Fitness Stocks To Research - May 3rd

Key Points

• Five fitness stocks to watch: MarketBeat's screener flags Garmin, Planet Fitness, Peloton Interactive, Life Time Group, and Beachbody as the highest dollar-volume Fitness stocks recently.
• Garmin update: Garmin jumped on improved guidance and is ramping shareholder returns with bigger buybacks and a larger dividend, while its Fitness segment centers on wearables and platforms like Garmin Connect and Connect IQ.
• These companies span gym chains, home-equipment makers, wearables, and subscription streaming/nutrition services and are treated as consumer-discretionary/growth plays tied to wellness and recurring subscriptions, but remain sensitive to competition, changing consumer habits, seasonality, and economic cycles.

Garmin, Planet Fitness, Peloton Interactive, Life Time Group, and Beachbody are the five Fitness stocks to watch today, according to MarketBeat's stock screener tool. "Fitness stocks" are shares of companies whose primary businesses serve the health and exercise market—such as gym chains, home-equipment manufacturers, wearable-device makers, fitness-app and streaming services, and sports-nutrition brands. Investors treat them as consumer-discretionary or growth-oriented plays tied to wellness trends and recurring-subscription models, but they can be sensitive to competition, changing consumer habits, seasonality, and economic cycles. 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

Peloton Interactive (PTON)

Peloton Interactive, Inc. operates interactive fitness platform in North America and internationally. The company offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, Peloton Tread+, Peloton Guide, and Peloton Row names.

Read Our Latest Research Report on PTON

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

Beachbody (BODI)

The Beachbody Company, Inc. operates as a subscription health and wellness company that provides fitness, nutrition, and stress-reducing programs in the United States and internationally. The company operates Beachbody on Demand, a digital subscription platform that provides access to a library of live and on-demand fitness and nutrition content; and Beachbody on Demand Interactive (BODi) for live fitness and nutrition programs.

Read Our Latest Research Report on BODI

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.