Top-Rated StocksTop-RatedNYSE:PLNT Planet Fitness (PLNT) Stock Forecast, Price & News $63.71 +0.58 (+0.92%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$60.22▼$64.1750-Day Range$63.13▼$83.1452-Week Range$54.15▼$85.90Volume3.49 million shsAverage Volume1.01 million shsMarket Capitalization$5.68 billionP/E Ratio50.97Dividend YieldN/APrice Target$86.33 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Planet Fitness MarketRank™ ForecastAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside35.5% Upside$86.33 Price TargetShort InterestHealthy4.04% of Shares Sold ShortDividend StrengthN/ASustainability-1.17Upright™ Environmental ScoreNews Sentiment0.90Based on 7 Articles This WeekInsider TradingSelling Shares$16,657 Sold Last QuarterProj. Earnings Growth22.22%From $2.16 to $2.64 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.2.79 out of 5 starsConsumer Discretionary Sector28th out of 273 stocksMembership Sports & Recreation Clubs Industry1st out of 3 stocks 3.4 Analyst's Opinion Consensus RatingPlanet Fitness has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $86.33, Planet Fitness has a forecasted upside of 35.5% from its current price of $63.71.Amount of Analyst CoveragePlanet Fitness has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.04% 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 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Planet Fitness has recently increased by 5.57%, indicating that investor sentiment is decreasing 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 2.7 News and Social Media Coverage News SentimentPlanet Fitness has a news sentiment score of 0.90. 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 is a higher news sentiment than the 0.61 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Planet Fitness this week, compared to 6 articles on an average week.Search InterestOnly 4 people have searched for PLNT on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Planet Fitness to their MarketBeat watchlist in the last 30 days. This is a decrease of -70% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Planet Fitness insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $16,657.00 in company stock.Percentage Held by InsidersOnly 5.94% of the stock of Planet Fitness is held by insiders.Percentage Held by Institutions94.56% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Planet Fitness are expected to grow by 22.22% in the coming year, from $2.16 to $2.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Planet Fitness is 50.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.31.Price to Earnings Ratio vs. SectorThe P/E ratio of Planet Fitness is 50.96, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 11.63.Price to Earnings Growth RatioPlanet Fitness has a PEG Ratio of 1.15. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks Here About Planet Fitness (NYSE:PLNT) StockPlanet Fitness, Inc. engages in the operation and franchising of fitness centers. It operates through the following segments: Franchise, Corporate-Owned Stores, and Equipment. The Franchise segment includes operations related to the company's franchising business in the United States, Puerto Rico, Canada, the Dominican Republic, Panama, Mexico, and Australia. The Corporate-Owned Stores segment comprises operations with respect to all Corporate-owned stores throughout the United States and Canada. The Equipment segment involves the sale of equipment to franchisee-owned stores. The company was founded by Michael Grondahl and Marc Grondahl in 1992 and is headquartered in Hampton, NH.Read More 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 Stock News HeadlinesMay 4, 2023 | marketbeat.comBall, Royal Caribbean rise; Qualcomm, Planet Fitness fallStocks that traded heavily or had substantial price changes Thursday: Ball, Royal Caribbean rise; Qualcomm, Planet Fitness fallMay 31, 2023 | msn.comPolice: Man stole more than $1,000 worth of items from Edgewood Planet Fitness gym-goersJune 3, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.May 30, 2023 | bizjournals.comNew England’s largest Planet Fitness franchisee names new CEOMay 30, 2023 | americanbankingnews.comPlanet Fitness, Inc. (NYSE:PLNT) Given Average Rating of "Moderate Buy" by BrokeragesMay 29, 2023 | nj.comIs Planet Fitness open on Memorial Day?May 29, 2023 | newsweek.comIs the Gym Open on Memorial Day 2023? Planet Fitness, Equinox HoursMay 27, 2023 | msn.comFree Planet Fitness memberships offered to all Colorado teens this summerJune 3, 2023 | Altimetry (Ad)Pentagon Consultant—Here's how Biden Wins Landslide Re-election—but also hand Joe Biden a landslide re-election win. What would America look like if we slide further towards Socialism? Full story and 4 steps you can take,May 25, 2023 | msn.comNYC high school students can work out for free at Planet Fitness this summerMay 21, 2023 | americanbankingnews.comPlanet Fitness (NYSE:PLNT) Coverage Initiated by Analysts at StockNews.comMay 19, 2023 | msn.comPlanet Fitness Seen Delivering Strong Earnings Growth on Sustained Same-Store-Sale Gains, RBC SaysMay 19, 2023 | msn.comPlanet Fitness started at Buy as RBC eyes attractive entry pointMay 19, 2023 | markets.businessinsider.comPlanet Fitness Is Poised For Sustainable Growth, Says Bullish AnalystMay 19, 2023 | cnbc.comHere are Friday's biggest analyst calls: Tesla, Netflix, Planet Fitness, Bloom, Wendy's, Dell & moreMay 19, 2023 | markets.businessinsider.comAnalysts Offer Insights on Services Companies: Planet Fitness (PLNT) and Shake Shack (SHAK)May 19, 2023 | investing.comPlanet Fitness 'pullback presents an attractive entry point,' claims RBC CapitalMay 19, 2023 | msn.comRBC Capital Initiates Coverage of Planet Fitness Inc - (PLNT) with