3 Facts About Planet Fitness You Must Know Before Buying the Stock
Planet Fitness (PLNT -1.72%) made investors happy when it reported better-than-expected financial results for the three-month period that ended Sept. 30. Shares have soared 27% since the start of November, following positive momentum for the overall market.
PLNT Stock Jumps 65% in 6 Months: Should You Buy the Surge or Wait?
Planet Fitness' shares rise in the trailing six months, backed by its strategic business model and expansion efforts.
1 Unstoppable Stock That's Up 55% in 1 Year. Is It a No-Brainer Buying Opportunity?
The stock market has been on a tear, thanks to a resilient macro backdrop. The prospects of lower interest rates and stronger economic growth might be adding to the tailwinds.
Is Planet Fitness (PLNT) Outperforming Other Consumer Discretionary Stocks This Year?
Here is how Planet Fitness (PLNT) and Walt Disney (DIS) have performed compared to their sector so far this year.
Planet Fitness (PLNT) Upgraded to Buy: What Does It Mean for the Stock?
Planet Fitness (PLNT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Planet Fitness loses 11th hour bid to acquire bankrupt Blink
Planet Fitness lost a bid in bankruptcy court to acquire Blink Holdings. U.K.-based private gym chain PureGym won its bid to acquire Blink and its assets, including 60 of its gyms in New York and New Jersey.
Planet Fitness Q3 Earnings & Revenues Beat, '24 View Raised
PLNT's third-quarter 2024 results are aided by new club openings and higher royalty revenues.
Why Planet Fitness Stock Jumped to an All-Time High Today
Sales are growing faster than expected, putting to rest the concerns of some investors.
Planet Fitness: Powering To New Highs
Planet Fitness, Inc. has shown strong growth with Q3 revenues up 5.3% and adjusted EBITDA rising to $123.1 million, despite slower equipment sales. The company's franchise and subscription model remains robust, with 21 new stores opened in Q3, emphasizing the need for international expansion. Concerns about debt persist, with net debt-to-adjusted EBITDA leverage at 4.5X, but the company's increased guidance has triggered a stock rally.
Compared to Estimates, Planet Fitness (PLNT) Q3 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Planet Fitness (PLNT) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Planet Fitness, Inc. (PLNT) Q3 2024 Earnings Call Transcript
Planet Fitness, Inc. (NYSE:PLNT ) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Stacey Caravella – Vice President-Investor Relations Colleen Keating – Chief Executive Officer Jay Stasz – New Chief Financial Officer Tom Fitzgerald – Chief Financial Officer Conference Call Participants Simeon Siegel – BMO Capital Markets Sharon Zackfia – William Blair Jonathan Komp – Baird Rahul Krotthapalli – JPMorgan Megan Clapp – Morgan Stanley John Heinbockel – Guggenheim Partners Joe Altobello – Raymond James Max Rakhlenko – TD Cowen Randy Konik – Jefferies Operator Thank you for standing by. My name is Kayla, and I will be your conference operator today.
Planet Fitness's stock rises premarket as it beats profit and revenue estimates
Gym chain boosts its outlook for 2024 revenue growth.
