With 0.91 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.44 million shares. During the session, the Leisure company that operates in wider Consumer Cyclical sector, reached to the highest price of $84.87 whereas the lowest price it dropped to was $83.72. The 52-week range on PLNT shows that it touched its highest point at $83.98 and its lowest point at $44.13 during that stretch. It currently has a 1-year price target of $88.88. Beta for the stock currently stands at 1.49.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PLNT was up-trending over the past week, with a rise of 2.14%, but this was up by 6.30% over a month. Three-month performance surged to 15.13% while six-month performance rose 47.72%. The stock gained 81.11% in the past year, while it has gained 15.16% so far this year. A look at the trailing 12-month EPS for PLNT yields 1.82 with Next year EPS estimates of 2.84. For the next quarter, that number is 0.57. This implies an EPS growth rate of 8.91% for this year and 16.39% for next year.
Float and Shares Shorts:
At present, 86.76 million PLNT shares are outstanding with a float of 84.15 million shares on hand for trading. On 2024-08-30, short shares totaled 5.07 million, which was 600.0 higher than short shares on 1722384000. In addition to Mr. William Bode as the firm’s Division President of U.S. Franchise, Ms. Jennifer Simmons serves as its Division President of Corporate Clubs.
Institutional Ownership:
Through their ownership of 1.16695 of PLNT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, PLNT reported revenue of $300941000.0 and operating income of $87379000.0. The EBITDA in the recently reported quarter was $133855000.0 and diluted EPS was $0.56.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PLNT since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.