Planet Fitness’ (NYSE:PLNT) $10-per-month memberships and non-intimidating atmosphere are proving popular with gym-goers, which, in turn, is driving robust revenue and earnings growth. The company reported first-quarter results this week.
Planet Fitness results: The raw numbers
Earnings per share
Data source: Planet Fitness Q1 2018 earnings press release.
What happened with Planet Fitness this quarter?
Planet Fitness’ systemwide same-store sales maintained their torrid rate of growth, rising a blistering 11.1%. Combined with the nearly 200 new stores Planet Fitness opened during the past year — including 47 locations in the first quarter — this helped to fuel a 33.2% rise in total revenue, to $121 million.
Top 5 Tech Stocks To Buy Right Now: ManpowerGroup(MAN)
ManpowerGroup Inc. is a world leader in innovative workforce solutions and services. Our global network of over 2,900 offices in 80 countries and territories allows us to meet the needs of our global, multinational and local clients across all major industry segments. We develop solutions that drive organizations forward, accelerate individual success and help build more sustainable communities. We power the world of work. By offering a comprehensive range of workforce solutions and services, we help companies at varying stages in their evolution increase productivity, improve strategy, quality and efficiency, and reduce costs across their workforce to achieve their business goals. Advisors’ Opinion:
- [By Max Byerly]
Macquarie downgraded shares of ManpowerGroup (NYSE:MAN) from an outperform rating to a neutral rating in a report issued on Tuesday morning, Marketbeat Ratings reports. Macquarie currently has $91.00 target price on the business services provider’s stock.
- [By Joseph Griffin]
ManpowerGroup Inc. (NYSE:MAN) EVP Mara E. Swan sold 11,192 shares of ManpowerGroup stock in a transaction on Friday, August 31st. The shares were sold at an average price of $93.77, for a total value of $1,049,473.84. Following the completion of the sale, the executive vice president now directly owns 13,493 shares of the company’s stock, valued at approximately $1,265,238.61. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
- [By Logan Wallace]
Kelly Services, Inc. Class A (NYSE: MAN) and ManpowerGroup (NYSE:MAN) are both business services companies, but which is the better investment? We will compare the two companies based on the strength of their dividends, institutional ownership, valuation, risk, analyst recommendations, earnings and profitability.
- [By Ethan Ryder]
GAM Holding AG reduced its stake in ManpowerGroup Inc. (NYSE:MAN) by 21.0% during the 2nd quarter, HoldingsChannel reports. The fund owned 9,747 shares of the business services provider’s stock after selling 2,588 shares during the quarter. GAM Holding AG’s holdings in ManpowerGroup were worth $839,000 as of its most recent SEC filing.
Top 5 Tech Stocks To Buy Right Now: ACI Worldwide, Inc.(ACIW)
ACI Worldwide, Inc. develops, markets, installs, and supports software products and services for facilitating electronic payments worldwide. It offers products and services covering various domains within the payments and banking marketplace, including online banking and cash management that manages payments and cash flows through the online or mobile channel; managing and processing monetary, non monetary, sales, and account origination financial transactions; and managing trade related transaction types. The companys products also cover domains, such as community financial services, including online and mobile banking and payment systems, and security solutions; software to support in house issuance of payment instruments and management of a consumer payment from transaction acquiring to settlement; transaction banking payments that manage corporate payments and messages through their lifecycle; and management of a consumer payment within a retailer and management of store, and gift card and loyalty programs. In addition, its products cover payments risk management, which secures payments against fraud and money laundering; and payment infrastructure to operate and optimize the payments system. Further, the company offers bill presentment and payment collection services to tax authorities, higher education, utilities, and health care providers, as well as provides implementation, product support, technical, educational, testing, expert services consultancy, and facilities management services; and distributes or acts as a sales agent for software developed by third parties. ACI Worldwide sells its products under the ACI Worldwide and ACI Universal Payment Systems brand names. It serves financial institutions; electronic payment processors; and retailers. The company was formerly known as Transaction Systems Architects, Inc. and changed its name to ACI Worldwide, Inc. in July 2007. ACI Worldwide, Inc. was founded in 1993 and is headquartered in Naples, Florida.
- [By Motley Fool Transcribing]
ACI Worldwide (NASDAQ:ACIW) Q4 2018 Earnings Conference CallFeb. 28, 2019 8:30 a.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Ethan Ryder]
Dupont Capital Management Corp purchased a new position in shares of ACI Worldwide Inc (NASDAQ:ACIW) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 9,682 shares of the technology company’s stock, valued at approximately $268,000.
