Planet Fitness Company Profile (NYSE:PLNT)

About Planet Fitness

Planet Fitness logoPlanet Fitness, Inc. is a franchisor and operator of fitness centers in the United States. The Company operates through three segments: Franchise, Corporate-owned stores and Equipment. The Franchise segment includes operations related to its franchising business in the United States, Puerto Rico, Canada and the Dominican Republic. The Corporate-owned stores segment includes operations with respect to all corporate-owned stores throughout the United States and Canada. The Equipment segment includes the sale of equipment to franchisee-owned stores in the United States. It serves as the reporting entity for its various subsidiaries that operate three distinct lines of business: licensing and selling franchises under the Planet Fitness trade name; owning and operating fitness centers under the Planet Fitness trade name, and selling fitness-related equipment to franchisee-owned stores.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Sporting Activities
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: PLNT
  • CUSIP:
Key Metrics:
  • Previous Close: $21.45
  • 50 Day Moving Average: $20.62
  • 200 Day Moving Average: $20.76
  • 52-Week Range: $50,049,000.00 - $13.35
  • Trailing P/E Ratio: 78.00
  • Foreward P/E Ratio: 28.60
  • P/E Growth: 0.00
  • Market Cap: $1.07B
  • Outstanding Shares: 50,049,000
  • Beta: 0.91
Profitability:
  • Net Margins: 3.65%
  • Return on Equity: 485.81%
  • Return on Assets: 8.60%
Debt:
  • Debt-to-Equity Ratio: 16.65%
  • Current Ratio: 1.55%
  • Quick Ratio: 1.54%
Additional Links:
Companies Related to Planet Fitness:

Analyst Ratings

Consensus Ratings for Planet Fitness (NYSE:PLNT) (?)
Ratings Breakdown: 12 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $24.18 (12.74% upside)

Analysts' Ratings History for Planet Fitness (NYSE:PLNT)
Show:
DateFirmActionRatingPrice TargetDetails
2/2/2017Imperial CapitalLower Price TargetOutperform$26.00 -> $24.00View Rating Details
1/5/2017Goldman Sachs Group, Inc. (The)Initiated CoverageOutperform$28.00View Rating Details
1/5/2017MacquarieInitiated CoverageOutperform$28.00View Rating Details
12/23/2016GuggenheimReiterated RatingBuy$24.00View Rating Details
10/27/2016Roth CapitalSet Price TargetBuy$23.00View Rating Details
10/27/2016Jefferies Group LLCReiterated RatingBuy$26.00 -> $27.00View Rating Details
10/27/2016Cowen and CompanyReiterated RatingOutperform$24.00 -> $25.00View Rating Details
8/12/2016Piper Jaffray CompaniesBoost Price TargetOverweight$21.00 -> $23.00View Rating Details
8/11/2016WedbushReiterated RatingOutperform$21.00 -> $23.00View Rating Details
6/27/2016Credit Suisse GroupReiterated RatingOutperform$19.00View Rating Details
6/6/2016J P Morgan Chase & CoInitiated CoverageOverweight$22.00View Rating Details
5/16/2016Robert W. BairdReiterated RatingBuyView Rating Details
12/3/2015StephensInitiated CoverageEqual Weight$19.00View Rating Details
9/6/2015William BlairReiterated RatingBuyView Rating Details
8/31/2015Bank of America CorpInitiated CoverageBuy$19.00 -> $19.00View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for Planet Fitness (NYSE:PLNT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/1/2017        
10/26/2016Q316$0.14$0.16$79.32 million$87.00 millionViewListenView Earnings Details
8/11/2016Q216$0.15$0.17$78.95 million$91.50 millionViewListenView Earnings Details
5/10/2016Q1$0.13$0.15$78.70 million$83.30 millionViewListenView Earnings Details
3/3/2016Q415$0.15$0.17$69.00 million$105.80 millionViewN/AView Earnings Details
11/12/2015Q315$0.09$0.10$66.60 million$68.80 millionViewListenView Earnings Details
9/2/2015Q215$0.12$0.13$79.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Planet Fitness (NYSE:PLNT)
Current Year EPS Consensus Estimate: $0.47 EPS
Next Year EPS Consensus Estimate: $0.75 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20161$0.15$0.15$0.15
Q4 20161$0.19$0.19$0.19
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Planet Fitness (NYSE:PLNT)
Annual Dividend:$0.00
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Based on Trailing 12 Months of Earnings)
0.00% (Based on Current Year Consensus EPS Estimate)
0.00% (Based on Next Year Consensus EPS Estimate)

