On Tuesday, Planet Fitness Inc (NYSE: PLNT) was 1.09% up from the session before settling in for the closing price of $78.91. A 52-week range for PLNT has been $54.05 – $85.08.
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Annual sales at Consumer Cyclical sector company grew by 19.52% over the past five years. When this article was written, the company’s average yearly earnings per share was at 8.81%. With a float of $84.16 million, this company’s outstanding shares have now reached $86.76 million.
Let’s look at the performance matrix of the company that is accounted 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 and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Planet Fitness Inc stocks. The insider ownership of Planet Fitness Inc is 0.49%, while institutional ownership is 114.11%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 8.81% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.64% during the next five years compared to 10.09% growth over the previous five years of trading.
Planet Fitness Inc (NYSE: PLNT) Trading Performance Indicators
You can see what Planet Fitness Inc (PLNT) is doing with its current performance indicators. In the most recent 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 6.12. Likewise, its price to free cash flow for the trailing twelve months is 36.62.
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 2.83 in one year’s time.
Technical Analysis of Planet Fitness Inc (PLNT)
Planet Fitness Inc (NYSE: PLNT) saw its 5-day average volume 0.96 million, a negative change from its year-to-date volume of 1.53 million. As of the previous 9 days, the stock’s Stochastic %D was 27.24%. Additionally, its Average True Range was 1.89.
During the past 100 days, Planet Fitness Inc’s (PLNT) raw stochastic average was set at 67.49%, which indicates a significant increase from 37.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.05% in the past 14 days, which was higher than the 22.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $81.16, while its 200-day Moving Average is $71.23. Nevertheless, the first resistance level for the watch stands at $80.46 in the near term. At $81.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $82.49. If the price goes on to break the first support level at $78.43, it is likely to go to the next support level at $77.10. The third support level lies at $76.40 if the price breaches the second support level.
Planet Fitness Inc (NYSE: PLNT) Key Stats
There are 85,167K outstanding shares of the company, which has a market capitalization of 6.80 billion. As of now, sales total 1,071 M while income totals 138,310 K. Its latest quarter income was 300,940 K while its last quarter net income were 48,640 K.
