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Planet Fitness Stock Price, Forecast & Analysis (NYSE:PLNT)

$71.51
+0.06 (+0.08 %)
(As of 11/19/2019 09:08 AM ET)
Today's Range
$71.00
Now: $71.51
$71.85
50-Day Range
$56.52
MA: $62.11
$71.48
52-Week Range
$48.00
Now: $71.51
$81.90
Volume1.25 million shs
Average Volume1.75 million shs
Market Capitalization$6.46 billion
P/E Ratio58.61
Dividend YieldN/A
Beta0.63
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. Read More…

Industry, Sector and Symbol

Industry Membership sports & recreation clubs
Sub-IndustryN/A
SectorConsumer Discretionary
CUSIPN/A
Phone603-750-0001

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$572.90 million
Cash Flow$1.72 per share
Book Value($4.11) per share

Profitability

Net Income$88.02 million

Miscellaneous

Employees1,302
Market Cap$6.46 billion
Next Earnings Date2/25/2020 (Estimated)
OptionableOptionable

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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 of Directors has authorized a share repurchase program on Friday, February 23rd 2018, which allows the company to buyback $80,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its stock is undervalued.

How were Planet Fitness' earnings last quarter?

Planet Fitness Inc (NYSE:PLNT) released its quarterly earnings data on Thursday, November, 7th. The company reported $0.36 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.35 by $0.01. The business had revenue of $166.82 million for the quarter, compared to analysts' expectations of $162.26 million. Planet Fitness had a net margin of 16.80% and a negative return on equity of 37.57%. Planet Fitness's revenue was up 22.1% on a year-over-year basis. During the same period last year, the firm earned $0.28 earnings per share. View Planet Fitness' Earnings History.

When is Planet Fitness' next earnings date?

Planet Fitness is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Planet Fitness.

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

Planet Fitness issued an update on its FY19 earnings guidance on Thursday, November, 7th. The company provided earnings per share (EPS) guidance of ~$1.56 for the period, compared to the Thomson Reuters consensus estimate of $1.57. The company issued revenue guidance of $681.75, compared to the consensus revenue estimate of $683.65 million.

What price target have analysts set for PLNT?

12 analysts have issued 1-year price targets for Planet Fitness' shares. Their forecasts range from $60.00 to $86.00. On average, they expect Planet Fitness' stock price to reach $78.25 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price. 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 3 hold ratings and 9 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?

Press coverage about PLNT stock has trended very negative this week, InfoTrie reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Planet Fitness earned a coverage optimism score of -3.9 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Planet Fitness.

Are investors shorting Planet Fitness?

Planet Fitness saw a drop in short interest during the month of October. As of October 31st, there was short interest totalling 3,550,000 shares, a drop of 20.4% from the September 30th total of 4,460,000 shares. Based on an average daily volume of 1,360,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 4.4% of the shares of the company are short sold. View Planet Fitness' Current Options Chain.

Who are some of Planet Fitness' key competitors?

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 Micron Technology (MU), NVIDIA (NVDA), Paypal (PYPL), Alibaba Group (BABA), Canopy Growth (CGC), Netflix (NFLX), Boeing (BA), Walt Disney (DIS), Twilio (TWLO) and Intel (INTC).

Who are Planet Fitness' key executives?

Planet Fitness' management team includes the folowing people:
  • Mr. Christopher J. Rondeau, CEO & Director (Age 46)
  • Mr. Dorvin Donald Lively, Pres & CFO (Age 60)
  • Mr. Craig Jeffrey Miller, Chief Digital & Information Officer (Age 58)
  • Mr. Roger Verghis Chacko, Chief Commercial Officer (Age 52)
  • Mr. Justin Vartanian, Gen. Counsel & Sec.

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 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 variety of of retail and institutional investors. Top institutional investors include Pelham Capital Ltd. (1.73%), Eagle Asset Management Inc. (1.49%), Carillon Tower Advisers Inc. (1.34%), Massachusetts Financial Services Co. MA (1.27%), Artemis Investment Management LLP (1.03%) and Emerald Advisers LLC (0.67%). Company insiders that own Planet Fitness stock include Christopher Rondeau, David P Berg and Dorvin D Lively. 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 Eagle Asset Management Inc., Carillon Tower Advisers Inc., SG Americas Securities LLC, Russell Investments Group Ltd., TimesSquare Capital Management LLC, Lisanti Capital Growth LLC, First Trust Advisors LP and Artemis Investment Management LLP. Company insiders that have sold Planet Fitness company stock in the last year include Christopher Rondeau, David P Berg and Dorvin D Lively. 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 Scout Investments Inc., Pelham Capital Ltd., Massachusetts Financial Services Co. MA, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Handelsbanken Fonder AB, Three Peaks Capital Management LLC and Sciencast Management 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, Robinhood, Fidelity and Charles Schwab.

What is Planet Fitness' stock price today?

One share of PLNT stock can currently be purchased for approximately $71.51.

How big of a company is Planet Fitness?

Planet Fitness has a market capitalization of $6.46 billion and generates $572.90 million in revenue each year. The company earns $88.02 million in net income (profit) each year or $1.22 on an earnings per share basis. Planet Fitness employs 1,302 workers across the globe.View Additional Information About Planet Fitness.

What is Planet Fitness' official website?

The official website for Planet Fitness is http://www.planetfitness.com/.

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)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  468 (Vote Outperform)
Underperform Votes:  250 (Vote Underperform)
Total Votes:  718
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.
This page was last updated on 11/19/2019 by MarketBeat.com Staff

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