Q1 EPS Estimates for Planet Fitness Cut by Zacks Research

Planet Fitness, Inc. (NYSE:PLNT) – Zacks Research reduced their Q1 2025 earnings estimates for shares of Planet Fitness in a research report issued to clients and investors on Tuesday, March 18th. Zacks Research analyst R. Department now expects that the company will post earnings of $0.62 per share for the quarter, down from their previous forecast 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.

Planet Fitness (NYSE:PLNT) last released its quarterly earnings data on Tuesday, February 25th. The company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.08. Planet Fitness had a negative return on equity of 107.97% and a net margin of 14.23%. The firm 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 firm posted $0.60 earnings per share. The firm’s quarterly revenue was up 19.4% on a year-over-year basis.

PLNT has been the topic of several other reports. Guggenheim restated a “buy” rating and issued a $105.00 price objective on shares of Planet Fitness in a report on Thursday, February 27th. DA Davidson reissued a “neutral” rating and set a $87.00 price target on shares of Planet Fitness in a research report on Tuesday, January 21st. JPMorgan Chase & Co. upped their target price on shares of Planet Fitness from $90.00 to $100.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. Royal Bank of Canada restated an “outperform” rating and issued a $120.00 price target on shares of Planet Fitness in a research note on Monday, February 24th. Finally, Roth Mkm reiterated a “buy” rating and issued a $115.00 price objective (up from $110.00) on shares of Planet Fitness in a research note on Wednesday, February 26th. Five 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. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $100.17.

Planet Fitness Trading Down 0.0 %

Shares of NYSE:PLNT opened at $100.31 on Thursday. The company has a market capitalization of $8.49 billion, a price-to-earnings ratio of 53.93, a PEG ratio of 2.45 and a beta of 1.54. Planet Fitness has a 12-month low of $57.31 and a 12-month high of $110.00. The business has a 50-day moving average price of $100.97 and a 200 day moving average price of $93.97.

Institutional Investors Weigh In On Planet Fitness

Institutional investors and hedge funds have recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Planet Fitness during the fourth quarter worth approximately $265,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Planet Fitness by 8.5% during 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 in the last quarter. Tidal Investments LLC raised its holdings in Planet Fitness by 1.3% during the fourth quarter. Tidal Investments LLC now owns 29,340 shares of the company’s stock worth $2,901,000 after purchasing an additional 383 shares in the last quarter. State of Wyoming lifted its position in Planet Fitness by 177.9% in 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 period. Finally, Redwood Investment Management LLC purchased a new stake in Planet Fitness in the 4th quarter valued at approximately $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.