Planet Fitness Inc (NYSE: PLNT) on Tuesday, soared 3.44% from the previous trading day, before settling in for the closing price of $104.46. Within the past 52 weeks, PLNT’s price has moved between $54.35 and $107.68.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 19.34%. The company achieved an average annual earnings per share of 11.93%. With a float of $83.77 million, this company’s outstanding shares have now reached $84.10 million.
Let’s determine the extent of company efficiency that accounts for 3411 employees. In terms of profitability, gross margin is 50.27%, operating margin of 27.15%, and the pretax margin is 21.09%.
Planet Fitness Inc (PLNT) Breakdown of a Key Holders of the stock
Observing investor behavior towards Leisure industry stocks is more important than anything else. The insider ownership of Planet Fitness Inc is 0.49%, while institutional ownership is 111.11%. The most recent insider transaction that took place on Dec 05 ’24, was worth 464,773. In this transaction Div. President, U.S. Franchise of this company sold 4,641 shares at a rate of $100.14, taking the stock ownership to the 22,063 shares. Before that another transaction happened on Nov 15 ’24, when Company’s Chief Financial Officer sold 16,848 for $94.89, making the entire transaction worth $1,598,763. This insider now owns 27,284 shares in total.
Planet Fitness Inc (PLNT) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.64 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.93% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% 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
Planet Fitness Inc (PLNT) is currently performing well based on its current performance indicators. A quick ratio of 1.93 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.12. Likewise, its price to free cash flow for the trailing twelve months is 47.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.86, a number that is poised to hit 0.62 in the next quarter and is forecasted to reach 2.93 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 1.69 million, which is a jump from its year-to-date volume of 1.47 million. As of the previous 9 days, the stock’s Stochastic %D was 78.65%. Additionally, its Average True Range was 2.78.
During the past 100 days, Planet Fitness Inc’s (PLNT) raw stochastic average was set at 99.85%, which indicates a significant increase from 99.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.18% in the past 14 days, which was lower than the 29.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $99.60, while its 200-day Moving Average is $79.92. However, in the short run, Planet Fitness Inc’s stock first resistance to watch stands at $108.96. Second resistance stands at $109.86. The third major resistance level sits at $111.63. If the price goes on to break the first support level at $106.28, it is likely to go to the next support level at $104.51. Now, if the price goes above the second support level, the third support stands at $103.61.
Planet Fitness Inc (NYSE: PLNT) Key Stats
Market capitalization of the company is 9.15 billion based on 84,594K outstanding shares. Right now, sales total 1,071 M and income totals 138,310 K. The company made 292,250 K in profit during its latest quarter, and 42,010 K in sales during its previous quarter.
