|Bid||71.25 x 800|
|Ask||71.46 x 1800|
|Day's Range||70.06 - 71.86|
|52 Week Range||48.00 - 81.90|
|Beta (3Y Monthly)||0.56|
|PE Ratio (TTM)||54.17|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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.
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.
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.
Planet Fitness' (PLNT) Q3 performance is likely to have gained from higher demand, increase in net member and higher average royalty rate.
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...
Given the renewed sense of optimism, investors are looking for fresh investments to spruce up their portfolios. With this in mind, we used TipRanks’ Best Stocks to Buy tool to narrow down the 3 top stocks that represent the most compelling investments in the current economic climate. All of these stocks have the Street’s backing as each has received a recent ratings upgrade and earned a “Strong Buy” consensus, based on all of the ratings assigned to the stock over the last three months. Planet Fitness (PLNT)Despite some recent shakiness after management stated 2H19 comps will decelerate during its second quarter earnings conference call, one top analyst just gave the fitness chain a ratings boost.Imperial Capital’s George Kelly believes the “best in class fitness operator” is a growth stock based on its solid fundamentals. In the latest quarter, the company posted revenue of $181.7 million which represented a 29% year-over-year gain. Not to mention, the company boasts 14 million guests which utilize its fitness centers.That being said, more gains could be in store thanks to its new locations and higher pricing. With the company opening more centers this year than ever before and its introduction of more Black Card services as well as membership tiers, its long-term growth narrative appears strong.All of this lends itself to Kelly’s conclusion that PLNT “offers much value at its current pricing relative to competitors” which include Crunch and The Edge Fitness. This prompted the five-star analyst to upgrade the rating to a Buy and set a $72.50 price target, which puts the upside potential at 20%. (To watch Kelly’s track record, click here)The rest of the Street is even more bullish on PLNT. With 6 Buy ratings and 1 Hold received in the last three months, the stock is clearly a ‘Strong Buy’ among analysts. The upside potential also comes in at 36% based on its $82 average price target. (See Planet Fitness stock analysis on TipRanks) Varonis Systems (VRNS)Varonis Systems is a software company that provides data security and analytics solutions. The company, which is up 19% year-to-date, looks like a long-term winner according to several Wall Street analysts.While its shift from license based software to subscription based initially posed a cause for concern among some investors, the transition appears to be going much more smoothly than expected. At the beginning of the year, management guided subscription revenue landing at 10% of total license revenues. However, investors got a pleasant surprise as the company delivered subscription revenue which made up 31% of license revenue in its first quarter. Its next quarter saw a similar result with subscriptions contributing to 56% of the license revenue mix.“Subscription transition continues to happen faster than expected. We believe VRNS will report a quarter like their last two, a higher anticipated mix of subscription revenue and raised mix guidance,” Craig-Hallum analyst Chad Bennett explained. He now expects that subscriptions will account for between 65%-75% of total license revenue as VRNS exits 2019.On top of the success of its altered business model, data obtained by Craig-Hallum indicates demand for its new subscription model remains healthy. This makes sense as a subscription based model reduces customers’ upfront investment so buying multiple products is more attractive.Based on all of the above factors, Bennett upgraded the rating to a Buy and raised the price target from $70 to $75. The new price target conveys his confidence in VRNS’s ability to surge 22% over the next twelve months. (To watch Bennett’s track record, click here)Other Wall Street analysts take a similar approach when it comes to this software stock. VRNS boasts a ‘Strong Buy’ Street consensus, with its $81 average price target implying 33% upside potential. (See Varonis Systems stock analysis on TipRanks) TFI International (TFIFF)It’s no question that the name behind Canada’s largest trucking fleet has taken a hit as a result of deterioration within the industry as a whole. Nonetheless, TFIFF share price could be on the road to recovery as the worst might be behind for the trucking space.As truck-load freight rates start to stabilize, it could be a sign that contract rates will soon rebound as well. It should also be noted that while truck supply has increased, truck tonnage remains positive in 2019 and spot rates are still healthy.While the industry still has a ways to go, TFIFF could see further truck-load margin improvement as it shifts focus towards revenue and operating expenses. In its U.S. Last Mile segment, management has also made a significant effort to improve revenue quality as well as efficiency.BMO Capital five-star analyst Fadi Chamoun tells clients that its focus on revenue as well as its recent acquisitions including Aulick Leasing Corporation and ShirAul, LLC warranted bumping up the rating from a Hold to a Buy. “We expect Q3/19 results will prove to be resilient despite a softer freight market. This is supported by M&A and self-help opportunities in the U.S. TL and last-mile segments,” he commented.As a result, Chamoun raised the price target from CA$45 to CA$47 in addition to lifting the rating. This price target suggests shares could gain 12% over the next twelve months. (To watch Chamoun’s track record, click here)With only Buy ratings assigned in the last three months, the word on the Street is that TFIFF is a ‘Strong Buy’. Its $41 average price target indicates 28% upside potential.
You probably know from experience that there is not as much information on small-cap companies as there is on large companies. Of course, this makes it really hard and difficult for individual investors to make proper and accurate analysis of certain small-cap companies. However, well-known and successful hedge fund managers like Jeff Ubben, George Soros […]
Trump administration's policy change on travel to Cuba, Hurricane Dorian, the recent increase in fuel prices due to geopolitical events are likely to impact the Carnival's (CCL) near-term results.
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.