Planet Fitness Company Profile (NYSE:PLNT)

About Planet Fitness (NYSE:PLNT)

Planet Fitness logoPlanet Fitness, Inc. is a franchisor and operator of fitness centers in the United States. The Company operates through three 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, the Dominican Republic and Canada. The Corporate-owned stores segment includes operations with respect to all corporate-owned stores throughout the United States and Canada. The Equipment segment includes the sale of equipment to franchisee-owned stores. As of December 31, 2016, it had approximately 8.9 million members and 1,313 stores in 48 states, the District of Columbia, Puerto Rico, Canada and the Dominican Republic. Of its 1,313 stores, 1,255 were franchised and 58 are corporate-owned, as of December 31, 2016.

Industry, Sector and Symbol:
  • Sector: Cyclical Consumer Goods & Services
  • Industry: Gyms, Fitness and Spa Centers
  • Sub-Industry: N/A
  • Symbol: NYSE:PLNT
  • CUSIP: N/A
  • Web:
  • Market Cap: $2.23 billion
  • Outstanding Shares: 85,651,000
Average Prices:
  • 50 Day Moving Avg: $26.38
  • 200 Day Moving Avg: $26.38
  • 52 Week Range: $18.32 - $27.22
  • Trailing P/E Ratio: 44.88
  • Foreward P/E Ratio: 27.69
  • P/E Growth: 1.90
Sales & Book Value:
  • Annual Revenue: $401.84 million
  • Price / Sales: 5.55
  • Book Value: ($1.56) per share
  • Price / Book: -16.69
  • EBITDA: $164.5 million
  • Net Margins: 16.78%
  • Return on Assets: 5.75%
  • Debt-to-Equity Ratio: -4.46%
  • Current Ratio: 1.29%
  • Quick Ratio: 1.28%
  • Average Volume: 917,536 shs.
  • Beta: 0.86
  • Short Ratio: 14.36

Frequently Asked Questions for Planet Fitness (NYSE:PLNT)

What is Planet Fitness' stock symbol?

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

How often does Planet Fitness pay dividends? What is the dividend yield for Planet Fitness?

Planet Fitness declared a special dividend on Friday, November 11th. Shareholders of record on Tuesday, November 22nd will be paid a dividend of $2.78 per share on Monday, December 5th. The ex-dividend date of this dividend is Friday, November 18th. View Planet Fitness' Dividend History.

How were Planet Fitness' earnings last quarter?

Planet Fitness Inc (NYSE:PLNT) posted its quarterly earnings results on Wednesday, August, 9th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.03. The firm earned $107.31 million during the quarter, compared to the consensus estimate of $101.99 million. The firm's revenue for the quarter was up 17.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.17 EPS. View Planet Fitness' Earnings History.

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

Planet Fitness issued an update on its FY17 earnings guidance on Wednesday, August, 9th. The company provided EPS guidance of $0.76-0.78 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.77. The company issued revenue guidance of $409-415 million, compared to the consensus revenue estimate of $412.48 million.

Where is Planet Fitness' stock going? Where will Planet Fitness' stock price be in 2017?

9 brokers have issued 1-year target prices for Planet Fitness' shares. Their forecasts range from $24.00 to $31.00. On average, they expect Planet Fitness' stock price to reach $27.88 in the next year. View Analyst Ratings for Planet Fitness.

What are analysts saying about Planet Fitness stock?

Here are some recent quotes from research analysts about Planet Fitness stock:

  • 1. According to Zacks Investment Research, "Planet Fitness, Inc. franchises and operates fitness centers through its subsidiaries. The company's operating segments consists of Franchise, Corporate-owned stores and Equipment. It is engaged in licensing and selling franchises under the Planet Fitness trade name, owning and operating fitness centers under the Planet Fitness trade name and selling fitness-related equipment to franchisee-owned stores. Planet Fitness, Inc. is headquartered in Newington, New Hampshire. " (10/11/2017)
  • 2. Wedbush analysts commented, "While the momentum at PLNT is undeniable, the valuation and sentiment seems to leave little room for multiple expansion, suggesting the primary lever for share appreciation is earnings growth. As such, given same-store sales that are likely to decelerate as the store base matures, we believe a better entry point is likely to present itself, be it a function of the earnings power growing into the multiple or a correction of the market and/or the stock." (3/24/2017)
  • 3. Jefferies Group LLC analysts commented, "With 4Q marking two consecutive quarters of +DD comps, PLNT is entering 2017 with momentum. Margins were strong with GM and SG&A both better than consensus, contributing to a bottom-line beat. While EPS guidance for the year is a bit light vs. consensus, we still like this story and consistent execution indicates the business model is truly scalable. Reiterate Buy. $25 PT" (3/2/2017)

Who are some of Planet Fitness' key competitors?

