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Fitness Stocks To Follow Today - March 6th

Garmin logo with Computer and Technology background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat’s screener flagged Garmin (GRMN), Planet Fitness (PLNT), and Life Time Group (LTH) as the three Fitness stocks with the highest recent dollar trading volume, noting fitness names are plays on consumer health with recurring-revenue but can be sensitive to economic cycles and seasonality.
  • Garmin stands out for its fitness-focused wearables and platforms—running/multi-sport watches, cycling products, scales, Garmin Connect and Connect IQ—and has recently moved markets with stronger guidance plus increased buybacks and a larger dividend.
  • Planet Fitness and Life Time Group represent different gym models: Planet Fitness is a franchise-driven, value-focused chain with international reach, while Life Time operates resort-like, full-service health, fitness and wellness centers in suburban and urban markets.
  • MarketBeat previews the top five stocks to own by May 1st.

Garmin, Planet Fitness, and Life Time Group are the three Fitness stocks to watch today, according to MarketBeat's stock screener tool. Fitness stocks are shares of publicly traded companies whose core businesses serve the fitness market — for example gym chains, fitness-equipment and apparel makers, digital workout platforms, wearable-tracking firms, and supplement brands. Investors view them as plays on consumer health and lifestyle trends, often featuring recurring-revenue models (memberships or subscriptions), but they can be sensitive to economic cycles, seasonality, and changes in technology or consumer preferences. These companies had the highest dollar trading volume of any Fitness stocks within the last several days.

Garmin (GRMN)

Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. Its Fitness segment offers running and multi-sport watches; cycling products; smartwatch devices; scales and monitors; and fitness accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, an application development platform.

Read Our Latest Research Report on GRMN

Planet Fitness (PLNT)

Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. The company operates through three segments: Franchise, Corporate-Owned Stores, and Equipment. The company is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia.

Read Our Latest Research Report on PLNT

Life Time Group (LTH)

Life Time Group Holdings, Inc. provides health, fitness, and wellness experiences to a community of individual members in the United States and Canada. It primarily engages in designing, building, and operating of sports and athletic, professional fitness, family recreation, and spa centers in a resort-like environment, principally in suburban and urban locations of metropolitan areas.

Read Our Latest Research Report on LTH

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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