NYSE:PLNTPlanet Fitness Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Planet Fitness Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $67.59 +2.96 (+4.58 %) (As of 06/1/2020 04:00 PM ET) Add Compare Share Today's Range$64.47Now: $67.59▼$69.1150-Day Range$47.92MA: $58.28▼$65.1752-Week Range$23.77Now: $67.59▼$88.77Volume3.11 million shsAverage Volume2.42 million shsMarket Capitalization$5.84 billionP/E Ratio56.80Dividend YieldN/ABeta1.23 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. has a strategic collaboration with Kohl's Corporation to open Planet Fitness stores. The company was founded in 1992 and is headquartered in Hampton, New Hampshire.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingPlanet Fitness has received a consensus rating of Buy. The company's average rating score is 2.82, and is based on 14 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $76.47, Planet Fitness has a potential upside of 13.1% from its current price of $67.59.Amount of Analyst CoveragePlanet Fitness has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.3 Community Rank Outperform VotesPlanet Fitness has received 511 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPlanet Fitness has received 262 “underperform” votes. (Add your “underperform” vote.)Community SentimentPlanet Fitness has received 66.11% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldPlanet Fitness does not currently pay a dividend.Dividend GrowthPlanet Fitness does not have a long track record of dividend growth. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Planet Fitness insiders have bought more of their company's stock than they have sold. Specifically, they have bought $5,384,710.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 9.33% of the stock of Planet Fitness is held by insiders.Percentage Held by Institutions98.19% of the stock of Planet Fitness is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Planet Fitness are expected to grow by 205.08% in the coming year, from $0.59 to $1.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Planet Fitness is 56.80, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.51.Price to Earnings Ratio vs. SectorThe P/E ratio of Planet Fitness is 56.80, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 27.59.Price to Earnings Growth RatioPlanet Fitness has a PEG Ratio of 6.28. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next Analyst Opinion: 3.4Community Rank: 3.3Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.52 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Membership sports & recreation clubs Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:PLNT Previous Symbol CUSIPN/A CIK1637207 Webwww.planetfitness.com Phone603-750-0001Debt Debt-to-Equity RatioN/A Current Ratio3.69 Quick Ratio3.67Price-To-Earnings Trailing P/E Ratio56.80 Forward P/E Ratio114.56 P/E Growth6.28 Sales & Book Value Annual Sales$688.80 million Price / Sales8.48 Cash Flow$2.36 per share Price / Cash Flow28.61 Book Value($8.13) per share Price / Book-8.31Profitability EPS (Most Recent Fiscal Year)$1.59 Net Income$117.69 million Net Margins14.82% Return on Equity-23.53% Return on Assets7.76%Miscellaneous Employees1,464 Outstanding Shares86,451,000Market Cap$5.84 billion Next Earnings Date8/4/2020 (Estimated) OptionableOptionable PLNT Rates by TradingView Receive PLNT News and Ratings via Email Sign-up to receive the latest news and ratings for PLNT and its competitors with MarketBeat's FREE daily newsletter. Planet Fitness (NYSE:PLNT) Frequently Asked Questions How has Planet Fitness' stock been impacted by COVID-19 (Coronavirus)? Planet Fitness' stock was trading at $57.00 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PLNT stock has increased by 18.6% and is now trading at $67.59. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Planet Fitness? 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Planet Fitness in the last year. There are currently 3 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Planet Fitness. When is Planet Fitness' next earnings date? Planet Fitness is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Planet Fitness. How were Planet Fitness' earnings last quarter? Planet Fitness Inc (NYSE:PLNT) posted its earnings results on Tuesday, May, 5th. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.36 by $0.20. The company had revenue of $127.23 million for the quarter, compared to analysts' expectations of $152.61 million. Planet Fitness had a negative return on equity of 23.53% and a net margin of 14.82%. The firm's revenue was down 14.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.35 EPS. View Planet Fitness' earnings history. What price target have analysts set for PLNT? 17 analysts have issued 1-year price targets for Planet Fitness' stock. Their forecasts range from $55.00 to $100.00. On average, they expect Planet Fitness' stock price to reach $76.47 in the next year. This suggests a possible upside of 13.1% from the stock's current price. View analysts' price targets for Planet Fitness. Has Planet Fitness been receiving favorable news coverage? Media stories about PLNT stock have been trending somewhat positive recently, according to InfoTrie. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog 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 coverage optimism score of 2.0 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutPlanet Fitness. Are investors shorting Planet Fitness? Planet Fitness saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 8,430,000 shares, an increase of 20.8% from the April 30th total of 6,980,000 shares. Based on an average daily trading volume, of 2,930,000 shares, the days-to-cover ratio is currently 2.9 days. Approximately 10.6% of the company's shares 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 VF (VFC), UNICHARM CORP/S (UNICY), Hilton Hotels (HLT), Panasonic (PCRFY), Rogers Communications (RCI), Discovery Inc Series B (DISCB), New Oriental Education & Tech Grp (EDU), Toshiba (TOSYY), FOX (FOXA), FOX (FOX), SMC (SMNNY), DISH Network (DISH), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Trip.com Group (TCOM) and Liberty Global (LBTYB). View all 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 Alibaba Group (BABA), NVIDIA (NVDA), Walt Disney (DIS), Micron Technology (MU), Paypal (PYPL), Trade Desk (TTD), Netflix (NFLX), Canopy Growth (CGC), salesforce.com (CRM) and Advanced Micro Devices (AMD). Who are Planet Fitness' key executives? Planet Fitness' management team includes the following 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 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 acted 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.11%), Wellington Management Group LLP (3.69%), Alliancebernstein L.P. (3.18%), Wasatch Advisors Inc. (2.98%), JPMorgan Chase & Co. (2.62%) and Pelham Capital Ltd. (2.29%). Company insiders that own Planet Fitness stock include Christopher Rondeau, Craig Jeffrey Miller, Craig R Benson, 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 Wellington Management Group LLP, Artemis Investment Management LLP, Artemis Investment Management LLP, Deutsche Bank AG, Blair William & Co. IL, Jennison Associates LLC, Lord Abbett & CO. LLC, and Two Sigma Advisers LP. View insider buying and selling activity 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 Wasatch Advisors Inc., Valinor Management L.P., JPMorgan Chase & Co., Eminence Capital LP, Eagle Asset Management Inc., Carillon Tower Advisers Inc., William Blair Investment Management LLC, and KAMES CAPITAL plc. Company insiders that have bought Planet Fitness stock in the last two years include Christopher Rondeau, Craig Jeffrey Miller, Craig R Benson, and Dorvin D Lively. View insider buying and selling activity 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 $67.59. How big of a company is Planet Fitness? Planet Fitness has a market capitalization of $5.84 billion and generates $688.80 million in revenue each year. The company earns $117.69 million in net income (profit) each year or $1.59 on an earnings per share basis. Planet Fitness employs 1,464 workers across the globe. What is Planet Fitness' official website? The official website for Planet Fitness is 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] This page was last updated on 6/1/2020 by MarketBeat.com Staff
