On Friday, Planet Fitness Inc (NYSE: PLNT) was -0.62% drop from the session before settling in for the closing price of $105.54. A 52-week range for PLNT has been $54.35 – $108.41.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 19.34%. When this article was written, the company’s average yearly earnings per share was at 11.93%. With a float of $83.77 million, this company’s outstanding shares have now reached $84.10 million.
Considering the fact that the conglomerate employs 3411 people, you should pay attention to its efficiency factor. 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) Insider Activity
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 111.02%. 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) Earnings and Forecasts
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 15.43% 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 1.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.89. Likewise, its price to free cash flow for the trailing twelve months is 45.83.
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)
Compared to the last year’s volume of 1.46 million, its volume of 1.46 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 74.37%. Additionally, its Average True Range was 2.59.
During the past 100 days, Planet Fitness Inc’s (PLNT) raw stochastic average was set at 88.51%, which indicates a significant increase from 67.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.90% in the past 14 days, which was lower than the 30.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $100.46, while its 200-day Moving Average is $80.56. Nevertheless, the first resistance level for the watch stands at $105.65 in the near term. At $106.42, the stock is likely to face the second major resistance level. The third major resistance level sits at $107.28. If the price goes on to break the first support level at $104.02, it is likely to go to the next support level at $103.16. Should the price break the second support level, the third support level stands at $102.39.
Planet Fitness Inc (NYSE: PLNT) Key Stats
There are 84,594K outstanding shares of the company, which has a market capitalization of 8.88 billion. As of now, sales total 1,071 M while income totals 138,310 K. Its latest quarter income was 292,250 K while its last quarter net income were 42,010 K.
