FY2025 EPS Estimates for Planet Fitness Raised by Analyst

Planet Fitness, Inc. (NYSE:PLNT) – Research analysts at William Blair lifted their FY2025 EPS estimates for shares of Planet Fitness in a report released on Thursday, November 6th. William Blair analyst S. Zackfia now expects that the company will post earnings of $3.03 per share for the year, up from their prior forecast of $2.96. The consensus estimate for Planet Fitness’ current full-year earnings is $2.51 per share. William Blair also issued estimates for Planet Fitness’ Q4 2025 earnings at $0.78 EPS and FY2026 earnings at $3.45 EPS.

Planet Fitness (NYSE:PLNT) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.08. Planet Fitness had a negative return on equity of 126.58% and a net margin of 15.97%.The company had revenue of $330.35 million during the quarter, compared to the consensus estimate of $323.95 million. During the same period last year, the business posted $0.64 earnings per share. Planet Fitness’s revenue was up 13.0% on a year-over-year basis. Planet Fitness has set its FY 2025 guidance at 3.000-3.030 EPS.

Several other equities research analysts have also weighed in on the company. UBS Group started coverage on Planet Fitness in a report on Friday, October 17th. They issued a “buy” rating and a $125.00 price objective for the company. Weiss Ratings downgraded shares of Planet Fitness from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Stifel Nicolaus set a $125.00 price target on shares of Planet Fitness in a research report on Thursday, November 6th. JPMorgan Chase & Co. raised their price objective on shares of Planet Fitness from $108.00 to $110.00 and gave the stock an “overweight” rating in a report on Friday, November 7th. Finally, Morgan Stanley boosted their target price on shares of Planet Fitness from $112.00 to $119.00 and gave the company an “overweight” rating in a report on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Planet Fitness presently has a consensus rating of “Moderate Buy” and a consensus price target of $115.46.

Planet Fitness Stock Up 0.5%

PLNT opened at $105.76 on Monday. Planet Fitness has a twelve month low of $87.72 and a twelve month high of $114.47. The company’s 50-day moving average price is $98.75 and its two-hundred day moving average price is $102.95. The stock has a market cap of $8.91 billion, a price-to-earnings ratio of 43.17, a PEG ratio of 2.35 and a beta of 1.37.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in PLNT. Game Plan Financial Advisors LLC purchased a new stake in shares of Planet Fitness in the second quarter worth $25,000. Hantz Financial Services Inc. grew its position in Planet Fitness by 964.0% during the second quarter. Hantz Financial Services Inc. now owns 266 shares of the company’s stock worth $29,000 after buying an additional 241 shares in the last quarter. Brooklyn Investment Group increased its stake in Planet Fitness by 57.8% in the 1st quarter. Brooklyn Investment Group now owns 322 shares of the company’s stock worth $31,000 after acquiring an additional 118 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Planet Fitness by 184.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 330 shares of the company’s stock valued at $36,000 after acquiring an additional 214 shares in the last quarter. Finally, SJS Investment Consulting Inc. raised its holdings in shares of Planet Fitness by 6,950.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 423 shares of the company’s stock valued at $44,000 after acquiring an additional 417 shares in the last quarter. 95.53% of the stock is currently owned by hedge funds and other institutional investors.

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.