William Blair Expects Stronger Earnings for Planet Fitness

Planet Fitness, Inc. (NYSE:PLNT) – Stock analysts at William Blair lifted their Q3 2025 EPS estimates for Planet Fitness in a report released on Wednesday, August 6th. William Blair analyst S. Zackfia now forecasts that the company will post earnings per share of $0.80 for the quarter, up from their previous estimate of $0.78. The consensus estimate for Planet Fitness’ current full-year earnings is $2.51 per share.

Planet Fitness (NYSE:PLNT) last released its quarterly earnings results on Wednesday, August 6th. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.07. Planet Fitness had a net margin of 15.11% and a negative return on equity of 110.18%. The business had revenue of $340.88 million for the quarter, compared to the consensus estimate of $329.59 million. During the same period last year, the firm earned $0.71 earnings per share. The company’s quarterly revenue was up 13.3% on a year-over-year basis.

PLNT has been the subject of a number of other reports. Canaccord Genuity Group set a $126.00 price objective on shares of Planet Fitness and gave the stock a “buy” rating in a research note on Thursday, June 12th. Stifel Nicolaus set a $120.00 price objective on shares of Planet Fitness and gave the stock a “buy” rating in a research note on Thursday, May 22nd. Morgan Stanley increased their price objective on shares of Planet Fitness from $111.00 to $112.00 and gave the stock an “overweight” rating in a research note on Friday, May 9th. Macquarie reissued a “neutral” rating and issued a $95.00 price objective on shares of Planet Fitness in a research note on Tuesday, May 13th. Finally, Guggenheim reissued a “buy” rating and issued a $110.00 price objective on shares of Planet Fitness in a research note on Monday, May 12th. Three investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Planet Fitness has a consensus rating of “Moderate Buy” and an average target price of $107.38.

Planet Fitness Price Performance

Shares of NYSE PLNT opened at $105.94 on Monday. The firm has a fifty day moving average price of $107.74 and a 200-day moving average price of $101.87. The stock has a market cap of $8.92 billion, a PE ratio of 47.08, a price-to-earnings-growth ratio of 2.37 and a beta of 1.40. Planet Fitness has a 1 year low of $77.77 and a 1 year high of $114.47.

Hedge Funds Weigh In On Planet Fitness

Institutional investors and hedge funds have recently made changes to their positions in the business. Renaissance Technologies LLC purchased a new position in shares of Planet Fitness during the 4th quarter worth about $11,963,000. Freestone Grove Partners LP purchased a new position in shares of Planet Fitness during the 4th quarter worth about $25,676,000. Jump Financial LLC purchased a new position in shares of Planet Fitness during the 4th quarter worth about $965,000. KBC Group NV boosted its stake in shares of Planet Fitness by 13.7% during the 1st quarter. KBC Group NV now owns 3,503 shares of the company’s stock worth $338,000 after purchasing an additional 422 shares during the period. Finally, GAMMA Investing LLC boosted its stake in shares of Planet Fitness by 7.4% during the 1st quarter. GAMMA Investing LLC now owns 2,245 shares of the company’s stock worth $217,000 after purchasing an additional 155 shares during the period. 95.53% of the stock is owned by hedge funds and other institutional investors.

About Planet Fitness

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.