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NYSE:PLNT - Planet Fitness Stock Price, Forecast & News

$74.48
-1.04 (-1.38 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$74.48
Now: $74.48
$75.96
50-Day Range
$59.77
MA: $67.52
$75.47
52-Week Range
$48.00
Now: $74.48
$81.90
Volume875,672 shs
Average Volume1.41 million shs
Market Capitalization$6.73 billion
P/E Ratio61.05
Dividend YieldN/A
Beta0.67
Planet Fitness, Inc, together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness name. It operates through three segments: Franchise, Corporate-Owned Stores, and Equipment. The Franchise segment is involved in franchising business in the United States, Puerto Rico, Canada, the Dominican Republic, and Panama. The Corporate-Owned Stores segment operates corporate-owned stores in the United States and Canada. Read More…

Industry, Sector and Symbol

Industry Membership sports & recreation clubs
Sub-IndustryN/A
SectorConsumer Discretionary
CUSIPN/A
Phone603-750-0001

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$572.90 million
Cash Flow$1.73 per share
Book Value($4.11) per share

Profitability

Net Income$88.02 million

Miscellaneous

Employees1,302
Market Cap$6.73 billion
Next Earnings Date2/25/2020 (Estimated)
OptionableOptionable

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Planet Fitness (NYSE:PLNT) Frequently Asked Questions

What is Planet Fitness' stock symbol?

Planet Fitness trades on the New York Stock Exchange (NYSE) under the ticker symbol "PLNT."

How will Planet Fitness' stock buyback program work?

Planet Fitness announced that its board has initiated a stock repurchase program on Friday, February 23rd 2018, which authorizes the company to buyback $80,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board believes its stock is undervalued.

How were Planet Fitness' earnings last quarter?

Planet Fitness Inc (NYSE:PLNT) posted its quarterly earnings results on Thursday, November, 7th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.01. The company had revenue of $166.82 million for the quarter, compared to analysts' expectations of $162.26 million. Planet Fitness had a net margin of 16.80% and a negative return on equity of 37.57%. The company's quarterly revenue was up 22.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.28 EPS. View Planet Fitness' Earnings History.

When is Planet Fitness' next earnings date?

Planet Fitness is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Planet Fitness.

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

Planet Fitness issued an update on its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of $1.56-1.56 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.57. The company issued revenue guidance of $$681.74862-681.74862 million, compared to the consensus revenue estimate of $$683.7 million.

What price target have analysts set for PLNT?

12 analysts have issued 12 month target prices for Planet Fitness' stock. Their forecasts range from $60.00 to $90.00. On average, they anticipate Planet Fitness' share price to reach $78.67 in the next year. This suggests a possible upside of 5.6% from the stock's current price. View Analyst Price Targets for Planet Fitness.

What is the consensus analysts' recommendation for Planet Fitness?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Planet Fitness in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Planet Fitness.

Has Planet Fitness been receiving favorable news coverage?

Press coverage about PLNT stock has trended extremely negative recently, InfoTrie reports. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Planet Fitness earned a media sentiment score of -4.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Planet Fitness.

Are investors shorting Planet Fitness?

Planet Fitness saw a decrease in short interest during the month of November. As of November 15th, there was short interest totalling 3,550,000 shares, a decrease of 20.4% from the October 31st total of 4,460,000 shares. Based on an average daily trading volume, of 1,360,000 shares, the short-interest ratio is presently 2.6 days. Approximately 4.4% of the company's stock are sold short. View Planet Fitness' Current Options Chain.

Who are some of Planet Fitness' key competitors?

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), Micron Technology (MU), Paypal (PYPL), Netflix (NFLX), Canopy Growth (CGC), Boeing (BA), Twilio (TWLO), Walt Disney (DIS) and Roku (ROKU).

Who are Planet Fitness' key executives?

Planet Fitness' management team includes the folowing people:
  • Mr. Christopher J. Rondeau, CEO & Director (Age 46)
  • Mr. Dorvin Donald Lively, Pres & CFO (Age 60)
  • Mr. Craig Jeffrey Miller, Chief Digital & Information Officer (Age 58)
  • Mr. Roger Verghis Chacko, Chief Commercial Officer (Age 52)
  • Mr. Justin Vartanian, Gen. Counsel & Sec.

When did Planet Fitness IPO?

(PLNT) raised $202 million in an initial public offering (IPO) on Thursday, August 6th 2015. The company issued 13,500,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan Securities Merrill Lynch, Jefferies and Credit Suisse Securities acted 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 many different of retail and institutional investors. Top institutional shareholders include Pelham Capital Ltd. (1.73%), Eagle Asset Management Inc. (1.49%), Carillon Tower Advisers Inc. (1.34%), Massachusetts Financial Services Co. MA (1.27%), State Street Corp (1.19%) and Artemis Investment Management LLP (1.03%). Company insiders that own Planet Fitness stock include Christopher Rondeau, David P Berg and Dorvin D Lively. View Institutional Ownership Trends for Planet Fitness.

Which institutional investors are selling Planet Fitness stock?

PLNT stock was sold by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., Millennium Management LLC, Carillon Tower Advisers Inc., SG Americas Securities LLC, Russell Investments Group Ltd., TimesSquare Capital Management LLC, Lisanti Capital Growth LLC and First Trust Advisors LP. Company insiders that have sold Planet Fitness company stock in the last year include Christopher Rondeau, David P Berg and Dorvin D Lively. View Insider Buying and Selling for Planet Fitness.

Which institutional investors are buying Planet Fitness stock?

PLNT stock was acquired by a variety of institutional investors in the last quarter, including Squarepoint Ops LLC, Scout Investments Inc., Pelham Capital Ltd., Maverick Capital Ltd., Massachusetts Financial Services Co. MA, State of New Jersey Common Pension Fund D, California Public Employees Retirement System and Handelsbanken Fonder AB. View Insider Buying and Selling for Planet Fitness.

How do I buy shares of Planet Fitness?

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

What is Planet Fitness' stock price today?

One share of PLNT stock can currently be purchased for approximately $74.48.

How big of a company is Planet Fitness?

Planet Fitness has a market capitalization of $6.73 billion and generates $572.90 million in revenue each year. The company earns $88.02 million in net income (profit) each year or $1.22 on an earnings per share basis. Planet Fitness employs 1,302 workers across the globe.View Additional Information About Planet Fitness.

What is Planet Fitness' official website?

The official website for Planet Fitness is http://www.planetfitness.com/.

How can I contact Planet Fitness?

Planet Fitness' mailing address is 4 LIBERTY LANE WEST, HAMPTON NH, 03842. The company can be reached via phone at 603-750-0001 or via email at [email protected]


MarketBeat Community Rating for Planet Fitness (NYSE PLNT)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  473 (Vote Outperform)
Underperform Votes:  252 (Vote Underperform)
Total Votes:  725
MarketBeat's community ratings are surveys of what our community members think about Planet Fitness and other stocks. Vote "Outperform" if you believe PLNT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PLNT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/7/2019 by MarketBeat.com Staff

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