Fitness Stocks Worth Watching - April 12th

Key Points

• MarketBeat names Garmin (GRMN), Planet Fitness (PLNT), and Life Time Group (LTH) as the fitness stocks to watch today after they registered the highest dollar trading volume among fitness-sector names in recent days.
• Garmin, maker of wearables and platforms like Garmin Connect and Connect IQ, has signaled stronger guidance and is boosting shareholder returns through increased buybacks and a larger dividend, according to a linked MarketBeat report.
• Planet Fitness operates a mix of franchised and corporate-owned gyms across the U.S. and abroad, while Life Time Group runs resort-style health, fitness, and spa centers for members in the U.S. and Canada.

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 primary businesses serve the health and exercise market—such as gym operators, fitness-equipment and apparel makers, wearable and connected-fitness technology firms, and digital workout or wellness platforms. Investors use the label to group companies that may benefit from consumer interest in health and exercise, often looking for growth tied to trends, recurring membership or subscription revenue, and potential seasonality or sensitivity to consumer spending. 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

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