|Bid||52.00 x 1400|
|Ask||53.10 x 900|
|Day's Range||51.39 - 52.64|
|52 Week Range||23.49 - 53.41|
|PE Ratio (TTM)||99.64|
|Earnings Date||Aug 9, 2017 - Aug 14, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||54.58|
Inc. is the rare mall tenant expanding its share of commercial real estate even as many retailers shrink their physical footprint as more commerce moves online. “We’re glad there’s not a pill” that can replace exercising, said Dorvin Lively, chief financial officer of Planet Fitness. This year’s closing of children’s store chain Toys “R” Us has only contributed to a rising rate of vacancy in malls, which are at their emptiest since 2012.
Planet Fitness (PLNT) was a big mover last session, as the company saw its shares rise more than 6% on Friday amid huge volumes.
Small-cap stocks led the market higher at midday Tuesday, but a number of Chinese stocks came under assault.
Shares of Planet Fitness Inc. (plnt) dropped 4.5% in afternoon trade Monday to pull back sharply from the previous session's record close, after J.P. Morgan analyst John Ivankoe downgraded the fitness center operator, citing concerns over valuation. Ivankoe said that while "fundamentals remain strong," he doesn't believe current valuation supports expectations of earnings per share growth in the coming years.
New store openings, rapidly rising comps, and tax reform all helped to drive the gym chain's earnings sharply higher in the second quarter.
NEW YORK, NY / ACCESSWIRE / August 13, 2018 / Both Disney and Planet Fitness reported earnings results last week. Disney may not have beaten analysts' expectations, but traders were still excited about ...
Small cap stocks held up well Friday. But the rest of the stock market withered, weighed down by the Turkey crisis and a sell-off in shares of Intel.
Planet Fitness is the IBD Stock Of The Day after rocketing into buy zone on stellar earnings and accelerating growth.
Individual investors in the United States might wonder why they should care about Turkey's financial problems. Bank exposure is the reason world stock markets reacted.
Stocks were heavily lower amid geopolitical tensions centered on Turkey. IBD 50 stock Planet Fitness is breaking out past a rare entry.
Dow Jones futures fell on Turkey contagion fears and Intel. Tesla rose and fell on a report that its board will meet bankers next week. IBD 50 stocks Trade Desk and Planet Fitness soared on earnings. Recent IPO Dropbox plunged on weak sales.
Earnings news sent Trade Desk and Universal Display to strong early gains Friday, while weakness in chip stocks threatened to snap the Nasdaq's eight-day rally.
Planet Fitness (PLNT) delivered earnings and revenue surprises of 9.68% and 8.35%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
The Hampton, New Hampshire-based company said it had net income of 29 cents per share. Earnings, adjusted for non-recurring costs, were 34 cents per share. The results exceeded Wall Street expectations. ...
Total Revenue Increased 31.0% to $140.6 Million System-Wide Same Store Sales Increased 10.2% 44 New Planet Fitness Stores Opened HAMPTON, N.H. , Aug. 9, 2018 /PRNewswire/ -- Today, Planet Fitness, Inc. ...
After Pandora‘s (NYSE:P) second straight strong quarterly earnings report, more people on Wall Street are finally getting enthusiastic about Pandora stock. Last quarter, the company’s revenue from paid subscriptions soared 67% year-over-year, enabling its overall results to beat expectations. RBC Capital and Barrington Research both responded by upgrading Pandora stock, setting price targets on Pandora stock of $10 and $11, respectively.
HAMPTON, N.H., Aug. 1, 2018 /PRNewswire/ -- Planet Fitness, Inc. (PLNT) (together with its subsidiaries, the "Company") today announced that it has completed its previously announced refinancing transaction of certain of its subsidiaries with a new securitized financing facility, with the placement by its special purpose subsidiary (the "Master Issuer") of a new series of $1.275 billion of securitized notes (the "2018 Notes"). The 2018 Notes include $1.2 billion Class A-2 Senior Secured Notes (the "Senior Notes"), which consist of two tranches: the Class A-2-I Senior Secured Notes with an anticipated repayment date of four years, with a principal amount of $575 million and a fixed interest rate of 4.262% per annum, payable quarterly, and the Class A-2-II Senior Secured Notes with an anticipated repayment date of seven years, with a principal amount of $625 million and a fixed interest rate of 4.666% per annum, payable quarterly.
With its new private-equity backer, Taymax will expand its footprint and examine acquisition opportunities.
HAMPTON, N.H., July 31, 2018 /PRNewswire/ -- Planet Fitness, Inc. (PLNT) today announced that Roger Chacko has been appointed Chief Commercial Officer effective immediately. In this newly created position, Chacko will be responsible for overseeing the Company's demand generation functions such as marketing, branding, public relations and communications, sales and corporate partnerships, channel management, corporate strategy, analytics, and consumer research. Chacko has been with the Company since March 2018 on a consulting basis where he has served as interim Chief Marketing Officer.
The conventional wisdom might tell you that brick-and-mortar stores are collapsing, but there are plenty of chains that are ready to take over abandoned storefront even in today’s retail environment.
With a strong brand and low-cost memberships, Planet Fitness is printing money for shareholders. Could this growing franchise pump up your portfolio?