Planet Fitness, Inc. stock performance trend indicates that the stock price has rallied 2.18% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 0.6% . Looking at the past 52 week period, the stock price is up at 31.02% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Planet Fitness, Inc. has a positive value of 36.98 compared to overall market.Planet Fitness, Inc. is having a Relative Strength Index of 42.23 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Planet Fitness, Inc. (NYSE:PLNT) has tumbled 1.56% during the past week and has dropped 5.87% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.79%. Planet Fitness, Inc. (NYSE:PLNT) has underperformed the index by 6.95% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Planet Fitness, Inc. (NYSE:PLNT) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.1 points or 0.49% at $20.19 with 1,430,741 shares getting traded. Post opening the session at $20.41, the shares hit an intraday low of $20.01 and an intraday high of $20.41 and the price was in this range throughout the day. The company has a market cap of $1,989 million and the number of outstanding shares has been calculated to be 98,498,723 shares. The 52-week high of Planet Fitness, Inc. (NYSE:PLNT) is $25.1 and the 52-week low is $14.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Planet Fitness Inc was Reiterated by Imperial Capital on Feb 2, 2017 to Outperform, Lowers Price Target to $ 24 from a previous price target of $26 .Planet Fitness Inc was Initiated by Macquarie to Outperform on Jan 5, 2017.
Company has reported several Insider transactions to the SEC, on Mar 16, 2017, Dorvin D Lively (Chief Financial Officer) sold 200,000 shares at 20.44 per share price.On Mar 16, 2017, Pierre Lecomte (director 10% owner) sold 1.4775E7 shares at 20.44 per share price.On Mar 16, 2017, Charles Esserman (director 10% owner) sold 1.4775E7 shares at 20.44 per share price.
Planet Fitness Inc Last issued its quarterly earnings results on Mar 1, 2017. The company reported $0.20 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.19. The company had revenue of $116.40 million for the quarter, compared to analysts expectations of $114.59 million. The companys revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.17 EPS.
Planet Fitness, Inc. franchises and operates fitness centers through its subsidiaries. The companys operating segments consists of Franchise, Corporate-owned stores and Equipment. It is engaged in licensing and selling franchises under the Planet Fitness trade name, owning and operating fitness centers under the Planet Fitness trade name and selling fitness-related equipment to franchisee-owned stores. Planet Fitness, Inc. is headquartered in Newington, New Hampshire.