Raymond James & Associates raised its place in Planet Health, Inc. (NYSE:PLNT – Get Ranking) by 21.5% within the third quarter, in line with its most up-to-date submitting with the SEC. The agency owned 46,382 shares of the corporate’s inventory after buying a further 8,198 shares in the course of the interval. Raymond James & Associates owned roughly 0.05% of Planet Health value $2,674,000 on the finish of the newest reporting interval.
A number of different hedge funds additionally lately made adjustments to their positions within the firm. First Horizon Advisors Inc. lifted its stake in shares of Planet Health by 290.5% within the second quarter. First Horizon Advisors Inc. now owns 781 shares of the corporate’s inventory valued at $53,000 after buying a further 581 shares in the course of the interval. Ellevest Inc. lifted its stake in shares of Planet Health by 1,098.8% within the second quarter. Ellevest Inc. now owns 971 shares of the corporate’s inventory valued at $66,000 after buying a further 890 shares in the course of the interval. Parallel Advisors LLC lifted its stake in shares of Planet Health by 565.3% within the second quarter. Parallel Advisors LLC now owns 1,437 shares of the corporate’s inventory valued at $98,000 after buying a further 1,221 shares in the course of the interval. Captrust Monetary Advisors lifted its stake in shares of Planet Health by 23.0% within the first quarter. Captrust Monetary Advisors now owns 1,172 shares of the corporate’s inventory valued at $99,000 after buying a further 219 shares in the course of the interval. Lastly, Brown Brothers Harriman & Co. bought a brand new place in Planet Health in the course of the 2nd quarter valued at about $108,000. Institutional traders and hedge funds personal 94.56% of the corporate’s inventory.
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Analyst Upgrades and Downgrades
A number of analysis companies have weighed in on PLNT. Cowen raised their goal value on shares of Planet Health from $80.00 to $90.00 in a report on Wednesday, November sixteenth. Robert W. Baird raised their goal value on shares of Planet Health from $95.00 to $100.00 and gave the corporate an “outperform” ranking in a report on Wednesday, January eleventh. BMO Capital Markets raised their goal value on shares of Planet Health from $88.00 to $90.00 and gave the corporate an “outperform” ranking in a report on Wednesday, November ninth. Guggenheim dropped their goal value on shares of Planet Health to $85.00 in a report on Tuesday, November 1st. Lastly, Raymond James raised their goal value on shares of Planet Health from $84.00 to $92.00 in a report on Wednesday, November sixteenth. Three analysts have rated the inventory with a maintain ranking, ten have given a purchase ranking and one has assigned a robust purchase ranking to the inventory. Based on MarketBeat.com, the corporate has a consensus ranking of “Average Purchase” and a mean value goal of $93.46.
Planet Health Inventory Efficiency
Planet Health inventory opened at $79.22 on Friday. Planet Health, Inc. has a 1 yr low of $54.15 and a 1 yr excessive of $97.04. The agency has a 50 day transferring common value of $77.94 and a 200 day transferring common value of $72.06. The corporate has a market cap of $7.10 billion, a price-to-earnings ratio of 94.31, a PEG ratio of 1.28 and a beta of 1.23.
Planet Health (NYSE:PLNT – Get Ranking) final launched its earnings outcomes on Tuesday, November eighth. The corporate reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.03. Planet Health had a web margin of 8.52% and a adverse return on fairness of 36.77%. The agency had income of $244.39 million in the course of the quarter, in comparison with the consensus estimate of $237.40 million. Promote-side analysts predict that Planet Health, Inc. will submit 1.59 EPS for the present yr.
About Planet Health
Planet Health, Inc engages within the operation and franchising of health facilities. It operates by way of the next segments: Franchise, Company-Owned Shops, and Gear. The Franchise section consists of operations associated to the corporate’s franchising enterprise in the US, Puerto Rico, Canada, the Dominican Republic, Panama, Mexico, and Australia.
Advisable Tales
Wish to see what different hedge funds are holding PLNT? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Planet Health, Inc. (NYSE:PLNT – Get Ranking).
This immediate information alert was generated by narrative science expertise and monetary information from MarketBeat to be able to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
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