Planet Condition (NYSE:PLNT – Get Free Report)‘s stock had its “neutral” rating reiterated by DA Davidson in a research report issued to clients and investors on Thursday, Benzinga reports. They currently have a $62.00 price objective on the stock. DA Davidson’s value goal signifies a possible drawback of four.54% from the keep’s earlier alike.
A lot of alternative brokerages have additionally commented on PLNT. JPMorgan Chase & Co. trim their value goal on Planet Condition from $75.00 to $72.00 and eager a “neutral” ranking at the keep in a analysis observe on Monday, February twenty sixth. StockNews.com upgraded stocks of Planet Condition from a “sell” ranking to a “hold” ranking in a analysis record on Wednesday. Robert W. Baird greater their value goal on Planet Condition from $80.00 to $88.00 and gave the corporate an “outperform” ranking in a record on Friday. Stifel Nicolaus downgraded Planet Condition from a “buy” ranking to a “hold” ranking and trim their goal value for the keep from $80.00 to $70.00 in a record on Friday. In any case, Royal Store of Canada greater their value goal on Planet Condition from $74.00 to $80.00 and gave the corporate an “outperform” ranking in a analysis observe on Tuesday, March fifth. Seven analysts have rated the keep with a conserve ranking, seven have assigned a purchase ranking and one has assigned a powerful purchase ranking to the corporate’s keep. In accordance with knowledge from MarketBeat.com, the corporate at this time has a consensus ranking of “Moderate Buy” and a consensus goal value of $71.43.
Check Out Our Latest Stock Report on PLNT
Planet Condition Reserve Unwell 0.6 %
Planet Fitness stock opened at $64.95 on Thursday. The keep has a marketplace cap of $5.73 billion, a PE ratio of 40.09, a P/E/G ratio of one.97 and a beta of one.37. Planet Condition has a 12-month low of $44.13 and a 12-month top of $75.86. The industry’s 50-day shifting reasonable value is $61.54 and its two-hundred year shifting reasonable value is $65.29.
Planet Condition (NYSE:PLNT – Get Free Report) closing introduced its quarterly profits effects on Thursday, Would possibly ninth. The corporate reported $0.53 profits in step with percentage (EPS) for the quarter, beating the consensus estimate of $0.49 by means of $0.04. The corporate had earnings of $248.00 million for the quarter, in comparison to analyst estimates of $249.48 million. Planet Condition had a web margin of 12.91% and a adverse go back on fairness of 120.89%. The company’s earnings was once up 11.6% on a year-over-year foundation. Right through the similar length within the earlier 12 months, the company posted $0.41 EPS. As a gaggle, analysts be expecting that Planet Condition will put up 2.49 profits in step with percentage for the flow 12 months.
Institutional Inflows and Outflows
A lot of hedge price range have just lately made adjustments to their positions in PLNT. Leading edge Crew Inc. boosted its stake in Planet Condition by means of 1.2% throughout the first quarter. Leading edge Crew Inc. now owns 8,174,617 stocks of the corporate’s keep valued at $511,976,000 next buying an backup 97,823 stocks throughout the closing quarter. Picton Mahoney Asset Control bought a pristine place in stocks of Planet Condition throughout the primary quarter valued at roughly $1,786,000. Surrounding Board of Management of Florida Leaving Gadget grew its holdings in Planet Condition by means of 4.4% throughout the primary quarter. Surrounding Board of Management of Florida Leaving Gadget now owns 92,400 stocks of the corporate’s keep use $5,787,000 next purchasing an backup 3,860 stocks within the closing quarter. BNP PARIBAS ASSET MANAGEMENT Preserving S.A. raised its place in Planet Condition by means of 4.6% within the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Preserving S.A. now owns 125,696 stocks of the corporate’s keep valued at $7,872,000 next purchasing an backup 5,535 stocks throughout the closing quarter. In any case, Russell Investments Crew Ltd. lifted its stake in Planet Condition by means of 8.4% throughout the first quarter. Russell Investments Crew Ltd. now owns 13,587 stocks of the corporate’s keep valued at $851,000 next obtaining an backup 1,057 stocks within the closing quarter. 95.53% of the keep is recently owned by means of institutional buyers and hedge price range.
About Planet Condition
Planet Condition, Inc, along with its subsidiaries, franchises and operates health facilities below the Planet Condition emblem. The corporate operates via 3 departments: Franchise, Company-Owned Retail outlets, and Apparatus. The corporate is fascinated about franchising industry in the USA, Puerto Rico, Canada, Panama, Mexico, and Australia.
Additional Studying
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