Many Planet Fitness, Inc.(PLNT) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Planet Fitness Inc was Reiterated by Imperial Capital on Feb 2, 2017 to Outperform, Lowers Price Target to $ 24 from a previous price target of $26 .Planet Fitness Inc was Initiated by Macquarie to Outperform on Jan 5, 2017.
Company has reported several Insider transactions to the SEC, on Feb 13, 2017, Christopher Rondeau (Chief Executive Officer) sold 20,000 shares at 21.56 per share price.On Nov 23, 2016, Pierre Lecomte (director 10% owner) sold 1.5E7 shares at 23.22 per share price.On Nov 23, 2016, Charles Esserman (director 10% owner) sold 1.5E7 shares at 23.22 per share price.
Planet Fitness Inc Last issued its quarterly earnings results on Oct 26, 2016. The company reported $0.16 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.14. The company had revenue of $87.00 million for the quarter, compared to analysts expectations of $79.32 million. The companys revenue was up 26.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 EPS.
Planet Fitness, Inc. (NYSE:PLNT) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1 by 10 Brokerage Firm. 10 Wall Street Firms have rated the stock as a strong buys.
Planet Fitness, Inc. (NYSE:PLNT): 8 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $24.25 in Planet Fitness, Inc. (NYSE:PLNT). However, the stock price could fluctuate by $ 1.39 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $27 price target with the lower price estimate is calculated at $23
Planet Fitness, Inc. (NYSE:PLNT) witnessed a decline in the market cap on Tuesday as its shares dropped 1.35% or 0.29 points. After the session commenced at $21.55, the stock reached the higher end at $21.64 while it hit a low of $21.12. With the volume soaring to 977,714 shares, the last trade was called at $21.16. The company has a 52-week high of $25.1. The company has a market cap of $2,100 million and there are 99,226,665 shares in outstanding. The 52-week low of the share price is $13.35.
Planet Fitness, Inc. franchises and operates fitness centers through its subsidiaries. The companys operating segments consists of Franchise, Corporate-owned stores and Equipment. It is engaged in licensing and selling franchises under the Planet Fitness trade name, owning and operating fitness centers under the Planet Fitness trade name and selling fitness-related equipment to franchisee-owned stores. Planet Fitness, Inc. is headquartered in Newington, New Hampshire.