NYSE:PLNT

Planet Fitness (PLNT) Stock Price, News & Analysis

$60.27
+0.39 (+0.65%)
(As of 04:10 PM ET)
Today's Range
$59.84
$60.76
50-Day Range
$56.48
$67.64
52-Week Range
$44.13
$84.48
Volume
1.49 million shs
Average Volume
1.66 million shs
Market Capitalization
$5.31 billion
P/E Ratio
37.20
Dividend Yield
N/A
Price Target
$71.00

Planet Fitness MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
17.2% Upside
$71.00 Price Target
Short Interest
Bearish
7.16% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.17
Upright™ Environmental Score
News Sentiment
0.83mentions of Planet Fitness in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.52%
From $2.48 to $2.84 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.38 out of 5 stars

Consumer Discretionary Sector

49th out of 267 stocks

Membership Sports & Recreation Clubs Industry

1st out of 3 stocks

PLNT stock logo

About Planet Fitness Stock (NYSE:PLNT)

Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. The company operates through three segments: Franchise, Corporate-Owned Stores, and Equipment. The company is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. It engages in the sale of fitness equipment to franchisee-owned stores in the United States, Canada, and Mexico. In addition, the company operates corporate-owned stores in the United States and Canada. Planet Fitness, Inc. was founded in 1992 and is headquartered in Hampton, New Hampshire.

PLNT Stock Price History

PLNT Stock News Headlines

Move Your Money Before May 22
The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals.
Move Your Money Before May 22
The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals.
Planet Fitness Taps Colleen Keating as New CEO
Planet Fitness Stock Is Dropping. It Hired a New CEO.
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
4/26/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Membership sports & recreation clubs
Sub-Industry
N/A
Fax
N/A
Employees
2,795
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$71.00
High Stock Price Target
$89.00
Low Stock Price Target
$45.00
Potential Upside/Downside
+18.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
14 Analysts

Profitability

Net Income
$138.31 million
Pretax Margin
19.37%

Debt

Sales & Book Value

Annual Sales
$1.07 billion
Cash Flow
$3.93 per share
Book Value
($1.35) per share

Miscellaneous

Free Float
82,932,000
Market Cap
$5.28 billion
Optionable
Optionable
Beta
1.39
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PLNT Stock Analysis - Frequently Asked Questions

Should I buy or sell Planet Fitness stock right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Planet Fitness in the last year. There are currently 5 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PLNT shares.
View PLNT analyst ratings
or view top-rated stocks.

What is Planet Fitness' stock price target for 2024?

14 Wall Street analysts have issued 12 month price objectives for Planet Fitness' shares. Their PLNT share price targets range from $45.00 to $89.00. On average, they predict the company's share price to reach $71.00 in the next twelve months. This suggests a possible upside of 17.2% from the stock's current price.
View analysts price targets for PLNT
or view top-rated stocks among Wall Street analysts.

How have PLNT shares performed in 2024?

Planet Fitness' stock was trading at $73.00 at the start of the year. Since then, PLNT stock has decreased by 17.0% and is now trading at $60.56.
View the best growth stocks for 2024 here
.

When is Planet Fitness' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our PLNT earnings forecast
.

How can I listen to Planet Fitness' earnings call?

Planet Fitness will be holding an earnings conference call on Thursday, May 9th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 609-800-9909 with passcode "10943".

How were Planet Fitness' earnings last quarter?

Planet Fitness, Inc. (NYSE:PLNT) released its quarterly earnings data on Thursday, February, 22nd. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.58 by $0.02. The company had revenue of $285.10 million for the quarter, compared to analyst estimates of $282.35 million. Planet Fitness had a net margin of 12.91% and a negative trailing twelve-month return on equity of 120.89%. The company's revenue was up 1.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.53 earnings per share.

What ETFs hold Planet Fitness' stock?
What guidance has Planet Fitness issued on next quarter's earnings?

Planet Fitness updated its FY24 earnings guidance on Thursday, February, 22nd. The company provided earnings per share (EPS) guidance of $2.46-2.49 for the period, compared to the consensus estimate of $2.50. The company issued revenue guidance of ~$1.136-1.146 billion, compared to the consensus revenue estimate of $1.16 billion.

What is Chris Rondeau's approval rating as Planet Fitness' CEO?

615 employees have rated Planet Fitness Chief Executive Officer Chris Rondeau on Glassdoor.com. Chris Rondeau has an approval rating of 68% among the company's employees.

What other stocks do shareholders of Planet Fitness own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Planet Fitness investors own include NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS), Micron Technology (MU), PayPal (PYPL), Advanced Micro Devices (AMD), Tesla (TSLA), Salesforce (CRM), JPMorgan Chase & Co. (JPM) and Netflix (NFLX).

When did Planet Fitness IPO?

Planet Fitness (PLNT) raised $202 million in an initial public offering on Thursday, August 6th 2015. The company issued 13,500,000 shares at $14.00-$16.00 per share. J.P. Morgan Securities Merrill Lynch, Jefferies and Credit Suisse Securities served as the underwriters for the IPO and Guggenheim Securities, Baird, William Blair, Piper Jaffray and Cowen and Company were co-managers.

Who are Planet Fitness' major shareholders?

Planet Fitness' stock is owned by a number of retail and institutional investors. Top institutional investors include Bank of New York Mellon Corp (2.94%), WCM Investment Management LLC (0.27%), Allspring Global Investments Holdings LLC (0.25%), Osborne Partners Capital Management LLC (0.16%), Tran Capital Management L.P. (0.15%) and Fifth Third Bancorp (0.14%). Insiders that own company stock include Brian O'donnell, Christopher Rondeau, Craig R Benson, Dorvin D Lively, Jennifer Simmons, Jeremy Tucker, Thomas J Fitzgerald III and William Bode.
View institutional ownership trends
.

How do I buy shares of Planet Fitness?

Shares of PLNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PLNT) was last updated on 4/26/2024 by MarketBeat.com Staff

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