On Friday, Planet Fitness Inc (NYSE: PLNT) opened higher 0.10% from the last session, before settling in for the closing price of $82.31. Price fluctuations for PLNT have ranged from $44.13 to $83.36 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 19.52%. 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.
Let’s determine the extent of company efficiency that accounts for 3411 employees. 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) Insider Activity
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 115.37%. 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) Earnings and Forecasts
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 6.27. Likewise, its price to free cash flow for the trailing twelve months is 37.53.
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)
Looking closely at Planet Fitness Inc (NYSE: PLNT), its last 5-days average volume was 1.02 million, which is a drop from its year-to-date volume of 1.63 million. As of the previous 9 days, the stock’s Stochastic %D was 69.71%. Additionally, its Average True Range was 1.88.
During the past 100 days, Planet Fitness Inc’s (PLNT) raw stochastic average was set at 93.76%, which indicates a significant increase from 71.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.92% in the past 14 days, which was lower than the 26.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $77.71, while its 200-day Moving Average is $69.42. However, in the short run, Planet Fitness Inc’s stock first resistance to watch stands at $83.56. Second resistance stands at $84.74. The third major resistance level sits at $85.49. If the price goes on to break the first support level at $81.63, it is likely to go to the next support level at $80.88. Should the price break the second support level, the third support level stands at $79.70.
Planet Fitness Inc (NYSE: PLNT) Key Stats
There are currently 88,179K shares outstanding in the company with a market cap of 6.97 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.
