Planet Fitness Inc (NYSE: PLNT)’s stock price has gone decline by -7.75 in comparison to its previous close of 99.24, however, the company has experienced a -8.56% decrease in its stock price over the last five trading days. zacks.com reported 2025-02-25 that The headline numbers for Planet Fitness (PLNT) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Is It Worth Investing in Planet Fitness Inc (NYSE: PLNT) Right Now?
The price-to-earnings ratio for Planet Fitness Inc (NYSE: PLNT) is 49.26x, which is above its average ratio. Moreover, the 36-month beta value for PLNT is 1.53. Analysts have varying opinions on the stock, with 7 analysts rating it as a “buy,” 8 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for PLNT is 83.77M and currently, short sellers hold a 5.37% of that float. On February 25, 2025, PLNT’s average trading volume was 1.21M shares.
PLNT’s Market Performance
PLNT stock saw a decrease of -8.56% in the past week, with a monthly decline of -12.72% and a quarterly a decrease of -6.85%. The volatility ratio for the week is 2.91%, and the volatility levels for the last 30 days are 2.55% for Planet Fitness Inc (PLNT). The simple moving average for the last 20 days is -11.73% for PLNT’s stock, with a simple moving average of 7.61% for the last 200 days.
Analysts’ Opinion of PLNT
Many brokerage firms have already submitted their reports for PLNT stocks, with Macquarie repeating the rating for PLNT by listing it as a “Neutral.” The predicted price for PLNT in the upcoming period, according to Macquarie is $99 based on the research report published on November 08, 2024 of the previous year 2024.
Deutsche Bank, on the other hand, stated in their research note that they expect to see PLNT reach a price target of $71. The rating they have provided for PLNT stocks is “Hold” according to the report published on September 27th, 2024.
Exane BNP Paribas gave a rating of “Outperform” to PLNT, setting the target price at $97 in the report published on September 05th of the previous year.
PLNT Trading at -10.72% from the 50-Day Moving Average
After a stumble in the market that brought PLNT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.77% of loss for the given period.
Volatility was left at 2.55%, however, over the last 30 days, the volatility rate increased by 2.91%, as shares sank -10.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.21% lower at present.
During the last 5 trading sessions, PLNT fell by -7.16%, which changed the moving average for the period of 200-days by +49.87% in comparison to the 20-day moving average, which settled at $103.78. In addition, Planet Fitness Inc saw -7.40% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PLNT starting from Bode William, who sale 4,641 shares at the price of $100.14 back on Dec 05 ’24. After this action, Bode William now owns 22,063 shares of Planet Fitness Inc, valued at $464,773 using the latest closing price.
Fitzgerald Thomas J III, the Chief Financial Officer of Planet Fitness Inc, sale 16,848 shares at $94.89 during a trade that took place back on Nov 15 ’24, which means that Fitzgerald Thomas J III is holding 27,284 shares at $1,598,763 based on the most recent closing price.
Stock Fundamentals for PLNT
Current profitability levels for the company are sitting at:
- 0.27 for the present operating margin
- 0.5 for the gross margin
The net margin for Planet Fitness Inc stands at 0.14. The total capital return value is set at 0.11.
Based on Planet Fitness Inc (PLNT), the company’s capital structure generated 1.11 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at -9.71. The interest coverage ratio of the stock is 3.24.
Currently, EBITDA for the company is 443.53 million with net debt to EBITDA at 4.76. When we switch over and look at the enterprise to sales, we see a ratio of 8.75. The receivables turnover for the company is 19.82for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.94.
Conclusion
To wrap up, the performance of Planet Fitness Inc (PLNT) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
