S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:PLNT

Planet Fitness Stock Forecast, Price & News

$84.50
-5.96 (-6.59%)
(As of 11/26/2021 04:00 PM ET)
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Today's Range
$83.41
$85.50
50-Day Range
$76.28
$95.91
52-Week Range
$67.89
$99.60
Volume
1.06 million shs
Average Volume
1.10 million shs
Market Capitalization
$7.32 billion
P/E Ratio
150.89
Dividend Yield
N/A
Beta
1.21
30 days | 90 days | 365 days | Advanced Chart
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Planet Fitness logo

About Planet Fitness

Planet 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.

Headlines

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Industry, Sector and Symbol

Industry
Membership sports & recreation clubs
Sub-Industry
N/A
Fax
N/A
Employees
1,387
Year Founded
N/A

Sales & Book Value

Annual Sales
$406.62 million
Cash Flow
$0.68 per share
Book Value
($7.60) per share

Profitability

Net Income
$-14.99 million
Pretax Margin
13.45%

Debt

Price-To-Earnings

Miscellaneous

Free Float
81,045,000
Market Cap
$7.32 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/04/2021
Today
11/27/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/17/2022

MarketRank

Overall MarketRank

2.55 out of 5 stars

Consumer Discretionary Sector

124th out of 389 stocks

Membership Sports & Recreation Clubs Industry

1st out of 3 stocks

Analyst Opinion: 3.4Community Rank: 5.0Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -












Planet Fitness (NYSE:PLNT) Frequently Asked Questions

Is Planet Fitness a buy right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Planet Fitness in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Planet Fitness stock.
View analyst ratings for Planet Fitness
or view top-rated stocks.

How has Planet Fitness' stock price been impacted by Coronavirus (COVID-19)?

Planet Fitness' stock was trading at $57.00 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PLNT stock has increased by 48.2% and is now trading at $84.50.
View which stocks have been most impacted by COVID-19
.

When is Planet Fitness' next earnings date?

Planet Fitness is scheduled to release its next quarterly earnings announcement on Thursday, February 17th 2022.
View our earnings forecast for Planet Fitness
.

How were Planet Fitness' earnings last quarter?

Planet Fitness, Inc. (NYSE:PLNT) announced its earnings results on Thursday, November, 4th. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.08. The company earned $154.30 million during the quarter, compared to the consensus estimate of $134.79 million. Planet Fitness had a negative trailing twelve-month return on equity of 9.30% and a net margin of 8.51%. The company's revenue was up 46.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.02 EPS.
View Planet Fitness' earnings history
.

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

Planet Fitness updated its FY 2021 earnings guidance on Thursday, November, 18th. The company provided earnings per share guidance of $0.750-$0.800 for the period, compared to the Thomson Reuters consensus estimate of $0.730. The company issued revenue guidance of $570 million-$580 million, compared to the consensus revenue estimate of $538.14 million.

What price target have analysts set for PLNT?

11 analysts have issued 12 month price objectives for Planet Fitness' shares. Their forecasts range from $82.00 to $115.00. On average, they expect Planet Fitness' share price to reach $96.45 in the next twelve months. This suggests a possible upside of 14.1% from the stock's current price.
View analysts' price targets for Planet Fitness
or view top-rated stocks among Wall Street analysts.

Who are Planet Fitness' key executives?

Planet Fitness' management team includes the following people:
  • Christopher J. Rondeau, Chief Executive Officer & Director
  • Dorvin D. Lively, President
  • William Bode, Chief Operating Officer
  • Thomas J. Fitzgerald, Chief Financial Officer
  • Brian M. O’Donnell, Chief Accounting Officer & Vice President

What is Chris Rondeau's approval rating as Planet Fitness' CEO?

615 employees have rated Planet Fitness CEO Chris Rondeau on Glassdoor.com. Chris Rondeau has an approval rating of 68% among Planet Fitness' employees.

Who are some of Planet Fitness' key 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 NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS), Micron Technology (MU), PayPal (PYPL), Advanced Micro Devices (AMD), Tesla (TSLA), salesforce.com (CRM), JPMorgan Chase & Co. (JPM) and Netflix (NFLX).

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 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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.50%), Soroban Capital Partners LP (3.69%), Bank of New York Mellon Corp (3.46%), Alliancebernstein L.P. (2.34%), Frontier Capital Management Co. LLC (1.96%) and Wellington Management Group LLP (1.75%). Company insiders that own Planet Fitness stock include Brian O'donnell, Christopher Rondeau, Craig Jeffrey Miller, Craig R Benson, Dorvin D Lively, Jeremy Tucker, Thomas J Fitzgerald III and William Bode.
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 Macquarie Group Ltd., Morgan Stanley, Steadfast Capital Management LP, Wellington Management Group LLP, Broad Bay Capital Management LP, BlackRock Inc., Senvest Management LLC, and Alliancebernstein L.P.. Company insiders that have sold Planet Fitness company stock in the last year include Brian O'donnell, Christopher Rondeau, Dorvin D Lively, Jeremy Tucker, and William Bode.
View insider buying and selling activity for Planet Fitness
or view top insider-selling stocks.

Which major investors are buying Planet Fitness stock?

PLNT stock was acquired by a variety of institutional investors in the last quarter, including Soroban Capital Partners LP, Two Sigma Advisers LP, Man Group plc, AGF Investments Inc., PEAK6 Investments LLC, Nordea Investment Management AB, Liontrust Investment Partners LLP, and AXA S.A.. Company insiders that have bought Planet Fitness stock in the last two years include Christopher Rondeau, Craig Jeffrey Miller, Craig R Benson, Dorvin D Lively, and Thomas J Fitzgerald III.
View insider buying and selling activity for Planet Fitness
or or view top insider-buying stocks.

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 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 $84.50.

How much money does Planet Fitness make?

Planet Fitness has a market capitalization of $7.32 billion and generates $406.62 million in revenue each year. The company earns $-14.99 million in net income (profit) each year or $0.56 on an earnings per share basis.

How many employees does Planet Fitness have?

Planet Fitness employs 1,387 workers across the globe.

What is Planet Fitness' official website?

The official website for Planet Fitness is www.planetfitness.com.

Where are Planet Fitness' headquarters?

Planet Fitness is headquartered at 4 LIBERTY LANE WEST, HAMPTON NH, 03842.

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 11/27/2021 by MarketBeat.com Staff

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