Top-Rated Stocks NYSE:PLNT Planet Fitness - PLNT Stock Forecast, Price & News Adding Choose a watchlist: 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. $83.23 +1.43 (+1.75%) (As of 01/26/2023 12:00 AM ET) Add Compare Share Share Today's Range$81.89▼$83.3150-Day Range$73.39▼$84.2152-Week Range$54.15▼$97.04Volume700,240 shsAverage Volume964,629 shsMarket Capitalization$7.45 billionP/E Ratio99.08Dividend YieldN/APrice Target$93.46 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Planet Fitness MarketRank™ ForecastAnalyst RatingModerate Buy2.92 Rating ScoreUpside/Downside12.3% Upside$93.46 Price TargetShort InterestHealthy4.68% of Float Sold ShortDividend StrengthN/ASustainability-1.17Upright™ Environmental ScoreNews Sentiment1.21Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth29.56%From $1.59 to $2.06 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.85 out of 5 starsConsumer Discretionary Sector25th out of 275 stocksMembership Sports & Recreation Clubs Industry1st out of 3 stocks 3.5 Analyst's Opinion Consensus RatingPlanet Fitness has received a consensus rating of Buy. The company's average rating score is 2.92, and is based on 10 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $93.46, Planet Fitness has a forecasted upside of 12.3% from its current price of $83.23.Amount of Analyst CoveragePlanet Fitness has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.68% of the float of Planet Fitness has been sold short.Short Interest Ratio / Days to CoverPlanet Fitness has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in Planet Fitness has recently decreased by 5.00%, indicating that investor sentiment is improving. 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 4.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePlanet Fitness has received a 67.23% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Fitness club services", "Face-to-face personal training", and "Fitness applications" products. See details.Environmental SustainabilityThe Environmental Impact score for Planet Fitness is -1.17. Previous Next 4.0 News and Social Media Coverage News SentimentPlanet Fitness has a news sentiment score of 1.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Planet Fitness this week, compared to 4 articles on an average week.Search Interest7 people have searched for PLNT on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.MarketBeat Follows8 people have added Planet Fitness to their MarketBeat watchlist in the last 30 days. This is an increase of 60% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Planet Fitness insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.94% of the stock of Planet Fitness is held by insiders.Percentage Held by Institutions94.56% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Planet Fitness are expected to grow by 29.56% in the coming year, from $1.59 to $2.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Planet Fitness is 99.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.52.Price to Earnings Ratio vs. SectorThe P/E ratio of Planet Fitness is 99.08, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.10.Price to Earnings Growth RatioPlanet Fitness has a PEG Ratio of 1.24. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks Here About Planet Fitness (NYSE:PLNT) StockPlanet Fitness, Inc. engages in the operation and franchising of fitness centers. It operates through the following segments: Franchise, Corporate-Owned Stores, and Equipment. The Franchise segment includes operations related to the company's franchising business in the United States, Puerto Rico, Canada, the Dominican Republic, Panama, Mexico, and Australia. The Corporate-Owned Stores segment comprises operations with respect to all Corporate-owned stores throughout the United States and Canada. The Equipment segment involves the sale of equipment to franchisee-owned stores. The company was founded by Michael Grondahl and Marc Grondahl in 1992 and is headquartered in Hampton, NH.Read More Receive PLNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Planet Fitness and its competitors with MarketBeat's FREE daily newsletter. Email Address PLNT Stock News HeadlinesJanuary 25, 2023 | msn.comEXCLUSIVE: Holiday Retail Trends — Linda Bolton Weiser Weighs In