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

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$50.57 +0.14 (+0.28 %)
(As of 08/22/2018 02:58 AM ET)
Previous Close$50.43
Today's Range$50.27 - $51.62
52-Week Range$23.91 - $53.41
Volume901,100 shs
Average Volume1.09 million shs
Market Capitalization$5.00 billion
P/E Ratio60.23
Dividend YieldN/A
Beta0.52
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

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

Debt

Debt-to-Equity Ratio-7.61
Current Ratio2.08
Quick Ratio2.05

Price-To-Earnings

Trailing P/E Ratio60.23
Forward P/E Ratio44.75
P/E Growth2.33

Sales & Book Value

Annual Sales$429.94 million
Price / Sales11.57
Cash Flow$1.1949 per share
Price / Cash42.32
Book Value($1.39) per share
Price / Book-36.38

Profitability

EPS (Most Recent Fiscal Year)$0.84
Net Income$33.14 million
Net Margins11.68%
Return on Equity-82.89%
Return on Assets8.65%

Miscellaneous

Employees833
Outstanding Shares98,400,000
Market Cap$5.00 billion

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 has authorized a share buyback program on Friday, February 23rd 2018, which allows the company to buyback $80,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

How were Planet Fitness' earnings last quarter?

Planet Fitness Inc (NYSE:PLNT) announced its earnings results on Thursday, August, 9th. The company reported $0.34 EPS for the quarter, beating the Zacks' consensus estimate of $0.31 by $0.03. The business earned $140.55 million during the quarter, compared to analyst estimates of $130.99 million. Planet Fitness had a negative return on equity of 82.89% and a net margin of 11.68%. The business's revenue was up 31.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.22 EPS. View Planet Fitness' Earnings History.

When is Planet Fitness' next earnings date?

Planet Fitness is scheduled to release their next quarterly earnings announcement on Tuesday, November, 6th 2018. View Earnings Estimates for Planet Fitness.

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

Planet Fitness updated its FY18 earnings guidance on Thursday, August, 9th. The company provided EPS guidance of $1.12 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.17. The company issued revenue guidance of $541.7 million, compared to the consensus revenue estimate of $530.66 million.

What price target have analysts set for PLNT?

11 equities research analysts have issued 1-year price targets for Planet Fitness' shares. Their forecasts range from $22.00 to $60.00. On average, they expect Planet Fitness' stock price to reach $49.4545 in the next year. This suggests that the stock has a possible downside of 2.2%. View Analyst Price Targets for Planet Fitness.

What is the consensus analysts' recommendation for Planet Fitness?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Planet Fitness in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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 initial public offering (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?

News headlines about PLNT stock have trended somewhat positive on Wednesday, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Planet Fitness earned a news impact score of 0.15 on Accern's scale. They also assigned press coverage about the company an impact score of 47.31 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Planet Fitness.

Who are Planet Fitness' major shareholders?

Planet Fitness' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.13%), Bank of New York Mellon Corp (3.65%), Eagle Asset Management Inc. (3.23%), Jennison Associates LLC (2.58%), FMR LLC (2.57%) and Investec Asset Management LTD (2.17%). Company insiders that own Planet Fitness stock include Charles Esserman, Christopher Rondeau, Dorvin D Lively, Marc Grondahl, Pierre Lecomte and Richard L Moore. 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 Bank of New York Mellon Corp, Investec Asset Management LTD, DSAM Partners London Ltd, Point72 Asset Management L.P., RWC Asset Management LLP, Fred Alger Management Inc., Castleark Management LLC and Engle Capital Management L.P.. 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 FMR LLC, BlackRock Inc., OppenheimerFunds Inc., Bank of America Corp DE, Voya Investment Management LLC, State of Wisconsin Investment Board, BlueMountain Capital Management LLC and Spark Investment Management LLC. 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 $50.57.

How big of a company is Planet Fitness?

Planet Fitness has a market capitalization of $5.00 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 (NYSE PLNT)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  369 (Vote Outperform)
Underperform Votes:  182 (Vote Underperform)
Total Votes:  551
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 8/22/2018 by MarketBeat.com Staff

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