Most-Downgraded StocksMost-DowngradedNYSE:PLNT Planet Fitness (PLNT) Stock Forecast, Price & News $46.71 +0.29 (+0.62%) (As of 09/20/2023 ET) Add Compare Share Share Today's Range$46.36▼$47.4550-Day Range$46.41▼$69.0752-Week Range$45.58▼$85.90Volume3.27 million shsAverage Volume1.99 million shsMarket Capitalization$4.12 billionP/E Ratio31.78Dividend YieldN/APrice Target$71.94 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Planet Fitness MarketRank™ ForecastAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside54.0% Upside$71.94 Price TargetShort InterestHealthy5.32% of Shares Sold ShortDividend StrengthN/ASustainability-1.17Upright™ Environmental ScoreNews Sentiment0.51Based on 52 Articles This WeekInsider TradingN/AProj. Earnings Growth17.43%From $2.18 to $2.56 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.32 out of 5 starsConsumer Discretionary Sector5th out of 269 stocksMembership Sports & Recreation Clubs Industry1st out of 3 stocks 4.4 Analyst's Opinion Consensus RatingPlanet Fitness has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 11 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $71.94, Planet Fitness has a forecasted upside of 54.0% from its current price of $46.71.Amount of Analyst CoveragePlanet Fitness has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted5.32% of the outstanding shares of Planet Fitness have been sold short.Short Interest Ratio / Days to CoverPlanet Fitness has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Planet Fitness has recently decreased by 11.84%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldPlanet Fitness does not currently pay a dividend.Dividend GrowthPlanet Fitness does not have a long track record of dividend growth. Previous Next 4.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePlanet Fitness has received a 67.23% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Fitness club services", "Face-to-face personal training", and "Fitness applications" products. See details.Environmental SustainabilityThe Environmental Impact score for Planet Fitness is -1.17. Previous Next 2.5 News and Social Media Coverage News SentimentPlanet Fitness has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 52 news articles for Planet Fitness this week, compared to 7 articles on an average week.Search InterestOnly 3 people have searched for PLNT on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.MarketBeat Follows9 people have added Planet Fitness to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Planet Fitness insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.94% of the stock of Planet Fitness is held by insiders.Percentage Held by Institutions95.53% of the stock of Planet Fitness is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Planet Fitness are expected to grow by 17.43% in the coming year, from $2.18 to $2.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Planet Fitness is 31.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Planet Fitness is 31.78, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.80.Price to Earnings Growth RatioPlanet Fitness has a PEG Ratio of 0.72. PEG Ratios below 1 indicate that a company could be undervalued. Previous Next See Top Rated MarketRank™ Stocks Here About Planet Fitness (NYSE:PLNT) StockPlanet 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 Franchise segment is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. The Corporate-Owned Stores segment operates corporate-owned stores in the United States and Canada. The Equipment segment engages in the sale of fitness equipment to franchisee-owned stores in the United States and Canada. Planet Fitness, Inc. was founded in 1992 and is headquartered in Hampton, New Hampshire.Read More PLNT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PLNT Stock News HeadlinesSeptember 15, 2023 | marketbeat.comNucor, Planet Fitness fall; Newmont, Frequency Electronics rise, Friday, 9/15/2023Stocks that are trading heavily or have substantial price changes on Friday: Nucor, Planet Fitness fall; Newmont, Frequency Electronics riseSeptember 21, 2023 | benzinga.comMOORE KUEHN ENCOURAGES PLANET FITNESS INC. INVESTORS TO CONTACT LAW FIRMSeptember 21, 2023 | Wall Street Fundamentals (Ad)How is This "Hidden Gem" Thriving in a Turbulent Market?While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.September 20, 2023 | msn.comJP Morgan Downgrades Planet Fitness Inc - (PLNT)September 20, 2023 | americanbankingnews.comPlanet Fitness (NYSE:PLNT) Downgraded to Neutral at JPMorgan Chase & Co.September 20, 2023 | americanbankingnews.comPlanet Fitness (NYSE:PLNT) Shares Gap Down on Analyst DowngradeSeptember 19, 2023 | msn.comPlanet Fitness drops to new low after JPMorgan pulls bull ratingSeptember 19, 2023 | msn.comPlanet Fitness CEO drama brings out bullish and bearish takes on the stockSeptember 21, 2023 | Wall Street Fundamentals (Ad)How is This "Hidden Gem" Thriving in a Turbulent Market?While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.September 19, 2023 | finance.yahoo.comPlanet Fitness (PLNT) Stock: A Hidden Value Trap? Unpacking the Risks and RewardsSeptember 19, 2023 | americanbankingnews.comGuggenheim Lowers Planet Fitness (NYSE:PLNT) Price Target to $70.00September 19, 2023 | americanbankingnews.comPlanet Fitness (NYSE:PLNT) Price Target Lowered to $65.00 at Robert W. BairdSeptember 19, 2023 | americanbankingnews.comPlanet Fitness (NYSE:PLNT) PT Lowered to $66.00 at Raymond JamesSeptember 19, 2023 | americanbankingnews.comPlanet Fitness (NYSE:PLNT) Price Target Lowered to $65.00 at Stifel NicolausSeptember 19, 2023 | americanbankingnews.comPlanet Fitness (NYSE:PLNT) Downgraded by Jefferies Financial GroupSeptember 18, 2023 | benzinga.comPlanet Fitness, Inc.: Company Investigated by the Portnoy Law FirmSeptember 18, 2023 | finance.yahoo.comPlanet Fitness Needs a Strength BoostSeptember 18, 2023 | baystreet.caPlanet Fitness’ Stock Crashes Following CEO's DepartureSeptember 18, 2023 | reuters.comPlanet Fitness races against rate hikesSeptember 18, 2023 | finance.yahoo.comMicron upgraded, PayPal downgraded: Wall Street's top analyst callsSeptember 18, 2023 | msn.comHere are the 12 stocks Jim Cramer is watching, including Netflix, Arm, Planet FitnessSeptember 18, 2023 | finance.yahoo.comHere are the Reasons for the Decline of Planet Fitness (PLNT) in Q2September 18, 2023 | finance.yahoo.comPlanet Fitness clobbered with downgrades after CEO ouster: 4 big analyst cutsSeptember 18, 2023 | finance.yahoo.comPlanet Fitness Loses A Bull With CEO DepartureSeptember 18, 2023 | finance.yahoo.comPlanet Fitness stock continues to slide after CEO's abrupt departureSeptember 17, 2023 | americanbankingnews.comPlanet Fitness (NYSE:PLNT) Rating Lowered to Market Perform at TD CowenSeptember 17, 2023 | americanbankingnews.comPlanet Fitness (NYSE:PLNT) Reaches New 12-Month Low at $50.80See More Headlines Receive PLNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Planet Fitness and its competitors with MarketBeat's FREE daily newsletter. Email Address PLNT Company Calendar Last Earnings8/03/2023Today9/20/2023Next Earnings (Estimated)11/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Membership sports & recreation clubs Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:PLNT CUSIPN/A CIK1637207 Webwww.planetfitness.com Phone(603) 750-0001FaxN/AEmployees2,795Year FoundedN/APrice Target and Rating Average Stock Price Forecast$71.94 High Stock Price Forecast$92.00 Low Stock Price Forecast$52.00 Forecasted Upside/Downside+54.0%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$1.47 Trailing P/E Ratio31.78 Forward P/E Ratio21.43 P/E Growth0.75Net Income$99.40 million Net Margins12.03% Pretax Margin18.57% Return on Equity-86.09% Return on Assets6.27% Debt Debt-to-Equity RatioN/A Current Ratio1.84 Quick Ratio1.82 Sales & Book Value Annual Sales$936.77 million Price / Sales4.39 Cash Flow$2.99 per share Price / Cash Flow15.62 Book Value($2.36) per share Price / Book-19.79Miscellaneous Outstanding Shares88,140,000Free Float83,779,000Market Cap$4.12 billion OptionableOptionable Beta1.30 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Christopher J. Rondeau (Age 50)CEO & Director Comp: $2.16MMr. Thomas J. Fitzgerald (Age 62)Chief Financial Officer Comp: $981.33kMr. William BodeDivision Pres of U.S. FranchiseMs. Jennifer Simmons (Age 53)Division Pres of Corp. Clubs Comp: $480.89kMr. Edward Hymes (Age 55)Pres & COO Mr. Brian M. O'Donnell (Age 44)VP & Chief Accounting Officer Mr. Paul BarberChief Information OfficerMs. Stacey CaravellaVP of Investor RelationsMr. Justin VartanianGen. Counsel & Sec.Mr. McCall GosselinSr. VP of Communications and Corp. Social ResponsibilityMore ExecutivesKey CompetitorsOneSpaWorldNASDAQ:OSWYETINYSE:YETIMadison Square Garden SportsNYSE:MSGSPowerSchoolNYSE:PWSCColumbia SportswearNASDAQ:COLMView All CompetitorsInsiders & InstitutionsAlberta Investment Management CorpBought 4,062 shares on 8/24/2023Ownership: 0.025%Comerica BankBought 6,063 shares on 8/22/2023Ownership: 0.007%California State Teachers Retirement SystemSold 945 shares on 8/21/2023Ownership: 0.118%Teachers Retirement System of The State of KentuckyBought 15,000 shares on 8/21/2023Ownership: 0.017%Nuveen Asset Management LLCBought 11,226 shares on 8/16/2023Ownership: 0.467%View All Insider TransactionsView All Institutional Transactions PLNT Stock - Frequently Asked Questions Should I buy or sell Planet Fitness stock right now? 