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.

PLNT was given price targets by several analysts. The most optimistic analyst gave a price target of 28, which equates to a potential upside of 22.86 percent. The most pessimistic analyst gave a price target of 22, implying a possible loss of -3.47 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.67 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

PLNT has an estimated earnings growth rate of 75.64 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, 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.

PLNT has a 52-week high of 25.10 and a 52-week low of 18.32. Currently the stock is 24.4 percent higher than its low, and 9.2 percent lower than its 52-week high. PLNT has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.