For its third fiscal quarter (ending September 30), Planet Fitness Inc (NYSE: PLNT) has reported a 9% increase in E.P.S. from $0.46 a year ago to $0.50 in the current quarter. For the latest four quarters through September 30, E.P.S. were $1.86 versus $1.62 for the same period a year ago — an increase of 15%.
Recent Price Action
Planet Fitness Inc (NYSE: PLNT) stock closed at $94.17 on 11/7/24 after a major increase of 11.2%. Moreover, exceptionally high trading volume at 457% of normal accompanied the advance. The stock has risen 20.0% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, PLNT is expected to be a major Value Eraser.
Planet Fitness is currently unrated.
Rating Review
The stock is currently unrated.
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