The value goal that Stifel Nicolaus had beforehand set for Planet Health (NYSE: PLNT) was raised from $82.00 to $93.00 in a analysis report revealed on Friday, as reported by The Fly. In line with the worth goal that Stifel Nicolaus established, there may be room for the inventory’s worth to probably enhance by 10.98% from the place it’s at the moment buying and selling.
Relating to the corporate, varied inventory analysts from completely different establishments have contributed to publications. In a analysis notice revealed on November 14th and November 14th, Morgan Stanley downgraded Planet Health from an “obese” ranking to a “impartial” ranking and lowered its worth goal from $93.00 to $88.00. This motion was taken along with a discount within the worth goal. Cowen disclosed their resolution to boost their worth goal on Planet Health inventory from $80.00 to $90.00 in a analysis notice revealed on November sixteenth and November sixteenth. BMO Capital Markets had beforehand given Planet Health an “outperform” suggestion, which was upgraded to an “outperform” ranking. Their worth goal on the inventory rose from $88.00 to $90.00 in a analysis notice revealed on November ninth and November ninth. In a analysis report launched on November sixteenth and November sixteenth, Cowen introduced that that they had raised 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 “obese” and elevated their goal worth from $79.00 to $93.00 in a analysis notice revealed on December twenty second, December twenty second. Three analysis specialists counsel including the inventory to at least one’s portfolio; ten different analysis specialists counsel buying the inventory; and one analyst suggests a powerful purchase. The present common ranking for Planet Health inventory on Bloomberg.com is “Average Purchase,” and the web site’s group has decided that the worth goal for the inventory 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 is available in at $71.52, whereas the transferring common over the earlier fifty days is available in at $76.15. The next is an inventory of costs for Planet Health, starting from the corporate’s 52-week low of $54.15 to its 52-week excessive of $97.04:
The present market capitalization of the corporate is $7.51 billion.
Its price-to-earnings ratio is 99.76.
Its price-to-earnings-to-growth ratio is 1.26.
Its beta worth is 1.24.
Vital buyers have just lately been lively available in the market, shopping for and promoting firm shares. First Horizon Advisors Inc. elevated the quantity of Planet Health inventory owned by 290.5% over the second quarter. Because of the acquisition of 581 extra shares throughout the newest quarter, First Horizon Advisors Inc. now has a complete of 781 shares within the firm. The present market worth of those shares locations their worth at $53,000. International Retirement Companions LLC elevated the proportion of Planet Health it owned within the firm by 58.4 % through the third quarter. The latest quarter noticed International Retirement Companions LLC purchase a further 314 shares of the corporate’s inventory, bringing the entire variety of shares owned within the firm to 852, with a worth of $56,000. This brings the entire 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. In the course of the quarter, Ellevest Inc. purchased 890 shares of the corporate’s inventory. This brings the entire variety of shares the corporate owns to 971, which has an equal worth of $66,000. Over the primary three months of this yr, Captrust Monetary Advisors noticed an increase of 23% within the worth of their funding in Planet Health. The latest quarter noticed Captrust Monetary Advisors buy a further 219 shares of the corporate, bringing their complete variety of shares owned to 1,172, with a worth of $99,000. This brings the entire variety of shares owned within the enterprise to 1. And eventually, through the first quarter of this yr, PNC Monetary Companies Group Inc. elevated the proportion of Planet Health inventory owned by 13.4%. PNC Monetary Companies Group Inc. at the moment possesses 1,332 shares of the corporate’s inventory value $112,000 ($122,000) after buying a further 157 shares through the interval in query. This brings the entire variety of shares owned by the corporate to 1,332. Institutional buyers and hedge funds collectively maintain a stake within the firm equal to 94.56% of the entire variety of shares excellent.
Planet Health, Inc. makes use of the help of its subsidiaries within the operation of Planet Health gyms in addition to within the franchising of Planet Health gyms. It conducts its operations based mostly on the three distinct pillars of its enterprise: corporate-owned places, tools, and franchise operations. The Franchise division is accountable for managing franchised companies throughout North America, together with these in Puerto Rico, the USA of America, Canada, and Mexico.