|Bid||71.32 x 800|
|Ask||71.33 x 800|
|Day's Range||71.02 - 71.94|
|52 Week Range||48.00 - 81.90|
|Beta (3Y Monthly)||0.56|
|PE Ratio (TTM)||54.22|
|Earnings Date||Nov 7, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||80.69|
Dropbox reported earnings that topped revenue estimates, Zillow Group gives an upbeat forecast, and Planet Fitness reports third quarter earnings and revenue that beat estimates. Yahoo Finance's Ines Ferre reports from the floor of the New York Stock Exchange.
Would you like to get a head start into the New Year with a healthier portfolio? Look no further than three health and fitness stocks with monthly price charts making the right moves to achieve that goal.It's that time of year where the conversation turns to food, family and football. The upcoming Thanksgiving and Christmas holidays are entrenched in all three. The downside is the combination can take a toll on the waistline. And this leads many people to make New Year's resolutions of healthier and more physically active habits.I'd recommend starting early on your path to a better you. And as you jump on the bike, go to the gym or choose a better diet plan, health and fitness companies Peloton (NASDAQ:PTON), Planet Fitness (NYSE:PLNT) and WW International (NASDAQ:WW) are there to help you succeed. And as I'll show below, the price charts of PTON, PLNT and WW are looking healthy for buying into big-time profits in the portfolio.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Fitness Stocks to Buy : Peloton (PTON)Peloton is the first of our health and fitness stocks to buy. PTON stock has its share of skeptics like InvestorPlace's Dana Blankenhorn. Yet the indoor cycling startup and recent IPO has put together a bullish two-month long cup-shaped base. And in the face of all the public criticism, that's worth paying attention too. Sure, there's no guarantees this is the next Apple (NASDAQ:AAPL) or Home Depot (NYSE:HD). But the fact is more often than not, great investments make their largest gains for investors early on as publicly traded companies. * 7 Silver and Gold Stocks to Buy That Offer Contrarian Upside PTON Stock Strategy: Buy PTON stock on a breakout of its cup base. I'd personally like to see a bit of technical digestion take place. Classically, that would look like a handle pattern to complete the cup prior to a breakout. Either way, waiting for a move through $28.08 to go long this health and fitness stock and using a 7%-8% stop-loss looks like a strong investment idea. Planet Fitness (PLNT)Planet Fitness is the next health and fitness stock to buy. A recent well-received earnings beat vaulted shares of the national fitness club chain into the right side of a monthly base. That's a step in the right direction. And there's more too.The pattern was PLNT stock's first significant correction since going public in 2015. The trimming of shareholder value also established a near picture-perfect decline of 32% into the 38% Fibonacci level. With an oversold stochastics crossover in hand, this combination looks great as a platform for new eventual highs in 2020 for Planet Fitness stock. * 10 Cheap Stocks to Buy Under $10 PLNT Stock Strategy: I'd recommend buying shares above $72.25. The entry is marginally above the 62% resistance level within the right side of this health and fitness stock's seven month base. I'd suggest a svelte 7.25% stop-loss beneath $67. More happily, peeling off risk on a challenge of PLNT stock's all-time high near $82 looks like a good step toward a longer-term profitable holding. WW International (WW)Formerly known as Weight Watchers, WW International is the last of our health and fitness stocks to buy. The weight management services company, backed by Oprah, is a mover and shaker as the weekly price chart of WW stock reveals. It also shows a platform for shares to jump higher in 2020.After a substantial ten-month corrective move, WW is now in the early stages of a new uptrend. Over the last couple months WW stock has quieted and put together a narrow, but still volatile base that's found support on top of two prior key earnings reactions. I've highlighted those events in yellow. With stochastics inside neutral territory, the opportunity for a breakout and profits for WW investors looks good.WW Stock Strategy: I'd advise buying a breakout in this health and fitness stock if shares can rally through $38.50. This entry is roughly 1% above the pattern high. The strategy also rests on WW stock maintaining technical support.To contain risk I'd suggest a blended 11% stop. This allows sufficient exposure within today's base while not playing this volatile stock too close to the vest. As a reward, if WW shares begin to climb, I'd allow a run toward a challenge of the 38% retracement level and decade mark from $50-$51 for taking initial profits.Investment accounts under Christopher Tyler's management do not currently own positions in securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Silver and Gold Stocks to Buy That Offer Contrarian Upside * 7 Earnings Reports to Watch Next Week * 5 Online Retail Stocks to Buy on the Dip The post 3 Health and Fitness Stocks to Buy appeared first on InvestorPlace.
Staying in shape isn't going out of style anytime soon for the selfie generation, Jim Cramer told viewers of his Mad Money program Wednesday night. Shares of Planet Fitness dropped 31% from their highs earlier this year as it fell out of favor and investors took issue with the company's 8.8% same-store sales growth in August when analyst were expecting 9%. Peloton had a rocky IPO in September, debuting at the wrong time and immediately breaking its IPO price.