Dividend History for Planet Fitness (NYSE:PLNT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/11/2016special$2.7811/18/201611/22/201612/5/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Planet Fitness (NYSE:PLNT)
Insider Ownership Percentage: 32.39%
Institutional Ownership Percentage: 90.78%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/24/2017Christopher RondeauCEOSell20,000$20.31$406,200.00View SEC Filing  
1/23/2017Christopher RondeauCEOSell20,000$19.97$399,400.00View SEC Filing  
1/13/2017Marc GrondahlDirectorSell99,949$20.63$2,061,947.87View SEC Filing  
1/12/2017Christopher RondeauCEOSell20,000$20.38$407,600.00View SEC Filing  
1/12/2017Marc GrondahlDirectorSell96,582$20.37$1,967,375.34View SEC Filing  
1/11/2017Christopher RondeauCEOSell20,000$20.46$409,200.00View SEC Filing  
1/11/2017Marc GrondahlDirectorSell94,289$20.47$1,930,095.83View SEC Filing  
1/10/2017Marc GrondahlDirectorSell117,220$20.07$2,352,605.40View SEC Filing  
1/9/2017Marc GrondahlDirectorSell46,251$20.02$925,945.02View SEC Filing  
1/6/2017Marc GrondahlDirectorSell52,591$20.07$1,055,501.37View SEC Filing  
1/5/2017Marc GrondahlDirectorSell63,092$20.14$1,270,672.88View SEC Filing  
1/4/2017Marc GrondahlDirectorSell54,451$20.24$1,102,088.24View SEC Filing  
1/3/2017Marc GrondahlDirectorSell75,197$20.08$1,509,955.76View SEC Filing  
12/30/2016Marc GrondahlDirectorSell60,669$20.06$1,217,020.14View SEC Filing  
12/29/2016Christopher RondeauCEOSell20,000$19.98$399,600.00View SEC Filing  
12/29/2016Marc GrondahlDirectorSell31,925$20.01$638,819.25View SEC Filing  
12/28/2016Christopher RondeauCEOSell20,000$19.77$395,400.00View SEC Filing  
12/27/2016Marc GrondahlDirectorSell887$20.01$17,748.87View SEC Filing  
12/22/2016Marc GrondahlDirectorSell400$20.03$8,012.00View SEC Filing  
12/21/2016Marc GrondahlDirectorSell101,296$20.15$2,041,114.40View SEC Filing  
12/20/2016Marc GrondahlDirectorSell48,349$20.69$1,000,340.81View SEC Filing  
12/19/2016Marc GrondahlDirectorSell56,852$20.77$1,180,816.04View SEC Filing  
12/13/2016Christopher RondeauCEOSell20,000$20.88$417,600.00View SEC Filing  
11/29/2016Christopher RondeauCEOSell20,000$20.81$416,200.00View SEC Filing  
11/28/2016Christopher RondeauCEOSell20,000$21.20$424,000.00View SEC Filing  
11/22/2016Pierre LecomteDirectorSell15,000,000$23.22$348,300,000.00View SEC Filing  
11/14/2016Christopher RondeauCEOSell2,000$24.57$49,140.00View SEC Filing  
11/4/2016Christopher RondeauCEOSell20,000$21.02$420,400.00View SEC Filing  
11/3/2016Christopher RondeauCEOSell20,000$20.88$417,600.00View SEC Filing  
10/27/2016Richard L MooreInsiderSell41,800$21.21$886,578.00View SEC Filing  
10/20/2016Christopher RondeauCEOSell20,000$19.54$390,800.00View SEC Filing  
10/19/2016Christopher RondeauCEOSell20,000$19.42$388,400.00View SEC Filing  
10/4/2016Christopher RondeauCEOSell20,000$19.91$398,200.00View SEC Filing  
10/3/2016Christopher RondeauCEOSell20,000$19.76$395,200.00View SEC Filing  
9/28/2016Pierre LecomteDirectorSell8,000,000$19.62$156,960,000.00View SEC Filing  
9/23/2016Richard L MooreInsiderSell8,200$21.00$172,200.00View SEC Filing  
6/28/2016Richard L MooreInsiderSell150,000$15.76$2,364,000.00View SEC Filing  
6/28/2016Tsg6 Management L.L.C.Major ShareholderSell11,129,887$15.76$175,407,019.12View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Planet Fitness (NYSE:PLNT)
DateHeadline
bizjournals.com logoTwo fitness centers expand in NM (just in time for New Year's resolution gut checks) (NYSE:PLNT)
www.bizjournals.com - February 16 at 6:53 PM
us.rd.yahoo.com logoPlanet Fitness Bumps 'Gymtimidation' Lunks To Powerlift Its Gyms (NYSE:PLNT)
us.rd.yahoo.com - February 13 at 11:17 PM
