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 Ratio64.15
Forward P/E Ratio44.91
P/E Growth2.29
Sales & Book Value
Annual Sales$429.94 million
Price / Sales12.24
Cash Flow$1.1970 per share
Price / Cash Flow45.02
Book Value($1.39) per share
Price / Book-38.77
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 Shares97,630,000
Market Cap$5.27 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 announced that its Board of Directors has initiated a stock repurchase plan on Friday, February 23rd 2018, which allows the company to buyback $80,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its stock is undervalued.
How were Planet Fitness' earnings last quarter?
Planet Fitness Inc (NYSE:PLNT) released its quarterly earnings data on Tuesday, November, 6th. The company reported $0.28 earnings per share for the quarter, beating analysts' consensus estimates 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 company's revenue for the quarter was up 40.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.19 earnings per share. 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 issued an update on its FY18 earnings guidance on Tuesday, November, 6th. The company provided earnings per share (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 $68.00. On average, they expect Planet Fitness' share price to reach $52.3077 in the next twelve months. This suggests that the stock has a possible downside of 2.9%. 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 5 hold ratings and 7 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 headlines about PLNT stock have been trending somewhat positive this week, InfoTrie reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Planet Fitness earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.
Are investors shorting Planet Fitness?
Planet Fitness saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 7,912,178 shares, an increase of 120.8% from the October 31st total of 3,582,945 shares. Based on an average daily volume of 1,576,909 shares, the days-to-cover ratio is presently 5.0 days. Currently, 9.0% of the shares of the company are sold short. View Planet Fitness' Current Options Chain.
Who are some of Planet Fitness' key competitors?
Some companies that are related to Planet Fitness include UNICHARM CORP/S (UNICY), Toshiba (TOSYY), CBS (CBS.A), CBS (CBS), Liberty Global (LBTYB), Discovery Inc Series B (DISCB), Liberty Global (LBTYA), Liberty Global (LBTYK), Lululemon Athletica (LULU), TAL Education Group (TAL), Discovery Communications (DISCA), DISH Network (DISH), Liberty Broadband Corp Series A (LBRDA), Liberty Broadband Corp Series C (LBRDK) and MGM Resorts International (MGM).
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 $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 many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.81%), Vanguard Group Inc (8.81%), BlackRock Inc. (6.22%), FMR LLC (4.60%), Alliancebernstein L.P. (3.85%) and Capital World Investors (3.55%). Company insiders that own Planet Fitness stock include Charles Esserman, Christopher Rondeau, Dorvin D Lively, Marc Grondahl 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 Capital World Investors, Jennison Associates LLC, Teachers Advisors LLC, Bank of New York Mellon Corp, Alliancebernstein L.P., Frontier Capital Management Co. LLC, Public Employees Retirement Association of Colorado and Marshall Wace North America L.P.. Company insiders that have sold Planet Fitness company stock in the last year include Christopher Rondeau and Dorvin D Lively. View Insider Buying and Selling for Planet Fitness.
Which major investors are buying Planet Fitness stock?
PLNT stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, American Century Companies Inc., Marshall Wace LLP, Massachusetts Financial Services Co. MA, Capital International Investors, Renaissance Technologies LLC, Artemis Investment Management LLP and Vanguard Group Inc. 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 $53.89.
How big of a company is Planet Fitness?
Planet Fitness has a market capitalization of $5.27 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.
