Zacks Research Predicts Lower Earnings for Planet Fitness

Planet Fitness, Inc. (NYSE:PLNT) – Equities research analysts at Zacks Research reduced their Q1 2025 earnings per share estimates for Planet Fitness in a report issued on Tuesday, March 18th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $0.62 per share for the quarter, down from their prior estimate 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 posted its quarterly earnings data on Tuesday, February 25th. The company reported $0.70 EPS for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $324.57 million. During the same quarter last year, the business posted $0.60 EPS. The firm’s quarterly revenue was up 19.4% compared to the same quarter last year.

Other equities analysts also recently issued reports about the company. Royal Bank of Canada restated an “outperform” rating and issued a $120.00 target price on shares of Planet Fitness in a research note on Monday, February 24th. Roth Mkm reiterated a “buy” rating and issued a $115.00 price target (up previously from $110.00) on shares of Planet Fitness in a research report on Wednesday, February 26th. DA Davidson reaffirmed a “neutral” rating and set a $87.00 target price on shares of Planet Fitness in a research note on Tuesday, January 21st. Guggenheim reiterated a “buy” rating and set a $105.00 price target on shares of Planet Fitness in a report on Thursday, February 27th. Finally, Stifel Nicolaus lowered their price objective on Planet Fitness from $90.00 to $82.00 and set a “hold” rating on the stock in a research report on Friday, February 28th. Five research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $100.17.

Planet Fitness Trading Down 0.4 %

NYSE PLNT opened at $100.25 on Thursday. Planet Fitness has a 52 week low of $57.16 and a 52 week high of $110.00. The stock has a market cap of $8.49 billion, a P/E ratio of 53.90, a PEG ratio of 2.45 and a beta of 1.54. The company’s fifty day simple moving average is $101.00 and its 200-day simple moving average is $93.84.

Institutional Trading of Planet Fitness

A number of institutional investors and hedge funds have recently bought and sold shares of PLNT. UMB Bank n.a. boosted its stake in shares of 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 purchasing an additional 157 shares during the last quarter. R Squared Ltd acquired a new stake in Planet Fitness in the 4th quarter valued at $39,000. CoreCap Advisors LLC raised its holdings in shares of Planet Fitness by 1,250.0% in the 4th quarter. CoreCap Advisors LLC now owns 486 shares of the company’s stock worth $48,000 after acquiring an additional 450 shares during the last quarter. Skandinaviska Enskilda Banken AB publ lifted its stake 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 valued at $53,000 after acquiring an additional 490 shares in the last quarter. Finally, Lazard Asset Management LLC purchased a new stake in shares of Planet Fitness in the fourth quarter valued at about $57,000. 95.53% of the stock is currently owned by institutional investors and hedge funds.

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.