Analyst Ratings for Planet Fitness Inc. Cl A (PLNT)

Updated: 2017-07-29

Analysts covering Planet Fitness Inc. Cl A (NYSE:PLNT) have given it a consensus rating of Buy. A consensus rating of Buy was previously issued for PLNT last month.

A buy rating was issued by 10 analysts, 1 issued an overweight rating, 1 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

A number of analysts gave price targets for PLNT. The most optimistic price target was 28, implying a possible profit of 22.86 percent. The most pessimistic price target was 22, implying potential capital losses of -3.47 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 2.78 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 2.67 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of PLNT to grow at a rate of 75.64 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of PLNT is 0.69.

In the last 52-weeks, PLNT has achieved a high of 25.10 and a low of 18.32. Currently the stock is 24.4 percent higher than its low, and below the high by 9.2 percent. PLNT has a P/E ratio of 52.13. Investors typically compare the P/E ratio to a company's peers in the industry. The PLNT value stock report compares PLNT to some of its peers using value stock charts. The market cap of PLNT is $2.25 billion. PLNT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.