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In the latest session, Planet Fitness Inc (NYSE: PLNT) closed at $90.62 up 0.55% from its previous closing price of $90.12. In other words, the price has increased by $0.55 from its previous closing price. On the day, 3.26 million shares were traded.
Ratios:
For a deeper understanding of Planet Fitness Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.57. For the most recent quarter (mrq), Quick Ratio is recorded 2.06 and its Current Ratio is at 2.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Macquarie on November 08, 2024, Downgraded its rating to Neutral and sets its target price to $99 from $91 previously.
On September 27, 2024, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $71.
Exane BNP Paribas Upgraded its Neutral to Outperform on September 05, 2024, while the target price for the stock was maintained at $97.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 05 ’24 when Bode William sold 4,641 shares for $100.14 per share. The transaction valued at 464,773 led to the insider holds 22,063 shares of the business.
Fitzgerald Thomas J III sold 16,848 shares of PLNT for $1,598,763 on Nov 15 ’24. The Chief Financial Officer now owns 27,284 shares after completing the transaction at $94.89 per share. On Nov 14 ’24, another insider, Simmons Jennifer, who serves as the Div President, Corp Stores of the company, sold 11,453 shares for $96.20 each. As a result, the insider received 1,101,820 and left with 19,110 shares of the company.
Valuation Measures:
As of this moment, Planet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 45.17, and their Forward P/E ratio for the next fiscal year is 26.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.48.
Stock Price History:
Over the past 52 weeks, PLNT has reached a high of $110.00, while it has fallen to a 52-week low of $54.35. The 50-Day Moving Average of the stock is -11.41%, while the 200-Day Moving Average is calculated to be 6.35%.
Shares Statistics:
A total of 84.32M shares are outstanding, with a floating share count of 83.77M. Insiders hold about 0.49% of the company’s shares, while institutions hold 109.86% stake in the company.
Earnings Estimates
Currently, 16.0 analysts are dedicated to thoroughly evaluating and rating the performance of Planet Fitness Inc (PLNT) in the stock market.The consensus estimate for the next quarter is $0.78, with high estimates of $0.86 and low estimates of $0.71.
Analysts are recommending an EPS of between $3.12 and $2.88 for the fiscal current year, implying an average EPS of $2.92. EPS for the following year is $3.42, with 16.0 analysts recommending between $3.62 and $3.2.
Revenue Estimates
A total of 14 analysts believe the company’s revenue will be $285.64M this quarter.It ranges from a high estimate of $320M to a low estimate of $272M. As of the current estimate, Planet Fitness Inc’s year-ago sales were $248.02MFor the next quarter, 14 analysts are estimating revenue of $326M. There is a high estimate of $337.7M for the next quarter, whereas the lowest estimate is $310.3M.
A total of 16 analysts have provided revenue estimates for PLNT’s current fiscal year. The highest revenue estimate was $1.33B, while the lowest revenue estimate was $1.29B, resulting in an average revenue estimate of $1.3B. In the same quarter a year ago, actual revenue was $1.18BBased on 18 analysts’ estimates, the company’s revenue will be $1.43B in the next fiscal year. The high estimate is $1.5B and the low estimate is $1.38B.
