.23 and its Gross Margin at +44.92, this company’s Net Margin is now 16.30%. These measurements indicate that Planet Fitness, Inc. [PLNT] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 27.23, and its Return on Invested Capital has reached 19.50%. Its Return on Assets is 7.20.
What about valuation? This company’s Enterprise Value to EBITDA is 27.15 and its Total Debt to EBITDA Value is 5.32. The Enterprise Value to Sales for this firm is now 9.32, and its Total Debt to Enterprise Value stands at 0.21.
Shifting the focus to workforce efficiency, Planet Fitness, Inc. [PLNT] earns $544,580 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 9.95 and its Total Asset Turnover is 0.47. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 2.92 and its Current Ratio is 2.96. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Planet Fitness, Inc. [PLNT] has 93.52M shares outstanding, amounting to a total market cap of $5.86B. Its stock price has been found in the range of 48.00 to 81.90. At its current price, it has moved down by -23.43% from its 52-week high, and it has moved up 30.65% from its 52-week low.
This stock’s Beta value is currently 0.62, which indicates that it is 3.41% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 55.41. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Planet Fitness, Inc. [PLNT] a Reliable Buy?
Shares of Planet Fitness, Inc. [PLNT], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.