Outperform RecommendationMay 19, 2023 | americanbankingnews.comPlanet Fitness (NYSE:PLNT) Now Covered by Analysts at Royal Bank of CanadaMay 16, 2023 | finance.yahoo.comPlanet Fitness gym seeks to appeal to the 'casual first-timers': CEOMay 15, 2023 | msn.comPlanet Fitness: Weak Near-Term Outlook But Positive On Long-TermMay 15, 2023 | finance.yahoo.comHIGH SCHOOL SUMMER PASS™ IS IN SESSION: PLANET FITNESS WELCOMES TEENS TO WORK OUT FOR FREE ALL SUMMER LONG STARTING TODAYMay 12, 2023 | au.investing.comPlanet Fitness growth drivers underappreciated by investors, claims JefferiesMay 12, 2023 | americanbankingnews.comPlanet Fitness, Inc. Expected to Post FY2023 Earnings of $2.16 Per Share (NYSE:PLNT)May 11, 2023 | americanbankingnews.comDA Davidson Trims Planet Fitness (NYSE:PLNT) Target Price to $67.00May 11, 2023 | americanbankingnews.comBrokers Set Expectations for Planet Fitness, Inc.'s Q2 2023 Earnings (NYSE:PLNT)May 10, 2023 | technews.tmcnet.comPremier Expands Board of Directors with Appointment of Tom FitzgeraldSee More Headlines PLNT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PLNT Company Calendar Last Earnings5/04/2023Today6/03/2023Next Earnings (Estimated)8/08/2023Fiscal 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$86.33 High Stock Price Forecast$98.00 Low Stock Price Forecast$67.00 Forecasted Upside/Downside+35.5%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$1.25 Trailing P/E Ratio50.97 Forward P/E Ratio29.50 P/E Growth1.15Net Income$99.40 million Net Margins10.86% Pretax Margin17.04% Return on Equity-73.81% Return on Assets5.44% Debt Debt-to-Equity RatioN/A Current Ratio2.35 Quick Ratio2.33 Sales & Book Value Annual Sales$936.77 million Price / Sales6.07 Cash Flow$3.13 per share Price / Cash Flow20.34 Book Value($1.78) per share Price / Book-35.79Miscellaneous Outstanding Shares89,190,000Free Float83,894,000Market Cap$5.68 billion OptionableOptionable Beta1.31 Key ExecutivesChristopher J. RondeauChief Executive Officer & DirectorEdward HymesPresident & Chief Operating OfficerThomas J. FitzgeraldChief Financial OfficerPaul BarberChief Information OfficerBrian M. O’DonnellChief Accounting Officer & Vice PresidentKey CompetitorsWyndham Hotels & ResortsNYSE:WHChoice Hotels InternationalNYSE:CHHReynolds Consumer ProductsNASDAQ:REYNPVHNYSE:PVHMohawk IndustriesNYSE:MHKView All CompetitorsInsiders & InstitutionsPrelude Capital Management LLCBought 4,864 shares on 6/1/2023Ownership: 0.005%Golden State Equity PartnersBought 3,000 shares on 6/1/2023Ownership: 0.003%Ameriprise Financial Inc.Sold 1,724,208 shares on 5/22/2023Ownership: 0.515%Putnam Investments LLCBought 2,879 shares on 5/22/2023Ownership: 0.244%American TrustSold 248 shares on 5/22/2023Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions PLNT Stock - Frequently Asked Questions Should I buy or sell Planet Fitness stock right now? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Planet Fitness in the last year. There are currently 3 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PLNT shares. View PLNT analyst ratings or view top-rated stocks. What is Planet Fitness' stock price forecast for 2023? 12 Wall Street research analysts have issued 12-month price targets for Planet Fitness' shares. Their PLNT share price forecasts range from $67.00 to $98.00. On average, they predict the company's stock price to reach $86.33 in the next year. This suggests a possible upside of 35.5% 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 at the beginning of 2023. Since then, PLNT stock has decreased by 19.1% and is now trading at $63.71. 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, August 8th 2023. View our PLNT earnings forecast. How were Planet Fitness' earnings last quarter? Planet Fitness, Inc. (NYSE:PLNT) posted its quarterly earnings data on Thursday, May, 4th. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.46 by $0.05. The firm earned $222.23 million during the quarter, compared to analysts' expectations of $238.30 million. Planet Fitness had a negative trailing twelve-month return on equity of 73.81% and a net margin of 10.86%. The business's revenue for the quarter was up 19.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.32 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), Innovator IBD Breakout Opportunities ETF (BOUT), Invesco Raymond James SB-1 Equity ETF (RYJ), First Trust Consumer Discretionary AlphaDEX Fund (FXD), First Trust Mid Cap Growth AlphaDEX Fund (FNY), IQ Healthy Hearts ETF (HART) and RiverNorth Patriot ETF (FLDZ). What guidance has Planet Fitness issued on next quarter's earnings? Planet Fitness updated its FY 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of $2.18-$2.23 for the period, compared to the consensus estimate of $2.21. The company issued revenue guidance of $1.06 billion-$1.07 billion, compared to the consensus revenue estimate of $1.07 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 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. 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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.86%), JPMorgan Chase & Co. (2.94%), Eagle Asset Management Inc. (2.44%), Bank of New York Mellon Corp (2.37%), Champlain Investment Partners LLC (2.16%) and Bares Capital Management Inc. (2.16%). 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 $63.71. How much money does Planet Fitness make? Planet Fitness (NYSE:PLNT) has a market capitalization of $5.68 billion and generates $936.77 million in revenue each year. The company earns $99.40 million in net income (profit) each year or $1.25 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 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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