Is Planet Fitness Stock a Good Investment?
Planet Fitness Investment Advice | PLNT |
- Examine Planet Fitness' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Planet Fitness' leadership team and their track record. Good management can help Planet Fitness navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Hotels, Restaurants & Leisure space and any emerging trends that could impact Planet Fitness' business and its evolving consumer preferences.
- Compare Planet Fitness' performance and market position to its competitors. Analyze how Planet Fitness is positioned in terms of product offerings, innovation, and market share.
- Check if Planet Fitness pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Planet Fitness' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Planet Fitness stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Planet Fitness is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Planet Fitness Stock
Researching Planet Fitness' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 100.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.69. Planet Fitness last dividend was issued on the 18th of November 2016.
To determine if Planet Fitness is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Planet Fitness' research are outlined below:
| Over 100.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Is Planet Fitness Outperforming Other Consumer Discretionary Stocks This Year |
Planet Fitness uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Planet Fitness. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Planet Fitness' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Planet Fitness' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Planet Fitness' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2015-11-12 | 2015-09-30 | 0.09 | 0.1 | 0.01 | 11 | ||
2016-10-26 | 2016-09-30 | 0.14 | 0.16 | 0.02 | 14 | ||
2016-08-11 | 2016-06-30 | 0.15 | 0.17 | 0.02 | 13 | ||
2016-05-10 | 2016-03-31 | 0.13 | 0.15 | 0.02 | 15 | ||
2016-03-03 | 2015-12-31 | 0.15 | 0.17 | 0.02 | 13 | ||
2017-11-07 | 2017-09-30 | 0.16 | 0.19 | 0.03 | 18 | ||
2017-08-09 | 2017-06-30 | 0.19 | 0.22 | 0.03 | 15 | ||
2017-05-02 | 2017-03-31 | 0.16 | 0.19 | 0.03 | 18 |
Know Planet Fitness' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Planet Fitness is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Planet Fitness backward and forwards among themselves. Planet Fitness' institutional investor refers to the entity that pools money to purchase Planet Fitness' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | T. Rowe Price Associates, Inc. | 2024-06-30 | 2.2 M | Samlyn Capital, Llc | 2024-06-30 | 2.2 M | Bank Of New York Mellon Corp | 2024-06-30 | 2.1 M | Franklin Resources Inc | 2024-06-30 | 2 M | Citadel Advisors Llc | 2024-06-30 | 2 M | Steadfast Capital Management Llc | 2024-06-30 | 1.9 M | Anomaly Capital Management, Lp | 2024-09-30 | 1.5 M | Cadian Capital Management Lp | 2024-09-30 | 1.5 M | Geode Capital Management, Llc | 2024-06-30 | 1.5 M | Blackrock Inc | 2024-06-30 | 10.3 M | Vanguard Group Inc | 2024-09-30 | 8 M |
Planet Fitness' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.31 B.Market Cap |
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Planet Fitness' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.07 | 0.10 | |
| Return On Capital Employed | 0.10 | 0.12 | |
| Return On Assets | 0.05 | 0.04 | |
| Return On Equity | (1.20) | (1.14) |
Determining Planet Fitness' profitability involves analyzing its financial statements and using various financial metrics to determine if Planet Fitness is a good buy. For example, gross profit margin measures Planet Fitness' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Planet Fitness' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Planet Fitness' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Planet Fitness. Check Planet Fitness' Beneish M Score to see the likelihood of Planet Fitness' management manipulating its earnings.
