Planet Fitness: Overvalued For Tepid Growth [Seeking Alpha]
Planet Fitness, Inc. (PLNT)
Last planet fitness, inc. earnings: 2/25 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.planetfitness.com/investors/default.aspx
Company Research
Source: Seeking Alpha
Follow Play 10min Summary Shares of Planet Fitness have soared ~40% this year despite rather low growth prospects. The stock is heavily overvalued at ~20x forward adjusted EBITDA. One of the largest gym chains in the U.S. already, the company faces deep saturation and sharp competition from higher-end competitors. The company recently raised its basic membership prices by 50% to $15 per month, which may accelerate its members' shift to competitors. Joel Carillet/iStock Unreleased via Getty Images Amid sky-high stock markets, investors have to be continually careful to prune expensive stocks out of our portfolios, especially where growth prospects don't match up to their premium valuations. Planet Fitness ( NYSE: PLNT ) is a great example here. The largest publicly-traded This article was written by Gary Alexander 29.75K Follower s Follow With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as
Show less
Read more
Impact Snapshot
Event Time:
PLNT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PLNT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PLNT alerts
High impacting Planet Fitness, Inc. news events
Weekly update
A roundup of the hottest topics
PLNT
News
- Planet Fitness (PLNT) Is Up 0.47% in One Week: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Why Planet Fitness (PLNT) is a Top Growth Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Planet Fitness, Inc. (PLNT) Soars to 52-Week High, Time to Cash Out? [Yahoo! Finance]Yahoo! Finance
- Ocean State Job Lot taking over another Christmas Tree Shops store Ocean State Job lot announced this week it is taking another Christmas Tree Shops location, this one in North Attleboro. 2M ago [CBS News]CBS News
- Fresh Coat Painters' National Accounts Program Unlocks Lucrative Commercial Contracts for FranchiseesPR Web
PLNT
Earnings
- 11/7/24 - Beat
PLNT
Sec Filings
- 12/9/24 - Form 4
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- PLNT's page on the SEC website