NYSE:PLNT - Planet Fitness Stock Price, Price Target & More

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$46.05 +0.89 (+1.97 %)
(As of 06/20/2018 11:13 AM ET)
Previous Close$45.95
Today's Range$45.70 - $46.38
52-Week Range$21.99 - $45.66
Volume12,550 shs
Average Volume919,121 shs
Market Capitalization$4.49 billion
P/E Ratio54.40
Dividend YieldN/A
Beta0.51
Planet Fitness logoPlanet 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 December 31, 2017, the company had 1,518 fitness centers, which include 1,456 franchised and 62 are corporate-owned in the United States, the District of Columbia, Puerto Rico, the Dominican Republic, Canada, and Panama. Planet Fitness, Inc. was founded in 1992 and is headquartered in Hampton, New Hampshire.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio-5.68
Current Ratio1.74
Quick Ratio1.70

Price-To-Earnings

Trailing P/E Ratio54.40
Forward P/E Ratio38.70
P/E Growth1.97

Sales & Book Value

Annual Sales$429.94 million
Price / Sales10.54
Cash Flow$1.2112 per share
Price / Cash38.02
Book Value($1.39) per share
Price / Book-33.13

Profitability

EPS (Most Recent Fiscal Year)$0.84
Net Income$33.14 million
Net Margins9.60%
Return on Equity-64.81%
Return on Assets7.31%

Miscellaneous

Employees833
Outstanding Shares98,400,000

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 announced that its Board of Directors has initiated a stock buyback program on Friday, February 23rd 2018, which permits the company to buyback $80,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its shares are undervalued.

How were Planet Fitness' earnings last quarter?

Planet Fitness (NYSE:PLNT) issued its quarterly earnings results on Tuesday, May, 8th. The company reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. The company earned $121.30 million during the quarter, compared to analysts' expectations of $115.75 million. Planet Fitness had a negative return on equity of 64.81% and a net margin of 9.60%. Planet Fitness's revenue for the quarter was up 33.2% on a year-over-year basis. During the same period last year, the company earned $0.19 EPS. View Planet Fitness' Earnings History.

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

Planet Fitness issued an update on its FY18 earnings guidance on Tuesday, May, 8th. The company provided earnings per share guidance of +40% to ~$1.18 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.20. The company issued revenue guidance of +20% to ~$516 million, compared to the consensus revenue estimate of $522.92 million.

What price target have analysts set for PLNT?

10 brokerages have issued 12-month price objectives for Planet Fitness' stock. Their predictions range from $31.00 to $53.00. On average, they expect Planet Fitness' share price to reach $41.8750 in the next twelve months. View Analyst Ratings for Planet Fitness.

Who are some of Planet Fitness' key competitors?

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 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.

Has Planet Fitness been receiving favorable news coverage?

Headlines about PLNT stock have been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Planet Fitness earned a media sentiment score of 0.12 on Accern's scale. They also assigned headlines about the company an impact score of 46.12 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are Planet Fitness' major shareholders?

Planet Fitness' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.54%), Eagle Asset Management Inc. (3.35%), Lord Abbett & CO. LLC (2.92%), Newbrook Capital Advisors LP (2.27%), Dimensional Fund Advisors LP (1.75%) and Wasatch Advisors Inc. (1.54%). Company insiders that own Planet Fitness stock include Charles Esserman, Christopher Rondeau, Dorvin D Lively, Marc Grondahl, Pierre Lecomte, Richard L Moore and Tsg6 Management LLC. View Institutional Ownership Trends for Planet Fitness.

Which institutional investors are selling Planet Fitness stock?

PLNT stock was sold by a variety of institutional investors in the last quarter, including Newbrook Capital Advisors LP, Russell Investments Group Ltd., Wasatch Advisors Inc., RWC Asset Management LLP, Victory Capital Management Inc., Royal Bank of Canada, Amundi Pioneer Asset Management Inc. and Oak Ridge Investments LLC. 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 institutional investors are buying Planet Fitness stock?

PLNT stock was bought by a variety of institutional investors in the last quarter, including Waratah Capital Advisors Ltd., Scopus Asset Management L.P., Bamco Inc. NY, Blair William & Co. IL, Thrivent Financial for Lutherans, Dimensional Fund Advisors LP, Lord Abbett & CO. LLC 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 $46.06.

How big of a company is Planet Fitness?

Planet Fitness has a market capitalization of $4.49 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.

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 (PLNT)

Community Ranking:  3.4 out of 5 (star star star)
Outperform Votes:  332 (Vote Outperform)
Underperform Votes:  158 (Vote Underperform)
Total Votes:  490
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 6/20/2018 by MarketBeat.com Staff

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