This summary was created by AI, based on 1 opinions in the last 12 months.
Experts are reporting that gym memberships are remaining flat year over year in the sector, potentially due to the weight-loss drug craze. Shares of PLNT are weak, down from their peak and have decreased by 6% so far this year. Additionally, PLNT attempted to raise prices but ultimately had to roll back. These factors suggest that the company is facing challenges in growing its membership and maintaining share value.
Planet Fitness is a American stock, trading under the symbol PLNT-N on the New York Stock Exchange (PLNT). It is usually referred to as NYSE:PLNT or PLNT-N
In the last year, 1 stock analyst published opinions about PLNT-N. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Planet Fitness.
Planet Fitness was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Planet Fitness.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Planet Fitness published on Stockchase.
On 2024-11-22, Planet Fitness (PLNT-N) stock closed at a price of $101.53.
Gym memberships are flat YOY in this sector. He speculates that the weight-loss drug craze is a/the reason. Shares of this are weak, down from its peak, down 6% so far this year. Also, PLNT tried to raise prices, then had to roll back.