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.

Several price targets were given for PLNT by the analysts covering the stock. The maximum price target given was 28, implying a possible profit of 22.86 percent. The most pessimistic analyst gave a price target of 22, implying a possible loss 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of PLNT's earnings is estimated by analysts to be 75.64 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. PLNT has a PEG ratio of 0.69.

In the trailing 52-weeks, PLNT hit 25.10 at the highest peak, while it's lowest trading point was 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 stock has a market capitalization of $2.25 billion. PLNT will post this quarters earnings in days, on 0000-00-00.