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Top Fitness Stocks To Keep An Eye On - November 3rd

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

Key Points

  • Garmin, Life Time Group, and Planet Fitness were identified as the fitness stocks with the highest recent dollar trading volume, making them key names for investors to watch.
  • Garmin traded at $272.58 with a $52.57 billion market capitalization, while its stock remained below its 52-week high of $314.28.
  • Life Time Group rose to $44.57, near its 52-week high, while Planet Fitness fell to $55.30 and remained well below its 52-week high of $114.26.
  • MarketBeat previews top five stocks to own in December.

Garmin, Life Time Group, and Planet Fitness are the three Fitness stocks to watch today, according to MarketBeat's stock screener tool. “Fitness stocks” are shares of publicly traded companies involved in the fitness, exercise, and wellness industries, such as gyms, fitness equipment makers, athletic-apparel brands, and digital workout platforms. Investors may assess these stocks based on membership growth, consumer health trends, recurring subscription revenue, and broader economic conditions. 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.

NYSE GRMN traded down $1.71 during mid-day trading on Tuesday, reaching $272.58. 394,435 shares of the company's stock traded hands, compared to its average volume of 898,560. Garmin has a 1-year low of $186.67 and a 1-year high of $314.28. The company has a fifty day simple moving average of $282.20 and a 200-day simple moving average of $253.92. The company has a market cap of $52.57 billion, a price-to-earnings ratio of 26.10, a P/E/G ratio of 2.84 and a beta of 0.82.

Read Our Latest Research Report on GRMN

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.

Shares of LTH traded up $0.75 during trading on Tuesday, reaching $44.57. The company's stock had a trading volume of 1,055,787 shares, compared to its average volume of 2,986,906. The company has a market cap of $9.96 billion, a price-to-earnings ratio of 24.27, a P/E/G ratio of 1.56 and a beta of 1.49. The company has a quick ratio of 0.56, a current ratio of 0.66 and a debt-to-equity ratio of 0.44. The company has a fifty day moving average of $41.66 and a two-hundred day moving average of $35.32. Life Time Group has a twelve month low of $24.14 and a twelve month high of $47.32.

Read Our Latest Research Report on LTH

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.

Shares of PLNT stock traded down $0.34 during mid-day trading on Tuesday, reaching $55.30. 443,473 shares of the company were exchanged, compared to its average volume of 2,122,818. The business's 50 day simple moving average is $48.80 and its 200 day simple moving average is $62.15. The company has a market capitalization of $4.18 billion, a P/E ratio of 18.77, a P/E/G ratio of 1.13 and a beta of 1.05. Planet Fitness has a fifty-two week low of $37.03 and a fifty-two week high of $114.26.

Read Our Latest Research Report on PLNT

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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