Stock Groups

Which Gym Stock is a Better Buy? -Breaking

by Mike Robinson

[ad_1]

© Reuters. Planet Fitness and Life Time: Which Gym Stock Is a Better Investment?

Global health and fitness clubs are expected to expand significantly over the next five-ten years. Today I will compare Planet Fitness (NYSE) and Life Time Group Holdings(LTH), in order to decide which investment is the best. The COVID-19 epidemic has caused the largest disruption to the fitness industry’s history. Twenty-two percent of Gyms and fitness studios in the U.S. were permanently closed to prevent the spread of coronavirus, translating into a loss of $29.2 billion in industry revenue, the National Health & Fitness Alliance (NHFA) reports.

The fitness industry is a promising investment area as the worldwide pandemic subsides. Verified Market Research predicts the world’s health and fitness market to grow at 7.61% per year between 2021-2028, according to Verified. The rising interest in fitness and health clubs is expected to fuel this growth.

Keeping that in mind, today, I’m going to analyze and compare two gym stocks, Planet Fitness (PLNT) and Life Time Group Holdings (LTH). Planet Fitness, along with its subsidiaries was established in 1992. It owns or franchises a number of low-cost gyms across the U.S. Planet Fitness shares have gained 4.8% YTD. Life Time, headquartered in Chanhassen in Minnesota, has over 150 fitness centers that offer resort-like environments in both the U.S.A and Canada. Life Time recently went public and is trading 8.7% higher than the IPO price.

Continue reading on StockNews

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]