Evaluate Planet Fitness' management efficiency
Planet Fitness has return on total asset (ROA) of 0.0655 % which means that it generated a profit of $0.0655 on every $100 spent on assets. This is way below average. Planet Fitness' management efficiency ratios could be used to measure how well Planet Fitness manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Planet Fitness' Return On Tangible Assets are comparatively stable compared to the past year. Return On Capital Employed is likely to gain to 0.12 in 2024, whereas Return On Assets are likely to drop 0.04 in 2024. Total Current Liabilities is likely to drop to about 144 M in 2024. Liabilities And Stockholders Equity is likely to drop to about 1.7 B in 2024| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (1.40) | (1.47) | |
| Tangible Book Value Per Share | (14.24) | (14.95) | |
| Enterprise Value Over EBITDA | 18.66 | 18.77 | |
| Price Book Value Ratio | (53.59) | (50.91) | |
| Enterprise Value Multiple | 18.66 | 18.77 | |
| Price Fair Value | (53.59) | (50.91) | |
| Enterprise Value | 7.7 B | 5.3 B |
Leadership effectiveness at Planet Fitness is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 1.493 |
Basic technical analysis of Planet Stock
As of the 21st of November, Planet Fitness holds the Coefficient Of Variation of 592.52, semi deviation of 1.14, and Risk Adjusted Performance of 0.1335. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Planet Fitness, as well as the relationship between them.Planet Fitness' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Planet Fitness insiders, such as employees or executives, is commonly permitted as long as it does not rely on Planet Fitness' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Planet Fitness insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Understand Planet Fitness' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Planet Fitness' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1335 | |||
| Market Risk Adjusted Performance | 0.4483 | |||
| Mean Deviation | 1.31 | |||
| Semi Deviation | 1.14 | |||
| Downside Deviation | 1.44 | |||
| Coefficient Of Variation | 592.52 | |||
| Standard Deviation | 2.07 | |||
| Variance | 4.3 | |||
| Information Ratio | 0.1228 | |||
| Jensen Alpha | 0.2739 | |||
| Total Risk Alpha | 0.1049 | |||
| Sortino Ratio | 0.1771 | |||
| Treynor Ratio | 0.4383 | |||
| Maximum Drawdown | 12.22 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 3.44 | |||
| Downside Variance | 2.07 | |||
| Semi Variance | 1.3 | |||
| Expected Short fall | (1.53) | |||
| Skewness | 2.44 | |||
| Kurtosis | 11.43 |
| Risk Adjusted Performance | 0.1335 | |||
| Market Risk Adjusted Performance | 0.4483 | |||
| Mean Deviation | 1.31 | |||
| Semi Deviation | 1.14 | |||
| Downside Deviation | 1.44 | |||
| Coefficient Of Variation | 592.52 | |||
| Standard Deviation | 2.07 | |||
| Variance | 4.3 | |||
| Information Ratio | 0.1228 | |||
| Jensen Alpha | 0.2739 | |||
| Total Risk Alpha | 0.1049 | |||
| Sortino Ratio | 0.1771 | |||
| Treynor Ratio | 0.4383 | |||
| Maximum Drawdown | 12.22 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 3.44 | |||
| Downside Variance | 2.07 | |||
| Semi Variance | 1.3 | |||
| Expected Short fall | (1.53) | |||
| Skewness | 2.44 | |||
| Kurtosis | 11.43 |
Consider Planet Fitness' intraday indicators
Planet Fitness intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Planet Fitness stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Planet Fitness Corporate Filings
F4 | 18th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 7th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 7th of August 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Planet Stock media impact
Far too much social signal, news, headlines, and media speculation about Planet Fitness that are available to investors today. That information is available publicly through Planet media outlets and privately through word of mouth or via Planet internal channels. However, regardless of the origin, that massive amount of Planet data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Planet Fitness news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Planet Fitness relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Planet Fitness' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Planet Fitness alpha.
Planet Fitness Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Planet Fitness can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Planet Fitness Historical Investor Sentiment
Investor biases related to Planet Fitness' public news can be used to forecast risks associated with an investment in Planet. The trend in average sentiment can be used to explain how an investor holding Planet can time the market purely based on public headlines and social activities around Planet Fitness. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Planet Fitness' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Planet Fitness and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Planet Fitness news discussions. The higher the estimate score, the more favorable the investor's outlook on Planet Fitness.
Planet Fitness Corporate Directors
| Frances Rathke | Independent Director | Profile | |
| Governor Benson | Interim Director | Profile | |
| Cammie Dunaway | Independent Director | Profile | |
| Craig Benson | Independent Director | Profile |
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.