Planet Fitness Company Profile (NYSE:PLNT)

About Planet Fitness (NYSE:PLNT)

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 the Company's franchising business in the United States, Puerto Rico, the Dominican Republic and Canada. 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. As of December 31, 2016, it had approximately 8.9 million members and 1,313 stores in 48 states, the District of Columbia, Puerto Rico, Canada and the Dominican Republic. Of its 1,313 stores, 1,255 were franchised and 58 are corporate-owned, as of December 31, 2016.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Sporting Activities
  • Sub-Industry: N/A
  • Symbol: NYSE:PLNT
  • CUSIP: N/A
  • Web:
  • Market Cap: $1.53 billion
  • Outstanding Shares: 72,552,000
Average Prices:
  • 50 Day Moving Avg: $19.89
  • 200 Day Moving Avg: $20.58
  • 52 Week Range: $16.82 - $25.10
  • Trailing P/E Ratio: 39.29
  • Foreward P/E Ratio: 22.98
  • P/E Growth: 1.51
Sales & Book Value:
  • Annual Revenue: $386 million
  • Price / Sales: 3.97
  • Book Value: ($1.84) per share
  • Price / Book: -11.49
  • EBIDTA: $153.88 million
  • Net Margins: 3.65%
  • Return on Equity: 485.81%
  • Return on Assets: 8.60%
  • Debt-to-Equity Ratio: 16.65%
  • Current Ratio: 1.55%
  • Quick Ratio: 1.54%
  • Average Volume: 1.44 million shs.
  • Beta: 0.91
  • Short Ratio: 6.04

Frequently Asked Questions for Planet Fitness (NYSE:PLNT)

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 declared a special dividend on Friday, November 11th. Shareholders 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. View Planet Fitness' Dividend History.

How were Planet Fitness' earnings last quarter?

Planet Fitness Inc (NYSE:PLNT) announced its quarterly earnings results on Tuesday, May, 2nd. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.03. The business earned $91.10 million during the quarter, compared to the consensus estimate of $91.33 million. Planet Fitness had a return on equity of 485.81% and a net margin of 3.65%. View Planet Fitness' Earnings History.

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

Planet Fitness issued an update on its FY17 earnings guidance on Tuesday, May, 2nd. The company provided earnings per share guidance of $0.74-$0.77 for the period, compared to the Thomson Reuters consensus estimate of $0.75. The company issued revenue guidance of $405-$415 million, compared to the consensus revenue estimate of $412.40 million.

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

12 brokers have issued 1 year price targets for Planet Fitness' shares. Their predictions range from $19.00 to $28.00. On average, they expect Planet Fitness' stock price to reach $24.33 in the next twelve months. View Analyst Ratings for Planet Fitness.

What are analysts saying about Planet Fitness stock?

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

  • 1. 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. " (5/4/2017)
  • 2. Wedbush analysts commented, "While the momentum at PLNT is undeniable, the valuation and sentiment seems to leave little room for multiple expansion, suggesting the primary lever for share appreciation is earnings growth. As such, given same-store sales that are likely to decelerate as the store base matures, we believe a better entry point is likely to present itself, be it a function of the earnings power growing into the multiple or a correction of the market and/or the stock." (3/24/2017)
  • 3. Jefferies Group LLC analysts commented, "With 4Q marking two consecutive quarters of +DD comps, PLNT is entering 2017 with momentum. Margins were strong with GM and SG&A both better than consensus, contributing to a bottom-line beat. While EPS guidance for the year is a bit light vs. consensus, we still like this story and consistent execution indicates the business model is truly scalable. Reiterate Buy. $25 PT" (3/2/2017)

Who are some of Planet Fitness' key competitors?

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 acted as the underwriters for the IPO and Guggenheim Securities, Baird, William Blair, Piper Jaffray and Cowen and Company were co-managers.

Who owns Planet Fitness stock?

