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NYSE:PLNT

Planet Fitness - PLNT Stock Forecast, Price & News

$83.47
-0.33 (-0.39%)
(As of 02/2/2023 12:00 AM ET)
Add
Compare
Today's Range
$83.15
$85.91
50-Day Range
$74.93
$84.65
52-Week Range
$54.15
$97.04
Volume
909,744 shs
Average Volume
1.02 million shs
Market Capitalization
$7.48 billion
P/E Ratio
99.37
Dividend Yield
N/A
Price Target
$93.77

Planet Fitness MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
12.3% Upside
$93.77 Price Target
Short Interest
Healthy
4.68% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.17
Upright™ Environmental Score
News Sentiment
0.96mentions of Planet Fitness in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
29.56%
From $1.59 to $2.06 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.83 out of 5 stars

Consumer Discretionary Sector

17th out of 271 stocks

Membership Sports & Recreation Clubs Industry

1st out of 3 stocks


PLNT stock logo

About Planet Fitness (NYSE:PLNT) Stock

Planet 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.

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PLNT Stock News Headlines

Planet Fitness: Unhealthy Debt In This Business
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Is This a Better Fitness Stock Than Peloton in 2023?
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Here's Why Planet Fitness (PLNT) is a Strong Growth Stock
Is Planet Fitness (PLNT) a High Growth Stock?
Analysts Unanimously Love These Stocks for 2023
Planet Fitness (NYSE: PLNT)
Planet Fitness Announces Key Year-End Metrics
Planet Fitness coming to Washington
Planet Fitness Is Getting in Shape to Start the Year
See More Headlines
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PLNT Company Calendar

Last Earnings
11/08/2022
Today
2/02/2023
Next Earnings (Confirmed)
2/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Membership sports & recreation clubs
Sub-Industry
N/A
Fax
N/A
Employees
1,774
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$93.77
High Stock Price Forecast
$130.00
Low Stock Price Forecast
$75.00
Forecasted Upside/Downside
+12.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
13 Analysts

Profitability

Net Income
$42.77 million
Pretax Margin
12.81%

Debt

Sales & Book Value

Annual Sales
$587.02 million
Cash Flow
$1.60 per share
Book Value
($7.40) per share

Miscellaneous

Free Float
84,241,000
Market Cap
$7.48 billion
Optionable
Optionable
Beta
1.26

Key Executives

  • Christopher J. RondeauChristopher J. Rondeau
    Chief Executive Officer & Director
  • Edward Hymes
    President & Chief Operating Officer
  • William BodeWilliam Bode
    Chief Operating Officer
  • Thomas J. FitzgeraldThomas J. Fitzgerald
    Chief Financial Officer
  • Paul Barber
    Chief Information Officer













PLNT Stock - Frequently Asked Questions

Should I buy or sell Planet Fitness stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Planet Fitness in the last twelve months. There are currently 2 hold ratings, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research 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?

13 Wall Street analysts have issued 12-month price targets for Planet Fitness' shares. Their PLNT share price forecasts range from $75.00 to $130.00. On average, they anticipate the company's share price to reach $93.77 in the next twelve months. This suggests a possible upside of 10.8% 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 increased by 7.4% and is now trading at $84.61.
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 Thursday, February 23rd 2023.
View our PLNT earnings forecast
.

How can I listen to Planet Fitness' earnings call?

Planet Fitness will be holding an earnings conference call on Thursday, February 23rd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Planet Fitness' earnings last quarter?

Planet Fitness, Inc. (NYSE:PLNT) posted its quarterly earnings data on Tuesday, November, 8th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.03. The company earned $244.39 million during the quarter, compared to analysts' expectations of $237.40 million. Planet Fitness had a net margin of 8.52% and a negative trailing twelve-month return on equity of 36.77%.

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 (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 served 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 many different institutional and retail investors. Top institutional shareholders include Artemis Investment Management LLP (1.40%), Allspring Global Investments Holdings LLC (0.73%), Peregrine Capital Management LLC (0.56%), Strs Ohio (0.36%), AEGON ASSET MANAGEMENT UK Plc (0.30%) and State of Michigan Retirement System (0.28%). Insiders that own company stock include Brian O'donnell, Christopher Rondeau, Craig Jeffrey Miller, Craig R Benson, Dorvin D Lively, Dorvin D Lively, 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 $84.61.

How much money does Planet Fitness make?

Planet Fitness (NYSE:PLNT) has a market capitalization of $7.58 billion and generates $587.02 million in revenue each year. The company earns $42.77 million in net income (profit) each year or $0.84 on an earnings per share basis.

How many employees does Planet Fitness have?

The company employs 1,774 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 2/2/2023 by MarketBeat.com Staff