Planet Fitness Called the 'Walmart of Gyms' by Jefferies; Shares Rise

Investopedia2024-12-18

Key Takeaways Jefferies analysts boosted their price target on Planet Fitness, calling the gym operator the "Walmart of Gyms," alluding to the chain's large size and low prices.The analysts made ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2492990723?lang=en_US&edition=fundamental","thumbnail":"https://www.investopedia.com/thmb/h2IJ09IgVXvLigLukUA5FpMhdXg=/5957x4308/filters:no_upscale():max_bytes(150000):strip_icc()/INV_PlanetFitness_GettyImages-1411040953-12b9bbe7b0644f908814b77c7a0c962d.jpg","is_english":true,"pubTime":"2024-12-18 03:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2492990723","market":"nz","top_or_hot":-1,"title":"Planet Fitness Called the 'Walmart of Gyms' by Jefferies; Shares Rise","media":"Investopedia","content":"<div>\n<p>Key Takeaways\nJefferies analysts boosted their price target on Planet Fitness, calling the gym operator the \"Walmart of Gyms,\" alluding to the chain's large size and low prices.The analysts made ...</p>\n\n<a href=\"https://www.investopedia.com/planet-fitness-called-the-walmart-of-gyms-by-jefferies-and-shares-rise-8762786\">Source Link</a>\n\n</div>\n","source":"investopedia_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Planet Fitness Called the 'Walmart of Gyms' by Jefferies; Shares Rise</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPlanet Fitness Called the 'Walmart of Gyms' by Jefferies; Shares Rise\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-18 03:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investopedia.com/planet-fitness-called-the-walmart-of-gyms-by-jefferies-and-shares-rise-8762786><strong>Investopedia</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Takeaways\nJefferies analysts boosted their price target on Planet Fitness, calling the gym operator the \"Walmart of Gyms,\" alluding to the chain's large size and low prices.The analysts made ...</p>\n\n<a href=\"https://www.investopedia.com/planet-fitness-called-the-walmart-of-gyms-by-jefferies-and-shares-rise-8762786\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WMT","symbol_name":"沃尔玛","start_time":0,"source_url":"https://www.investopedia.com/planet-fitness-called-the-walmart-of-gyms-by-jefferies-and-shares-rise-8762786","article_id":"2492990723","we_media_id":null,"thumbnails":["https://www.investopedia.com/thmb/h2IJ09IgVXvLigLukUA5FpMhdXg=/5957x4308/filters:no_upscale():max_bytes(150000):strip_icc()/INV_PlanetFitness_GettyImages-1411040953-12b9bbe7b0644f908814b77c7a0c962d.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492990723","pubTimestamp":1734464889,"columns":[],"sourceInfo":{"source_id":"investopedia_highlight","name":"Investopedia"},"weMediaInfo":null,"summary":"Jefferies analysts boosted their price target on Planet Fitness, calling the gym operator the \"Walmart of Gyms,\" alluding to the chain's large size and low prices.The analysts made Planet Fitness their Top Pick for 2025 in the fitness & wellness sector, and maintained a \"buy\" rating on the stock.Jefferies said Planet Fitness is benefiting from healthy living trends and from charging higher membership prices.Planet Fitness  shares advanced Tuesday after Jefferies research analysts called it the “Walmart of Gyms,” pointing to the fitness chain's large size and low prices as the company is seen benefiting from Americans seeking to be healthier and from raising its membership prices.Jefferies made Planet Fitness its Top Pick for 2025 in the fitness & wellness sector, and raised the firm's price target to $150 from $130. It maintained a “buy” rating on the stock.Analysts wrote in a note to clients Tuesday that “healthy living trends and shifts toward affordability drive membership tailwinds","collect":0,"end_time":0,"defaultTopTitle":"investopedia.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"WMT":"沃尔玛","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","PLNT":"Planet Fitness Inc","BK4216":"消闲设施","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","LU1923622614.USD":"Natixis Thematics Meta R/A USD","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD"},"translate_title":"Planet Fitness被Jefferies称为“健身房中的沃尔玛”；股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLNT":1,"WMT":1},"content_text":"Key Takeaways\nJefferies analysts boosted their price target on Planet Fitness, calling the gym operator the \"Walmart of Gyms,\" alluding to the chain's large size and low prices.The analysts made Planet Fitness their Top Pick for 2025 in the fitness & wellness sector, and maintained a \"buy\" rating on the stock.Jefferies said Planet Fitness is benefiting from healthy living trends and from charging higher membership prices.\n Planet Fitness (PLNT) shares advanced Tuesday after Jefferies research analysts called it the “Walmart of Gyms,” pointing to the fitness chain's large size and low prices as the company is seen benefiting from Americans seeking to be healthier and from raising its membership prices.\n\n\n Jefferies made Planet Fitness its Top Pick for 2025 in the fitness & wellness sector, and raised the firm's price target to $150 from $130. It maintained a “buy” rating on the stock.\n\n\n Analysts wrote in a note to clients Tuesday that “healthy living trends and shifts toward affordability drive membership tailwinds,” adding that Planet Fitness's recent price increases are boosting same-store sales.\n\n\n  'High Margins and Robust Cash Flow' Highlighted by Jefferies  \n The analysts said that the company’s franchise model “ensures high margins and robust cash flow,” as the company's internal rates of returns increase unit expansion by franchisees.\n\n\n They also pointed out that in their November meeting with new Chief Executive Officer Colleen Keating, who took over in June, they found her “laser-focused, increasing our confidence.” They added that Keating has “a well-articulated strategy to refine brand positioning, improve the member experience, put the customer at the center, and partner with franchisees.”\n\n\n Shares of Planet Fitness were up 2.1% at around $101 in recent trading Tuesday afternoon. The stock is up nearly 40% since the start of 2024, outpacing the S&P 500 over the period.\n\n\n \n\n\n\n\n\n \n TradingView\n\nDo you have a news tip for Investopedia reporters? Please email us at\ntips@investopedia.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492990723"}