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Promising Fitness Stocks To Consider - March 29th

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

Key Points

  • MarketBeat's screener names five fitness stocks to watch today: Peloton (PTON), Garmin (GRMN), Planet Fitness (PLNT), Life Time Group (LTH), and Fitness Champs (FCHL), which had the highest dollar trading volume among fitness names in recent days.
  • "Fitness stocks" covers gym operators, connected-fitness platforms, equipment and wearable makers, and related businesses, and investors typically judge them by user growth and churn, recurring revenue, engagement metrics, product ecosystem and brand strength.
  • Peloton is highlighted for moving toward profitability, though MarketBeat raises the question of whether that turnaround can be sustained; Peloton offers connected products like the Bike, Tread, Guide and Row.
  • MarketBeat previews the top five stocks to own by May 1st.

Peloton Interactive, Garmin, Planet Fitness, Life Time Group, and Fitness Champs are the five Fitness stocks to watch today, according to MarketBeat's stock screener tool. "Fitness stocks" refers to shares of publicly traded companies whose core businesses serve the fitness and wellness market — for example gym operators, fitness-equipment and wearable manufacturers, connected-fitness platforms and apps, athleisure apparel, and supplement brands. Investors use the label to group companies whose revenues and valuations depend on consumer health trends, subscription or membership retention, engagement metrics and seasonality, so they typically evaluate user growth and churn, recurring revenue, product ecosystem and brand strength when assessing risk and growth potential. These companies had the highest dollar trading volume of any Fitness stocks within the last several days.

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

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

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

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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