- [By Logan Wallace]
Dimensional Fund Advisors LP raised its position in ACI Worldwide Inc (NASDAQ:ACIW) by 3.0% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 3,064,281 shares of the technology company’s stock after purchasing an additional 88,855 shares during the period. Dimensional Fund Advisors LP’s holdings in ACI Worldwide were worth $75,596,000 at the end of the most recent quarter.
Top 5 Tech Stocks To Buy Right Now: Advanced Semiconductor Engineering, Inc.(ASX)
Advanced Semiconductor Engineering, Inc., incorporated on March 23, 1984, is a provider of semiconductor packaging and testing services. The Company offers a range of semiconductors packaging, testing and electronic manufacturing services (EMS). The Company’s segments include Packaging, Testing, EMS and Others. The Company provides services in packaging bare semiconductors into finished semiconductors with a range of electrical and thermal characteristics, as well as testing services, including front-end engineering testing, wafer probing and final testing services. It also sells goods from EMS. The Company engages in other activities, such as substrate production and real estate business.
The Company offers a range of package types to meet the requirements of its customers, including flip-chip ball grid array (BGA), flip-chip chip scale package (CSP), advanced chip scale packages (aCSP), quad flat packages (QFP), thin quad flat packages (TQFP), bump chip carrier (BCC), quad flat no-lead (QFN) packages, advanced QFN (aQFN) and Plastic BGA. In addition, the Company provides three dimensional (3D) chip packages, such as MAP package on package (POP) and aMAP POP (advanced, laser ablation type). It also offers other forms of stacked die solutions in various package types, such as stacked die QFN and hybrid BGAs containing stacked wire bond. It also provides automotive product development and production using copper wire in its services to customers. In addition, the Company offers the fan-out wafer-level packaging (FOWLP) solution for radar products. The Company provides integrated circuit (IC) wirebonding, including leadframe-based packages and substrate-based packages. It assembles system-in-package (SiP) products, which involve the integration of a one chip into the same package. Its end-use applications for modules include cellular phones, wireless local area network (LAN) applications, Bluetooth applications, camera modules, automotive applications, toys, ! networking, storage and power management. The Company produces substrates for use in its packaging operations.
The Company provides front-end engineering testing services, including customized software development, electrical design validation, and reliability and failure analysis. The Company conducts final tests of a range of logic/mixed-signal/radio frequency (RF)/(2.5D/3D) module and SiP/micro-electromechanical systems (MEMS)/discrete semiconductors. The Company provides a range of additional test-related services, such as electric interface board and mechanical test tool design, program conversion, program efficiency improvement, burn-in testing, module and SiP testing, and tape and reel. It offers drop shipment services for shipment of semiconductors directly to end users designated by its customers.
Electronic Manufacturing Services
The Company provides integrated solutions for electronic manufacturing services in relation to computers, peripherals, communications, industrial, automotive, and storage and server applications. The Company’s products and services in this category include computers, such as motherboards for server and desktop personal computer (PC), peripheral, port replicator, network attached storage and technical services; communications, such as wireless fidelity (Wi-Fi) and SiP; consumer products, such as control boards for flat panel devices and SiP; automotive electronics, such as automotive electronic manufacturing services, car light emitting diode (LED) lighting, regulator/rectifier, and industrial products, such as point-of-sale systems and smart handheld devices.
The Company competes with Hon Hai Precision Ind. Co., Ltd.
- [By Money Morning News Team]
ASE Technology Holding Co. Ltd. (NYSE: ASX), a semiconductor firm, has outstanding earnings and growth potential that should propel the shares upward.
- [By Logan Wallace]
ASE Technology (NYSE:ASX) and Magnachip Semiconductor (NYSE:MX) are both computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, profitability, risk, analyst recommendations, dividends, institutional ownership and valuation.
- [By Joseph Griffin]
LDK Solar (OTCMKTS:LDKYQ) and ASE Technology (NYSE:ASX) are both oils/energy companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, dividends, profitability, risk and valuation.
Top 5 Tech Stocks To Buy Right Now: Illinois Tool Works Inc.(ITW)
Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. It operates through seven segments: Automotive OEM; Test & Measurement and Electronics; Food Equipment; Polymers & Fluids; Welding; Construction Products; and Specialty Products. The Automotive OEM segment produces components and fasteners for automotive-related applications. The Test & Measurement and Electronics segment provides equipment, consumables, and related software for testing and measuring of materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Food Equipment segment offers commercial food equipment and related services. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Welding segment produces arc welding equipment, consumables, and accessories for various industrial and commercial applications. The Construction Products segment produces engineered fastening systems and solutions. The Specialty Products segment provides beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. The company distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is headquartered in Glenview, Illinois.
