Fitness Stocks Worth Watching - April 30th

Key Points

• MarketBeat’s screener flags five fitness stocks to watch today: Garmin (GRMN), Planet Fitness (PLNT), Peloton (PTON), Life Time Group (LTH), and Fitness Champs (FCHL), which posted the highest dollar trading volume among fitness names recently.
• Fitness stocks are a thematic group whose revenues and valuations are driven by consumer health trends, discretionary spending and membership/subscription dynamics, making them sensitive to economic cycles and changing preferences.
• Garmin drew particular attention after updating guidance and boosting shareholder returns with doubled buybacks and a larger dividend, underscoring capital-return strategies in the sector.

Garmin, Planet Fitness, Peloton Interactive, Life Time Group, and Fitness Champs are the five Fitness stocks to watch today, according to MarketBeat's stock screener tool. Fitness stocks are shares of companies whose primary business serves physical fitness and wellness—such as gym operators, exercise-equipment and wearable manufacturers, fitness-app and subscription platforms, athletic apparel brands, and sports-nutrition firms. Investors treat them as a thematic group because their revenue and valuations are driven by consumer health trends, discretionary spending and membership/subscription dynamics, making them sensitive to economic cycles and changing 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

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

Fitness Champs (FCHL)

Our mission is to make swimming an affordable sport for all by offering comprehensive swimming lessons and teaching swimming skills and techniques to our students and to encourage the public mass to use swimming as a healthy and fun sport for all ages. We believe we are a leading sports education provider in Singapore based on the following: (i) in 2023, we were the largest service provider of the SwimSafer Program based on the number of assessment bookings, accounting for approximately 30% of market share; and (ii) we are one of the few swim education providers in Singapore that provides both services to students under training programs funded by the Singapore Government and provision of customized private swimming training services.

Read Our Latest Research Report on FCHL

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