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Planet Fitness in the last year. There are currently 1 sell rating, 4 hold ratings, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PLNT shares. View PLNT analyst ratings or view top-rated stocks. What is Planet Fitness' stock price forecast for 2023? 17 equities research analysts have issued 1-year price objectives for Planet Fitness' stock. Their PLNT share price forecasts range from $52.00 to $92.00. On average, they anticipate the company's share price to reach $71.94 in the next twelve months. This suggests a possible upside of 54.0% 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 2023? Planet Fitness' stock was trading at $78.80 on January 1st, 2023. Since then, PLNT shares have decreased by 40.7% and is now trading at $46.71. View the best growth stocks for 2023 here. When is Planet Fitness' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023. View our PLNT earnings forecast. How were Planet Fitness' earnings last quarter? Planet Fitness, Inc. (NYSE:PLNT) released its quarterly earnings results on Thursday, August, 3rd. The company reported $0.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.54 by $0.11. The company earned $286.50 million during the quarter, compared to analysts' expectations of $251.99 million. Planet Fitness had a net margin of 12.03% and a negative trailing twelve-month return on equity of 86.09%. The business's revenue was up 27.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.38 earnings per share. What ETFs hold Planet Fitness' stock? ETFs with the largest weight of Planet Fitness (NYSE:PLNT) stock in their portfolio include Global X Health & Wellness ETF (BFIT), BlackRock Future Innovators ETF (BFTR), Global X Millennial Consumer ETF (MILN) and iShares Morningstar Small-Cap Growth ETF (ISCG).Leatherback Long/Short Alternative Yield ETF (LBAY), What guidance has Planet Fitness issued on next quarter's earnings? Planet Fitness issued an update on its FY 2023 earnings guidance on Saturday, August, 12th. The company provided earnings per share (EPS) guidance of $2.20-$2.20 for the period, compared to the consensus estimate of $2.16. The company issued revenue guidance of $1.05 billion-$1.05 billion, compared to the consensus revenue estimate of $1.05 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? (PLNT) raised $202 million in an initial public offering (IPO) 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. What is Planet Fitness' stock symbol? Planet Fitness trades on the New York Stock Exchange (NYSE) under the ticker symbol "PLNT." Who are Planet Fitness' major shareholders? Planet Fitness' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.52%), Champlain Investment Partners LLC (3.48%), JPMorgan Chase & Co. (2.97%), Bank of New York Mellon Corp (2.97%), William Blair Investment Management LLC (2.82%) and State Street Corp (2.57%). Insiders that own company stock include Brian O'donnell, Christopher Rondeau, Dorvin D Lively, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Planet Fitness' stock price today? One share of PLNT stock can currently be purchased for approximately $46.71. How much money does Planet Fitness make? Planet Fitness (NYSE:PLNT) has a market capitalization of $4.12 billion and generates $936.77 million in revenue each year. The company earns $99.40 million in net income (profit) each year or $1.47 on an earnings per share basis. How many employees does Planet Fitness have? The company employs 2,795 workers across the globe. How can I contact Planet Fitness? Planet Fitness' mailing address is 4 LIBERTY LANE WEST, HAMPTON NH, 03842. The official website for the company is www.planetfitness.com. The company can be reached via phone at (603) 750-0001 or via email at investor@planetfitness.com. This page (NYSE:PLNT) was last updated on 9/21/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Planet Fitness, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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