- [By Shane Hupp]
ILLEGAL ACTIVITY NOTICE: “Illinois Tool Works Inc. (ITW) Holdings Trimmed by Checchi Capital Advisers LLC” was reported by Ticker Report and is the property of of Ticker Report. If you are accessing this news story on another website, it was illegally stolen and republished in violation of US & international trademark & copyright laws. The legal version of this news story can be accessed at https://www.tickerreport.com/banking-finance/4163066/illinois-tool-works-inc-itw-holdings-trimmed-by-checchi-capital-advisers-llc.html.
- [By Max Byerly]
In other Illinois Tool Works news, insider Sundaram Nagarajan sold 18,651 shares of the firm’s stock in a transaction that occurred on Monday, February 4th. The stock was sold at an average price of $137.75, for a total transaction of $2,569,175.25. Following the completion of the sale, the insider now owns 44,954 shares in the company, valued at approximately $6,192,413.50. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP John R. Hartnett sold 14,500 shares of the firm’s stock in a transaction that occurred on Tuesday, February 5th. The shares were sold at an average price of $137.00, for a total value of $1,986,500.00. Following the sale, the executive vice president now owns 29,448 shares of the company’s stock, valued at approximately $4,034,376. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 200,772 shares of company stock valued at $26,864,670. 0.82% of the stock is owned by insiders.
TRADEMARK VIOLATION NOTICE: “River Road Asset Management LLC Takes $39.01 Million Position in Illinois Tool Works Inc. (ITW)” was originally posted by Ticker Report and is the sole property of of Ticker Report. If you are accessing this article on another website, it was copied illegally and republished in violation of US and international copyright and trademark laws. The legal version of this article can be viewed at https://www.tickerreport.com/banking-finance/4151977/river-road-asset-management-llc-takes-39-01-million-position-in-illinois-tool-works-inc-itw.html.
About Illinois Tool Works
- [By Max Byerly]
COPYRIGHT VIOLATION WARNING: “Guardian Investment Management Has $1.85 Million Holdings in Illinois Tool Works Inc. (ITW)” was originally reported by Ticker Report and is the sole property of of Ticker Report. If you are reading this article on another site, it was copied illegally and republished in violation of international trademark & copyright law. The original version of this article can be accessed at https://www.tickerreport.com/banking-finance/4151986/guardian-investment-management-has-1-85-million-holdings-in-illinois-tool-works-inc-itw.html.
- [By Lee Samaha]
Suffice to note that Welbilt stock also had a strong month and other companies with segments exposed to the food sector, such as Dover (NYSE:DOV) and Illinois Tool Works (NYSE:ITW), had pretty good months as well.
Top 5 Tech Stocks To Buy Right Now: Aerohive Networks, Inc.(HIVE)
Aerohive Networks, Inc. and together with its subsidiaries (“Aerohive Networks,” “Aerohive,” “Company,” “we,” “us,” and “our”) has designed and developed a leading cloud networking and enterprise Wi-Fi solution that enables our customers to use the power of Wi-Fi, cloud, analytics and applications to transform how they serve their customers. Our products include Wi-Fi access points, routers and switches required to build an edge-access network; a cloud services platform for centralized management, data collection and analytics; and applications that leverage the network to provide additional capabilities to the business and IT organization. Together, these products, service platforms and applications create a simple, scalable, and secure solution to deliver a better connected experience. Customers around the world, from Fortune 500 businesses to small schools, have chosen our products. Advisors’ Opinion:
- [By ]
Our Biggest Loser… And A Bunch Of Big Wins
Our biggest loser was back in January when we closed out of small communications equipment firm Aerohive Networks (Nasdaq: HIVE). On January 17, the company made a statement about its upcoming fourth-quarter earnings release, warning that revenue would likely be near the lower end of its guidance range. Investors didn’t take kindly to the news and sent shares tumbling by roughly 30%… well below our 15% trailing stop-loss. We ended up closing out with a 35% loss on the trade.
- [By Max Byerly]
Leidos (NYSE: LDOS) and Aerohive Networks (NYSE:HIVE) are both aerospace companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, earnings, valuation, profitability, risk and dividends.