Planet Fitness, Inc. Announces Second Quarter 2021 Results

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Cowen Positive on Planet Fitness (PLNT) Membership Trends

August 10, 2021 1:56 PM EDT

Cowen analyst Oliver Chen reiterated an Outperform rating and $85.00 price target on Planet Fitness (NYSE: PLNT) following results as membership trends improve.

The analyst commented, "We are encouraged by improving membership growth trends, gym usage, & broad based strength across regions as promotions and... More

Planet Fitness (PLNT) PT Lowered to $85 at DA Davidson, Buy on Weakness

August 10, 2021 8:41 AM EDT

DA Davidson analyst Linda Bolton Weiser lowered the price target on Planet Fitness (NYSE: PLNT) to $85.00 (from $93.00) while maintaining a Buy rating. The analyst is telling clients to buy on weakness.

The analyst commented, "PLNT reported 2Q21 sales above consensus, with a... More

Planet Fitness (PLNT) Member Additions Solid - Jefferies

August 10, 2021 7:55 AM EDT

Jefferies analyst Randal Konik reiterated a Buy rating and $100.00 price target on Planet Fitness (NYSE: PLNT) following results. The analyst said the membership recovery is all that matters at this point.

Konik commented, "Member count grew by 700K... More

Planet Fitness (PLNT) Misses Q2 EPS by 2c

August 9, 2021 4:31 PM EDT

Planet Fitness (NYSE: PLNT) reported Q2 EPS of $0.21, $0.02 worse than the analyst estimate of $0.23. Revenue for the quarter came in at $137.3 million versus the consensus estimate of $127.2 million.

GUIDANCE:

Planet Fitness sees FY2021 EPS of $0.65-$0.70, versus the consensus of... More