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Fitness Stocks To Add to Your Watchlist - November 5th

Garmin logo with Consumer Discretionary background
Image from MarketBeat Media, LLC.

Key Points

  • Garmin, Planet Fitness, and Life Time Group were highlighted as fitness stocks with the sector’s highest recent dollar trading volumes. Their businesses span fitness devices and platforms, franchised gyms, and upscale health and wellness centers.
  • In Thursday trading, Garmin shares fell to $286.97, while Planet Fitness rose to $60.06 and Life Time Group gained to $47.52.
  • Life Time was trading near its 12-month high of $48.61; Garmin was below its $314.28 high, and Planet Fitness remained well below its $114.26 12-month high.
  • Interested in Garmin? Here are five stocks we like better.

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 that earn revenue from the fitness and exercise industry, such as gym operators, athletic-apparel makers, equipment manufacturers, and fitness-app or platform providers. The term describes an industry grouping, not a formal stock-market classification, and these companies can face risks tied to consumer spending, competition, and changing exercise trends. 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.

Shares of Garmin stock traded down $2.18 on Thursday, reaching $286.97. The stock had a trading volume of 896,387 shares, compared to its average volume of 902,289. The company has a market cap of $55.30 billion, a P/E ratio of 27.54, a price-to-earnings-growth ratio of 2.69 and a beta of 0.90. Garmin has a 1 year low of $186.67 and a 1 year high of $314.28. The business's 50 day moving average is $281.81 and its two-hundred day moving average is $254.60.

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.

PLNT traded up $2.72 during trading on Thursday, reaching $60.06. The stock had a trading volume of 1,563,978 shares, compared to its average volume of 2,123,940. The stock has a market cap of $4.54 billion, a PE ratio of 20.36, a PEG ratio of 1.18 and a beta of 1.02. The business has a 50-day moving average of $48.92 and a 200-day moving average of $61.71. Planet Fitness has a one year low of $37.03 and a one year high of $114.26.

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.

LTH traded up $0.13 during trading on Thursday, hitting $47.52. 1,664,154 shares of the stock traded hands, compared to its average volume of 3,000,831. The firm has a market capitalization of $10.67 billion, a P/E ratio of 25.83, a price-to-earnings-growth ratio of 1.40 and a beta of 1.46. The firm has a 50-day moving average of $41.70 and a 200 day moving average of $35.51. Life Time Group has a 12-month low of $24.45 and a 12-month high of $48.61. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.73 and a quick ratio of 0.63.

Read Our Latest Research Report on LTH

See Also

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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