Planet Fitness' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include TSG6 Management L.L.C. (25.87%), Alliancebernstein L.P. (9.57%), Vanguard Group Inc. (8.00%), Bank of New York Mellon Corp (7.84%), JPMorgan Chase & Co. (5.66%) and Eagle Asset Management Inc. (5.11%). Company insiders that own Planet Fitness stock include Charles Esserman, Christopher Rondeau, Marc Grondahl, Pierre Lecomte, Richard L Moore and Tsg6 Management LLC. View Institutional Ownership Trends for Planet Fitness.

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 TSG6 Management L.L.C., JPMorgan Chase & Co., Wellington Management Group LLP, EAM Investors LLC, Columbus Circle Investors, TIAA CREF Investment Management LLC, Credit Suisse AG and Driehaus Capital Management LLC. Company insiders that have sold Planet Fitness stock in the last year include Charles Esserman, Christopher Rondeau, Marc Grondahl, Pierre Lecomte, Richard L Moore and Tsg6 Management LLC. View Insider Buying and Selling for Planet Fitness.

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 Bank of New York Mellon Corp, Vanguard Group Inc., Victory Capital Management Inc., Jennison Associates LLC, TimesSquare Capital Management LLC, MARSHALL WACE ASIA Ltd, Marshall Wace North America L.P. and Frontier Capital Management Co. LLC. View Insider Buying and Selling for Planet Fitness.

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 $21.14.

Analyst Ratings

Consensus Ratings for Planet Fitness (NYSE:PLNT) (?)
Ratings Breakdown: 1 Hold Rating, 11 Buy Ratings
Consensus Rating:Buy (Score: 2.92)
Consensus Price Target: $24.33 (15.11% upside)

Analysts' Ratings History for Planet Fitness (NYSE:PLNT)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/4/2017Imperial CapitalBoost Price TargetOutperform -> Outperform$24.00 -> $25.00HighView Rating Details
5/3/2017Jefferies Group LLCBoost Price TargetBuy$25.00 -> $26.00HighView Rating Details
5/3/2017Roth CapitalReiterated RatingBuy$23.00MediumView Rating Details
4/24/2017GuggenheimReiterated RatingBuy$24.00LowView Rating Details
4/6/2017Robert W. BairdReiterated RatingOutperform$28.00LowView Rating Details
3/24/2017WedbushDowngradeOutperform -> NeutralLowView Rating Details
3/2/2017Cowen and CompanyReiterated RatingBuy$25.00 -> $23.00N/AView Rating Details
1/5/2017Goldman Sachs Group IncInitiated CoverageOutperform$28.00N/AView Rating Details
1/5/2017MacquarieInitiated CoverageOutperform$28.00N/AView Rating Details
8/12/2016Piper Jaffray CompaniesBoost Price TargetOverweight$21.00 -> $23.00N/AView Rating Details
6/27/2016Credit Suisse Group AGReiterated RatingOutperform$19.00N/AView Rating Details
6/6/2016JPMorgan Chase & Co.Initiated CoverageOverweight$22.00N/AView Rating Details
12/3/2015StephensInitiated CoverageEqual Weight$19.00N/AView Rating Details
9/6/2015William BlairReiterated RatingBuyN/AView Rating Details
8/31/2015Bank of America CorpInitiated CoverageBuy$19.00 -> $19.00N/AView Rating Details
(Data available from 5/24/2015 forward)


Earnings History for Planet Fitness (NYSE:PLNT)
Earnings by Quarter for Planet Fitness (NYSE:PLNT)
Earnings History by Quarter for Planet Fitness (NYSE:PLNT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017Q1 2017$0.16$0.19$91.33 million$91.10 millionViewListenView Earnings Details
3/1/2017Q416$0.19$0.20$114.59 million$116.40 millionViewListenView Earnings Details
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$77.30 million$78.95 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Planet Fitness (NYSE:PLNT)
Current Year EPS Consensus Estimate: $0.47 EPS
Next Year EPS Consensus Estimate: $0.92 EPS


Current Dividend Information for Planet Fitness (NYSE:PLNT)
Most Recent Dividend:12/5/2016
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Planet Fitness (NYSE:PLNT)

