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

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$54.46 -0.45 (-0.82 %)
(As of 12/13/2018 04:00 PM ET)
Previous Close$54.91
Today's Range$54.09 - $55.8198
52-Week Range$28.98 - $58.50
Volume751,247 shs
Average Volume1.11 million shs
Market Capitalization$5.22 billion
P/E Ratio64.83
Dividend YieldN/A
Beta0.77
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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity RatioN/A
Current Ratio5.32
Quick Ratio5.27

Price-To-Earnings

Trailing P/E Ratio64.83
Forward P/E Ratio45.38
P/E Growth2.27

Sales & Book Value

Annual Sales$429.94 million
Price / Sales12.37
Cash Flow$1.2222 per share
Price / Cash Flow44.56
Book Value($1.39) per share
Price / Book-39.18

Profitability

EPS (Most Recent Fiscal Year)$0.84
Net Income$33.14 million
Net Margins11.22%
Return on Equity-95.97%
Return on Assets8.92%

Miscellaneous

Employees833
Outstanding Shares97,630,000
Market Cap$5.22 billion
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 declared that its Board of Directors has authorized a share repurchase program on Friday, February 23rd 2018, which permits the company to repurchase $80,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's leadership believes its shares are undervalued.

How were Planet Fitness' earnings last quarter?

Planet Fitness Inc (NYSE:PLNT) announced its quarterly earnings results on Tuesday, November, 6th. The company reported $0.28 earnings per share for the quarter, topping analysts' consensus estimates of $0.24 by $0.04. The business had revenue of $136.66 million for the quarter, compared to analysts' expectations of $126.10 million. Planet Fitness had a net margin of 11.22% and a negative return on equity of 95.97%. The business's revenue was up 40.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.19 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 Thursday, February 28th 2019. 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 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 brokerages have issued twelve-month target prices for Planet Fitness' shares. Their predictions range from $22.00 to $68.00. On average, they expect Planet Fitness' share price to reach $52.3077 in the next year. This suggests that the stock has a possible downside of 4.0%. 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?

Media stories about PLNT stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Planet Fitness earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Are investors shorting Planet Fitness?

Planet Fitness saw a increase in short interest in November. As of November 15th, there was short interest totalling 7,912,178 shares, an increase of 120.8% from the October 31st total of 3,582,945 shares. Based on an average daily volume of 1,576,909 shares, the days-to-cover ratio is currently 5.0 days. Approximately 9.0% of the company's shares are short sold. View Planet Fitness' Current Options Chain.

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 IPO 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 served 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 a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.81%), Vanguard Group Inc (8.81%), BlackRock Inc. (6.22%), FMR LLC (4.60%), Alliancebernstein L.P. (3.85%) and Capital World Investors (3.55%). Company insiders that own Planet Fitness stock include Charles Esserman, Christopher Rondeau, Dorvin D Lively, Marc Grondahl 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 Capital World Investors, Jennison Associates LLC, Teachers Advisors LLC, Bank of New York Mellon Corp, Alliancebernstein L.P., Frontier Capital Management Co. LLC, Public Employees Retirement Association of Colorado and Marshall Wace North America L.P.. 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 bought by a variety of institutional investors in the last quarter, including FMR LLC, American Century Companies Inc., Marshall Wace LLP, Massachusetts Financial Services Co. MA, Capital International Investors, Renaissance Technologies LLC, Artemis Investment Management LLP and Vanguard Group 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 $54.46.

How big of a company is Planet Fitness?

Planet Fitness has a market capitalization of $5.22 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?

The official website for Planet Fitness is http://www.planetfitness.com.

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:  395 (Vote Outperform)
Underperform Votes:  204 (Vote Underperform)
Total Votes:  599
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 12/13/2018 by MarketBeat.com Staff

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