Planet Cash Per Share from 2010 to 2024
| PLNT Stock | USD 63.27 2.13 3.26% |
Cash Per Share | First Reported 2010-12-31 | Previous Quarter 4.67654711 | Current Value 2.58 | Quarterly Volatility 2.09568179 |
Check Planet Fitness financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Planet main balance sheet or income statement drivers, such as Depreciation And Amortization of 156.9 M, Selling General Administrative of 64.5 M or Selling And Marketing Expenses of 44.3 M, as well as many exotic indicators such as Price To Sales Ratio of 5.33, Dividend Yield of 0.0 or Days Sales Outstanding of 34.69. Planet financial statements analysis is a perfect complement when working with Planet Fitness Valuation or Volatility modules.
Planet | Cash Per Share |
Latest Planet Fitness' Cash Per Share Growth Pattern
Below is the plot of the Cash Per Share of Planet Fitness over the last few years. It is Planet Fitness' Cash Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Planet Fitness' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 4.55 X | 10 Years Trend |
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Cash Per Share |
| Timeline |
Planet Cash Per Share Regression Statistics
| Arithmetic Mean | 2.72 | |
| Geometric Mean | 2.00 | |
| Coefficient Of Variation | 77.16 | |
| Mean Deviation | 1.85 | |
| Median | 1.43 | |
| Standard Deviation | 2.10 | |
| Sample Variance | 4.39 | |
| Range | 5.6867 | |
| R-Value | 0.77 | |
| Mean Square Error | 1.92 | |
| R-Squared | 0.59 | |
| Significance | 0.0008 | |
| Slope | 0.36 | |
| Total Sum of Squares | 61.49 |
Planet Cash Per Share History
About Planet Fitness Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Planet Fitness income statement, its balance sheet, and the statement of cash flows. Planet Fitness investors use historical funamental indicators, such as Planet Fitness's Cash Per Share, to determine how well the company is positioned to perform in the future. Although Planet Fitness investors may use each financial statement separately, they are all related. The changes in Planet Fitness's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Planet Fitness's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Planet Fitness Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Planet Fitness. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Cash Per Share | 4.68 | 2.58 |
Pair Trading with Planet Fitness
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Planet Fitness position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Planet Fitness will appreciate offsetting losses from the drop in the long position's value.Moving against Planet Stock
| 0.42 | XPOF | Xponential Fitness | PairCorr |
The ability to find closely correlated positions to Planet Fitness could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Planet Fitness when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Planet Fitness - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Planet Fitness to buy it.
The correlation of Planet Fitness is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Planet Fitness moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Planet Fitness moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Planet Fitness can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Planet Fitness Correlation against competitors. For more information on how to buy Planet Stock please use our How to Invest in Planet Fitness guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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When running Planet Fitness' price analysis, check to measure Planet Fitness' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Planet Fitness is operating at the current time. Most of Planet Fitness' value examination focuses on studying past and present price action to predict the probability of Planet Fitness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planet Fitness' price. Additionally, you may evaluate how the addition of Planet Fitness to your portfolios can decrease your overall portfolio volatility.
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Is Planet Fitness' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Planet Fitness. If investors know Planet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Planet Fitness listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.45 | Earnings Share 1.74 | Revenue Per Share 12.795 | Quarterly Revenue Growth 0.111 | Return On Assets 0.0633 |
The market value of Planet Fitness is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Fitness' value that differs from its market value or its book value, called intrinsic value, which is Planet Fitness' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Planet Fitness' market value can be influenced by many factors that don't directly affect Planet Fitness' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Planet Fitness' value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Fitness is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Fitness' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.