Planet Fitness Inc (NYSE: PLNT) has reported E.P.S. of $0.56 for its second fiscal quarter (ending June 30) versus $0.49 for the same period a year ago — an increase of 14%. However, this performance was $-0.10 short of the consensus estimate of $0.66. E.P.S. were $1.82 for the latest four quarters through June 30 versus $1.48 for the same period a year ago — an increase of 23%.
Recent Price Action
Planet Fitness Inc (NYSE: PLNT) stock closed at $76.40 on 8/6/24 after a very large increase of 6.1%. Moreover, trading volume in this advance was exceptionally high at 306% of normal. The stock has risen 2.9% during the last week and has performed in line with 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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