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.
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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$572.90 million
Profitability
Miscellaneous
Employees1,302
Next Earnings Date11/5/2019 (Estimated)
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 plan on Friday, February 23rd 2018, which permits the company to repurchase $80,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.
How were Planet Fitness' earnings last quarter?
Planet Fitness Inc (NYSE:PLNT) released its quarterly earnings results on Tuesday, August, 6th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.41 by $0.04. The firm earned $181.66 million during the quarter, compared to analyst estimates of $167.91 million. Planet Fitness had a negative return on equity of 46.45% and a net margin of 16.29%. Planet Fitness's revenue for the quarter was up 29.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.34 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 FY19 earnings guidance on Tuesday, August, 6th. The company provided earnings per share guidance of ~$1.54 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.54. The company issued revenue guidance of ~$676 million, compared to the consensus revenue estimate of $662.91 million.
What price target have analysts set for PLNT?
12 brokerages have issued 12-month target prices for Planet Fitness' shares. Their forecasts range from $60.00 to $86.00. On average, they anticipate Planet Fitness' share price to reach $78.54 in the next twelve months. This suggests a possible upside of 29.8% from the stock's current price. 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 3 hold ratings and 9 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 coverage about PLNT stock has trended somewhat positive on Sunday, InfoTrie reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Planet Fitness earned a coverage optimism score of 0.8 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Planet Fitness.
Are investors shorting Planet Fitness?
Planet Fitness saw a decrease in short interest in the month of September. As of September 30th, there was short interest totalling 3,690,000 shares, a decrease of 16.3% from the August 30th total of 4,410,000 shares. Based on an average daily volume of 1,250,000 shares, the days-to-cover ratio is currently 3.0 days. Approximately 4.4% of the shares of the company are short sold. View Planet Fitness' Current Options Chain.
Who are some of Planet Fitness' key competitors?
Some companies that are related to Planet Fitness include Carnival (CCL), TAL Education Group (TAL), Toshiba (TOSYY), Panasonic (PCRFY), Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA), FOX (FOXA), FOX (FOX), Discovery Inc Series B (DISCB), UNICHARM CORP/S (UNICY), Liberty Global (LBTYA), Liberty Global (LBTYB), Liberty Global (LBTYK), DISH Network (DISH) and New Oriental Education & Tech Grp (EDU).
What other stocks do shareholders of Planet Fitness own?
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. Roger Verghis Chacko, Chief Commercial Officer (Age 52)
- 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 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.
Who are Planet Fitness' major shareholders?
Planet Fitness' stock is owned by a number of of institutional and retail investors. Top institutional investors include Artemis Investment Management LLP (1.03%), Scout Investments Inc. (0.44%), Three Peaks Capital Management LLC (0.06%), Whittier Trust Co. (0.05%), Envestnet Asset Management Inc. (0.04%) and Landsberg Bennett & Dubbaneh LLC (0.03%). Company insiders that own Planet Fitness stock include Christopher Rondeau, David P Berg, 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 Artemis Investment Management LLP, Meeder Asset Management Inc., CIBC Private Wealth Group LLC and Envestnet Asset Management Inc.. Company insiders that have sold Planet Fitness company stock in the last year include Christopher Rondeau, David P Berg and Dorvin D Lively. View Insider Buying and Selling for Planet Fitness.
Which institutional investors are buying Planet Fitness stock?
PLNT stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., Three Peaks Capital Management LLC, Cerebellum GP LLC, Sumitomo Mitsui DS Asset Management Company Ltd, Whittier Trust Co. of Nevada Inc., Starfire Investment Advisers Inc., Covenant Asset Management LLC and Redhawk Wealth Advisors 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, Robinhood, Fidelity and Charles Schwab.
What is Planet Fitness' stock price today?
One share of PLNT stock can currently be purchased for approximately $60.49.
How big of a company is Planet Fitness?
Planet Fitness has a market capitalization of $5.60 billion and generates $572.90 million in revenue each year. The company earns $88.02 million in net income (profit) each year or $1.22 on an earnings per share basis. Planet Fitness employs 1,302 workers across the globe.View Additional Information About Planet Fitness.
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]com.
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.
