NYSE:PLNT - Planet Fitness Stock Price, Forecast & News

Planet Fitness trades on the New York Stock Exchange (NYSE) under the ticker symbol "PLNT."

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

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

Planet Fitness will be holding an earnings conference call on Tuesday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

13 analysts have issued 1-year price targets for Planet Fitness' shares. Their forecasts range from $60.00 to $90.00. On average, they anticipate Planet Fitness' share price to reach $80.31 in the next year. This suggests that the stock has a possible downside of 8.2%. View Analyst Price Targets for Planet Fitness.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Planet Fitness in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Planet Fitness.

Headlines about PLNT stock have been trending very negative this week, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Planet Fitness earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Planet Fitness.

Planet Fitness saw a decline in short interest in the month of January. As of January 15th, there was short interest totalling 5,170,000 shares, a decline of 17.3% from the December 31st total of 6,250,000 shares. Based on an average daily trading volume, of 1,140,000 shares, the days-to-cover ratio is currently 4.5 days. Approximately 6.3% of the shares of the company are sold short. View Planet Fitness' Current Options Chain.

Some companies that are related to Planet Fitness include Electronic Arts (EA), Hilton Hotels (HLT), Luxottica Group (LUXTY), Panasonic (PCRFY), Rogers Communications (RCI), Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA), ANTA Sports Products (ANPDF), Royal Caribbean Cruises (RCL), Carnival (CCL), FOX (FOXA), New Oriental Education & Tech Grp (EDU), FOX (FOX), UNICHARM CORP/S (UNICY) and DISH Network (DISH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Planet Fitness investors own include Alibaba Group (BABA), NVIDIA (NVDA), Micron Technology (MU), Netflix (NFLX), Paypal (PYPL), Canopy Growth (CGC), Walt Disney (DIS), Lululemon Athletica (LULU), Trade Desk (TTD) and Mastercard (MA).

(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.

Planet Fitness' stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (6.35%), Alliancebernstein L.P. (3.04%), Pelham Capital Ltd. (2.46%), William Blair Investment Management LLC (1.66%), Eagle Asset Management Inc. (1.36%) and Bank of New York Mellon Corp (1.30%). Company insiders that own Planet Fitness stock include Christopher Rondeau, David P Berg and Dorvin D Lively. View Institutional Ownership Trends for Planet Fitness.

PLNT stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Jennison Associates LLC, Bank of New York Mellon Corp, Fred Alger Management LLC, Great Lakes Advisors LLC, Cubist Systematic Strategies LLC, Bank of America Corp DE and FMR LLC. 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.

PLNT stock was acquired by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Pelham Capital Ltd., Franklin Resources Inc., Chicago Capital LLC, Russell Investments Group Ltd., Eaton Vance Management, Victory Capital Management Inc. and Marshall Wace LLP. View Insider Buying and Selling for 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.

One share of PLNT stock can currently be purchased for approximately $87.52.

Planet Fitness has a market capitalization of $7.91 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.

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

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]