On The Toy And Beauty IndustriesJanuary 25, 2023 | technews.tmcnet.comINVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Planet Fitness, Inc. (PLNT) on Behalf of InvestorsJanuary 27, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 25, 2023 | finance.yahoo.comIs This a Better Fitness Stock Than Peloton in 2023?January 25, 2023 | americanbankingnews.comPlanet Fitness, Inc. (NYSE:PLNT) Receives $93.46 Consensus Price Target from BrokeragesJanuary 24, 2023 | technews.tmcnet.comThe Law Offices of Frank R. Cruz Announces Investigation of Planet Fitness, Inc. (PLNT) on Behalf of InvestorsJanuary 24, 2023 | finance.yahoo.comHere's Why Planet Fitness (PLNT) is a Strong Growth StockJanuary 23, 2023 | finance.yahoo.comBOOST YOUR ENERGY IN 2023: JOIN PLANET FITNESS FOR $1 DOWN, AND THEN $10 A MONTH NOW THROUGH JANUARY 31January 27, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 19, 2023 | businesswire.comPLNT EQUITY ALERT: Rosen Law Firm Encourages Planet Fitness, Inc. Investors with Losses to Inquire About Securities Class Action Investigation – PLNTJanuary 19, 2023 | businesswire.comINVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Planet Fitness, Inc. and Encourages Investors with Losses to Contact the FirmJanuary 19, 2023 | benzinga.comPlanet Fitness 'An Illegal Billing Operation With Gyms On The Side': Short SellerJanuary 17, 2023 | finance.yahoo.comIs Planet Fitness (PLNT) a High Growth Stock?January 11, 2023 | markets.businessinsider.comAnalysts Unanimously Love These Stocks for 2023January 11, 2023 | fool.comPlanet Fitness (NYSE: PLNT)January 11, 2023 | finance.yahoo.comHear from Planet Fitness CEO, Chris Rondeau Live at ICR ConferenceJanuary 10, 2023 | msn.comPlanet Fitness touts membership growth, footprint expansionJanuary 9, 2023 | finance.yahoo.comPlanet Fitness stock drops 5% after release of membership figuresJanuary 9, 2023 | finance.yahoo.comPlanet Fitness Announces Key Year-End MetricsJanuary 8, 2023 | msn.comPlanet Fitness coming to WashingtonJanuary 6, 2023 | reuters.comFitness firms’ regime: lots of brands, few assetsJanuary 6, 2023 | finance.yahoo.comPLANET FITNESS PUMPS UP THE SAVINGS WITH NEW MEMBERSHIP PERKS AND SHELL | FUEL REWARDS® PROGRAMJanuary 4, 2023 | finance.yahoo.comPlanet Fitness franchisees ‘extremely strong,’ CEO saysJanuary 3, 2023 | finance.yahoo.comPlanet Fitness Is Getting in Shape to Start the YearDecember 30, 2022 | finance.yahoo.comDEFEAT "LOW E" IN 2023: NEW NATIONAL SURVEY FINDS THAT 89 PERCENT OF PEOPLE ARE SUFFERING FROM LOW ENERGY (SPOILER ALERT: FITNESS IS THE ANTIDOTE)December 20, 2022 | finance.yahoo.comIs Planet Fitness (PLNT) a Rapidly Growing Business?December 12, 2022 | msn.comPlanet Fitness taps Edward Hymes for president and COO postSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PLNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Planet Fitness and its competitors with MarketBeat's FREE daily newsletter. Email Address PLNT Company Calendar Last Earnings11/08/2022Today1/26/2023Next Earnings (Estimated)2/23/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Membership sports & recreation clubs Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:PLNT CUSIPN/A CIK1637207 Webwww.planetfitness.com Phone(603) 750-0001FaxN/AEmployees1,774Year FoundedN/APrice Target and Rating Average Stock Price Forecast$93.46 High Stock Price Forecast$130.00 Low Stock Price Forecast$75.00 Forecasted Upside/Downside+12.3%Consensus RatingModerate Buy Rating Score (0-4)2.92 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$0.84 Trailing P/E Ratio99.08 Forward P/E Ratio52.35 P/E Growth1.25Net Income$42.77 million Net Margins8.52% Pretax Margin12.81% Return on Equity-36.77% Return on Assets4.56% Debt Debt-to-Equity RatioN/A Current Ratio2.09 Quick Ratio2.08 Sales & Book Value Annual Sales$587.02 million Price / Sales12.70 Cash Flow$1.65 per share Price / Cash Flow50.49 Book Value($7.40) per share Price / Book-11.25Miscellaneous Outstanding Shares89,560,000Free Float84,241,000Market Cap$7.45 billion OptionableOptionable Beta1.24 Key ExecutivesChristopher J. RondeauChief Executive Officer & DirectorEdward HymesPresident & Chief Operating OfficerWilliam BodeChief Operating OfficerThomas J. FitzgeraldChief Financial OfficerPaul BarberChief Information