Who are Planet Fitness' key executives?

Planet Fitness' management team includes the folowing people:

  • Dorvin Lively, President, Chief Financial Officer
  • Christopher J. Rondeau, Chief Executive Officer, Director
  • Richard L. Moore, Chief Administrative Officer, General Counsel
  • Craig R. Benson, Director
  • Cammie Dunaway, Director
  • David P. Berg, Independent Director
  • Charles H. Esserman, Independent Director
  • Frances Gregg Rathke, Independent Director

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

How do I buy Planet Fitness stock?

Shares of Planet Fitness can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Planet Fitness' stock price today?

One share of Planet Fitness stock can currently be purchased for approximately $26.03.

MarketBeat Community Rating for Planet Fitness (NYSE PLNT)
Community Ranking:  3.6 out of 5 (star star star)
Outperform Votes:  260 (Vote Outperform)
Underperform Votes:  100 (Vote Underperform)
Total Votes:  360
MarketBeat's community ratings are surveys of what our community members think about Planet Fitness and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Planet Fitness (NYSE:PLNT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.89)
Consensus Price Target: $27.88 (7.09% upside)
Consensus Price Target History for Planet Fitness (NYSE:PLNT)
Price Target History for Planet Fitness (NYSE:PLNT)
Analysts' Ratings History for Planet Fitness (NYSE:PLNT)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/4/2017Robert W. BairdReiterated RatingOutperform$28.00 -> $31.00MediumView Rating Details
9/14/2017Jefferies Group LLCReiterated RatingBuy$29.00LowView Rating Details
8/21/2017Roth CapitalBoost Price TargetBuy$23.00 -> $27.00LowView Rating Details
8/15/2017Imperial CapitalBoost Price TargetOutperform$25.00 -> $28.00LowView Rating Details
8/10/2017Cowen and CompanyReiterated RatingOutperform$23.00 -> $28.00LowView Rating Details
4/24/2017GuggenheimReiterated RatingBuy$24.00LowView Rating Details
3/24/2017WedbushDowngradeOutperform -> NeutralLowView Rating Details
1/5/2017Goldman Sachs Group, Inc. (The)Initiated CoverageOutperform$28.00N/AView Rating Details
1/5/2017MacquarieInitiated CoverageOutperform$28.00N/AView Rating Details
8/12/2016Piper Jaffray CompaniesBoost Price TargetOverweight$21.00 -> $23.00N/AView Rating Details
6/27/2016Credit Suisse GroupReiterated RatingOutperform$19.00N/AView Rating Details
6/6/2016J P Morgan Chase & CoInitiated CoverageOverweight$22.00N/AView Rating Details
12/3/2015StephensInitiated CoverageEqual Weight$19.00N/AView Rating Details
(Data available from 10/17/2015 forward)


Earnings History for Planet Fitness (NYSE:PLNT)
Earnings by Quarter for Planet Fitness (NYSE:PLNT)
Earnings History by Quarter for Planet Fitness (NYSE PLNT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/9/2017Q2 2017$0.19$0.22$101.99 million$107.31 millionViewListenView Earnings Details
5/2/2017Q1 2017$0.16$0.19$91.33 million$91.10 millionViewListenView Earnings Details
3/1/2017Q416$0.19$0.20$114.59 million$116.40 millionViewListenView Earnings Details
10/26/2016Q316$0.14$0.16$79.32 million$87.00 millionViewListenView Earnings Details
8/11/2016Q216$0.15$0.17$78.95 million$91.50 millionViewListenView Earnings Details
5/10/2016Q1$0.13$0.15$78.70 million$83.30 millionViewListenView Earnings Details
3/3/2016Q415$0.15$0.17$69.00 million$105.80 millionViewN/AView Earnings Details
11/12/2015Q315$0.09$0.10$66.60 million$68.80 millionViewListenView Earnings Details
9/2/2015Q215$0.12$0.13$77.30 million$78.95 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Planet Fitness (NYSE:PLNT)
Current Year EPS Consensus Estimate: $0.47 EPS
Next Year EPS Consensus Estimate: $0.94 EPS


