Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Experts are reporting that gym memberships for Planet Fitness are flat year over year in comparison to the sector. There's speculation that the weight-loss drug craze might be impacting these numbers. Additionally, the company attempted to raise prices but ultimately had to roll them back. Shares of PLNT are currently weak, down 6% so far this year.

Consensus
Mixed
Valuation
Fair Value
DON'T BUY
Planet Fitness

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.

misc consumer products
BUY
Planet Fitness
Planet Fitness is the best gym stock with 2,353 locations in all 50 states, Canada, Mexico, Puerto Rico and Australia. Their franchise model lets them expand quickly, but they earn a lot less per gym. They had a great IPO rally in 2015 through early 2020. Since then, it's been choppy, though rebounding in recent months. Just reported 8.2% same-store sales growth. They target 4,000 locations later. They ultra-cheap memberships and franchise model will shield them from a recession. They can grind higher over time.
misc consumer products
BUY
Planet Fitness
The CEO has built a remarkable business -- nationwide fitness at a reasonable price. He's all for it.
misc consumer products
COMMENT
Planet Fitness
Shares exploded in late-February when we started seeing positive vaccine news. Since then, this has pulled back hard thanks to analyst downgrades on valuation concerns. It reported last night a bottom and top line miss, and shares tumbled 4% today. But there was bullish commentary about traffic trends and reopening gyms, plus new investments. This reopening play could be worth buying.
misc consumer products
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Planet Fitness(PLNT-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for Planet Fitness is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Planet Fitness(PLNT-N) Frequently Asked Questions

What is Planet Fitness stock symbol?

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

Is Planet Fitness a buy or a sell?

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.

Is Planet Fitness a good investment or a top pick?

Planet Fitness was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Planet Fitness.

Why is Planet Fitness stock dropping?

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.

Is Planet Fitness worth watching?

In the last year, there was no coverage of Planet Fitness published on Stockchase.

What is Planet Fitness stock price?

On 2024-07-22, Planet Fitness (PLNT-N) stock closed at a price of $76.39.