|Bid||65.34 x 1200|
|Ask||0.00 x 900|
|Day's Range||66.46 - 67.74|
|52 Week Range||35.92 - 68.46|
|Beta (3Y Monthly)||0.74|
|PE Ratio (TTM)||66.77|
|Earnings Date||Aug 9, 2017 - Aug 14, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||66.33|
Are you looking to blend science and fitness? There will soon be an app for that."The Stoked Method" continues to captivate those looking to build strength and endurance without putting unnecessary strain on the body. It's even been used by celebrities like Candace Cameron Bure and Ashley Graham. Celebrity fitness expert Kira Stokes gives the latest.
AB Small Cap Growth Co-manager Samantha Lau uses her own rules and a very disciplined approach to selecting stocks. That’s paid off nicely for the fund’s investors.
Inc. is expanding by going lean, pulling in customers with a $10-a-month membership fee and a no-frills atmosphere. As other gyms add juice bars and workout classes to emulate high-end boutique studios, the company is winning over newcomers with a simple selection of machines, free pizza nights and television commercials that poke fun at gym buffs. Planet Fitness’s revenue has increased more than 30% over the past year and its valuation has nearly quadrupled to about $6.2 billion since it went public in 2015.
CEO of Planet Fitness Inc (NYSE:PLNT) Christopher Rondeau sold 348,810 shares of PLNT on 03/13/2019 at an average price of $66.29 a share.
CEO of Planet Fitness Inc (NYSE:PLNT) Christopher Rondeau sold 200,000 shares of PLNT on 03/12/2019 at an average price of $65.86 a share.
Vail Resorts (MTN) banks on mergers and extensive marketing to drive top-line growth. Meanwhile, increased operating expenses hurt the company's profits.
HAMPTON, N.H., March 11, 2019 /PRNewswire/ -- Planet Fitness, Inc. (PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., announced today that the Company will participate in the 2019 JP Morgan Gaming, Lodging, Restaurant & Leisure Forum at the Wynn Las Vegas. Founded in 1992 in Dover, NH, Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the United States by number of members and locations. As of December 31, 2018, Planet Fitness had more than 12.5 million members and 1,742 stores in 50 states, the District of Columbia, Puerto Rico, Canada, the Dominican Republic, Panama and Mexico.
The fitness industry is following "two parallel stories," according to CNBC's Jim Cramer. The "image-obsessed culture" of selfies has benefited the entire fitness sector, as people feel "a lot of pressure" to look their best, Cramer said during his daily "Mad Money" show Friday. To take advantage of this trend, consumers are attracted to the Planet Fitness "no judgment" promise, the CNBC host said.
Cisco stock and Planet Fitness stock lead five top stocks showing relative strength amid the market pullback.
The department store chain is broadening its search for good tenants to take over excess space at dozens -- or even hundreds -- of its stores.
"I think you've got two parallel stories: Planet Fitness is an extremely well-run company with a fabulous brand and they know exactly what they're doing, while the new WW seems dazed and confused," CNBC's Jim Cramer says. The Weight Watchers brand may have been kind of problematic, as the kids say, but at least you knew what Weight Watchers was for," the "Mad Money" host says. "The thing that sticks with me here is that Planet Fitness seems to have a better sense of its own identity.
CEO of Planet Fitness Inc (NYSE:PLNT) Christopher Rondeau sold 80,000 shares of PLNT on 03/05/2019 at an average price of $63.18 a share.
The Dow Jones Industrial Average fared a bit better than the Nasdaq amid a broad decline. Some leaders in the IBD 50 kept a bullish tone.
A short list of consumer stocks is uniquely positioned to outperform the market as consumer spending, which accounts for two-thirds of economic activity, remains strong. Even as the economy slows, sales in 2019 should grow of 4%, excluding gasoline and autos, while e-commerce sales could rise 15% for the 10th straight year, according to Kiplinger.
