So I've been looking at the health and fitness space lately, and there's actually some interesting publicly traded gym companies worth paying attention to if you're looking to diversify your portfolio. The sector's been getting solid tailwinds from people actually caring more about staying healthy these days.

What caught my attention is that the whole health and fitness industry has multiple ways to make money - subscriptions, equipment sales, services, the whole mix. Plus with fitness trackers and wearables becoming mainstream, there's real growth potential here. Sure, competition is fierce and consumer spending can get squeezed during downturns, but the long-term trend seems solid.

I came across three stocks that analysts have been getting more bullish on recently. Let me break down what I found.

First up is American Well (AMWL). This is basically a software platform for hybrid healthcare - they've got this Converge platform that lets providers do in-person, virtual, and automated care. They also sell physical devices for clinical settings. The numbers are interesting - revenue expected to grow around 2% but earnings looking at 72.4% growth for that year. Analysts had been revising earnings estimates up about 4.5% over a week, and the average price target was showing like 99% upside from where it was trading around $10. Pretty wild range on the targets though, from $9 to $66.

Then there's Peloton (PTON). You probably know them - connected fitness products, the bikes and treadmills everyone was talking about. They sell direct through their site and retail partners. Revenue growth was tracking around 4.3% with earnings at 57%, and here's the thing - earnings estimates got revised up 24.4% over 60 days. Price target showed about 18.8% upside from $4.72, with targets ranging $2.50 to $20.

Last one is Planet Fitness (PLNT). This is the franchise model - they run gym centers across North America and a few other markets. They've got corporate-owned locations and franchisees. The growth here is more modest - 6% revenue, 8.9% earnings - but it's steady. Earnings estimates barely moved, up just 0.4%, and price targets showed 7.9% upside from $80.45, ranging $70-$100.

What's interesting about these publicly traded gym companies is they all had positive analyst revisions in that 60-day window, which usually means people are seeing something worth getting excited about. Each carried a Zacks Rank 2 rating at that time.

The fitness industry keeps evolving with new technology and changing consumer habits, so if you're thinking about exposure to the wellness trend, these three cover different angles - digital healthcare, connected fitness, and traditional gym franchising. Worth looking into if that sector fits your investment thesis.