Planet Fitness (PLNT) Expected to Announce Quarterly Earnings on Tuesday

Planet Fitness (NYSE:PLNT - Get Free Report) will likely be announcing its earnings results before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.62 per share and revenue of $324.57 million for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.

Planet Fitness Trading Down 2.9 %

Shares of PLNT stock traded down $2.85 during trading on Friday, hitting $96.78. The company's stock had a trading volume of 2,414,750 shares, compared to its average volume of 1,420,984. The company has a market cap of $8.19 billion, a PE ratio of 52.03, a P/E/G ratio of 2.47 and a beta of 1.53. The business has a fifty day moving average of $102.81 and a 200-day moving average of $91.80. Planet Fitness has a 52 week low of $54.35 and a 52 week high of $110.00.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. DA Davidson reissued a "neutral" rating and issued a $87.00 target price on shares of Planet Fitness in a research report on Tuesday, January 21st. Stifel Nicolaus raised their target price on Planet Fitness from $85.00 to $90.00 and gave the stock a "hold" rating in a research report on Friday, January 17th. Raymond James raised their target price on Planet Fitness from $92.00 to $110.00 and gave the stock a "strong-buy" rating in a research report on Friday, November 8th. Macquarie reissued a "neutral" rating and issued a $99.00 target price (up from $91.00) on shares of Planet Fitness in a research report on Friday, November 8th. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $120.00 target price on shares of Planet Fitness in a research report on Wednesday, January 15th. Five equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $97.69.

Planet Fitness Company Profile

Planet Fitness, Inc, together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. The company operates through three segments: Franchise, Corporate-Owned Stores, and Equipment. The company is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia.