William Blair Predicts Planet Fitness Q1 Earnings

Planet Fitness, Inc. (NYSE:PLNT) – Analysts at William Blair issued their Q1 2025 earnings per share (EPS) estimates for shares of Planet Fitness in a research report issued to clients and investors on Wednesday, February 12th. William Blair analyst S. Zackfia expects that the company will post earnings per share of $0.56 for the quarter. The consensus estimate for Planet Fitness’ current full-year earnings is $2.50 per share. William Blair also issued estimates for Planet Fitness’ Q2 2025 earnings at $0.76 EPS, Q3 2025 earnings at $0.71 EPS, FY2025 earnings at $2.95 EPS and FY2026 earnings at $3.61 EPS.

Other equities analysts have also issued reports about the company. Stifel Nicolaus lifted their price objective on Planet Fitness from $85.00 to $90.00 and gave the stock a “hold” rating in a research note on Friday, January 17th. Morgan Stanley boosted their price target on Planet Fitness from $84.00 to $89.00 and gave the company an “overweight” rating in a research note on Tuesday, October 29th. Royal Bank of Canada reiterated an “outperform” rating and set a $120.00 price objective on shares of Planet Fitness in a report on Wednesday, January 15th. Piper Sandler upped their price target on Planet Fitness from $115.00 to $123.00 and gave the stock an “overweight” rating in a research note on Monday, January 6th. Finally, Raymond James raised their price objective on shares of Planet Fitness from $92.00 to $110.00 and gave the company a “strong-buy” rating in a research note on Friday, November 8th. Five research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $97.69.

Planet Fitness Stock Performance

Shares of NYSE:PLNT opened at $103.97 on Friday. The firm has a market cap of $8.79 billion, a PE ratio of 55.90, a price-to-earnings-growth ratio of 2.68 and a beta of 1.53. The firm’s fifty day moving average is $102.86 and its 200-day moving average is $90.69. Planet Fitness has a 52 week low of $54.35 and a 52 week high of $110.00.

Hedge Funds Weigh In On Planet Fitness

A number of large investors have recently made changes to their positions in PLNT. AQR Capital Management LLC purchased a new stake in Planet Fitness during the 2nd quarter worth about $207,000. Creative Planning lifted its holdings in shares of Planet Fitness by 2.1% in the third quarter. Creative Planning now owns 9,144 shares of the company’s stock worth $743,000 after buying an additional 192 shares in the last quarter. Walter Public Investments Inc. boosted its position in shares of Planet Fitness by 3.0% in the third quarter. Walter Public Investments Inc. now owns 162,709 shares of the company’s stock valued at $13,215,000 after acquiring an additional 4,784 shares during the period. V Square Quantitative Management LLC grew its stake in Planet Fitness by 69.8% during the third quarter. V Square Quantitative Management LLC now owns 489 shares of the company’s stock valued at $40,000 after acquiring an additional 201 shares in the last quarter. Finally, Accurate Wealth Management LLC increased its holdings in Planet Fitness by 25.5% during the 3rd quarter. Accurate Wealth Management LLC now owns 7,819 shares of the company’s stock worth $647,000 after acquiring an additional 1,591 shares during the period. 95.53% of the stock is owned by 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.