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. The Equipment segment engages in the sale of fitness equipment to franchisee-owned stores in the United States. As of June 30, 2018, the company had 1,608 stores in 50 states, the District of Columbia, Puerto Rico, Canada, the Dominican Republic, Panama, and Mexico. Planet Fitness, Inc. was founded in 1992 and is headquartered in Hampton, New Hampshire.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Membership sports & recreation clubs
Sub-IndustryN/A
SectorConsumer Discretionary
Current SymbolNYSE:PLNT
Previous Symbol
CUSIPN/A
Phone603-750-0001
Debt
Debt-to-Equity RatioN/A
Current Ratio5.32
Quick Ratio5.27
Price-To-Earnings
Trailing P/E Ratio62.19
Forward P/E Ratio43.17
P/E Growth2.33
Sales & Book Value
Annual Sales$429.94 million
Price / Sales11.96
Cash Flow$1.1399 per share
Price / Cash45.83
Book Value($1.39) per share
Price / Book-37.58
Profitability
EPS (Most Recent Fiscal Year)$0.84
Net Income$33.14 million
Net Margins11.22%
Return on Equity-95.97%
Return on Assets8.92%
Miscellaneous
Employees833
Outstanding Shares98,400,000
Market Cap$5.41 billion
OptionableOptionable
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 declared that its board has authorized a stock buyback plan 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 reacquire shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board believes its shares are undervalued.
How were Planet Fitness' earnings last quarter?
Planet Fitness Inc (NYSE:PLNT) posted its earnings results on Tuesday, November, 6th. The company reported $0.28 EPS for the quarter, beating the Zacks' consensus estimate of $0.24 by $0.04. The business earned $136.66 million during the quarter, compared to analysts' expectations of $126.10 million. Planet Fitness had a negative return on equity of 95.97% and a net margin of 11.22%. The firm's quarterly revenue was up 40.2% compared to the same quarter last year. During the same period last year, the company earned $0.19 EPS. View Planet Fitness' Earnings History.
When is Planet Fitness' next earnings date?
What guidance has Planet Fitness issued on next quarter's earnings?
Planet Fitness updated its FY18 earnings guidance on Tuesday, November, 6th. The company provided EPS guidance of $1.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.14. The company issued revenue guidance of $571.8 million, compared to the consensus revenue estimate of $545.47 million.Planet Fitness also updated its FY 2018 guidance to $1.20-1.20 EPS.
What price target have analysts set for PLNT?
12 equities research analysts have issued 1 year target prices for Planet Fitness' shares. Their forecasts range from $22.00 to $62.00. On average, they anticipate Planet Fitness' stock price to reach $51.8462 in the next year. This suggests that the stock has a possible downside of 1.0%. 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 4 hold ratings and 8 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?
News coverage about PLNT stock has trended neutral recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Planet Fitness earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near term.
Who are some of Planet Fitness' key competitors?
Some companies that are related to Planet Fitness include CBS (CBS.A), CBS (CBS), Hilton Hotels (HLT), Toshiba (TOSYY), Liberty Global (LBTYB), Liberty Global (LBTYA), Liberty Global (LBTYK), Lululemon Athletica (LULU), Discovery Communications (DISCA), UNICHARM Corp/S (UNICY), Discovery Inc Series B (DISCB), Discovery Inc Series C (DISCK), Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA) and DISH Network (DISH).
Who are Planet Fitness' key executives?
Planet Fitness' management team includes the folowing people:
- Mr. Christopher J. Rondeau, CEO & Director (Age 45)
- Mr. Dorvin Donald Lively, Pres & CFO (Age 59)
- Mr. Craig Jeffrey Miller, Chief Digital & Information Officer (Age 57)
- Mr. Richard L. Moore, Consultant (Age 47)
- 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 served 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 a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.22%), FMR LLC (4.60%), Alliancebernstein L.P. (3.85%), Bank of New York Mellon Corp (3.27%), Eagle Asset Management Inc. (3.03%) and Carillon Tower Advisers Inc. (2.21%). Company insiders that own Planet Fitness stock include Charles Esserman, Christopher Rondeau, Dorvin D Lively, Marc Grondahl, Pierre Lecomte and Richard L Moore. View Institutional Ownership Trends for Planet Fitness.
Which major investors are selling Planet Fitness stock?
PLNT stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Bank of New York Mellon Corp, Alliancebernstein L.P., Frontier Capital Management Co. LLC, Public Employees Retirement Association of Colorado, Eagle Asset Management Inc., Wells Fargo & Company MN and Wasatch Advisors Inc.. Company insiders that have sold Planet Fitness company stock in the last year include Christopher Rondeau, Dorvin D Lively and Richard L Moore. View Insider Buying and Selling for Planet Fitness.
Which major investors are buying Planet Fitness stock?
PLNT stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, American Century Companies Inc., Massachusetts Financial Services Co. MA, Artemis Investment Management LLP, Penserra Capital Management LLC, BlackRock Inc., AGF Investments Inc. and Seven Eight Capital LP. 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, Scottrade, Fidelity and Charles Schwab.
What is Planet Fitness' stock price today?
One share of PLNT stock can currently be purchased for approximately $52.37.
How big of a company is Planet Fitness?
Planet Fitness has a market capitalization of $5.41 billion and generates $429.94 million in revenue each year. The company earns $33.14 million in net income (profit) each year or $0.84 on an earnings per share basis. Planet Fitness employs 833 workers across the globe.
What is Planet Fitness' official website?
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)
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.
