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
Industry Membership sports & recreation clubs
Sub-IndustryN/A
SectorConsumer Discretionary
Phone603-750-0001
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$429.94 million
Profitability
Miscellaneous
Employees833
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 authorized 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 repurchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's management believes its stock is undervalued.
How were Planet Fitness' earnings last quarter?
Planet Fitness Inc (NYSE:PLNT) posted its quarterly earnings data on Tuesday, November, 6th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.04. The firm had revenue of $136.66 million for 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%. Planet Fitness's revenue was up 40.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.19 EPS. 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 brokers have issued 1-year price objectives for Planet Fitness' stock. Their forecasts range from $22.00 to $68.00. On average, they anticipate Planet Fitness' stock price to reach $52.3077 in the next twelve months. This suggests that the stock has a possible downside of 10.6%. 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 articles about PLNT stock have been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Planet Fitness earned a daily sentiment score of 0.9 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the stock's share price in the near term.
Who are some of Planet Fitness' key competitors?
Some companies that are related to Planet Fitness include Panasonic (PCRFY), Royal Caribbean Cruises (RCL), Hilton Hotels (HLT), UNICHARM CORP/S (UNICY), Toshiba (TOSYY), Lululemon Athletica (LULU), Discovery Inc Series B (DISCB), CBS (CBS), CBS (CBS.A), TAL Education Group (TAL), Liberty Global (LBTYB), Liberty Global (LBTYA), Liberty Global (LBTYK), MGM Resorts International (MGM) and Discovery Communications (DISCA).
Who are Planet Fitness' key executives?
Planet Fitness' management team includes the folowing 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. Richard L. Moore, Consultant (Age 48)
- Mr. Justin Vartanian, Gen. Counsel & Sec.
When did Planet Fitness IPO?
(PLNT) raised $202 million in an initial public offering 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.
Who are Planet Fitness' major shareholders?
Planet Fitness' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Nippon Life Global Investors Americas Inc. (0.07%), KAMES CAPITAL plc (0.05%), Landsberg Bennett & Dubbaneh LLC (0.04%), Sheets Smith Wealth Management (0.01%), Virtu Financial LLC (0.00%) and First Hawaiian Bank (0.00%). Company insiders that own Planet Fitness stock include Charles Esserman, Christopher Rondeau, Dorvin D Lively 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 KAMES CAPITAL plc and First Hawaiian Bank. 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 institutional investors are buying Planet Fitness stock?
PLNT stock was acquired by a variety of institutional investors in the last quarter, including Landsberg Bennett & Dubbaneh LLC, Nippon Life Global Investors Americas Inc., Sheets Smith Wealth Management, Virtu Financial LLC and Meeder Asset Management 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 $58.50.
How big of a company is Planet Fitness?
Planet Fitness has a market capitalization of $5.71 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.