The mall is dying. So, perhaps, is the strip mall. At least that's how I read the decision by Kohl's (NYSE:KSS), the discount department store chain that built its stores in out-parcels and strip malls, is going to sublease space in 10 of those stores. KSS stock closed down 1.84% yesterday.Source: Shutterstock InvestorPlace - Stock Market News, Stock Advice & Trading TipsNews of the sublets to exercise chain Planet Fitness (NASDAQ:PLNT) came as CEO Michelle Gass, one of the smartest retailers working today, announced non-GAAP net income of $366 million, or $2.24 per share fully diluted, on revenue of $6.82 billion for the quarter ending in February, blowing past estimates of 72 cents per share.Meanwhile, Abercrombie & Fitch (NYSE:ANF) yesterday announced quarterly profits that came up short of last year's results, non-GAAP earnings of $1.35 per share against $1.38 per share a year ago.Strangely, this was also heralded as good news. Retail's Death SpiralRetailing was a leisure activity in the 20th century. Not so in the 21st. Getting what we need is work. With most adult women now in the workforce, fewer consumers shop. We buy or we stay home. We're either going out with a list, or shopping online in stores that never close. * 9 Trade War Stocks to Sell on U.S.-China Deal News Outlets like Walmart (NYSE:WMT), Kroger (NYSE:KR), Costco Wholesale (NASDAQ:COST) and Target (NYSE:TGT) cover the list makers. Amazon.com (NASDAQ:AMZN) often covers the rest.So the good earnings news in 2019 is coming from stores like BJ's Wholesale Club (NYSE:BJ), a Costco competitor, which announced record earnings of $62.1 million, or 44 cents per share, on revenue of $3.4 billion for the quarter ending in February. Comparable store sales were up 2.8%, the company said.Dollar Tree (NASDAQ:DLTR), whose discount stores, often located next to mainstream retailers, offer super-low prices on accessory items and gifts, also beat estimates with same store sales up 3.2%, but reported a net loss of $2.31 billion, or $9.66 per share, after taking a $2.73 billion charge on the 2015 acquisition of Family Dollar. Save Me TimeThe common theme in all these announcements is a demand from consumers to save not just money, but time, too.Department stores like JC Penney (NYSE:JCP), with wide aisles filled by a variety of goods, inviting a long visit, are dying. The exception to mall mortality is Nordstrom (NYSE:JWN), which beat estimates on earnings through "appointment retailing," clerks who become stylists for their customers, with the right merchandise ready when they come in. But even Nordstrom reported a shortfall in sales.Retailers who save neither time nor money are closing-up shop.Gap (NYSE:GPS) announced March 1 it is shuttering many Gap stores and spinning out Old Navy, a low-price "buy" store, into a separate company. Investors sent the stock from $25 per share to nearly $30. Stock in L Brands (NYSE:LB) has fallen by more than two-thirds since 2016 as stores like Victoria's Secret and Bath & Body Works, which require time from shoppers, fade. Even Foot Locker (NYSE:FL), which reported strong results, is closing stores. Bottom Line on Retail StocksThe growth of strip malls, where people can drive right up to the entrance, as opposed to shopping malls with hundreds of retailers laid out along air-conditioned aisles, is part of an evolution from consuming as a lifestyle to consuming as a chore. * 7 Chinese Stocks to Buy for the 2019 Rebound Stores that adapt to this change, either by helping people combine trips as Kohl's wants to do, doing the thinking for them as Nordstrom does, consolidating them like BJ's does, or combining online ordering with pickup as Target does , can survive in the new environment.Those that can't, like JC Penney, Abercrombie & Fitch and L Brands, may not.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at firstname.lastname@example.org or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Blue-Chip Stocks That Will Lose You Money * 7 Cheap Stocks Under $5 That Could Soar * 7 Stocks Under $10 You Shouldn't Buy Compare Brokers The post The Death of Retail Stocks: Consumers Hoard Time and Money appeared first on InvestorPlace.
