Q2 EPS Estimates for Planet Fitness Lowered by William Blair

Planet Fitness, Inc. (NYSE:PLNT) – Investment analysts at William Blair dropped their Q2 2025 earnings per share estimates for Planet Fitness in a report issued on Tuesday, February 25th. William Blair analyst S. Zackfia now anticipates that the company will post earnings of $0.72 per share for the quarter, down from their prior 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.

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

Several other equities analysts also recently commented on PLNT. Piper Sandler upped their price target on shares of Planet Fitness from $115.00 to $123.00 and gave the company an “overweight” rating in a research note on Monday, January 6th. DA Davidson restated a “neutral” rating and set a $87.00 target price on shares of Planet Fitness in a research note on Tuesday, January 21st. Stifel Nicolaus lifted their price target on Planet Fitness from $85.00 to $90.00 and gave the company a “hold” rating in a research note on Friday, January 17th. Royal Bank of Canada restated an “outperform” rating and set a $120.00 price objective on shares of Planet Fitness in a research report on Monday. Finally, Roth Mkm reiterated a “buy” rating and issued a $115.00 target price (up previously from $110.00) on shares of Planet Fitness in a research report on Wednesday. Five analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Planet Fitness currently has an average rating of “Moderate Buy” and an average price target of $99.38.

Planet Fitness Stock Performance

Planet Fitness stock opened at $90.52 on Thursday. The stock has a market capitalization of $7.66 billion, a P/E ratio of 48.67, a PEG ratio of 2.45 and a beta of 1.53. Planet Fitness has a 52 week low of $54.35 and a 52 week high of $110.00. The stock has a 50-day simple moving average of $102.44 and a 200 day simple moving average of $92.24.

Hedge Funds Weigh In On Planet Fitness

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Planet Fitness by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 8,035,765 shares of the company’s stock valued at $794,496,000 after buying an additional 39,928 shares during the period. T. Rowe Price Investment Management Inc. raised its stake in Planet Fitness by 48.1% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 7,911,081 shares of the company’s stock valued at $782,169,000 after acquiring an additional 2,570,826 shares during the period. JPMorgan Chase & Co. lifted its holdings in Planet Fitness by 1.0% during the fourth quarter. JPMorgan Chase & Co. now owns 3,609,196 shares of the company’s stock valued at $356,841,000 after purchasing an additional 36,803 shares during the last quarter. State Street Corp lifted its holdings in Planet Fitness by 1.5% during the third quarter. State Street Corp now owns 2,524,764 shares of the company’s stock valued at $205,061,000 after purchasing an additional 37,236 shares during the last quarter. Finally, Anomaly Capital Management LP increased its stake in shares of Planet Fitness by 20.3% in the fourth quarter. Anomaly Capital Management LP now owns 1,772,593 shares of the company’s stock worth $175,256,000 after purchasing an additional 299,148 shares in the last quarter. 95.53% of the stock is owned by institutional investors.

Planet Fitness Company Profile

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.