Dividend History by Quarter for Planet Fitness (NYSE:PLNT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Planet Fitness (NYSE:PLNT)
Insider Ownership Percentage: 32.39%
Institutional Ownership Percentage: 90.78%
Insider Trades by Quarter for Planet Fitness (NYSE:PLNT)
Institutional Ownership by Quarter for Planet Fitness (NYSE:PLNT)
Insider Trades by Quarter for Planet Fitness (NYSE:PLNT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/10/2017Charles EssermanDirectorSell16,085,510$20.28$326,214,142.80View SEC Filing  
5/3/2017Christopher RondeauCEOSell20,000$20.19$403,800.00View SEC Filing  
5/2/2017Christopher RondeauCEOSell20,000$20.28$405,600.00View SEC Filing  
4/19/2017Christopher RondeauCEOSell20,000$18.67$373,400.00View SEC Filing  
4/18/2017Christopher RondeauCEOSell20,000$18.69$373,800.00View SEC Filing  
4/7/2017Christopher RondeauCEOSell20,000$19.13$382,600.00View SEC Filing  
4/6/2017Christopher RondeauCEOSell20,000$19.27$385,400.00View SEC Filing  
3/23/2017Christopher RondeauCEOSell20,000$19.73$394,600.00View SEC Filing  
3/22/2017Christopher RondeauCEOSell20,000$19.73$394,600.00View SEC Filing  
3/7/2017Christopher RondeauCEOSell20,000$20.82$416,400.00View SEC Filing  
3/6/2017Christopher RondeauCEOSell20,000$21.31$426,200.00View SEC Filing  
2/23/2017Christopher RondeauCEOSell20,000$21.09$421,800.00View SEC Filing  
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)


