Jefferies Raises Price Target on Planet Fitness (PLNT) Following Solid 3Q
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Planet Fitness (PLNT) PT Raised to $26 at Imperial Capital
October 31, 2016 8:18 AM EDTImperial Capital analyst George Kelly reiterated an Outperform rating and raised his price target on Planet Fitness (NYSE: PLNT) to $26.00 (from $25.00) following Q3 results.
Kelly highlighted:
3Q16 results summary. On 10/26/16, Planet Fitness reported revenue and adjusted EBITDA of $87mn and $35mn,... More
Cowen Raises Price Target on Planet Fitness (PLNT) to $25 Following 3Q
October 27, 2016 7:40 AM EDTCowen reiterated an Outperform rating on Planet Fitness (NYSE: PLNT), and raised the price target to $25.00 (from $24.00), following the company's 3Q earnings report. PLNT reported overall system-wide comps of +10.0%, ahead of the Street at +7.3%. About 90% of the comp was driven by an increase in members.... More
Planet Fitness (PLNT): Special Dividend May Be On Its Way - Guggenheim
October 27, 2016 6:52 AM EDTGuggenheim analyst, John Heinbockel, reiterated his Buy rating on Planet Fitness (NYSE: PLNT) and raised his price target to $24 from $23 noting that PLNT is one of the few consumer companies capable of successfully navigating the challenging operating environment.
PLNT delivered another beat and raise... More
After-Hours Stock Movers 10/26: (OCN) (CAKE) (FFIV) Higher; (RWLK) (GRPN) (AKS) Lower (more...)
October 26, 2016 6:26 PM EDTToday's After-Hours Movers
Ocwen Financial (NYSE: OCN) 13% HIGHER; reported Q3 EPS of $0.08, $0.40 better than the analyst estimate of ($0.32). Revenue for the quarter came in at $359.45 million versus the consensus estimate of $353.08 million.
ReWalk Robotics Ltd. (Nasdaq: RWLK) 12.1% LOWER; announced that it intends to commence an underwritten public offering of units, which consist of ordinary shares of the Company and warrants to purchase ordinary shares. All of the units in the offering are to be sold by ReWalk. Announced preliminary estimated revenues of... More
Planet Fitness (PLNT) Reports Q3 EPS of $0.16
October 26, 2016 4:22 PM EDTPlanet Fitness (NYSE: PLNT) reported Q3 EPS of $0.16, versus $0.04 reported last year. Revenue for the quarter came in at $87 million, versus $69 million reported last year.
GUIDANCE:
Planet Fitness sees FY2016 EPS of $0.66-$0.67. Planet Fitness sees FY2016 revenue of $373-378... More
Trading Radar for 10/26: Comcast (CMCSA), Tesla (TSLA), Western Digital (WDC), F5 Networks (FFIV) Report
October 25, 2016 3:16 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
Earnings:
A.O. Smith (NYSE: AOS) - consensus EPS $0.45
AGCO Corp. (Nasdaq: AGCO) - consensus EPS $0.36
AVX Corp. (NYSE: AVX) - consensus EPS $0.17
AllianceBernstein (NYSE: AB) - consensus EPS $0.43
Ally Financial (NYSE: ALLY) -... More