Brokers Offer Predictions for Planet Fitness Q1 Earnings

Planet Fitness, Inc. (NYSE:PLNT) – Research analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for Planet Fitness in a note issued to investors on Wednesday, February 26th. DA Davidson analyst L. Weiser expects that the company will post earnings per share of $0.58 for the quarter. DA Davidson currently has a “Neutral” rating and a $87.00 target price on the stock. The consensus estimate for Planet Fitness’ current full-year earnings is $2.51 per share. DA Davidson also issued estimates for Planet Fitness’ FY2026 earnings at $3.35 EPS.

A number of other brokerages also recently weighed in on PLNT. Raymond James increased their price target on Planet Fitness from $92.00 to $110.00 and gave the stock a “strong-buy” rating in a report on Friday, November 8th. Roth Mkm reaffirmed a “buy” rating and set a $115.00 target price (up previously from $110.00) on shares of Planet Fitness in a research note on Wednesday. Stifel Nicolaus boosted their price target on Planet Fitness from $85.00 to $90.00 and gave the company a “hold” rating in a research note on Friday, January 17th. JPMorgan Chase & Co. increased their price target on Planet Fitness from $90.00 to $100.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. Finally, Piper Sandler lifted their price objective on shares of Planet Fitness from $115.00 to $123.00 and gave the company an “overweight” rating in a research note on Monday, January 6th. Five analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $99.38.

Planet Fitness Stock Up 0.4 %

Shares of NYSE PLNT opened at $90.52 on Thursday. The company has a market capitalization of $7.66 billion, a PE ratio of 48.67, a P/E/G ratio of 2.45 and a beta of 1.53. Planet Fitness has a twelve month low of $54.35 and a twelve month high of $110.00. The firm has a fifty day simple moving average of $102.44 and a 200 day simple moving average of $92.24.

Planet Fitness (NYSE:PLNT) last released its quarterly earnings results on Tuesday, February 25th. The company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.08. Planet Fitness had a net margin of 14.23% and a negative return on equity of 107.97%. The firm had revenue of $340.50 million during the quarter, compared to analyst estimates of $324.57 million. During the same quarter last year, the business earned $0.60 EPS. The company’s revenue was up 19.4% compared to the same quarter last year.

Hedge Funds Weigh In On Planet Fitness

Several large investors have recently added to or reduced their stakes in PLNT. Creative Planning raised its stake in shares of Planet Fitness by 2.1% in the third quarter. Creative Planning now owns 9,144 shares of the company’s stock worth $743,000 after purchasing an additional 192 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in shares of Planet Fitness by 202.3% during the third quarter. Assenagon Asset Management S.A. now owns 45,928 shares of the company’s stock valued at $3,730,000 after buying an additional 30,736 shares during the last quarter. State of Alaska Department of Revenue grew its holdings in Planet Fitness by 3.3% during the third quarter. State of Alaska Department of Revenue now owns 9,825 shares of the company’s stock worth $797,000 after buying an additional 310 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc purchased a new stake in Planet Fitness in the 3rd quarter valued at $13,592,000. Finally, Verdence Capital Advisors LLC lifted its stake in Planet Fitness by 4.5% during the 3rd quarter. Verdence Capital Advisors LLC now owns 3,047 shares of the company’s stock valued at $247,000 after acquiring an additional 132 shares in the last quarter. Institutional investors own 95.53% of the company’s stock.

Planet Fitness Company Profile

Planet Fitness, Inc, together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. The company operates through three segments: Franchise, Corporate-Owned Stores, and Equipment. The company is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia.