Planet Fitness Stock Price on October 4, 2024

PLNT Stock  USD 101.53  1.51  1.51%   
Below is the normalized historical share price chart for Planet Fitness extending back to August 06, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Planet Fitness stands at 101.53, as last reported on the 24th of November, with the highest price reaching 101.76 and the lowest price hitting 99.53 during the day.
IPO Date
6th of August 2015
200 Day MA
72.9401
50 Day MA
84.992
Beta
1.493
 
Yuan Drop
 
Covid
If you're considering investing in Planet Stock, it is important to understand the factors that can impact its price. Planet Fitness appears to be very steady, given 3 months investment horizon. Planet Fitness maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Planet Fitness, which you can use to evaluate the volatility of the company. Please evaluate Planet Fitness' Semi Deviation of 1.14, risk adjusted performance of 0.1484, and Coefficient Of Variation of 539.79 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Planet Fitness' Other Stockholder Equity is comparatively stable compared to the past year. Stock Based Compensation To Revenue is likely to gain to 0.01 in 2024, whereas Total Stockholder Equity is likely to drop (121.4 M) in 2024. . At this time, Planet Fitness' Price Earnings Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 1.23 in 2024, despite the fact that Price To Book Ratio is likely to grow to (50.91). Planet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1686

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Estimated Market Risk

 2.09
  actual daily
18
82% of assets are more volatile

Expected Return

 0.35
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Planet Fitness is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Planet Fitness by adding it to a well-diversified portfolio.
Enterprise Value Ebitda
21.8254
Price Sales
8.1859
Shares Float
77.7 M
Wall Street Target Price
103.5882
Earnings Share
1.86

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Planet Fitness Valuation on October 4, 2024

It is possible to determine the worth of Planet Fitness on a given historical date. On October 4, 2024 Planet was worth 83.5 at the beginning of the trading date compared to the closed value of 83.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Planet Fitness stock. Still, in general, we apply an absolute valuation method to find Planet Fitness' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Planet Fitness where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Planet Fitness' related companies.
 Open High Low Close Volume
  82.12    83.00    81.89    82.78    865,427  
10/04/2024
  83.50    83.86    82.52    83.37    1,006,550  
  83.38    83.38    80.80    81.20    935,118  
Backtest Planet Fitness  |  Planet Fitness History  |  Planet Fitness Valuation   PreviousNext  
Open Value
83.5
83.37
Closing Value
89.76
Upside

Planet Fitness Trading Date Momentum on October 4, 2024

On October 07 2024 Planet Fitness was traded for  81.20  at the closing time. The top price for the day was 83.38  and the lowest listed price was  80.80 . The trading volume for the day was 935.1 K. The trading history from October 7, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.60% . The trading delta at closing time against the current closing price is 2.97% .

Planet Fitness Fundamentals Correlations and Trends

By evaluating Planet Fitness' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Planet Fitness' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Planet financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Planet Fitness Stock history

Planet Fitness investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Planet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Planet Fitness will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Planet Fitness stock prices may prove useful in developing a viable investing in Planet Fitness
Last ReportedProjected for Next Year
Common Stock Shares Outstanding85.2 M73.5 M
Net Income Applicable To Common Shares114.3 M120 M

Planet Fitness Quarterly Net Working Capital

270.15 Million

Planet Fitness Stock Technical Analysis

Planet Fitness technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Planet Fitness technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Planet Fitness trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Planet Fitness Period Price Range

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November 24, 2024
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Planet Fitness November 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Planet Fitness stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Planet Fitness shares will generate the highest return on investment. By undertsting and applying Planet Fitness stock market strength indicators, traders can identify Planet Fitness entry and exit signals to maximize returns

Planet Fitness Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Planet Fitness' price direction in advance. Along with the technical and fundamental analysis of Planet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Planet to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Planet Stock Analysis

When running Planet Fitness' price analysis, check to measure Planet Fitness' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Planet Fitness is operating at the current time. Most of Planet Fitness' value examination focuses on studying past and present price action to predict the probability of Planet Fitness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planet Fitness' price. Additionally, you may evaluate how the addition of Planet Fitness to your portfolios can decrease your overall portfolio volatility.