Planet Fitness (PLNT)

Planet Fitness (PLNT)

Postby winston » Tue Sep 26, 2017 8:03 pm

not vested

THIS 'GET SKINNY' STOCK IS SOARING

Today's chart highlights a rising fitness brand...

Regular readers know that Steve coined the term "bad-to-less-bad trading" several years ago. It involves buying assets that have gotten crushed and making massive profits as the situation returns to normal – or when things simply get "less bad." In July, we saw this idea at work in shares of weight-loss company Weight Watchers (WTW).

Today, we're seeing it again in another fitness stock... Planet Fitness (PLNT) is one of the largest franchisors and operators of fitness centers in the U.S. It has more than 10 million members and 1,403 stores.

Planet Fitness struggled this past year, with shares falling nearly 25% from their November highs to their April lows. But the company's finances are improving. Over the past two quarters, same-store sales jumped 11% and 9%, respectively, while revenues climbed 9% and 17%.

As you can see, PLNT shares have taken off. They're up 44% from their lows... and recently hit a fresh 52-week high. It's more proof that huge gains are possible when things get a little "less bad"...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Re: Planet Fitness (PLNT)

Postby winston » Wed Apr 25, 2018 7:59 pm

not vested

THIS STOCK IS RIDING AMERICA'S FITNESS BOOM

Today, we'll check in on a soaring fitness brand...

Back in September, we showed you a popular fitness company making a strong comeback. Its turnaround makes sense...

A recent study showed that for the first time, more than half of Americans are getting the recommended amount of exercise per week. And the U.S. fitness industry is growing, too... It topped a record $27 billion in 2016.

Today, we'll revisit the company riding this boom... We're talking about Planet Fitness (PLNT). It's one of the largest franchisors and operators of fitness centers in the U.S., with nearly 11 million members and more than 1,500 locations.

The big workout trend is good news for Planet Fitness... Last year, the company brought in 1.7 million new memberships, and its same store sales increased more than 10%.

As you can see, PLNT shares have taken off. They're up more than 150% over the past two years... and recently hit a fresh 52-week high. Keep an eye on this stock as more Americans hit the gym...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Re: Planet Fitness (PLNT)

Postby winston » Thu Aug 16, 2018 7:45 pm

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THIS COMPANY IS PROFITING FROM AMERICA'S FITNESS CRAZE

Today, we revisit a business that's capitalizing on America's quest for wellness...

The U.S. is making health a priority. Fewer people are smoking... Trans fats are officially banned... And today, more than 57 million Americans belong to a fitness club or gym – helping the fitness industry grow into a $28 billion market.

Unsurprisingly, one of the largest franchises in fitness is still finding room to expand...

We're talking about Planet Fitness (PLNT). With affordable memberships and more than 1,500 locations across the country, Planet Fitness makes it easier for the average American to get in a good workout.

This year, the company opened 44 new gyms in the second quarter alone... growing memberships by 16% to more than 12 million members. In the same quarter, sales jumped to more than $140 million, up 31% year over year.

As you can see, Planet Fitness' stock has soared. Over the past year, the stock has skyrocketed about 115%, recently hitting a new 52-week high.

As more Americans seek out a healthier lifestyle, this low-cost fitness club should keep raking in memberships...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Re: Planet Fitness (PLNT)

Postby winston » Fri Apr 12, 2019 8:16 am

not vested

A GROWING GYM CHAIN CONTINUES ITS STRONG UPTREND

Today's company profits as it helps Americans get healthier...

Lots of folks today are choosing healthy lifestyles. Cigarette smoking rates are at a record low... Organic foods are spreading... And the U.S. health and fitness industry is worth $30 billion.

And when Americans look for a low-cost, low-stress way to get more exercise, many are joining one company's gyms...

Planet Fitness (PLNT) boasts about its "Judgment Free Zone," where you don't have to be buff to feel like you belong. Combine that with its starting rate of just $10 per month, and it's no wonder this gym chain has won over more than 12.5 million members.

And it's expanding its reach... Planet Fitness raked in $573 million in sales last year – a 33% gain – thanks to 230 new locations and double-digit same-store growth.

As today's chart shows, PLNT shares have nearly doubled over the past year, recently hitting a new all-time high. As Americans continue to build muscle and burn calories, Planet Fitness should enjoy a glowing reputation – and financial success...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Re: Planet Fitness (PLNT)

Postby winston » Wed Feb 05, 2020 8:52 pm

not vested

A SELL-OFF, A RECOVERY – AND QUICK-DOUBLE-DIGIT GAINS

Today's company highlights our "bad to less bad" trading strategy...

As regular readers know, the market can overreact to bad news about a great company... and solid stocks can sell off in a hurry. But they can turn around just as quickly, which is when savvy investors can win big.

Today's chart shows what happens when the market makes a mistake – and later, when it figures that out...

Planet Fitness (PLNT) is a fast-growing gym chain. Low membership rates and a welcoming vibe extend the appeal beyond hardcore fitness buffs. But last summer, many big index funds had to sell their shares when PLNT outgrew the small-cap Russell 2000 Index.

Sales growth also fell just shy of Wall Street's estimates. Shares sold off... and jumped back up after Planet Fitness went back to beating expectations in the next quarter, with sales rising 22% to $167 million.

As you can see, PLNT shares have recovered from their October lows, soaring 50% and hitting new all-time highs. When a great company sells off, things are often going to get "less bad"...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Posts: 118522
Joined: Wed May 07, 2008 9:28 am


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