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Jun 4

Q1 2026 EPS Estimates for Planet Fitness, Inc. Decreased by Analyst (NYSE:PLNT) – Defense World

Fitness Comments Off on Q1 2026 EPS Estimates for Planet Fitness, Inc. Decreased by Analyst (NYSE:PLNT) – Defense World

Planet Fitness, Inc. (NYSE:PLNT Free Report) Research analysts at Zacks Research cut their Q1 2026 EPS estimates for shares of Planet Fitness in a note issued to investors on Thursday, May 30th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $0.71 per share for the quarter, down from their prior forecast of $0.73. The consensus estimate for Planet Fitness current full-year earnings is $2.43 per share. Zacks Research also issued estimates for Planet Fitness FY2026 earnings at $3.26 EPS.

Other analysts have also issued research reports about the stock. StockNews.com upgraded shares of Planet Fitness from a sell rating to a hold rating in a research report on Wednesday, May 8th. JPMorgan Chase & Co. raised Planet Fitness from a neutral rating to an overweight rating and raised their price objective for the company from $68.00 to $78.00 in a report on Tuesday, May 14th. DA Davidson reaffirmed a neutral rating and issued a $62.00 target price on shares of Planet Fitness in a report on Thursday, May 9th. Robert W. Baird increased their target price on Planet Fitness from $80.00 to $88.00 and gave the company an outperform rating in a research report on Friday, May 10th. Finally, Royal Bank of Canada reduced their price target on Planet Fitness from $80.00 to $77.00 and set an outperform rating on the stock in a report on Friday, May 10th. Six equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the companys stock. According to data from MarketBeat, Planet Fitness presently has an average rating of Moderate Buy and a consensus price target of $71.86.

Shares of PLNT stock opened at $63.64 on Monday. The business has a fifty day simple moving average of $62.22 and a 200 day simple moving average of $65.97. The company has a market cap of $5.61 billion, a P/E ratio of 36.57, a P/E/G ratio of 2.14 and a beta of 1.37. Planet Fitness has a twelve month low of $44.13 and a twelve month high of $75.86.

Planet Fitness (NYSE:PLNT Get Free Report) last issued its earnings results on Thursday, May 9th. The company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.49 by $0.04. The company had revenue of $248.00 million during the quarter, compared to analysts expectations of $249.48 million. Planet Fitness had a net margin of 13.66% and a negative return on equity of 140.14%. The businesss revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.41 EPS.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of Planet Fitness by 1.2% in the first quarter. Vanguard Group Inc. now owns 8,174,617 shares of the companys stock valued at $511,976,000 after buying an additional 97,823 shares in the last quarter. Cadian Capital Management LP lifted its position in Planet Fitness by 9.6% in the 4th quarter. Cadian Capital Management LP now owns 4,430,368 shares of the companys stock valued at $323,417,000 after acquiring an additional 386,861 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Planet Fitness by 2.6% during the 1st quarter. Bank of New York Mellon Corp now owns 2,592,136 shares of the companys stock valued at $162,345,000 after purchasing an additional 66,139 shares during the last quarter. Dorsal Capital Management LP bought a new stake in Planet Fitness during the 4th quarter worth approximately $182,500,000. Finally, Price T Rowe Associates Inc. MD increased its holdings in Planet Fitness by 35.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,859,366 shares of the companys stock worth $116,453,000 after purchasing an additional 483,586 shares in the last quarter. Institutional investors own 95.53% of the companys stock.

(Get Free Report)

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.

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Q1 2026 EPS Estimates for Planet Fitness, Inc. Decreased by Analyst (NYSE:PLNT) - Defense World

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