How Have Planet Fitness, Inc. (PLNT) Earnings Outlook Changed?

The original version of this article can be accessed at (NYSE:PLNT) in a report released on Thursday, September 14th. They now have a United States dollars 29 price target on the stock.

Want to see what other hedge funds are holding PLNT? The count of Hold ratings in that period was 0. Guggenheim reaffirmed a "buy" rating and issued a $24.00 price objective on shares of Planet Fitness in a research note on Thursday, April 6th. Roth Capital set a $23.00 price target on Planet Fitness and gave the company a "buy" rating in a report on Thursday, August 10th. If the published price targets set by Planet Fitness, Inc. analysts have any power to influence the stock's share price, the highest price target set for PLNT is $30. The analyst recommendations from a month ago are 0 Buy, 9 Strong Buy, 0 Sell, 0 Hold and 1. A rating of 4 or 5 would indicate a consensus Sell.

NYSE:PLNT) was down -0.86% (-$0.23) to $26.54 and showed a volume of 1.51 mln shares. 691,960 shares of the stock were exchanged. Zooming out to the 200-day moving average, shares have been seen trading 10.19% away from that value. Over the 52-week time span, the stock notched a high price of $26.86 and its minimum price was $18.32. The firm has a market cap of $2.30 billion, a P/E ratio of 46.40 and a beta of 0.85. Planet Fitness Inc (NYSE:PLNT) has risen 39.93% since September 22, 2016 and is uptrending. The company reported $0.19 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.03. The firm had revenue of $91.10 million during the quarter, compared to analysts' expectations of $91.33 million. It has a return on equity (ROE) of -36.30%. The business's revenue for the quarter was up 17.3% compared to the same quarter previous year. During the same quarter in the prior year, the company earned $0.17 earnings per share. Receive News & Ratings for Planet Fitness Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Planet Fitness Inc and related companies with's FREE daily email newsletter. "(PLNT)" was reported by Week Herald and is the property of of Week Herald. If you are accessing this piece on another site, it was stolen and republished in violation of United States and global copyright law. The stock has "Overweight" rating by Piper Jaffray on Friday, November 13.

A number of equities analysts recently commented on PLNT shares. Teachers Advisors LLC boosted its holdings in shares of Planet Fitness by 72.7% in the 4th quarter. The portion of a company's profit allocated to each outstanding share of common stock was $0.26 a share in the trailing twelve months. The Company dividend yield observed at 1.11%. Jennison Associates LLC now owns 2,653,219 shares of the company's stock worth $51,128,000 after buying an additional 1,331,660 shares in the last quarter.

06/06/2016 - JP Morgan began new coverage on Planet Fitness, Inc. giving the company a "overweight" rating. Bank of New York Mellon Corp raised its position in Planet Fitness by 226.0% in the first quarter. Finally, Fortaleza Asset Management Inc. increased its stake in Planet Fitness by 57.9% in the 2nd quarter.

The Franchise segment includes operations related to the Business's franchising business in the United States, Puerto Rico, the Dominican Republic and Canada. The Company operates through three segments: Franchise; Corporate-owned stores, and Equipment. The Corporate-owned stores segment includes operations with respect to all corporate-owned stores throughout the United States and Canada.

Like this


23 September 2017
Irish PM says May speech 'genuine effort to move things forward'
The speech in a 14th-century church in Italy today was aimed at breaking the deadlock in Brexit talks, due to resume on Monday. Theresa May's Brexit speech is a major snub to Boris Johnson and if the Foreign Secretary was true to his word, he'd resign.

23 September 2017
Android One Moto X4 Officially Launched
You can bring your own device to Project Fi since it relies on special software that handles network switching. Google confirms that this handset will receive Android 8.0 Oreo by the end of this year.

23 September 2017
Noida woman allegedly gang-raped in vehicle , thrown out near Delhi's Akshardham
The woman was later dumped near Akshardham temple in Delhi around 2am after which she called the police control room. The woman said that she was explaining the route when the accused dragged her inside the SUV and drove away.

23 September 2017
Nucor Corp (NYSE:NUE) 2017 Q2 Sentiment Report
The firm presently has a $65.00 target price on the basic materials company's stock, up from their prior target price of $53.60. It dropped, as 57 investors sold NUE shares while 200 reduced holdings. 94 funds opened positions while 224 raised stakes.

23 September 2017
Scooter Gennett blasts 4th grand slam of season
This is an important series for us. "It was awesome", said Benintendi, a graduate of Madeira Middle School and Madeira High. Gennett joined Hall of Famer Lou Gehrig as the second player with a four-homer game and four grand slams in any season.

23 September 2017
WINTON GROUP Ltd Buys 59761 Shares of UnitedHealth Group Incorporated (NYSE:UNH)
Also, it has an estimated price-earnings (P/E) multiple of 17.99 and a trailing 12-month price-earnings (P/E) multiple of 23.47. It has outperformed by 16.06% the S&P500.The move comes after 5 months negative chart setup for the $182.78 billion company.

23 September 2017
General Electric Sees Unusually Large Options Volume (GE)
The stock of Portland General Electric Company (NYSE: POR ) has "Hold" rating given on Friday, August 5 by Williams Capital Group. It is negative, as 58 investors sold HON shares while 492 reduced holdings. 111 funds opened positions while 598 raised stakes.

23 September 2017
May proposes two-year 'transition phase' for Brexit
Matthew O'Toole, a former aide to the PM, said: "The speech will probably not be a slam dunk or game changer". The UK's willingness to surrender billions of pounds to the EU.

23 September 2017
Nikkei slips from 2-year peak after North Korea brandishes H-bomb
The activity took place around 50 km (31 miles) from previous nuclear tests , it added. North Korea relies heavily on textiles, it's one last major source of foreign revenue.

23 September 2017
Three people rescued in San Francisco apartment fire
TM and © Copyright 2017 CBS Radio Inc. and its relevant subsidiaries. The blaze has been doused, but its cause remains under investigation.