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Planet Fitness (PLNT) Catches Eye: Stock Jumps 12.2%

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Planet Fitness, Inc. (PLNT - Free Report) was a big mover last session, as the company saw its shares rise over 12% 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 $29.44–$34.74 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen four positive estimate revisions in the past two months. Its Zacks Consensus Estimate for the current quarter has also revised upward over the same time frame. 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 positive.

Planet Fitness, Inc. Price and Consensus

A better ranked stock worth considering in the  Leisure and Recreation Services industry is Speedway Motorsports, Inc. which sports a Zacks Rank #1 (Strong 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

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