Current Dividend Information for Planet Fitness (NYSE:PLNT)
Most Recent Dividend:12/5/2016
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Planet Fitness (NYSE:PLNT)

Dividend History by Quarter for Planet Fitness (NYSE PLNT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Planet Fitness (NYSE:PLNT)
Insider Ownership Percentage: 19.87%
Institutional Ownership Percentage: 94.15%
Insider Trades by Quarter for Planet Fitness (NYSE:PLNT)
Institutional Ownership by Quarter for Planet Fitness (NYSE:PLNT)
Insider Trades by Quarter for Planet Fitness (NYSE:PLNT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/4/2017Christopher RondeauCEOSell20,000$26.43$528,600.00View SEC Filing  
10/3/2017Christopher RondeauCEOSell20,000$26.75$535,000.00View SEC Filing  
5/10/2017Charles EssermanDirectorSell16,085,510$20.28$326,214,142.80View SEC Filing  
5/3/2017Christopher RondeauCEOSell20,000$20.19$403,800.00View SEC Filing  
5/2/2017Christopher RondeauCEOSell20,000$20.28$405,600.00View SEC Filing  
4/19/2017Christopher RondeauCEOSell20,000$18.67$373,400.00View SEC Filing  
4/18/2017Christopher RondeauCEOSell20,000$18.69$373,800.00View SEC Filing  
4/7/2017Christopher RondeauCEOSell20,000$19.13$382,600.00View SEC Filing  
4/6/2017Christopher RondeauCEOSell20,000$19.27$385,400.00View SEC Filing  
3/23/2017Christopher RondeauCEOSell20,000$19.73$394,600.00View SEC Filing  
3/22/2017Christopher RondeauCEOSell20,000$19.73$394,600.00View SEC Filing  
3/7/2017Christopher RondeauCEOSell20,000$20.82$416,400.00View SEC Filing  
3/6/2017Christopher RondeauCEOSell20,000$21.31$426,200.00View SEC Filing  
2/23/2017Christopher RondeauCEOSell20,000$21.09$421,800.00View SEC Filing  
1/24/2017Christopher RondeauCEOSell20,000$20.31$406,200.00View SEC Filing  
1/23/2017Christopher RondeauCEOSell20,000$19.97$399,400.00View SEC Filing  
1/13/2017Marc GrondahlDirectorSell99,949$20.63$2,061,947.87View SEC Filing  
1/12/2017Christopher RondeauCEOSell20,000$20.38$407,600.00View SEC Filing  
1/12/2017Marc GrondahlDirectorSell96,582$20.37$1,967,375.34View SEC Filing  
1/11/2017Christopher RondeauCEOSell20,000$20.46$409,200.00View SEC Filing  
1/11/2017Marc GrondahlDirectorSell94,289$20.47$1,930,095.83View SEC Filing  
1/10/2017Marc GrondahlDirectorSell117,220$20.07$2,352,605.40View SEC Filing  
1/9/2017Marc GrondahlDirectorSell46,251$20.02$925,945.02View SEC Filing  
1/6/2017Marc GrondahlDirectorSell52,591$20.07$1,055,501.37View SEC Filing  
1/5/2017Marc GrondahlDirectorSell63,092$20.14$1,270,672.88View SEC Filing  
1/4/2017Marc GrondahlDirectorSell54,451$20.24$1,102,088.24View SEC Filing  
1/3/2017Marc GrondahlDirectorSell75,197$20.08$1,509,955.76View SEC Filing  
12/30/2016Marc GrondahlDirectorSell60,669$20.06$1,217,020.14View SEC Filing  
12/29/2016Christopher RondeauCEOSell20,000$19.98$399,600.00View SEC Filing  
12/29/2016Marc GrondahlDirectorSell31,925$20.01$638,819.25View SEC Filing  
12/28/2016Christopher RondeauCEOSell20,000$19.77$395,400.00View SEC Filing  
12/27/2016Marc GrondahlDirectorSell887$20.01$17,748.87View SEC Filing  
12/22/2016Marc GrondahlDirectorSell400$20.03$8,012.00View SEC Filing  
12/21/2016Marc GrondahlDirectorSell101,296$20.15$2,041,114.40View SEC Filing  
12/20/2016Marc GrondahlDirectorSell48,349$20.69$1,000,340.81View SEC Filing  
