In fact, there are a variety of fitness stocks that both can benefit from the rising trend and don’t require strict social distancing measures. Here are seven to have on your watch list: Nike (NYSE: NKE) Peloton (NASDAQ: PTON) Lululemon (NASDAQ: LULU) Under Armour (NYSE: UA, NYSE: UAA)
| Company | Market Capitalization |
|---|---|
| Planet Fitness (NYSE:PLNT) | $7 billion |
| Peloton (NASDAQ:PTON) | $9 billion |
| Nautilus (NYSE:NLS) | $160 million |
| Lululemon Athletica (NASDAQ:LULU) | $41 billion |
Should you buy gym and fitness club stocks right now?
While it may seem like a slam dunk to buy gym and fitness club stocks, there are many options that have less risk right now. In fact, there are a variety of fitness stocks that both can benefit from the rising trend and don’t require strict social distancing measures.
What are the best fitness stocks to buy?
7 Fitness Stocks That Will Give Your Portfolio Some Muscle 1 Fitness Stocks to Buy: Nike (NKE) 2 Peloton (PTON) 3 Lululemon (LULU) 4 Under Armour (UA) 5 BellRing (BRBR) 6 Hormel Foods (HRL) 7 Fitbit (FIT) More ...
Is planet Fitness the next health and fitness stock to buy?
Planet Fitness is the next health and fitness stock to buy. A recent well-received earnings beat vaulted shares of the national fitness club chain into the right side of a monthly base. That’s a step in the right direction.
What are the top 3 fitness clubs in La?
1 #1: LA Fitness. LA Fitness Club Tour. Watch later. Watch on. Motto: To be able to provide the means and motivation for people of all ages, shapes, and ... 2 #2: 24 Hour Fitness. 3 #3: Anytime Fitness LLC.
Does Lifetime fitness have stock?
Stock Quote (U.S.: NYSE) | MarketWatch....$ 13.13.CloseChgChg %$13.130.251.94%
Is Planet Fitness publicly traded?
As Planet Fitness stock's slide continued in early March, CEO Chris Rondeau began making the first open-market purchases of stock since the company went public in 2015.
Is Planet Fitness a good stock buy?
Planet Fitness has received a consensus rating of Moderate Buy. The company's average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings.
Is Crossfit on the stock market?
The International Securities Identification Number (ISIN) of Straumann N is CH0012280076. CrossFit is part of the Medical Devices & Instruments activity sector....Stock market history Straumann N (CrossFit)XPriceMay 12, 2022110.85May 11, 2022112.35May 10, 2022107.5May 9, 2022103.75218 more rows
Are there any publicly traded gyms?
1. Planet Fitness. Planet Fitness (NYSE:PLNT) operates a chain of ultra-low-cost gyms with monthly fees as low as $10. With more than 2,000 locations, the company prides itself on being inclusive of all fitness levels.
Is Gold's gym a public company?
Gold's Gym is privately owned. It was acquired from its previous owner, private equity firm Brockway Moran & Partners, by Robert Rowling's TRT Holdings in 2004 for approximately $158 million.
Who owns GoodLife fitness?
Patchell Holdings Inc.GoodLife Fitness / Parent organization
Is Crunch Fitness publicly traded?
Crunch Fitness is a U.S.-based brand of over 400 franchised and corporate owned fitness clubs located in the United States, Canada, Spain, Portugal, Costa Rica, and Australia....Crunch Fitness.Trade nameCrunch FitnessTypeFranchiseIndustryHealth clubFounded1989FounderDoug Levine7 more rows
Is Orangetheory a public company?
Orangetheory Fitness was ranked #415 in Inc. magazine's "Fastest-Growing Private Companies" list and #255 in Entrepreneur magazine's 2016 "Franchise 500" list of top franchises in the world. Its position on the "Franchise 500" rose to #25 in 2019 and #43 in 2020.
How do you invest in fitness?
