Planet Fitness, Inc. (PLNT) Worth a Look: Stock Adds 9.07% in Session
Planet Fitness, Inc. (NYSE:PLNT) was a big mover last session, as the company saw its shares rise over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $22.66 –$23.47 in the past one-month time frame, witnessed a sharp increase yesterday.
The move came after the company posted better-than-expected results.
The company has seen no estimate revisions over the past one month, and the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Planet Fitness currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Planet Fitness, Inc. Price and Consensus
A better-ranked stock in the Leisure and Recreation Services industry is Royal Caribbean Cruises Ltd. (NYSE:RCL) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is PLNT going up? Or down? Predict to see what others think: Up or Down
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
Royal Caribbean Cruises Ltd. (RCL): Free Stock Analysis Report
Planet Fitness, Inc. (PLNT): Free Stock Analysis Report
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