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Planet Fitness’ Quiet Period Will Expire Soon. (NASDAQ:PLNT)
Planet Fitness’ Quiet Period Will Expire Soon. (NASDAQ:PLNT) Planet Fitness’ (NASDAQ:PLNT) quiet period is set to expire on Tuesday, September 15th. Planet Fitness had issued 13,500,000 shares in its IPO on August 6th, ARN reports. The total size of the offering was $216,000,000 based on an initial share price of $16.00. During the company’s quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
Several brokerages have recently commented on PLNT. Jefferies Group started coverage on Planet Fitness in a research report on Monday, August 31st. They set a “buy” rating for the company. Cowen and Company started coverage on Planet Fitness in a research report on Monday, August 31st. They set an “outperform” rating and a $21.00 price target for the company. Robert W. Baird started coverage on Planet Fitness in a research note on Monday, August 31st. They issued an “outperform” rating and a $22.00 price objective on the stock. Piper Jaffray started coverage on Planet Fitness in a research report on Monday, August 31st. They set an “overweight” rating and a $19.00 target price on the stock. Finally, Bank of America assumed coverage on Planet Fitness in a report on Monday, August 31st. They set a “buy” rating and a $19.00 price target on the stock. Nine research analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and an average target price of $20.00.
Shares of Planet Fitness (NASDAQ:PLNT) traded up 0.936% on Thursday, hitting $17.896. The stock had a trading volume of 7,159 shares. The firm has a 50 day moving average price of $17.49 and a 200 day moving average price of $17.49. Planet Fitness has a one year low of $13.65 and a one year high of $19.65. The company has a market capitalization of $654.94 million and a P/E ratio of 15.657.
Planet Fitness (NASDAQ:PLNT) last announced its quarterly earnings data on Wednesday, September 2nd. The company reported $0.13 EPS for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.01. The firm earned $79 million during the quarter. On average, equities research analysts predict that Planet Fitness will post $0.47 earnings per share for the current fiscal year.
Planet Fitness, Inc. is a holding company. The Company, through its subsidiary, Pla-Fit Holdings, LLC., is a franchisor and operator of fitness centers in the United States. It is engaged in licensing and selling franchises under the Planet Fitness trade name, owning and operating fitness centers under the Planet Fitness trade name and selling fitness-related equipment to franchisee-owned stores. It operates through three segments, including the Franchise segment, the Corporate-owned stores segment and the Equipment segment. Its stores include around 20,000 square feet of area and offer Planet Fitness-branded cardio, circuit- and weight-training equipment. It also offers PE@PF fitness instruction program. As of June 30, 2015 the Company owned 1,014 stores, including 58 corporate-owned stores and 956 franchisee-owned stores. It offers standard and PF Black Card memberships. It offers water massage beds, massage chairs and tanning equipment, among others to its PF Black Card members.

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Planet Fitness’ Quiet Period Will Expire Soon. (NASDAQ:PLNT) Planet Fitness’ (NASDAQ:PLNT) quiet period is set to expire on Tuesday, September 15th. Planet Fitness had issued 13,500,000 shares in its IPO on August 6th, ARN reports. The total size of the offering was $216,000,000 based on an initial share price of $16.00. During the company’s quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
Several brokerages have recently commented on PLNT. Jefferies Group started coverage on Planet Fitness in a research report on Monday, August 31st. They set a “buy” rating for the company. Cowen and Company started coverage on Planet Fitness in a research report on Monday, August 31st. They set an “outperform” rating and a $21.00 price target for the company. Robert W. Baird started coverage on Planet Fitness in a research note on Monday, August 31st. They issued an “outperform” rating and a $22.00 price objective on the stock. Piper Jaffray started coverage on Planet Fitness in a research report on Monday, August 31st. They set an “overweight” rating and a $19.00 target price on the stock. Finally, Bank of America assumed coverage on Planet Fitness in a report on Monday, August 31st. They set a “buy” rating and a $19.00 price target on the stock. Nine research analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and an average target price of $20.00.
Shares of Planet Fitness (NASDAQ:PLNT) traded up 0.936% on Thursday, hitting $17.896. The stock had a trading volume of 7,159 shares. The firm has a 50 day moving average price of $17.49 and a 200 day moving average price of $17.49. Planet Fitness has a one year low of $13.65 and a one year high of $19.65. The company has a market capitalization of $654.94 million and a P/E ratio of 15.657.
Planet Fitness (NASDAQ:PLNT) last announced its quarterly earnings data on Wednesday, September 2nd. The company reported $0.13 EPS for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.01. The firm earned $79 million during the quarter. On average, equities research analysts predict that Planet Fitness will post $0.47 earnings per share for the current fiscal year.
Planet Fitness, Inc. is a holding company. The Company, through its subsidiary, Pla-Fit Holdings, LLC., is a franchisor and operator of fitness centers in the United States. It is engaged in licensing and selling franchises under the Planet Fitness trade name, owning and operating fitness centers under the Planet Fitness trade name and selling fitness-related equipment to franchisee-owned stores. It operates through three segments, including the Franchise segment, the Corporate-owned stores segment and the Equipment segment. Its stores include around 20,000 square feet of area and offer Planet Fitness-branded cardio, circuit- and weight-training equipment. It also offers PE@PF fitness instruction program. As of June 30, 2015 the Company owned 1,014 stores, including 58 corporate-owned stores and 956 franchisee-owned stores. It offers standard and PF Black Card memberships. It offers water massage beds, massage chairs and tanning equipment, among others to its PF Black Card members.

