Planet Fitness Stock Analysis

PLNT Stock  USD 101.53  1.51  1.51%   
Planet Fitness is overvalued with Real Value of 89.51 and Target Price of 65.81. The main objective of Planet Fitness stock analysis is to determine its intrinsic value, which is an estimate of what Planet Fitness is worth, separate from its market price. There are two main types of Planet Fitness' stock analysis: fundamental analysis and technical analysis.
The Planet Fitness stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Planet Fitness is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. Planet Stock trading window is adjusted to America/New York timezone.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Planet Fitness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Planet Stock please use our How to Invest in Planet Fitness guide.

Planet Stock Analysis Notes

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. Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. Planet Fitness, Inc. was founded in 1992 and is headquartered in Hampton, New Hampshire. Planet Fitness operates under Leisure classification in the United States and is traded on New York Stock Exchange. It employs 1770 people. To find out more about Planet Fitness contact Christopher Rondeau at 603 750 0001 or learn more at https://www.planetfitness.com.

Planet Fitness Quarterly Total Revenue

292.25 Million

Planet Fitness Investment Alerts

Over 100.0% of the company shares are owned by institutional investors
Latest headline from thelincolnianonline.com: Jennifer Simmons Sells 11,453 Shares of Planet Fitness, Inc. Stock

Planet Fitness Upcoming and Recent Events

22nd of February 2024
Upcoming Quarterly Report
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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

Planet Largest EPS Surprises

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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2015-11-12
2015-09-300.090.10.0111 
2016-10-26
2016-09-300.140.160.0214 
2016-08-11
2016-06-300.150.170.0213 
View All Earnings Estimates

Planet Fitness Environmental, Social, and Governance (ESG) Scores

Planet Fitness' ESG score is a quantitative measure that evaluates Planet Fitness' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Planet Fitness' operations that may have significant financial implications and affect Planet Fitness' stock price as well as guide investors towards more socially responsible investments.

Planet Fitness Thematic Classifications

In addition to having Planet Fitness stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Recreation Idea
Recreation
USA Equities from Recreation industry as classified by Fama & French

Planet Stock Institutional Investors

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
Bank Of New York Mellon Corp2024-06-30
2.1 M
Franklin Resources Inc2024-09-30
1.8 M
Steadfast Capital Management Llc2024-09-30
1.7 M
Anomaly Capital Management, Lp2024-09-30
1.5 M
Cadian Capital Management Lp2024-09-30
1.5 M
Geode Capital Management, Llc2024-09-30
1.5 M
Two Creeks Capital Management, Lp2024-09-30
1.3 M
Bamco Inc2024-09-30
1.2 M
Blackrock Inc2024-06-30
10.3 M
Vanguard Group Inc2024-09-30
M
Note, although Planet Fitness' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Planet Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.59 B.

Planet Profitablity

The company has Profit Margin (PM) of 0.15 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.3 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.3.
Last ReportedProjected 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)

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 ReportedProjected 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 Value7.7 B5.3 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.
Operating Margin
0.298
Profit Margin
0.1528
Beta
1.493
Return On Assets
0.0655

Technical Drivers

As of the 24th of November, Planet Fitness holds the Coefficient Of Variation of 539.79, risk adjusted performance of 0.1484, and Semi Deviation of 1.14. 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 Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Planet Fitness middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Planet Fitness. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

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.

Planet Fitness Outstanding Bonds

Planet Fitness issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Planet Fitness uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Planet bonds can be classified according to their maturity, which is the date when Planet Fitness has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Planet Fitness Predictive Daily 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
13A
13th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
12th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
8th 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
F4
6th 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
8K
30th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Planet Fitness Forecast Models

Planet Fitness' time-series forecasting models are one of many Planet Fitness' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Planet Fitness' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Planet Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Planet Fitness prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Planet shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Planet Fitness. By using and applying Planet Stock analysis, traders can create a robust methodology for identifying Planet entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.19  0.25 
Operating Profit Margin 0.25  0.20 
Net Profit Margin 0.13  0.07 
Gross Profit Margin 0.38  0.38 

Current Planet Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Planet analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Planet analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
65.81Strong Buy18Odds
Planet Fitness current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Planet analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Planet stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Planet Fitness, talking to its executives and customers, or listening to Planet conference calls.
Planet Analyst Advice Details

Planet Stock Analysis Indicators

Planet Fitness stock analysis indicators help investors 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 understating and applying Planet Fitness stock analysis, traders can identify Planet Fitness position entry and exit signals to maximize returns.
Begin Period Cash Flow472.5 M
Long Term DebtB
Common Stock Shares Outstanding85.2 M
Total Stockholder Equity-115.6 M
Tax Provision53.4 M
Quarterly Earnings Growth Y O Y0.08
Property Plant And Equipment Net771.4 M
Cash And Short Term Investments350.7 M
Cash322.1 M
Accounts Payable23.8 M
Net Debt2.1 B
50 Day M A84.992
Total Current Liabilities251.3 M
Other Operating Expenses798.5 M
Non Current Assets Total2.5 B
Forward Price Earnings38.3142
Non Currrent Assets Other3.9 M
Stock Based Compensation7.9 M

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.