William Blair Comments on Planet Fitness Q1 Earnings

Planet Fitness, Inc. (NYSE:PLNT) – William Blair issued their Q1 2025 EPS estimates for Planet Fitness in a report released on Wednesday, February 12th. William Blair analyst S. Zackfia anticipates that the company will post earnings per share of $0.56 for the quarter. The consensus estimate for Planet Fitness’ current full-year earnings is $2.50 per share. William Blair also issued estimates for Planet Fitness’ Q2 2025 earnings at $0.76 EPS, Q3 2025 earnings at $0.71 EPS, FY2025 earnings at $2.95 EPS and FY2026 earnings at $3.61 EPS.

A number of other research firms have also commented on PLNT. Macquarie reaffirmed a “neutral” rating and set a $99.00 target price (up previously from $91.00) on shares of Planet Fitness in a report on Friday, November 8th. Raymond James lifted their target price on shares of Planet Fitness from $92.00 to $110.00 and gave the stock a “strong-buy” rating in a report on Friday, November 8th. Robert W. Baird lifted their target price on shares of Planet Fitness from $92.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. DA Davidson reaffirmed a “neutral” rating and set a $87.00 target price on shares of Planet Fitness in a report on Tuesday, January 21st. Finally, JPMorgan Chase & Co. lifted their target price 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. Five analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $97.69.

Planet Fitness Price Performance

Shares of Planet Fitness stock opened at $101.07 on Friday. The firm has a market cap of $8.55 billion, a P/E ratio of 54.34, a P/E/G ratio of 2.68 and a beta of 1.53. The firm has a 50 day simple moving average of $102.88 and a 200 day simple moving average of $91.00. Planet Fitness has a fifty-two week low of $54.35 and a fifty-two week high of $110.00.

Institutional Investors Weigh In On Planet Fitness

Institutional investors have recently added to or reduced their stakes in the stock. UMB Bank n.a. lifted its position in Planet Fitness by 67.4% in the 4th quarter. UMB Bank n.a. now owns 390 shares of the company’s stock valued at $39,000 after acquiring an additional 157 shares in the last quarter. R Squared Ltd bought a new stake in Planet Fitness in the 4th quarter valued at $39,000. V Square Quantitative Management LLC lifted its position in Planet Fitness by 69.8% during the 3rd quarter. V Square Quantitative Management LLC now owns 489 shares of the company’s stock worth $40,000 after buying an additional 201 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in Planet Fitness during the 4th quarter worth about $51,000. Finally, Skandinaviska Enskilda Banken AB publ lifted its position in Planet Fitness by 1,139.5% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 533 shares of the company’s stock worth $53,000 after buying an additional 490 shares in the last quarter. 95.53% of the stock is owned by 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.