Shares of Kohl's (NYSE:KSS) soared on Tuesday after the department store retailer reported fourth quarter numbers which topped analyst expectations, and included a fiscal 2019 profit guide was came in well ahead of Street estimates. Investors celebrated the strong numbers and good guide, and they bid KSS stock up more than 5% in response.Source: Hailey Pollard via FlickrThis post-earnings pop continues what has been a multimonth rally for KSS stock. Since late 2018, Kohl's stock is up more than 20%. Against that backdrop, one could reasonably argue that the stock needs to take a breather here after coming so far, so fast.On the other hand, KSS stock is still more than 10% off its mid-2018 highs. Against that backdrop, one could reasonably argue that this rally has runway to continue for the foreseeable future.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhich backdrop should you pay attention to more? The former. Kohl's is a great and stable company. They have a unique value prop as an off-mall, off-price department store retailer with some interesting partnerships with Amazon (NASDAQ:AMZN), Under Armour (NYSE:UA, NYSE:UAA), and now Planet Fitness (NYSE:PLNT). But, it's also a slow-growth company with margins that are largely topped out. As such, profit growth over the next several years will be tepid.Tepid profit growth is priced into KSS stock here and now. Higher prices simply aren't warranted considering the company's low growth outlook. As such, the best way to look at Kohl's is as a low-growth, stable retail giant that has finally popped back to fair value. That isn't a great investment proposition. But, with a near 4% yield, it isn't an awful investment prop, either. Kohl's Is StableIn the big picture, Kohl's is no longer being victimized by the e-commerce revolution. Instead, the company has found its niche during this retail disruption process as an off-price, off-mall retailer with all-in-one product offering convenience. This niche has staying power and enduring value in today's retail landscape. * 9 Trade War Stocks to Sell on U.S.-China Deal News The numbers speak to this. Unlike other major retailers, Kohl's never went through a disastrous period of large and consistently negative comparable sales growth and/or huge margin compression. Instead, comps dipped into slightly negative territory for a while. Now, they are back into positive territory. Gross margins fell back some, but not a lot. Now, they are rebounding slowly.Going forward, top- and bottom-line growth will stable due to Kohl's enduring value prop in an omni-channel retail landscape. Growth will also be slightly positive thanks to certain unique growth initiatives, including partnerships with Amazon, Under Armour, and Planet Fitness, the sum of which will further differentiate the Kohl's value prop, increase customer reach and loyalty, and ultimately provide a tailwind for sales and margins.Thus, in the big picture, Kohl's is stable. Retail apocalypse fears are all gone. Sales deterioration fears are all gone. So are persistent margin compression fears. But, just because those fears are gone, that doesn't mean KSS stock is a good buy at current prices. But Low Growth Will Cap UpsideOn the positive side, Kohl's is stable. On the negative side, this stability is accompanied by exceptionally low growth prospects.The company isn't opening any new stores. In fact, the company's store base has shrunk slightly over the past several years. Meanwhile, comparable sales growth is running around 1-2%, and will likely cool as the lap gets tougher. Gross margins are moving higher, but only by 10 to 50 basis points year-over-year. The opex rate will normalize lower, but not by much with only 1%-2% comps.Overall, while Kohl's growth drivers are stable, they aren't particularly potent. Instead, even in combination, Kohl's growth drivers will only power mid single digit earnings growth over the next several years. As such, I see EPS shaking out around $8 by fiscal 2025.Based on a historically average 12x forward multiple, that equates to a fiscal 2024 price target for KSS stock of nearly $100. Discounted back by 6% per year (4 points lower than my normal 10% discount rate to account for the yield), that equates to a fiscal 2019 price target of just over $70. That's exactly where Kohl's stock trades today. Bottom Line on KSS StockThe best way to look at Kohl's stock is as follows: this is a retail giant that has carved out a niche for itself in the dynamic retail landscape, and has thereby secured itself stable growth going forward. But, that growth will be tepid, at best. Tepid growth is already priced in here, meaning further gains will be hard to come by. Dips from here should be bought. But, rallies above here should be faded.As of this writing, Luke Lango was long AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Blue-Chip Stocks That Will Lose You Money * 7 Cheap Stocks Under $5 That Could Soar * 7 Stocks Under $10 You Shouldn't Buy Compare Brokers The post After a Big Rally, Where Is Kohl's Stock Going Next? appeared first on InvestorPlace.