investors.com logoPlanet Fitness Bumps 'Gymtimidation' Lunks To Powerlift Its Gyms (NYSE:PLNT)
www.investors.com - February 10 at 8:13 PM
biz.yahoo.com logoPLANET FITNESS, INC. Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:PLNT)
us.rd.yahoo.com - February 8 at 8:14 PM
finance.yahoo.com logoChannel Checks Suggest Planet Fitness Getting In Great Shape To Start The Year (NYSE:PLNT)
finance.yahoo.com - February 2 at 8:15 PM
News IconF-Score in Focus for Planet Fitness, Inc. (NYSE:PLNT) - The Tribune (NYSE:PLNT)
lakecitytribune.com - January 30 at 8:24 AM
News IconValue Composite Score Update on Planet Fitness, Inc. (NYSE:PLNT) - The Tribune (NYSE:PLNT)
lakecitytribune.com - January 28 at 7:24 PM
capitalcube.com logoPlanet Fitness, Inc. breached its 50 day moving average in a Bullish Manner : PLNT-US : January 26, 2017 (NYSE:PLNT)
www.capitalcube.com - January 27 at 12:57 AM
News IconEarnings According to Analysts for Planet Fitness Inc (NYSE:PLNT)? - Aiken Advocate (NYSE:PLNT)
aikenadvocate.com - January 26 at 1:06 AM
News IconGearing Up For a Bull Run? Analysts Weigh in on Planet Fitness Inc (NYSE:PLNT) - Wall Street Beacon (NYSE:PLNT)
wsbeacon.com - January 19 at 12:51 AM
thestreet.com logoChart: Planet Fitness Shapes Up for a Strong Rally (NYSE:PLNT)
www.thestreet.com - January 17 at 11:00 AM
prnewswire.com logoTechnical Reports on Services Equities -- SeaWorld Entertainment ... - PR Newswire (press release) (NYSE:PLNT)
www.prnewswire.com - January 11 at 7:53 PM
fool.com logoAre Gym Memberships Worth the Money? (NYSE:PLNT)
www.fool.com - January 8 at 11:59 PM
marketexclusive.com logoAnalyst Activity – Goldman Sachs Group, Inc. (The) Initiates Coverage On Planet Fitness (NYSE:PLNT) With a Outperform (NYSE:PLNT)
marketexclusive.com - January 6 at 7:58 PM
finance.yahoo.com logoCoverage initiated on Planet Fitness by Macquarie (NYSE:PLNT)
finance.yahoo.com - January 6 at 12:08 AM
finance.yahoo.com logoPlanet Fitness to Present at the 2017 ICR Conference (NYSE:PLNT)
finance.yahoo.com - January 6 at 12:08 AM
globenewswire.com logoPlanet Fitness To Debut New Brand Campaign: “The World Judges, We Don't. At Planet Fitness, Be Free” - GlobeNewswire (press release) (NYSE:PLNT)
globenewswire.com - December 31 at 12:36 AM
marketexclusive.com logoInsider Trading Activity Planet Fitness Inc. (NYSE:PLNT) – Director Sold 887 shares of Stock (NYSE:PLNT)
marketexclusive.com - December 30 at 7:36 PM
finance.yahoo.com logoPlanet Fitness To Debut New Brand Campaign: “The World Judges, We Don't. At Planet Fitness, Be Free” (NYSE:PLNT)
finance.yahoo.com - December 30 at 7:36 PM
us.rd.yahoo.com logoPlanet Fitness and a 'judgement free' 2017 (NYSE:PLNT)
us.rd.yahoo.com - December 29 at 7:15 PM
finance.yahoo.com logoPlanet Fitness CEO’s 2017 Resolution for Expansion (NYSE:PLNT)
finance.yahoo.com - December 29 at 7:15 PM
thestreet.com logoPlanet Fitness CEO Sees More Gyms Opening for 2017 (NYSE:PLNT)
www.thestreet.com - December 29 at 7:15 PM
marketexclusive.com logoInsider Trading Activity Planet Fitness Inc. (NYSE:PLNT) – Director Sold 400 shares of Stock (NYSE:PLNT)
marketexclusive.com - December 28 at 9:43 AM
marketexclusive.com logoAnalyst Activity – Guggenheim Reiterates Buy on Planet Fitness (NYSE:PLNT) - Market Exclusive (NYSE:PLNT)
marketexclusive.com - December 25 at 9:31 AM
marketexclusive.com logoInsider Trading Activity Planet Fitness Inc. (NYSE:PLNT) – Director Sold 48,349 shares of Stock (NYSE:PLNT)
marketexclusive.com - December 24 at 12:27 AM
marketexclusive.com logoInsider Trading Activity Planet Fitness Inc. (NYSE:PLNT) – Director Sold 48349 shares of Stock - Market Exclusive (NYSE:PLNT)
marketexclusive.com - December 23 at 7:25 PM
