Planet Fitness Stock Shares Owned By Institutions
| PLNT Stock | USD 60.27 0.39 0.65% |
Planet Fitness fundamentals help investors to digest information that contributes to Planet Fitness' financial success or failures. It also enables traders to predict the movement of Planet Stock. The fundamental analysis module provides a way to measure Planet Fitness' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Planet Fitness stock.
Planet | Shares Owned By Institutions |
Planet Fitness Company Shares Owned By Institutions Analysis
Planet Fitness' Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
More About Shares Owned By Institutions | All Equity Analysis
Shares Held by Institutions | = | Funds and Banks | + | Firms |
Current Planet Fitness Shares Owned By Institutions | 99.69 % |
Most of Planet Fitness' fundamental indicators, such as Shares Owned By Institutions, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Planet Fitness is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Planet Shares Owned By Institutions Driver Correlations
Understanding the fundamental principles of building solid financial models for Planet Fitness is extremely important. It helps to project a fair market value of Planet Stock properly, considering its historical fundamentals such as Shares Owned By Institutions. Since Planet Fitness' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Planet Fitness' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Planet Fitness' interrelated accounts and indicators.
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Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
| Competition |
Based on the latest financial disclosure, 99% of Planet Fitness are shares owned by institutions. This is 65.82% higher than that of the Hotels, Restaurants & Leisure sector and 45.6% higher than that of the Consumer Discretionary industry. The shares owned by institutions for all United States stocks is 154.25% lower than that of the firm.
Planet Shares Owned By Institutions Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Planet Fitness' direct or indirect competition against its Shares Owned By Institutions to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Planet Fitness could also be used in its relative valuation, which is a method of valuing Planet Fitness by comparing valuation metrics of similar companies.Planet Fitness is currently under evaluation in shares owned by institutions category among related companies.
Planet Fitness Current Valuation Drivers
We derive many important indicators used in calculating different scores of Planet Fitness from analyzing Planet Fitness' financial statements. These drivers represent accounts that assess Planet Fitness' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Planet Fitness' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 6.2B | 6.2B | 7.5B | 6.6B | 6.0B | 3.7B | |
| Enterprise Value | 7.6B | 7.7B | 9.0B | 8.6B | 7.7B | 5.3B |
Planet Fundamentals
| Return On Asset | 0.0616 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 7.29 B | ||||
| Shares Outstanding | 87.1 M | ||||
| Shares Owned By Insiders | 0.31 % | ||||
| Shares Owned By Institutions | 99.69 % | ||||
| Number Of Shares Shorted | 6.31 M | ||||
| Price To Earning | 85.60 X | ||||
| Price To Sales | 5.04 X | ||||
| Revenue | 1.07 B | ||||
| Gross Profit | 482.07 M | ||||
| EBITDA | 422.28 M | ||||
| Net Income | 138.31 M | ||||
| Cash And Equivalents | 383.51 M | ||||
| Cash Per Share | 4.55 X | ||||
| Total Debt | 2.4 B | ||||
| Debt To Equity | (45.53) % | ||||
| Current Ratio | 1.99 X | ||||
| Book Value Per Share | (1.33) X | ||||
| Cash Flow From Operations | 330.25 M | ||||
| Short Ratio | 3.06 X | ||||
| Earnings Per Share | 1.62 X | ||||
| Price To Earnings To Growth | 1.69 X | ||||
| Target Price | 75.25 | ||||
| Number Of Employees | 3.8 K | ||||
| Beta | 1.38 | ||||
| Market Capitalization | 5.31 B | ||||
| Total Asset | 2.97 B | ||||
| Retained Earnings | (691.46 M) | ||||
| Working Capital | 220.49 M | ||||
| Current Asset | 72.94 M | ||||
| Current Liabilities | 66.25 M | ||||
| Net Asset | 2.97 B |
About Planet Fitness Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Planet Fitness's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Planet Fitness using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Planet Fitness based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Planet Fitness Investors Sentiment
The influence of Planet Fitness' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Planet. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Planet Fitness' public news can be used to forecast risks associated with an investment in Planet. The trend in average sentiment can be used to explain how an investor holding Planet can time the market purely based on public headlines and social activities around Planet Fitness. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Planet Fitness' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Planet Fitness' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Planet Fitness' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Planet Fitness.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Planet Fitness in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Planet Fitness' short interest history, or implied volatility extrapolated from Planet Fitness options trading.
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Check out Planet Fitness Piotroski F Score and Planet Fitness Altman Z Score analysis. For more information on how to buy Planet Stock please use our How to Invest in Planet Fitness guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Planet Stock analysis
When running Planet Fitness' price analysis, check to measure Planet Fitness' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Planet Fitness is operating at the current time. Most of Planet Fitness' value examination focuses on studying past and present price action to predict the probability of Planet Fitness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planet Fitness' price. Additionally, you may evaluate how the addition of Planet Fitness to your portfolios can decrease your overall portfolio volatility.
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Is Planet Fitness' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Planet Fitness. If investors know Planet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Planet Fitness listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.021 | Earnings Share 1.62 | Revenue Per Share 12.619 | Quarterly Revenue Growth 0.04 | Return On Assets 0.0616 |
The market value of Planet Fitness is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Fitness' value that differs from its market value or its book value, called intrinsic value, which is Planet Fitness' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Planet Fitness' market value can be influenced by many factors that don't directly affect Planet Fitness' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Planet Fitness' value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Fitness is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Fitness' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.