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

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$58.81 +0.17 (+0.29 %)
(As of 02/15/2019 02:07 PM ET)
Previous Close$58.64
Today's Range$58.55 - $59.32
52-Week Range$31.31 - $59.91
Volume21,458 shs
Average Volume1.11 million shs
Market Capitalization$5.74 billion
P/E Ratio69.90
Dividend YieldN/A
Beta0.73
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

Industry Membership sports & recreation clubs
Sub-IndustryN/A
SectorConsumer Discretionary
CUSIPN/A
Phone603-750-0001

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$429.94 million
Cash Flow$1.2078 per share
Book Value($1.39) per share

Profitability

Net Income$33.14 million

Miscellaneous

Employees833
Market Cap$5.74 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 initiated a share repurchase program on Friday, February 23rd 2018, which allows the company to buyback $80,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.

How were Planet Fitness' earnings last quarter?

Planet Fitness Inc (NYSE:PLNT) issued its quarterly earnings results on Thursday, August, 9th. The company reported $0.34 EPS for the quarter, beating analysts' consensus estimates of $0.31 by $0.03. The company had revenue of $140.55 million for the quarter, compared to analyst estimates of $130.99 million. Planet Fitness had a net margin of 11.22% and a negative return on equity of 95.97%. Planet Fitness's revenue for the quarter was up 31.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.22 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 Tuesday, February 26th 2019. View Earnings Estimates for Planet Fitness.

What price target have analysts set for PLNT?

12 analysts have issued 1-year price targets for Planet Fitness' stock. Their forecasts range from $22.00 to $68.00. On average, they expect Planet Fitness' share price to reach $52.3077 in the next twelve months. This suggests that the stock has a possible downside of 10.9%. 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 trended somewhat positive this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog 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 news sentiment score of 1.1 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the stock's share price in the immediate future.

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 46)
  • Mr. Dorvin Donald Lively, Pres & CFO (Age 60)
  • Mr. Craig Jeffrey Miller, Chief Digital & Information Officer (Age 58)
  • Mr. Richard L. Moore, Consultant (Age 48)
  • 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 acted 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.54%), Eagle Asset Management Inc. (2.74%), Lord Abbett & CO. LLC (2.34%), Bank of New York Mellon Corp (2.21%), Jennison Associates LLC (1.89%) and Dimensional Fund Advisors LP (1.47%). Company insiders that own Planet Fitness stock include Charles Esserman, Christopher Rondeau, Dorvin D Lively and Richard L Moore. 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 Bank of New York Mellon Corp, Eagle Asset Management Inc., Two Sigma Investments LP, Principal Financial Group Inc., Victory Capital Management Inc., Jennison Associates LLC, Engle Capital Management L.P. and Castleark Management LLC. 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 major investors are buying Planet Fitness stock?

PLNT stock was acquired by a variety of institutional investors in the last quarter, including Stifel Financial Corp, BlackRock Inc., Thrivent Financial for Lutherans, Lord Abbett & CO. LLC, Handelsbanken Fonder AB, Canada Pension Plan Investment Board, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. and RWC Asset Management LLP. 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 $58.72.

How big of a company is Planet Fitness?

Planet Fitness has a market capitalization of $5.73 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:  402 (Vote Outperform)
Underperform Votes:  210 (Vote Underperform)
Total Votes:  612
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 2/15/2019 by MarketBeat.com Staff

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