On Tuesday, Planet Fitness Inc (NYSE: PLNT) opened higher 0.15% from the last session, before settling in for the closing price of $80.85. Price fluctuations for PLNT have ranged from $44.13 to $83.36 over the past 52 weeks.
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Consumer Cyclical Sector giant saw their annual sales surged by 19.52% over the last five years. Company’s average yearly earnings per share was noted 8.91% at the time writing. With a float of $84.15 million, this company’s outstanding shares have now reached $86.76 million.
The firm has a total of 3411 workers. Let’s measure their productivity. In terms of profitability, gross margin is 41.63%, operating margin of 26.71%, and the pretax margin is 20.95%.
Planet Fitness Inc (PLNT) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Leisure industry is another important factor to consider. The insider ownership of Planet Fitness Inc is 0.50%, while institutional ownership is 115.33%. The most recent insider transaction that took place on Aug 14 ’24, was worth 158,045. In this transaction Div. President, U.S. Franchise of this company sold 2,000 shares at a rate of $79.02, taking the stock ownership to the 27,504 shares. Before that another transaction happened on Aug 14 ’24, when Company’s Officer proposed sale 2,000 for $79.02, making the entire transaction worth $158,045.
Planet Fitness Inc (PLNT) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.59 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.55) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.62 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.91% per share during the next fiscal year.
Planet Fitness Inc (NYSE: PLNT) Trading Performance Indicators
Check out the current performance indicators for Planet Fitness Inc (PLNT). In the past quarter, the stock posted a quick ratio of 1.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.16. Likewise, its price to free cash flow for the trailing twelve months is 36.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.82, a number that is poised to hit 0.57 in the next quarter and is forecasted to reach 2.84 in one year’s time.
Technical Analysis of Planet Fitness Inc (PLNT)
Analysing the last 5-days average volume posted by the [Planet Fitness Inc, PLNT], we can find that recorded value of 1.29 million was lower than the volume posted last year of 1.64 million. As of the previous 9 days, the stock’s Stochastic %D was 55.24%. Additionally, its Average True Range was 1.90.
During the past 100 days, Planet Fitness Inc’s (PLNT) raw stochastic average was set at 90.71%, which indicates a significant increase from 52.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.72% in the past 14 days, which was lower than the 26.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $77.18, while its 200-day Moving Average is $69.18. Now, the first resistance to watch is $81.38. This is followed by the second major resistance level at $81.80. The third major resistance level sits at $82.45. If the price goes on to break the first support level at $80.31, it is likely to go to the next support level at $79.66. Now, if the price goes above the second support level, the third support stands at $79.24.
Planet Fitness Inc (NYSE: PLNT) Key Stats
There are currently 88,179K shares outstanding in the company with a market cap of 6.85 billion. Presently, the company’s annual sales total 1,071 M according to its annual income of 138,310 K. Last quarter, the company’s sales amounted to 300,940 K and its income totaled 48,640 K.
