Planet Fitness

94.05

-1.5350-1.61%

Volume:448.44K

Turnover:42.09M

Market Cap:7.88B

PE:47.02

High:95.00

Open:95.00

Low:92.47

Close:95.58

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Positive Outlook for Planet Fitness: Strong Market Position and Growth Trajectory Justify Buy Rating

TIPRANKS

·

17 Apr

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In this article, we are going to take a look at where Planet Fitness, Inc. (NYSE:PLNT stands against other top stocks to watch as investors brace for recession.Despite some optimism in the market after President Donald Trump’s indication of possible talks with China, Wall Street analysts are warning about recession risks due to the impending impact of tariffs and an overall decline in consumer sentiment.Adam Parker, Trivariate Research CEO, said in a recent interview with CNBC that it’s “hard” to be bullish in this market because the impact of tariffs is yet to be reflected in companies’ earnings.“Planet Fitness, Inc. pioneered the “high value, low pric","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/cramer-spotlights-planet-fitness-plnt-210125258.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU0390134368.USD","LU0053671581.USD","BK4216","LU2095319765.USD","LU2125909593.SGD","LU2210150020.SGD","PLNT","LU2211815571.USD","LU2125909247.SGD","LU2210149790.SGD","LU1923622614.USD","LU0266013472.USD"],"gpt_icon":0},{"id":"2529986125","title":"PLANET FITNESS, INC. 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To access the replay, please call 1-800-770-2030  or 1-609-800-9909  and enter confirmation code 78497.Founded in 1992 in Dover, NH, Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness clubs in the world by number of members and locations. As of December 31, 2024, Planet Fitness had approximately 19.7 million members and 2,722 clubs in all 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, Australia and Spain. 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