Better Times Ahead For Planet Fitness Inc (NYSE: PLNT)?

Planet Fitness Inc (PLNT) concluded trading on Thursday at a closing price of $97.08, with 5.48 million shares of worth about $532.12 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 23.03% during that period and on May 08, 2025 the price saw a loss of about -4.57%. Currently the company’s common shares owned by public are about 84.32M shares, out of which, 83.59M shares are available for trading.

Stock saw a price change of 2.44% in past 5 days and over the past one month there was a price change of 7.18%. Year-to-date (YTD), PLNT shares are showing a performance of -1.81% which increased to 60.12% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $59.16 but also hit the highest price of $110.00 during that period. The average intraday trading volume for Planet Fitness Inc shares is 1.55 million. The stock is currently trading 0.68% above its 20-day simple moving average (SMA20), while that difference is up 0.86% for SMA50 and it goes to 5.73% higher than SMA200.

Planet Fitness Inc (NYSE: PLNT) currently have 84.32M outstanding shares and institutions hold larger chunk of about 111.44% of that.

The stock has a current market capitalization of $8.19B and its 3Y-monthly beta is at 1.33. PE ratio of stock for trailing 12 months is 48.39, while it has posted earnings per share of $2.01 in the same period. Its PEG reads 3.20 and has Quick Ratio of 2.06. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PLNT, volatility over the week remained 4.26% while standing at 3.73% over the month.

Stock’s fiscal year EPS is expected to rise by 13.06% while it is estimated to increase by 16.67% in next year. EPS is likely to grow at an annualized rate of 15.10% for next 5-years, compared to annual growth of 7.33% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Canaccord Genuity on March 13, 2025 offering a Buy rating for the stock and assigned a target price of $120 to it. Coverage by Macquarie stated Planet Fitness Inc (PLNT) stock as a Neutral in their note to investors on November 08, 2024, suggesting a price target of $99 for the stock. On September 27, 2024, Deutsche Bank Initiated their recommendations, while on September 05, 2024, Exane BNP Paribas Upgrade their ratings for the stock with a price target of $97. Stock get a Buy rating from TD Cowen on June 24, 2024.

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