Tuesday, September 27, 2022

Planet Health (NYSE:PLNT) PT Lowered to $95.00

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Planet Health (NYSE:PLNTGet Score) had its value goal decreased by equities analysis analysts at Cowen from $110.00 to $95.00 in a analysis report issued on Wednesday, The Fly experiences. Cowen’s goal value signifies a possible upside of 27.16% from the corporate’s present value.

Different equities analysis analysts have additionally issued experiences concerning the firm. Robert W. Baird decreased their goal value on Planet Health from $108.00 to $92.00 in a analysis report on Wednesday, Could eleventh. BMO Capital Markets decreased their value goal on Planet Health from $96.00 to $88.00 in a report on Wednesday, Could eleventh. Morgan Stanley decreased their value goal on Planet Health from $96.00 to $93.00 and set an “chubby” ranking for the corporate in a report on Wednesday. Exane BNP Paribas raised Planet Health from an “underperform” ranking to a “impartial” ranking in a report on Thursday, July seventh. Lastly, DA Davidson decreased their value goal on Planet Health from $110.00 to $90.00 in a report on Friday, Could thirteenth. 4 equities analysis analysts have rated the inventory with a maintain ranking and eight have given a purchase ranking to the corporate. In line with knowledge from MarketBeat, the corporate presently has a median ranking of “Reasonable Purchase” and a consensus value goal of $95.42.

Planet Health Inventory Down 3.1 %

Shares of PLNT opened at $74.71 on Wednesday. Planet Health has a 12-month low of $61.11 and a 12-month excessive of $99.60. The enterprise’s fifty day transferring common is $72.74 and its 200 day transferring common is $78.59. The inventory has a market cap of $6.80 billion, a P/E ratio of 102.34, a P/E/G ratio of 1.41 and a beta of 1.17.

Planet Health (NYSE:PLNTGet Score) final issued its quarterly earnings knowledge on Tuesday, August ninth. The corporate reported $0.38 earnings per share for the quarter, assembly the consensus estimate of $0.38. Planet Health had a unfavorable return on fairness of 21.05% and a web margin of 8.28%. The enterprise had income of $224.40 million for the quarter, in comparison with analysts’ expectations of $230.13 million. Throughout the identical interval final yr, the enterprise earned $0.21 EPS. The enterprise’s income was up 63.5% on a year-over-year foundation. On common, analysts count on that Planet Health will publish 1.55 EPS for the present yr.

Hedge Funds Weigh In On Planet Health

A number of hedge funds have lately made adjustments to their positions in PLNT. Oppenheimer Asset Administration Inc. boosted its holdings in Planet Health by 26.2% within the fourth quarter. Oppenheimer Asset Administration Inc. now owns 14,043 shares of the corporate’s inventory value $1,272,000 after buying an extra 2,913 shares within the final quarter. Loews Corp purchased a brand new place in shares of Planet Health in the course of the fourth quarter valued at $205,000. Nationwide Asset Administration Inc. purchased a brand new place in shares of Planet Health in the course of the first quarter valued at $408,000. Tributary Capital Administration LLC lifted its holdings in shares of Planet Health by 16.2% in the course of the first quarter. Tributary Capital Administration LLC now owns 26,500 shares of the corporate’s inventory valued at $2,239,000 after buying an extra 3,700 shares within the final quarter. Lastly, Sandy Spring Financial institution purchased a brand new place in shares of Planet Health in the course of the first quarter valued at $84,000. 93.87% of the inventory is owned by hedge funds and different institutional traders.

Planet Health Firm Profile

(Get Score)

Planet Health, Inc, along with its subsidiaries, franchises and operates health facilities beneath the Planet Health model. It operates by way of Franchise, Company-Owned Shops, and Gear segments. The Franchise phase is concerned in franchising enterprise in america, Puerto Rico, Canada, Panama, Mexico, and Australia.

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