5 gym and fitness stocks in Ge
In light of the return to the gym, the five fitness stocks investors may want to consider this summer are Brunswick Corp. (Before Christ, financial), Planet Fitness Inc. (PLNT, financial), Peloton Interactive Inc. (PTON, financial), Nautilus Inc. (NLS, financial) and Technogym SpA (MIL: TGYM, Financial) according to the GuruFocus All-in-One Screener, a Premium feature.
According to a study by the financial services firm Jefferies Financial Group Inc. (I F, Financial), May traffic to U.S. gyms hit about 83% of January 2020 levels, while online searches for “gyms near me” accelerated in May compared to April. Jefferies also said that research interest in gyms mimics levels normally seen at the start of the New Year, when people make resolutions committing to a healthier lifestyle.
Traffic to gyms returns as states lift Covid-19 restrictions
The research into gym traffic comes days after New York City lifted its Covid-19 restrictions. Additionally, New Jersey Gov. Phil Murphy said on Friday the state had fully vaccinated 4.7 million people statewide, with 77% of the state’s population receiving at least one vaccine, thus shattering Joe Biden’s goal of having at least 70% of the American population at least one injection of vaccine by July 4.
As traffic to gyms returns, investors can look for opportunities in the stock of companies that manufacture gym equipment and offer gym and fitness services. GuruFocus’ all-in-one screening tool allows users to search for investment candidates in a specific industry or sector: for example, gym and fitness stocks are part of the travel industry and Recreation.
Brunswick (Before Christ, Financial) manufactures a wide range of leisure equipment, including fitness equipment through brands such as Life Fitness and Hammer Strength. GuruFocus ranks the profitability of the Mettawa, Ill., Based company as 8 out of 10 on several positive investment signs, which include a high Piotroski F score of 9, a three-year revenue growth rate that surpasses more than 84% of global competitors, and an operating margin that has grown by about 5.7% per year on average over the past five years.
Gurus with holdings in Brunswick include Royce & Associates by Chuck Royce (Trades, Portfolio), Pioneer Investments (Trades, Portfolio) and Point72 Asset Management by Steven Cohen (Trades, Portfolio).
Planet Fitness (PLNT, Financial) franchises and operates fitness centers across the United States GuruFocus ranks the profitability of the Hampton, New Hampshire-based company 6 out of 10: Operating margins surpass global competitors by more than 85% despite net margins and returns on assets slightly exceeding leisure businesses.
Gurus with stakes in Planet Fitness include the Baron funds of Ron Baron (Trades, Portfolio) and Tudor Investment of Paul Tudor Jones (Trades, Portfolio).
platoon (PTON, Financial) operates three interactive fitness platforms: connected fitness products, subscription and others. The company derives most of its revenue from the sale of connected fitness products, which include the sale of exercise bikes, treadmills and related accessories.
GuruFocus ranks the financial strength of the New York-based company 6 out of 10 on the back of a strong Altman Z-score of 8.49, an interest coverage ratio that outperforms over 72% of global competitors and a cash ratio / debt that outperforms 70% of global competitors, despite debt ratios below more than 58% of global travel and leisure companies.
Gurus with large holdings in Peloton include Baillie Gifford (Trades, portfolio), Tiger Global Management of Chase Coleman (Trades, portfolio) and the Harbor Capital Appreciation Fund of Spiros Segalas (Trades, portfolio).
Nautilus (NLS, Financial) designs home fitness equipment through brands such as Bowflex, Schwinn, JRNY and Nautilus. GuruFocus ranks the financial strength of the Vancouver, Washington-based company 8 out of 10 on several positive investment signs, which include a high F Piotroski score of 7, a strong Altman Z score of 5.9, and interest coverage rates. and debt that surpass more than 80% of global competitors.
Technogym (MIL: TGYM, Financial) manufactures fitness equipment and offers a wide range of wellness, exercise and rehabilitation solutions to individuals in Europe and North America. GuruFocus ranks Italian fitness firm’s financial strength and profitability 7 out of 10 on several positive investment signs, including a strong Altman Z-score of 5.05, an interest coverage ratio that surpasses over 76% global competitors, as well as profit margins and returns. that outperform more than 80% of global travel and leisure companies.