10 Best Performing Weight Loss Companies And Their Programs

Page 9 of 11

3. Planet Fitness Inc (NYSE:PLNT)

1-Year Returns: 34.59%

Planet Fitness Inc (NYSE:PLNT) is the youngest stock in this list of best performing weight loss companies, with its IPO having landed in August 2015. The company has been aggressive in expanding the number of fitness centers that it operates, though that growth slowed in 2016. Shares are down in trading today, dragging down the 1-year returns slightly, as Planet Fitness Inc (NYSE:PLNT) just announced a secondary offering of 15 million shares. While there are some concerns about the company’s leverage, Cowen analyst Oliver Chen recently reiterated an ‘Outperform’ rating on the stock and said he would buy shares on further weakness.

Biggest Fitness Chains in America

antoniodiaz/Shutterstock.com

Follow Planet Fitness Inc.

Page 9 of 11