Planet fitness is getting some serious gains!

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Planet fitness is currently for the third year on the stock market and made some serious gains. The stock price has increased with more than 164% in the last 3 years. But how does this come? The company is building new gyms all over America in a very high speed. If we take a look at their fundamentals we will see this. (in millions)

Revenue 2015: 330.537
Revenue 2016 378.241
Revenue 2017 429.942

Net income 2015: 18.518
Net income 2016: 21.500
Net income 2017: 33.146

EPS 2015: 0.11
EPS 2016: 0.50
EPS 2017: 0.42

The EPS seems to getting lower, but the outstanding share have been doubled. When the outstanding shares would have stayed the same the eps would have been near to 0.80

The company has a perfectly balance current debt to equity rate and can pay the total debt within a month of net earnings.

When we take a look at the chart we will see a huge drop in the last months. this can be caused of global pressure, raising interst and a lower overall market, but not on the numbers of this company. The upcomming recession could work in favor for Planet fitness because it is a low cost gym. The stock price is near to the 200 EMA wich has given support and resistance in the past. This could cause another drop, but the company is outperforming the markets and the fundamentals are still growing which will make higher highs in the future.

Upcomming Earning release is on 06 nov 2018
They did beat the last 4 expected earnings.
注释
Planet fitness opend their 1500 club at the end of 2017, Currently they are over 1600. The CEO told in January 2018 that he had an agreement to open 500 new gyms in the usa and is in debate for the next 500. He also said that he wanted to open 200-300 gyms each year.

So far he is on the right track. If he has over 1650 gym opend when q3 ends this is very positive news for the growth of this company and it's stock price!
注释
PLNT bounced of on major support 45,35
交易开始
TP1 has been successfully reached
注释
PLNT beats expectations of Q3

Expected revenue: 136.66 mil
Beats by 10.55 mil
And is a 40% year over year growth

Eps 0.20 wich has beaten the expectations with 0.01
交易结束:到达目标
TP2 won't be reached in a short time. Close the trade and take your profits :)
交易结束:到达目标
TP 2 IS FILLED! Close your profit and wait for a new entry point.

Their fundamentals are amazing
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