streetinsider.com logoGuggenheim Reiterates Buy on Planet Fitness (PLNT) - StreetInsider.com (NYSE:PLNT)
www.streetinsider.com - December 23 at 6:44 AM
News IconInvestor Update: Tracking Shares of Planet Fitness, Inc. (NYSE:PLNT) - The Business Journal (NYSE:PLNT)
belmontbusinessjournal.com - December 20 at 1:52 PM
News IconStock Watch: FCF Score Check on Planet Fitness, Inc. (NYSE:PLNT) - Marion Business Daily (NYSE:PLNT)
marionbusinessdaily.com - December 14 at 12:41 AM
capitalcube.com logoPlanet Fitness, Inc. – Value Analysis (NYSE:PLNT) : December 12, 2016 (NYSE:PLNT)
www.capitalcube.com - December 12 at 7:22 PM
News IconTechnical Buzz on Planet Fitness, Inc. (NYSE:PLNT) - Marion Business Daily (NYSE:PLNT)
marionbusinessdaily.com - December 10 at 8:52 AM
capitalcube.com logoPlanet Fitness, Inc. breached its 50 day moving average in a Bullish Manner : PLNT-US : December 9, 2016 (NYSE:PLNT)
www.capitalcube.com - December 9 at 8:24 AM
insidermonkey.com logoHedge Funds Are Betting On Planet Fitness Inc (PLNT) (NYSE:PLNT)
www.insidermonkey.com - December 7 at 9:19 AM
News IconPlanet Fitness Names Bill Bode SVP Of Franchise Operations (NYSE:PLNT)
www.broadwayworld.com - December 6 at 6:56 PM
finance.yahoo.com logoPlanet Fitness Appoints Bill Bode To SVP Of Franchise Operations (NYSE:PLNT)
finance.yahoo.com - December 6 at 9:22 AM
News IconF-Score in Review on Shares of Planet Fitness, Inc. (NYSE:PLNT) - The Business Journal (NYSE:PLNT)
belmontbusinessjournal.com - December 4 at 6:18 PM
fool.com logo1 Stock With Jaw-Dropping Growth Potential (NYSE:PLNT)
www.fool.com - December 4 at 6:18 PM
News IconTrading Circle: Narrowing in on Shares of Planet Fitness, Inc. (NYSE:PLNT) - Marion Business Daily (NYSE:PLNT)
marionbusinessdaily.com - December 1 at 7:08 PM
News IconStock Spotlight: Zooming in on Shares of Planet Fitness, Inc. (NYSE:PLNT) - Marion Business Daily (NYSE:PLNT)
marionbusinessdaily.com - November 29 at 2:06 PM
News IconInvestor Watch: Looking at Shares of Planet Fitness, Inc. (NYSE:PLNT) - Wall Street Lion (NYSE:PLNT)
wslnews.com - November 24 at 6:56 PM
News IconValue Composite Score Update on Planet Fitness, Inc. (NYSE:PLNT) - Marion Business Daily (NYSE:PLNT)
marionbusinessdaily.com - November 24 at 10:14 AM
capitalcube.com logoETFs with exposure to Planet Fitness, Inc. : November 22, 2016 (NYSE:PLNT)
www.capitalcube.com - November 22 at 7:02 PM
biz.yahoo.com logoPLANET FITNESS, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Financial Statement (NYSE:PLNT)
biz.yahoo.com - November 21 at 7:24 PM
capitalcube.com logoPlanet Fitness, Inc. breached its 50 day moving average in a Bearish Manner : PLNT-US : November 21, 2016 (NYSE:PLNT)
www.capitalcube.com - November 21 at 12:11 PM
4-traders.com logoPlanet Fitness : opens in Cressona Mall (NYSE:PLNT)
www.4-traders.com - November 18 at 6:28 PM
News IconUp to Date Movers to Watch: Planet Fitness Inc (NYSE:PLNT), Medtronic PLC (NYSE:MDT) - Investors News (NYSE:PLNT)
newsemerging.com - November 18 at 10:06 AM
istreetwire.com logoTrader Alert: Planet Fitness, Inc. (PLNT), SunTrust Banks, Inc. (STI), Johnson & Johnson (JNJ) - iStreetWire (NYSE:PLNT)
istreetwire.com - November 18 at 10:06 AM
News IconWhat The Charts Are Saying About Planet Fitness, Inc. (NYSE:PLNT) - Marion Business Daily (NYSE:PLNT)
marionbusinessdaily.com - November 17 at 6:35 PM
streetinsider.com logoPlanet Fitness (PLNT) Stockholders to Sell 15M Shares in Secondary Offering (NYSE:PLNT)
www.streetinsider.com - November 16 at 7:09 PM
finance.yahoo.com logo4:28 pm Planet Fitness commences 15 mln common stock offering by selling stockholders (NYSE:PLNT)
finance.yahoo.com - November 16 at 7:09 PM

