William Blair Forecasts Weaker Earnings for Planet Fitness

Planet Fitness, Inc. (NYSE:PLNT) – Analysts at William Blair cut their Q2 2025 earnings estimates for Planet Fitness in a research report issued to clients and investors on Tuesday, February 25th. William Blair analyst S. Zackfia now expects that the company will earn $0.72 per share for the quarter, down from their previous estimate of $0.76. The consensus estimate for Planet Fitness’ current full-year earnings is $2.51 per share. William Blair also issued estimates for Planet Fitness’ Q3 2025 earnings at $0.76 EPS, Q4 2025 earnings at $0.86 EPS and FY2026 earnings at $3.46 EPS.

A number of other research analysts have also weighed in on PLNT. Piper Sandler raised their price target on shares of Planet Fitness from $115.00 to $123.00 and gave the company an “overweight” rating in a research report on Monday, January 6th. Robert W. Baird increased their price objective on shares of Planet Fitness from $92.00 to $110.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Roth Mkm restated a “buy” rating and issued a $115.00 target price (up previously from $110.00) on shares of Planet Fitness in a research note on Wednesday. DA Davidson reaffirmed a “neutral” rating and set a $87.00 price target on shares of Planet Fitness in a research report on Tuesday, January 21st. Finally, Guggenheim reiterated a “buy” rating and set a $105.00 price target on shares of Planet Fitness in a report on Thursday. Five analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.47.

Planet Fitness Stock Up 1.0 %

PLNT stock opened at $91.56 on Thursday. The stock’s 50 day moving average is $102.28 and its 200-day moving average is $92.23. Planet Fitness has a twelve month low of $54.35 and a twelve month high of $110.00. The firm has a market capitalization of $7.75 billion, a PE ratio of 49.22, a P/E/G ratio of 2.45 and a beta of 1.53.

Planet Fitness (NYSE:PLNT) last announced its quarterly earnings results on Tuesday, February 25th. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.08. The business had revenue of $340.50 million for the quarter, compared to analysts’ expectations of $324.57 million. Planet Fitness had a net margin of 14.23% and a negative return on equity of 107.97%. The firm’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.60 EPS.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. T. Rowe Price Investment Management Inc. lifted its position in shares of Planet Fitness by 48.1% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 7,911,081 shares of the company’s stock worth $782,169,000 after acquiring an additional 2,570,826 shares in the last quarter. Ninety One UK Ltd purchased a new stake in Planet Fitness during the 4th quarter worth about $130,376,000. Norges Bank bought a new position in Planet Fitness in the 4th quarter worth about $100,009,000. FMR LLC boosted its stake in Planet Fitness by 666.9% in the 3rd quarter. FMR LLC now owns 795,485 shares of the company’s stock worth $64,609,000 after purchasing an additional 691,761 shares during the period. Finally, Nomura Holdings Inc. grew its holdings in Planet Fitness by 103.4% during the 4th quarter. Nomura Holdings Inc. now owns 11,170 shares of the company’s stock valued at $1,104,000 after buying an additional 340,370 shares in the last quarter. 95.53% of the stock is currently owned by hedge funds and other institutional investors.

About Planet Fitness

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.