How To Invest Your Money The Right Way In The Fitness IndustryStart A Fitness Franchise. ... Become A Personal Chef. ... Selling Fitness Products. ... Become A Health Coach. ... Create A Health And Fitness Blog. ... Become A Physical Therapist.
Is Lifetime fitness going public?
6, 2021 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time") announced today the pricing of its initial public offering of 39,000,000 shares of its common stock, at a public offering price of $18.00 per share.
What is fitbit stock?
6.93. 6.93. 52-Week Range 5.85 - 7.34.
Why has Nike managed such a swift recovery?
Why has Nike managed such a swift recovery? It is, in large part, because the company has the best distribution channel of the athletic wear companies. It has a fantastic online presence, and it leads the pack with its app and other direct-to-consumer avenues.
Why did Bellring stock fall?
BellRing stock fell pretty sharply during the March crash. That’s because it has a lot of debt, and investors dumped highly levered companies.
Why is Nike a good pick?
In fact, Citigroup recently highlighted Nike as a strong pick precisely because of its best-in-class direct-to-consumer capabilities. This has allowed it to keep business moving swiftly amid the novel coronavirus. With stores closed, Nike has been able to take share from rivals that don’t have the same online presence.
Is Peloton a good stock to buy?
In general, however, the safe bet is to assume that a substantial chunk of newly converted Peloton devotees will remain loyal for awhile. Peloton is probably not a stock you want to buy and hold forever. But as a trade in the fitness stocks space, the bulls have the advantage here.
Is Peloton a controversial stock?
This one is a controversial name in the fitness space. Some traders absolutely love Peloton stock. It certainly performed well over the past few months when most other stocks were crashing.
Will fitness stocks recover?
Not all fitness stocks will enjoy an equal recovery , however. Actual gyms may remain under pressure a little while longer — at least until we see if a second wave of the virus forms later this year or not.
Is Nike a bear market stock?
Nike has been one of the best blue-chip stocks of the recent bear market. Yes, Nike fell from $105 to $60 per share during the crash. But now, it’s already well past $100 and seemingly headed to new all-time highs in the near future.
Is Planet Fitness publicly traded?
One last tip: Sozzi thinks smaller, cheaper gyms, like Planet Fitness, are soon-to-be very smart investments. Most of these companies are not yet publically traded, though, so keep your ears open for news on when they might be! Get ready to watch your wallet grow as your waistline shrinks. By Caitlin Carlson.
Do you need gym memberships if you are new to exercise?
But here's something you may not have thought about: If you're new to exercise, or just wanting to give yourself some renewed motivation, you'll need new gear, and maybe even a gym membership. And so will all your gym companions. This surplus in new exercisers means an increase in dollars being poured into businesses like shoe and apparel companies, fitness tech companies, and more, says Brian Sozzi, Special Features Correspondent for The Street, a digital financial media company.
What is the name of the company that makes exercise equipment?
7. Nautilus (NLS) As another maker of exercise equipment, Nautilus is notably one of Peloton’s direct competitors for at-home customers. The company has been offering a wide variety of cardio machines and other exercise equipment since its founding in 1986, selling to both the consumer and commercial markets.
Is health and fitness stock succeeding?
Health and fitness stocks are succeeding during the pandemic.
Does Peloton have a treadmill?
Peloton has risen to fame for its exercise bike that comes with a screen that allows you to participate in online classes. The company is now launching its treadmill built along the same concept at just the right time to capture an at-home audience.
How much does a gym membership cost?
Let’s start with a quick note about money: The average monthly fee for a gym membership is $55, according to Club Intel, an industry report. But that’s not a typical membership fee.
What is crunch fitness?
Crunch gives its members a mix of just about everything they might want in a fitness club: Along with the standard strength and cardio equipment you'll find at most chains, there are also personal training, small group training, and specialized group fitness classes (like our own 30-in-30 anniversary class) available.
How many clubs does the chain of clubs have?
