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 highest price target was 28, implying a possible profit of 22.86 percent. The lowest price target was 22, which equates to a potential downside of -3.47 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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 decreased their estimates.
Analysts estimate earnings of PLNT to grow at a rate of 75.64 percent. The PEG ratio of a stock is another value frequently studied by investors. 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. 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. 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. The current market price is above the trailing year's low by 24.4 percent, 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 stock has a market capitalization of $2.25 billion. PLNT will post this quarters earnings in days, on 0000-00-00.