OfficerKey CompetitorsRokuNASDAQ:ROKUNexstar Media GroupNASDAQ:NXSTSkechers U.S.A.NYSE:SKXMattelNASDAQ:MATMohawk IndustriesNYSE:MHKView All CompetitorsInsiders & InstitutionsStrs OhioBought 320,000 shares on 1/26/2023Ownership: 0.357%Campbell Newman Asset Management Inc.Bought 448 shares on 1/26/2023Ownership: 0.016%Fifth Third BancorpBought 5,538 shares on 1/25/2023Ownership: 0.006%Whittier Trust Co.Bought 919 shares on 1/25/2023Ownership: 0.005%Whittier Trust Co. of Nevada Inc.Bought 384 shares on 1/25/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions PLNT Stock - Frequently Asked Questions Should I buy or sell Planet Fitness stock right now? 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Planet Fitness in the last twelve months. There are currently 2 hold ratings, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PLNT shares. View PLNT analyst ratings or view top-rated stocks. What is Planet Fitness' stock price forecast for 2023? 13 brokers have issued 12 month target prices for Planet Fitness' shares. Their PLNT share price forecasts range from $75.00 to $130.00. On average, they expect the company's stock price to reach $93.46 in the next year. This suggests a possible upside of 12.3% from the stock's current price. View analysts price targets for PLNT or view top-rated stocks among Wall Street analysts. How have PLNT shares performed in 2023? Planet Fitness' stock was trading at $78.80 at the beginning of 2023. Since then, PLNT stock has increased by 5.6% and is now trading at $83.23. View the best growth stocks for 2023 here. When is Planet Fitness' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023. View our PLNT earnings forecast. How were Planet Fitness' earnings last quarter? Planet Fitness, Inc. (NYSE:PLNT) released its quarterly earnings results on Tuesday, November, 8th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.03. The firm had revenue of $244.39 million for the quarter, compared to analyst estimates of $237.40 million. Planet Fitness had a net margin of 8.52% and a negative trailing twelve-month return on equity of 36.77%. What is Chris Rondeau's approval rating as Planet Fitness' CEO? 615 employees have rated Planet Fitness Chief Executive Officer Chris Rondeau on Glassdoor.com. Chris Rondeau has an approval rating of 68% among the company's employees. 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 NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS), Micron Technology (MU), PayPal (PYPL), Advanced Micro Devices (AMD), Tesla (TSLA), Salesforce (CRM), JPMorgan Chase & Co. (JPM) and Netflix (NFLX). 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. 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 a number of institutional and retail investors. Top institutional investors include Artemis Investment Management LLP (1.40%), Allspring Global Investments Holdings LLC (0.73%), Peregrine Capital Management LLC (0.56%), Strs Ohio (0.36%), AEGON ASSET MANAGEMENT UK Plc (0.30%) and Walter Public Investments Inc. (0.19%). Insiders that own company stock include Brian O'donnell, Christopher Rondeau, Craig Jeffrey Miller, Craig R Benson, Dorvin D Lively, Dorvin D Lively, Jeremy Tucker, Thomas J Fitzgerald III and William Bode. View institutional ownership trends. How do I buy shares of Planet Fitness? Shares of PLNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Planet Fitness' stock price today? One share of PLNT stock can currently be purchased for approximately $83.23. How much money does Planet Fitness make? Planet Fitness (NYSE:PLNT) has a market capitalization of $7.45 billion and generates $587.02 million in revenue each year. The company earns $42.77 million in net income (profit) each year or $0.84 on an earnings per share basis. How many employees does Planet Fitness have? The company employs 1,774 workers across the globe. How can I contact Planet Fitness? Planet Fitness' mailing address is 4 LIBERTY LANE WEST, HAMPTON NH, 03842. The official website for the company is www.planetfitness.com. The company can be reached via phone at (603) 750-0001 or via email at investor@planetfitness.com. This page (NYSE:PLNT) was last updated on 1/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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