This chain, with more than 400 clubs in 13 states, elicited the broadest range of opinions from readers. A reader based in Los Angeles, who said he’s been a member “virtually forever,” offered this critique:
Does Planet Fitness allow deadlifts?
So a chain like Planet Fitness, which discourages heavy lifting and in most locations doesn’t allow barbell squats or deadlifts, is out. (Although you can still get a decent workout at a gym like that. Here’s how ).
Is Gold's Gym ranked high in customer satisfaction?
Gold’s Gym has ranked highest in customer satisfaction in two consecutive J.D. Power surveys. I’d guess that the increasingly competitive market has weeded out the substandard franchises. The newer locations, according to the readers who shared their experiences, are great places to lift.
Can a bad gym environment ruin a workout?
Goals are great—we all want gains and the positives that come along with them—but making sure that the gym you frequent is up to par is just as important as choosing your plan. It doesn’t take much to make a bad gym, or ...
Does Gold's have more than one gym?
Readers shared similar experiences. Because most Gold’s locations are franchises, and many franchisees own more than one gym, what you get for your membership will be very different from one area to the next. It might be the nicest gym in town, or an embarrassment, or anything in between.
How many stores does Vitamin Shoppe have?
Top peer, Vitamin Shoppe, only has around 700 stores. GNC has a notable tailwind beyond just an increase in health awareness. The aging population should help boost demand for supplements. There’s also plenty of room to grow internationally with the help of franchising.
How much dividend does Nike pay?
Nike pays a 1.3% dividend yield and has a very reasonable debt-to-equity ratio of 13%. Its return on investment is right up there with Lululemon as one of the best in the industry at just under 20%.
How many stores does Foot Locker have?
Foot Locker sells footwear across 3,500 stores in a number of countries. Compare that to Finish Line, which has under a 1,000 stores. Beyond just expanding its footprint and shutting down underperforming stores, Foot Locker is also remodeling stores. Foot Locker pays a 1.8% dividend yield and it has negligible debt.
What is thematic investing?
Thematic investing is a tried and true way of capitalizing on broad, fast moving trends. The latest trend is in healthy and active living. There are multiple ways to play this the health/fitness market, with the best being the top 5 fitness stocks to buff up your portfolio.
Does Foot Locker pay dividends?
Foot Locker pays a 1.8% dividend yield and it has negligible debt. Back in early 2013, Foot Locker bought Runners Point, which gave it an even larger presence in the running market. Runners Point only operates around 200 stores across Europe, leaving plenty of room for Foot Locker to expand its European business.
Is Nike a shoe company?
Nike is Foot Locker’s primary supplier, and a global apparel and footwear company. Nike remains the global leader in footwear. Its recent round of price hikes should help drive margins higher in the interim. The company’s futures orders (orders out several months in advance) were up 12% year-over-year last fiscal quarter. In one of the largest footwear markets in the world, China, Nike is looking to right size its business. It’s dropping underperforming retail partners and shifting excess inventory to other markets.
What is boutique gym?
A boutique fitness club is essentially a small gym (under 4,000 square feet) that specializes in group exercise, particularly in one or two areas.
How much does a multi location gym cost?
These average-cost multi-location gyms are chain gyms and franchises that cost approximately $25-$60 per month to use. Some of these gyms require memberships while others are not contract-based. Many of these locations are multi-purpose and tend to offer weight training and cardio equipment, typically in a medium to a large setting. Some of them also offer other amenities like group fitness classes and personal training (for an added cost).
What is 24 hour fitness?
In 2018, 24 Hour Fitness launched a behavior change program and research study to understand the psychology of motivation. This program named the 28-day StepUp program was in collaboration with the University of Pennsylvania’s Behavior Change for Good Initiative (BCGI).
How many clubs does LA Fitness have?
Today, LA Fitness has over 700 clubs across America. Club Industry has ranked LA Fitness as its top spot on its list, “Top 100 Clubs since 2013.”.
