Zacks Research Expects Reduced Earnings for Planet Fitness

Planet Fitness, Inc. (NYSE:PLNT) – Stock analysts at Zacks Research reduced their Q1 2025 earnings estimates for Planet Fitness in a research note issued to investors on Tuesday, March 18th. Zacks Research analyst R. Department now expects that the company will earn $0.62 per share for the quarter, down from their prior estimate of $0.64. The consensus estimate for Planet Fitness’ current full-year earnings is $2.51 per share. Zacks Research also issued estimates for Planet Fitness’ Q3 2025 earnings at $0.73 EPS, Q4 2025 earnings at $0.75 EPS, FY2025 earnings at $2.88 EPS, Q1 2026 earnings at $0.70 EPS, Q2 2026 earnings at $0.90 EPS, Q3 2026 earnings at $0.81 EPS, Q4 2026 earnings at $0.93 EPS, FY2026 earnings at $3.33 EPS and FY2027 earnings at $3.68 EPS.

A number of other research analysts have also recently issued reports on PLNT. Macquarie reduced their price objective on Planet Fitness from $99.00 to $95.00 and set a “neutral” rating on the stock in a research note on Thursday, February 27th. DA Davidson reissued a “neutral” rating and set a $87.00 price objective on shares of Planet Fitness in a research note on Tuesday, January 21st. Roth Mkm reaffirmed a “buy” rating and issued a $115.00 target price (up from $110.00) on shares of Planet Fitness in a research note on Wednesday, February 26th. JPMorgan Chase & Co. raised their price target on shares of Planet Fitness from $90.00 to $100.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. Finally, Piper Sandler lifted their price objective on Planet Fitness from $115.00 to $123.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. Five investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Planet Fitness currently has a consensus rating of “Moderate Buy” and an average price target of $100.17.

Planet Fitness Trading Down 0.4 %

Shares of Planet Fitness stock opened at $100.25 on Thursday. The firm has a market capitalization of $8.49 billion, a PE ratio of 53.90, a price-to-earnings-growth ratio of 2.45 and a beta of 1.54. Planet Fitness has a 12 month low of $57.16 and a 12 month high of $110.00. The business’s 50-day moving average price is $101.00 and its 200-day moving average price is $93.84.

Planet Fitness (NYSE:PLNT) last posted its quarterly earnings data on Tuesday, February 25th. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.08. Planet Fitness had a net margin of 14.23% and a negative return on equity of 107.97%. The company had revenue of $340.50 million for the quarter, compared to analysts’ expectations of $324.57 million. During the same period in the prior year, the business earned $0.60 earnings per share. Planet Fitness’s revenue for the quarter was up 19.4% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC bought a new stake in Planet Fitness during the 4th quarter valued at approximately $265,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Planet Fitness by 8.5% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 290,457 shares of the company’s stock worth $28,717,000 after purchasing an additional 22,687 shares during the last quarter. Tidal Investments LLC lifted its position in Planet Fitness by 1.3% during the fourth quarter. Tidal Investments LLC now owns 29,340 shares of the company’s stock valued at $2,901,000 after purchasing an additional 383 shares during the last quarter. State of Wyoming lifted its position in Planet Fitness by 177.9% during the fourth quarter. State of Wyoming now owns 7,423 shares of the company’s stock valued at $734,000 after purchasing an additional 4,752 shares during the last quarter. Finally, Redwood Investment Management LLC purchased a new position in shares of Planet Fitness in the 4th quarter worth $1,427,000. 95.53% of the stock is 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.