Planet Fitness (NYSE: PLNT) has been quickly growing. Not only have new locations been cutting ribbon, but typical New Year’s resolutions aimed at exercising and getting in shape have propelled total memberships higher as well.
Still, the company’s stock has declined 15% in the last few months and is down 25% from its peak last fall. Here’s a look into what’s going on — and whether it’s time to buy the stock or not.