Why does 80-85% of the population not belong to a gym?
Founded in 1992, the owners of Planet Fitness sought to answer the question “Why does 80-85% of the population not belong to a gym?” The answer was twofold: potential gym-goers felt uncomfortable as beginners and they didn’t want to have to pay a lot of money to give fitness a try.
What is the editorial team at Exercise.com?
Editorial Guidelines: The Editorial Team at Exercise.com is dedicated to providing fair, unbiased information about the fitness industry. We update our site regularly and all content is reviewed by credentialed fitness experts.
Where is crunch located?
Crunch started as a small basement studio in New York City’s East Village in 1989 and reported $173 million in revenue in 2017. The company began franchising in 2010 and was named to Entrepreneur’s 2017 Top Global Franchises list.
Fitness Stocks to Buy : Peloton (PTON)
Peloton is the first of our health and fitness stocks to buy. PTON stock has its share of skeptics like InvestorPlace’s Dana Blankenhorn. Yet the indoor cycling startup and recent IPO has put together a bullish two-month long cup-shaped base. And in the face of all the public criticism, that’s worth paying attention too.
Planet Fitness (PLNT)
Planet Fitness is the next health and fitness stock to buy. A recent well-received earnings beat vaulted shares of the national fitness club chain into the right side of a monthly base. That’s a step in the right direction. And there’s more too.
WW International (WW)
Formerly known as Weight Watchers, WW International is the last of our health and fitness stocks to buy. The weight management services company, backed by Oprah, is a mover and shaker as the weekly price chart of WW stock reveals. It also shows a platform for shares to jump higher in 2020.
How many fitness companies filed for bankruptcy in 2020?
These are the seven fitness and sporting goods companies that have filed for bankruptcy so far in 2020. Visit Business Insider Premium for more stories about the changing face of fitness. The coronavirus outbreak has wreaked havoc on nearly every sector of the retail industry — including fitness and sporting goods.
Is Flywheel Sports going bankrupt?
Flywheel Sports filed for Chapter 7 bankruptcy on September 15 in an announcement that called for the permanent closure of all 42 of its spin studios around the country. The company had originally laid off 98% of its staff temporarily in March as a result of the financial strain from the pandemic, and closed locations to prevent the spread of the virus.
Is Gold's Gym going bankrupt?
A Gold's Gym location during the pandemic. A growing number of fitness and sporting goods companies are filing for bankruptcy, as the coronavirus pandemic continues to upend the entire retail industry. Brands listed failed to recover from temporary government-mandated closures to gyms and indoor fitness facilities earlier this year.
Is Cyc Fitness in bankruptcy?
Delaware-based Cyc Holdings, the owner of the indoor cycling chain Cyc Fitness, filed for Chapter 11 bankruptcy protection on October 14. Like several other fitness companies, Cyc Fitness took a hit from closing its studios to prevent the spread of the coronavirus.
Is YogaWorks going bankrupt?
YogaWorks. After first announcing plans to close all of its New York City studios in April, YogaWorks filed for Chapter 11 bankruptcy protection on October 14. As part of the filing, the California-based company will permanently shutter all 55 of its locations nationwide.
Is there a bankruptcy for fitness companies?
A growing number of fitness companies have filed for Chapter 7 or Chapter 11 bankruptcy in recent months, after failing to recover from temporary government-mandated closures to gyms and indoor fitness facilities intended to prevent the spread of the disease . Each of these companies also join a rapidly expanding list of retail bankruptcies so far ...
Is 24 Hour Fitness going bankrupt?
24 Hour Fitness. 24 Hour Fitness filed for Chapter 11 bankruptcy in June, announcing at the time that it would permanently shutter 130 of its gym locations in the US. "If it were not for COVID-19 and its devastating effects, we would not be filing for Chapter 11," 24 Hour Fitness CEO Tony Ueber said in a statement.