Headline Trends for Planet Fitness (NYSE:PLNT)
Latest Headlines for Planet Fitness (NYSE:PLNT)
DateHeadline logoETFs with exposure to Planet Fitness, Inc. : May 18, 2017 - May 19 at 12:03 PM logoFitness Industry Feels No Pain from Online Trends (PLNT) - May 16 at 6:57 PM logoPlanet Fitness, Inc. :PLNT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 16, 2017 - May 16 at 6:57 PM logoFitness Industry Feels No Pain from Online Trends - May 16 at 6:57 PM logoVirtusa Corporation (VRTU) and Planet Fitness Inc (PLNT) Lead 12 Notable Investor Filings - May 15 at 5:31 PM logoPlanet Fitness Inc (PLNT) Given Consensus Rating of "Buy" by Analysts - May 15 at 12:46 PM logoPlanet Fitness Inc (PLNT) Director Sells $326,214,142.80 in Stock - May 12 at 7:20 PM logo[$$] TSG Sells Off Remaining Planet Fitness Stake - May 10 at 7:26 PM logoRoth Capital Reiterates Buy Rating for Planet Fitness Inc (PLNT) - May 7 at 10:02 PM logoZacks Investment Research Lowers Planet Fitness Inc (PLNT) to Sell - May 7 at 5:52 PM logoPlanet Fitness Stock Lowers After Secondary Offering - May 6 at 7:07 PM logoPlanet Fitness Inc (PLNT) CEO Christopher Rondeau Sells 20,000 Shares of Stock - May 6 at 12:48 AM logoInsider Selling: Planet Fitness Inc (PLNT) CEO Sells 20,000 Shares of Stock - May 5 at 8:37 PM logoPlanet Fitness, Inc. Announces Secondary Offering of Class A ... - PR Newswire (press release) - May 5 at 8:40 AM logoPlanet Fitness Inc (PLNT) CEO Christopher Rondeau Sells 20,000 Shares - May 4 at 10:22 PM logoPlanet Fitness (PLNT) Announces 16.1M Secondary Offering of Class A Common Stock by Selling Stockholders - - May 4 at 7:26 PM logoPlanet Fitness slides on sizeable secondary offering - May 4 at 7:26 PM logoPlanet Fitness (PLNT) Earns Daily News Sentiment Score of 0.45 - May 4 at 11:34 AM logoCincinnati firm building two Planet Fitness locations - May 4 at 8:16 AM logoPlanet Fitness Inc (PLNT) PT Raised to $25.00 at Imperial Capital - May 4 at 7:42 AM logoPlanet Fitness Inc (PLNT) Issues Quarterly Earnings Results, Beats Estimates By $0.03 EPS - May 4 at 1:25 AM logoPlanet Fitness Inc (PLNT) Releases Earnings Results, Beats Estimates By $0.03 EPS - May 4 at 1:25 AM logo$100.75 Million in Sales Expected for Planet Fitness Inc (PLNT) This Quarter - May 4 at 1:05 AM logoZacks: Analysts Anticipate Planet Fitness Inc (PLNT) Will Announce Earnings of $0.18 Per Share - May 4 at 1:05 AM logoPlanet Fitness' (PLNT) "Buy" Rating Reiterated at Jefferies Group LLC - May 3 at 10:56 PM logoPlanet Fitness' (PLNT) CEO Chris Rondeau on Q1 2017 Results - Earnings Call Transcript - May 3 at 7:46 PM logoEdited Transcript of PLNT earnings conference call or presentation 2-May-17 8:30pm GMT - May 3 at 7:45 PM logoPlanet Fitness, Inc. Lifts 2017 Earnings Forecast - May 3 at 7:45 PM logoPlanet Fitness Inc (PLNT) Announces Quarterly Earnings Results - May 3 at 7:12 PM logoPlanet Fitness Inc (PLNT) Updates FY17 Earnings Guidance - May 2 at 8:38 PM logoPlanet Fitness tops 1Q profit forecasts - May 2 at 6:13 PM logoPlanet Fitness, Inc. Announces First Quarter 2017 Results - May 2 at 5:04 PM logoEarnings Calendar, Analyst Estimates And Stocks To Watch - May 2 at 5:04 PM logoPlanet Fitness, Inc. – Value Analysis (NYSE:PLNT) : May 1, 2017 - May 1 at 6:24 PM logoPlanet Fitness (PLNT) Receiving Favorable Media Coverage, Analysis Shows - May 1 at 12:16 PM logoSpring Into Action This May With Planet Fitness' Nationwide Membership Offer - May 1 at 11:32 AM logoCan Planet Fitness Stock Keep Going After Last Week's 12% Pop? - May 1 at 11:32 AM logo$91.33 Million in Sales Expected for Planet Fitness Inc (PLNT) This Quarter - April 30 at 9:36 AM logo Analysts Expect Planet Fitness Inc (PLNT) Will Post Earnings of $0.16 Per Share - April 28 at 9:08 AM logoPlanet Fitness, Inc. breached its 50 day moving average in a Bullish Manner : PLNT-US : April 28, 2017 - April 28 at 8:21 AM logoPlanet Fitness (PLNT) Earns Media Sentiment Score of 0.47 - April 27 at 10:49 AM logoPlanet Fitness Showing Some Muscle and Breaking Out on Strong Volume - April 27 at 10:30 AM logoPlanet Fitness, Inc. to Report First Quarter 2017 Results on May 2, 2017 - April 25 at 6:23 PM logoPlanet Fitness (PLNT) Earning Favorable Press Coverage, Study Shows - April 24 at 8:49 PM logoPlanet Fitness' (PLNT) Buy Rating Reaffirmed at Guggenheim - April 24 at 4:40 PM logoPlanet Fitness (PLNT): Compelling Setup Into Earnings - Guggenheim - - April 24 at 2:34 PM logoPlanet Fitness (PLNT) Earns Coverage Optimism Score of 0.26 - April 21 at 12:33 AM logoPlanet Fitness Inc (PLNT) Given Consensus Rating of "Buy" by Brokerages - April 18 at 3:18 PM logoPlanet Fitness (PLNT) Getting Positive Media Coverage, Report Finds - April 17 at 3:41 PM logoPlanet Fitness (PLNT) Earning Positive News Coverage, Study Shows - April 13 at 3:32 PM



Planet Fitness (PLNT) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by Staff