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 declared that its board has initiated a stock repurchase 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. Stock 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) announced its quarterly earnings results on Tuesday, August, 6th. The company reported $0.45 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.41 by $0.04. The business had revenue of $181.66 million for the quarter, compared to analysts' expectations of $167.91 million. Planet Fitness had a net margin of 16.29% and a negative return on equity of 46.45%. Planet Fitness's revenue was up 29.2% compared to the same quarter last year. During the same quarter last year, the business earned $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 EPS guidance of ~$1.54 for the period, compared to the Thomson Reuters consensus 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 analysts have issued twelve-month target prices for Planet Fitness' shares. Their forecasts range from $57.00 to $86.00. On average, they expect Planet Fitness' stock price to reach $77.5417 in the next year. This suggests a possible upside of 16.2% 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 headlines about PLNT stock have been trending positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Planet Fitness earned a news sentiment score of 2.5 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the next several days. View News Stories for Planet Fitness.
Are investors shorting Planet Fitness?
Planet Fitness saw a increase in short interest in the month of July. As of July 15th, there was short interest totalling 4,261,800 shares, an increase of 13.1% from the June 15th total of 3,769,300 shares. Based on an average daily trading volume, of 1,590,000 shares, the days-to-cover ratio is presently 2.7 days. Currently, 5.1% of the company's shares 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), Lululemon Athletica (LULU), Royal Caribbean Cruises (RCL), ANTA Sports Products (ANPDF), FOX (FOX), FOX (FOXA), Toshiba (TOSYY), Liberty Global (LBTYB), TAL Education Group (TAL), Liberty Global (LBTYK), Liberty Global (LBTYA), Panasonic (PCRFY), Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA) and Discovery Inc Series B (DISCB).
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 initial public offering 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 variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.25%), BlackRock Inc. (4.33%), BlackRock Inc. (4.36%), Invesco Ltd. (2.44%), Eagle Asset Management Inc. (2.29%) and Bank of New York Mellon Corp (1.70%). 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 BlackRock Inc., BlackRock Inc., Artemis Investment Management LLP, Bank of America Corp DE, Vanguard Group Inc., Eagle Asset Management Inc., Bank of New York Mellon Corp and Renaissance Technologies LLC. 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 acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Putnam Investments LLC, Pelham Capital Ltd., Nuveen Asset Management LLC, Morgan Stanley, Los Angeles Capital Management & Equity Research Inc., Great Lakes Advisors LLC and Cubist Systematic Strategies LLC. 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 $66.72.
How big of a company is Planet Fitness?
Planet Fitness has a market capitalization of $6.18 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]
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.