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![health club news snap fitness race car nascar 911Throwback[7]_webready](http://healthclubnews.org/wp-content/uploads/2015/08/911Throwback7_webready.jpg)
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The Zeal is a weekly sports newsletter delivered to your inbox with the weeks top stories and social nuggets from the sports world. Want to stay up on sports but don’t have the time to browse the web daily? Sign up to get The Zeal, it’s totally free.

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$28/PERSON: REGISTRATION PERKS
* Stop the Clot Chicago T-Shirt sizes (S – 6XL)
* Gourmet Pancakes w/chocolate, caramel & fresh maple syrup from Babycakes Food Truck
* DJ & Live Entertainment
* Swag Bag: BioFreeze Sample, Candy from Ferrara Candy Co, & tons of sponsor offers
* Chair massages, Henna, Personalized Caricatures
* Top (3) winners in each age category receive STOP THE CLOT MEDAL
* Flat, lake view course from Montrose Beach to Foster Beach and Back
* Raffle (Prizes from White Sox, The Laugh Factory, Brooks Running, Brookfield Zoo & MORE

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Planet Fitness’ Quiet Period Will Expire Soon. (NASDAQ:PLNT)

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Planet Fitness’ Quiet Period Will Expire Soon. (NASDAQ:PLNT) Planet Fitness’ (NASDAQ:PLNT) quiet period is set to expire on Tuesday, September 15th. Planet Fitness had issued 13,500,000 shares in its IPO on August 6th, ARN reports. The total size of the offering was $216,000,000 based on an initial share price of $16.00. During the company’s quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
Several brokerages have recently commented on PLNT. Jefferies Group started coverage on Planet Fitness in a research report on Monday, August 31st. They set a “buy” rating for the company. Cowen and Company started coverage on Planet Fitness in a research report on Monday, August 31st. They set an “outperform” rating and a $21.00 price target for the company. Robert W. Baird started coverage on Planet Fitness in a research note on Monday, August 31st. They issued an “outperform” rating and a $22.00 price objective on the stock. Piper Jaffray started coverage on Planet Fitness in a research report on Monday, August 31st. They set an “overweight” rating and a $19.00 target price on the stock. Finally, Bank of America assumed coverage on Planet Fitness in a report on Monday, August 31st. They set a “buy” rating and a $19.00 price target on the stock. Nine research analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and an average target price of $20.00.
Shares of Planet Fitness (NASDAQ:PLNT) traded up 0.936% on Thursday, hitting $17.896. The stock had a trading volume of 7,159 shares. The firm has a 50 day moving average price of $17.49 and a 200 day moving average price of $17.49. Planet Fitness has a one year low of $13.65 and a one year high of $19.65. The company has a market capitalization of $654.94 million and a P/E ratio of 15.657.
Planet Fitness (NASDAQ:PLNT) last announced its quarterly earnings data on Wednesday, September 2nd. The company reported $0.13 EPS for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.01. The firm earned $79 million during the quarter. On average, equities research analysts predict that Planet Fitness will post $0.47 earnings per share for the current fiscal year.
Planet Fitness, Inc. is a holding company. The Company, through its subsidiary, Pla-Fit Holdings, LLC., is a franchisor and operator of fitness centers in the United States. It is engaged in licensing and selling franchises under the Planet Fitness trade name, owning and operating fitness centers under the Planet Fitness trade name and selling fitness-related equipment to franchisee-owned stores. It operates through three segments, including the Franchise segment, the Corporate-owned stores segment and the Equipment segment. Its stores include around 20,000 square feet of area and offer Planet Fitness-branded cardio, circuit- and weight-training equipment. It also offers PE@PF fitness instruction program. As of June 30, 2015 the Company owned 1,014 stores, including 58 corporate-owned stores and 956 franchisee-owned stores. It offers standard and PF Black Card memberships. It offers water massage beds, massage chairs and tanning equipment, among others to its PF Black Card members.
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