Planet Fitness Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Planet Fitness in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Planet Fitness stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PLNT, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Planet Fitness a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Planet Fitness wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Planet Fitness is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Planet Fitness.

Planet Fitness, Inc. (NYSE:PLNT) announced its quarterly earnings data on Thursday, May, 6th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.19 by $0.09. The company earned $111.90 million during the quarter, compared to analysts' expectations of $122.49 million. The business's quarterly revenue was down 12.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.16 earnings per share.
View Planet Fitness' earnings history.

Planet Fitness' stock was trading at $57.00 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PLNT shares have increased by 30.2% and is now trading at $74.22.
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13 Wall Street analysts have issued 1-year price objectives for Planet Fitness' shares. Their forecasts range from $55.00 to $100.00. On average, they anticipate Planet Fitness' share price to reach $79.42 in the next twelve months. This suggests a possible upside of 7.0% from the stock's current price.
View analysts' price targets for Planet Fitness or view top-rated stocks among Wall Street analysts.

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

Some companies that are related to Planet Fitness include Unicharm (UNICY), Trip.com Group (TCOM), Royal Caribbean Group (RCL), DISH Network (DISH), Caesars Entertainment (CZR), FOX (FOXA), Shimano (SMNNY), FOX (FOX), MGM Resorts International (MGM), DraftKings (DKNG), Take-Two Interactive Software (TTWO), Endeavor Group (EDR), Live Nation Entertainment (LYV), Warner Music Group (WMG) and Pool (POOL).
View all of PLNT's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Planet Fitness investors own include NVIDIA (NVDA), Alibaba Group (BABA), The Walt Disney (DIS), Micron Technology (MU), PayPal (PYPL), Advanced Micro Devices (AMD), Tesla (TSLA), salesforce.com (CRM), JPMorgan Chase & Co. (JPM) and Netflix (NFLX).

(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 acted as the underwriters for the IPO and Guggenheim Securities, Baird, William Blair, Piper Jaffray and Cowen and Company were co-managers.

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

Planet Fitness' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.52%), Price T Rowe Associates Inc. MD (3.57%), Ameriprise Financial Inc. (3.28%), JPMorgan Chase & Co. (3.04%), Morgan Stanley (2.59%) and Alliancebernstein L.P. (2.40%). Company insiders that own Planet Fitness stock include Brian O'donnell, Christopher Rondeau, Craig Jeffrey Miller, Craig R Benson, Dorvin D Lively and William Bode.
View institutional ownership trends for Planet Fitness.

PLNT stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Steadfast Capital Management LP, BlackRock Inc., Man Group plc, Thrivent Financial for Lutherans, Stamina Capital Management LP, Fred Alger Management LLC, and Principal Financial Group Inc.. Company insiders that have sold Planet Fitness company stock in the last year include Brian O'donnell, Christopher Rondeau, Dorvin D Lively, and William Bode.
View insider buying and selling activity for Planet Fitness or view top insider-selling stocks.

PLNT stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Atreides Management LP, Champlain Investment Partners LLC, Goldman Sachs Group Inc., TimesSquare Capital Management LLC, Ameriprise Financial Inc., Varma Mutual Pension Insurance Co, and JPMorgan Chase & Co.. Company insiders that have bought Planet Fitness stock in the last two years include Christopher Rondeau, Craig Jeffrey Miller, Craig R Benson, and Dorvin D Lively.
View insider buying and selling activity for Planet Fitness or or view top insider-buying stocks.

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.
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One share of PLNT stock can currently be purchased for approximately $74.22.

Planet Fitness has a market capitalization of $6.43 billion and generates $406.62 million in revenue each year. The company earns $-14,990,000.00 in net income (profit) each year or $0.04 on an earnings per share basis.

Planet Fitness employs 1,387 workers across the globe.

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

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

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]