Stifel Nicolaus had its worth goal beforehand set for Planet Health (NYSE:PLNT) raised from $82.00 to $93.00 in a analysis report printed on Friday, as reported by The Fly. In keeping with the worth goal established by Stifel Nicolaus, there may be room for the inventory worth to doubtlessly improve by 10.98% from the place it’s at the moment buying and selling.
Concerning the corporate, a number of inventory analysts from totally different establishments have contributed to the publication. In a analysis be aware printed on November 14th and November 14th, Morgan Stanley downgraded Planet Health from an “obese” ranking to a “impartial” ranking and lowered their worth goal from $93.00 to $88.00. This motion is carried out along side the discount within the goal worth. Cowen revealed the choice to lift their worth goal on shares of Planet Health from $80.00 to $90.00 in a analysis be aware printed on November sixteenth and sixteenth. BMO Capital Markets beforehand gave Planet Health an “outperform” advice, which was upgraded to an “outperform” ranking. Their worth goal on the inventory rose from $88.00 to $90.00 in a analysis be aware printed on November 9 and November 9. In a analysis report launched on November sixteenth and November sixteenth, Cowen introduced that they’ve elevated their “outperform” ranking on Planet Health shares and raised their worth goal on the inventory from $80.00 to $90.00.
Moreover, they raised their worth goal on the inventory from $80.00 to $90.00. Piper Sandler rated Planet Health as an “obese” and elevated their goal worth from $79.00 to $93.00 in a analysis be aware printed on December twenty second. Three analysis specialists advocate including shares to 1’s portfolio; ten different analysis specialists advocate buying inventory; and one analyst recommends a robust purchase. The present common ranking for shares of Planet Health on Bloomberg.com is “Reasonable Purchase,” and the web site’s group has decided that the inventory’s worth goal ought to be $93.46.
On Friday, the NYSE opened buying and selling in PLNT at $83.80 per share. The corporate’s transferring common over the earlier 2 hundred days was $71.52, whereas its transferring common over the earlier fifty days was $76.15. Beneath is the worth listing for Planet Health, starting from the corporate’s 52-week low of $54.15 to its 52-week excessive of $97.04:
Its present market capitalization is $7.51 billion.
The value-to-earnings ratio is 99.76.
The value-to-earnings-to-growth ratio is 1.26.
Its beta worth is 1.24.
Vital traders have just lately been lively out there, shopping for and promoting firm shares. First Horizon Advisors Inc. elevated its holdings in shares of Planet Health by 290.5% within the second quarter. Because of shopping for an extra 581 shares throughout the latest quarter, First Horizon Advisors Inc. now has a complete of 781 shares within the firm. The present market worth of this inventory places its worth at $53,000. International Retirement Companions LLC elevated its stake in Planet Health by 58.4% through the third quarter. The newest quarter noticed International Retirement Companions LLC purchase an extra 314 shares of the corporate’s inventory, bringing the overall variety of shares owned within the firm to 852, with a price of $56,000. This brings the overall variety of shares owned within the firm to 852. The variety of Planet Health places owned by Ellevest Inc. elevated by 1,098.8% through the second quarter. Through the quarter, Ellevest Inc. purchase 890 shares of the corporate’s inventory. This brings the variety of shares owned by the corporate to 971, which has an equal worth of $66,000. Through the first three months of this yr, Captrust Monetary Advisors noticed a 23% improve within the worth of their funding in Planet Health. The newest quarter noticed Captrust Monetary Advisors buy an extra 219 shares of the corporate’s inventory, bringing the corporate’s holdings to 1,172, valued at $99,000. This brings the overall variety of shares owned within the enterprise to 1. And at last, through the first quarter of this yr, PNC Monetary Providers Group Inc. elevated the proportion of Planet Health shares owned by 13.4%. PNC Monetary Providers Group Inc. now owns 1,332 shares of the corporate’s inventory price $112,000 ($122,000) after shopping for an extra 157 shares through the interval. This brings the overall variety of shares owned by the corporate to 1,332. Institutional traders and hedge funds collectively maintain shares within the firm equal to 94.56% of the overall variety of excellent shares.
Planet Health, Inc. utilizing the assistance of its subsidiaries within the operation of Planet Health gyms in addition to in franchising Planet Health gyms. It conducts its operations primarily based on three pillars of its enterprise: company-owned places, tools, and franchise operations. The Franchise Division is answerable for managing franchise companies in North America, together with in Puerto Rico, the USA, Canada, and Mexico.