HAMPTON, N.H., Nov. 12, 2019 /PRNewswire/ -- Planet Fitness, Inc. (PLNT) (together with its subsidiaries, the "Company") today announced that certain of its subsidiaries intend to complete a recapitalization transaction, which will include the issuance of a new series of securitized debt under their existing securitized financing facility. The Company had approximately $1.2 billion of outstanding debt under its existing securitized financing facility as of September 30, 2019. The Company intends to issue $550,000,000 Series 2019-1 Fixed Rate Senior Secured Notes, Class A-2 (the "Notes").
Bullish stock chart patterns will persist in the best growth stocks. They will keep offering big profit opportunities thanks to human emotions at play.
Planet Fitness (PLNT) has been focusing on strategic partnerships and international expansions. The company is set to open 35 Planet Fitness locations in Australia.
Planet Fitness Inc. stock jumped 8.2% in Friday trading after the fitness club chain reported sales that beat expectations, indicating that prior challenges have been resolved. Net income totaled $25.8 million, or 31 cents per share, up from $17.5 million, or 20 cents per share, last year. Adjusted EPS of 36 cents was in line with FactSet expectations. Revenue of $166.8 million was up from $136.7 million and ahead of the FactSet outlook for $162.0 million. Same-store sales growth of 7.9% beat the FactSet consensus for 7.2% growth. Planet Fitness expects full-year revenue to rise 19%, up from an 18% growth forecast previously. And adjusted EPS is expected to be $1.56. The FactSet consensus is for sales of $686.1 million, implying a 19.8% increase, and EPS of $1.57. Wedbush analysts say second-quarter results had suggested weakness in customer demand. "The company seems to have largely resolved these issues, replacing underperforming digital marketing with traditional advertising," analysts wrote. "Meanwhile the much anticipated Black Card price increase was pushed through in September, which should help stabilize the previously diminishing same-store sales contribution from pricing." Wedbush rates Planet Fitness stock neutral with a $69 price target. Planet Fitness shares are up 26.4% for the year to date while the S&P 500 index is up 23%.
Stocks dipped into the red early Friday, as global markets eased after a week of strong gains. Walt Disney, up sharply after a strong fiscal fourth-quarter report late Thursday, easily led the the Dow Jones today.
HAMPTON, N.H., Nov. 8, 2019 /PRNewswire/ -- Planet Fitness, Inc. (PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., today announced the Company's international expansion to Australia. Planet Fitness has signed an Area Development Agreement with Bravo Fit Holdings Pty Ltd. ("Bravo"), which will bring a minimum of 35 Planet Fitness locations to Australia over the next several years. Bravo is a joint venture among U.S. franchisees, Bravo Fit, LLC and PF Growth Partners, LLC and leading Australian fitness operator, Dallas Rosekelly's Galactic Fitness Pty. The Company has more than 14.1 million members with clubs located in all 50 states, the District of Columbia, Puerto Rico, Canada, the Dominican Republic, Panama, and Mexico.
Question... My thoughts on recent (not to mention nearly daily) all-time highs for our broader equity markets. Show me the money, Sarge. This program intelligently targets T-Bills (the short end of the curve), while allowing Notes and Bonds (the long end) to dangle in the breeze (free market pricing).
Planet Fitness (PLNT) delivered earnings and revenue surprises of 2.86% and 2.66%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Planet Fitness earnings topped views late Thursday days after Peloton disappointed with its first report following its IPO. Planet Fitness stock rose.
HAMPTON, N.H., Nov. 7, 2019 /PRNewswire/ -- Planet Fitness, Inc. (PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., today announced that Jeremy Tucker has been appointed Chief Marketing Officer. Starting November 20, Tucker will be responsible for overseeing the Company's national and local marketing, branding, creative development and media, digital and social media, brand partnerships and sponsorships, communications, and corporate social responsibility.
System-Wide Same Store Sales Increased 7.9% 41 New Planet Fitness Stores Opened Raises Full Year Outlook HAMPTON, N.H. , Nov. 7, 2019 /PRNewswire/ -- Today, Planet Fitness, Inc. (NYSE: PLNT) reported financial ...
Planet Fitness' (PLNT) Q3 performance is likely to have gained from higher demand, increase in net member and higher average royalty rate.
In addition to full access to club services such as free small group fitness training taught anytime by PE@PF certified trainers, veterans and active military personnel are invited to bring a workout buddy with them at no additional charge and relax after they work out with free HydroMassage and chair massages. HydroMassage provides a convenient way to enjoy the relaxing benefits of a massage, typically enjoyed either pre-workout to loosen tight muscles or post-workout as a cool-down.
Planet Fitness (PLNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...