12/19/2016Marc GrondahlDirectorSell56,852$20.77$1,180,816.04View SEC Filing  
12/13/2016Christopher RondeauCEOSell20,000$20.88$417,600.00View SEC Filing  
11/29/2016Christopher RondeauCEOSell20,000$20.81$416,200.00View SEC Filing  
11/28/2016Christopher RondeauCEOSell20,000$21.20$424,000.00View SEC Filing  
11/22/2016Pierre LecomteDirectorSell15,000,000$23.22$348,300,000.00View SEC Filing  
11/14/2016Christopher RondeauCEOSell2,000$24.57$49,140.00View SEC Filing  
11/4/2016Christopher RondeauCEOSell20,000$21.02$420,400.00View SEC Filing  
11/3/2016Christopher RondeauCEOSell20,000$20.88$417,600.00View SEC Filing  
10/27/2016Richard L MooreInsiderSell41,800$21.21$886,578.00View SEC Filing  
10/20/2016Christopher RondeauCEOSell20,000$19.54$390,800.00View SEC Filing  
10/19/2016Christopher RondeauCEOSell20,000$19.42$388,400.00View SEC Filing  
10/4/2016Christopher RondeauCEOSell20,000$19.91$398,200.00View SEC Filing  
10/3/2016Christopher RondeauCEOSell20,000$19.76$395,200.00View SEC Filing  
9/28/2016Pierre LecomteDirectorSell8,000,000$19.62$156,960,000.00View SEC Filing  
9/23/2016Richard L MooreInsiderSell8,200$21.00$172,200.00View SEC Filing  
6/28/2016Richard L MooreInsiderSell150,000$15.76$2,364,000.00View SEC Filing  
6/28/2016Tsg6 Management L.L.C.Major ShareholderSell11,129,887$15.76$175,407,019.12View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Planet Fitness (NYSE:PLNT)
Latest Headlines for Planet Fitness (NYSE:PLNT)
DateHeadline logoHead-To-Head Analysis: YogaWorks (YOGA) vs. Planet Fitness (PLNT) - October 17 at 6:24 PM logoPlanet Fitness (PLNT) Appoints Cammie Dunaway To Board Of Directors - - October 17 at 4:06 PM logoPlanet Fitness (PLNT) Appoints Cammie Dunaway To Board Of Directors - October 17 at 6:21 AM logoPlanet Fitness Appoints Cammie Dunaway To Board Of Directors - October 17 at 6:21 AM logoHead-To-Head Comparison: Planet Fitness (PLNT) vs. YogaWorks (YOGA) - October 17 at 4:10 AM logoZacks Investment Research Upgrades Planet Fitness, Inc. (PLNT) to Buy - October 15 at 9:02 PM logo4 Reasons to Add RCI Hospitality (RICK) to Your Portfolio - Nasdaq - October 14 at 6:50 AM logoPlanet Fitness, Inc. (PLNT) Given Consensus Recommendation of "Buy" by Analysts - October 12 at 4:50 PM logoTraditional gyms add membership options to compete with boutique fitness studios - October 11 at 6:38 AM logoPlanet Fitness, Inc. (PLNT) Rating Lowered to Hold at BidaskClub - October 8 at 2:16 PM logoInsider Selling: Planet Fitness, Inc. (PLNT) CEO Sells 20,000 Shares of Stock - October 5 at 7:27 PM logoPlanet Fitness, Inc. (PLNT) CEO Sells $528,600.00 in Stock - October 5 at 7:26 PM logoETFs with exposure to Planet Fitness, Inc. : October 3, 2017 - October 5 at 4:37 PM logoCarnival Shows Rising Relative Price Performance; Still Shy Of Key Benchmark - October 3 at 10:49 AM logoML-CFC Commercial Mortgage Trust 2007-7 -- Moody's Upgrades Two, Affirms One and Downgrades Two Classes of MLCFC 2007-7 - October 3 at 10:49 AM logo$93.98 Million in Sales Expected for Planet Fitness, Inc. (PLNT) This Quarter - September 30 at 9:56 AM logoSupervalu downsizing Apple Valley Cub Foods, wants to lease space to Planet Fitness - September 20 at 7:47 AM logoPlanet Fitness, Inc. (PLNT) Given Consensus Recommendation of "Buy" by Brokerages - September 17 at 2:48 PM logoPlanet Fitness, Inc. (PLNT) Rating Reiterated by Jefferies Group LLC - September 14 at 11:07 AM logoPlanet Fitness, Inc. (PLNT) Expected to Post Earnings of $0.17 Per Share - September 9 at 12:58 PM logo3 Biggest Opportunities for Planet Fitness, Inc. - September 7 at 7:43 PM logoWhy Planet Fitness, Inc. Climbed 12% in August - September 5 at 5:22 PM logoMoody's Gets Pumped About Planet Fitness, Upgrades Outlook - Benzinga - September 1 at 7:19 AM logoMoody's Gets Pumped About Planet Fitness, Upgrades Outlook - September 1 at 7:19 AM logoPlanet Fitness Holdings, LLC -- Moody's changes Planet Fitness' outlook to positive - August 31 at 8:49 AM logoETFs with exposure to Planet Fitness, Inc. : August 30, 2017 - August 30 at 8:03 AM logoETFs with exposure to Planet Fitness, Inc. : August 30, 2017 - August 30 at 8:03 AM logoFloyd Mayweather’s next boxing challenge - August 27 at 6:04 AM logoYahoo Finance Live: Market Movers - Aug 24th, 2017 - August 26 at 8:21 AM logoPlanet Fitness, Inc. :PLNT-US: Earnings Analysis: Q2, 2017 By the Numbers : August 23, 2017 - August 24 at 11:05 AM logoPlanet Fitness, Inc. (PLNT) Given Average Recommendation of "Buy" by Brokerages - August 23 at 4:56 PM logoPlanet Fitness, Inc. (PLNT) Expected to Post Quarterly Sales of $93.98 Million - August 23 at 7:28 AM logoPlanet Fitness Stock: Next Stop, $27? - August 22 at 5:44 AM logoPlanet Fitness, Inc. (PLNT) Expected to Announce Earnings of $0.17 Per Share - August 21 at 6:16 PM logoPlanet Fitness, Inc. (PLNT) Price Target Raised to $27.00 - August 21 at 12:02 PM logoImperial Capital Boosts Planet Fitness, Inc. (PLNT) Price Target to $28.00 - August 15 at 8:02 PM logoPlanet Fitness' (PLNT) CEO Chris Rondeau on Q2 2017 Results - Earnings Call Transcript - August 12 at 6:54 AM logoPlanet Fitness CEO says 10-million-member franchise runs on being a 'marketing machine' - August 12 at 6:54 AM logoToday's Research Reports on Stocks to Watch: Live Nation Entertainment and Planet Fitness - August 12 at 6:53 AM logoPlanet Fitness, Inc. (PLNT) Worth a Look: Stock Adds 9.07% in Session - August 12 at 6:53 AM logoPlanet Fitness Inc. (PLNT) Broke Out To A New High After Guidance Increase - August 11 at 7:36 AM logoDepartment Stores Mixed; Planet Fitness Reports Strong Q2 Results - August 11 at 7:36 AM logoSee what the IHS Markit Score report has to say about Planet Fitness Inc. - August 11 at 7:36 AM logoStock Losses Accelerate; Retailers Drop, Planet Fitness Flexes - August 11 at 7:36 AM logoPlanet Fitness stock near record high, real estate 'gains' without 'retail pains' - August 11 at 7:36 AM logoPlanet Fitness CEO says 10-million-member franchise runs on being a 'marketing machine' - August 11 at 7:36 AM logoPlanet Fitness CEO says his 10-million-member franchise r... - August 11 at 7:36 AM logoThe Value of an Overvalued Market: Cramer's 'Mad Money' Recap (Thursday 8/10/17) - August 11 at 7:36 AM logoPlanet Fitness' (PLNT) Buy Rating Reiterated at Jefferies Group LLC - August 10 at 11:34 PM logoPlanet Fitness, Inc. (NYSE:PLNT) Given "Outperform" Rating at Cowen and Company - August 10 at 11:34 PM



Planet Fitness (PLNT) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by Staff

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