Planet Fitness Inc (NYSE: PLNT) is 2.89% higher on its value in year-to-date trading and has touched a low of $59.16 and a high of $110.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PLNT stock was last observed hovering at around $99.87 in the last trading session, with the day’s gains setting it 1.86%.
Currently trading at $101.73, the stock is 5.63% and 5.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.95 million and changing 1.86% at the moment leaves the stock 10.92% off its SMA200. PLNT registered 70.89% gain for a year compared to 6-month gain of 28.82%.
The stock witnessed a 10.22% loss in the last 1 month and extending the period to 3 months gives it a -4.85%, and is 7.55% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.88% over the week and 3.63% over the month.
Planet Fitness Inc (PLNT) has around 3806 employees, a market worth around $8.58B and $1.18B in sales. Current P/E ratio is 50.71 and Fwd P/E is 29.74. Profit margin for the company is 14.56%. Distance from 52-week low is 71.96% and -7.51% from its 52-week high. The company has generated returns on investments over the last 12 months (7.36%).
with sales reaching $279.82M over the same period.The EPS is expected to grow by 13.06% this year, but quarterly earnings will post 10.38% year-over-year. Quarterly sales are estimated to grow 12.82% in year-over-year returns.
The shares outstanding are 84.32M, and float is at 83.59M with Short Float at 6.24%.
The top institutional shareholder in the company is BLACKROCK INC. with over 10.28 million shares valued at $756.65 million. The investor’s holdings represent 11.8445 of the PLNT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 8.33 million shares valued at $612.76 million to account for 9.5919 of the shares outstanding. The other top investors are SRS INVESTMENT MANAGEMENT, LLC which holds 6.11 million shares representing 7.0402 and valued at over $449.75 million, while AMUNDI holds 4.8556 of the shares totaling 4.22 million with a market value of $311.65 million.
Planet Fitness Inc (PLNT) Insider Activity
The most recent transaction is an insider sale by DUNAWAY CAMBRIA W, the company’s Director. SEC filings show that DUNAWAY CAMBRIA W sold 3,000 shares of the company’s common stock on Mar 10 ’25 at a price of $92.11 per share for a total of $0.28 million. Following the sale, the insider now owns 17152.0 shares.
Still, SEC filings show that on Dec 05 ’24, Bode William (Div. President, U.S. Franchise) disposed off 4,641 shares at an average price of $100.14 for $0.46 million. The insider now directly holds 22,063 shares of Planet Fitness Inc (PLNT).