Social

What is Planet Fitness' stock symbol?

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

How often does Planet Fitness pay dividends? What is the dividend yield for Planet Fitness?

Planet Fitness announced a special dividend on Friday, November 11th. Stockholders of record on Tuesday, November 22nd will be given a dividend of $2.78 per share on Monday, December 5th. The ex-dividend date of this dividend is Friday, November 18th.

Where is Planet Fitness' stock going? Where will Planet Fitness' stock price be in 2017?

12 brokers have issued twelve-month target prices for Planet Fitness' stock. Their forecasts range from $19.00 to $28.00. On average, they expect Planet Fitness' stock price to reach $24.18 in the next twelve months.

When will Planet Fitness announce their earnings?

Planet Fitness is scheduled to release their next quarterly earnings announcement on Wednesday, March, 1st 2017.

What are analysts saying about Planet Fitness stock?

Here are some recent quotes from research analysts about Planet Fitness stock:

  • According to Zacks Investment Research, "Planet Fitness, Inc. franchises and operates fitness centers through its subsidiaries. The company's operating segments consists of Franchise, Corporate-owned stores and Equipment. It is engaged in licensing and selling franchises under the Planet Fitness trade name, owning and operating fitness centers under the Planet Fitness trade name and selling fitness-related equipment to franchisee-owned stores. Planet Fitness, Inc. is headquartered in Newington, New Hampshire. " (2/4/2017)

  • J P Morgan Chase & Co analysts commented, "Above average long-term franchise driven unit growth [...] and a strong history of positive same store sales growth expected to drive 10–15 percent of adjusted EBITDA."Related Link: Bad Sign For Fitbit: Fitness Bands Are Getting Smarter And CheaperThe analyst dispelled the company's lofty guidance, however. Planet fitness "argues for at least 4,000 U.S. units and another 300 in Canada, and our analysts based on the current penetration of PLNT's top 5 markets is for 2,500+ U.S. units and 300 in Canada," (6/6/2016)

Who owns Planet Fitness stock?

Planet Fitness' stock is owned by many different of retail and institutional investors. Top institutional investors include Loomis Sayles & Co. L P (2.54%), Marshall Wace LLP (1.20%), Two Sigma Investments LP (0.98%), Renaissance Technologies LLC (0.88%), State Street Corp (0.86%) and Federated Investors Inc. PA (0.50%). Company insiders that own Planet Fitness stock include Christopher Rondeau, Marc Grondahl, Pierre Lecomte, Richard L Moore and Tsg6 Management LLC.

Who sold Planet Fitness stock? Who is selling Planet Fitness stock?

Planet Fitness' stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Federated Investors Inc. PA, PEAK6 Investments L.P., Tudor Investment Corp Et Al and Turner Investments LLC. Company insiders that have sold Planet Fitness stock in the last year include Christopher Rondeau, Marc Grondahl, Pierre Lecomte, Richard L Moore and Tsg6 Management LLC.

Who bought Planet Fitness stock? Who is buying Planet Fitness stock?

Planet Fitness' stock was bought by a variety of institutional investors in the last quarter, including Loomis Sayles & Co. L P, Dimensional Fund Advisors LP, Nicholas Investment Partners LP, Employees Retirement System of Texas, Russell Investments Group Ltd., State Street Corp, Renaissance Technologies LLC and Two Sigma Investments LP.

How do I buy Planet Fitness stock?

Shares of Planet Fitness can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Planet Fitness stock cost?

One share of Planet Fitness stock can currently be purchased for approximately $21.45.

Planet Fitness (NYSE:PLNT) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Planet Fitness (NYSE:PLNT)

Earnings History Chart

Earnings by Quarter for Planet Fitness (NYSE:PLNT)

Dividend History Chart

Dividend Payments by Quarter for Planet Fitness (NYSE:PLNT)

Last Updated on 2/20/2017 by MarketBeat.com Staff