Planet Fitness Company Profile (NYSE:PLNT)

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

Planet Fitness announced a special dividend on Friday, November 11th. Investors 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.

Planet Fitness, Inc. (NYSE:PLNT) issued its quarterly earnings data on Wednesday, August, 9th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.19 by $0.03. The business had revenue of $107.31 million for the quarter, compared to the consensus estimate of $101.99 million. Planet Fitness had a negative return on equity of 57.01% and a net margin of 8.77%. Planet Fitness's quarterly revenue was up 17.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.17 earnings per share. View Planet Fitness' Earnings History.

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.

9 analysts have issued 1-year price objectives for Planet Fitness' shares. Their predictions range from $23.00 to $29.00. On average, they expect Planet Fitness' stock price to reach $27.00 in the next twelve months. View Analyst Ratings for Planet Fitness.

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. " (8/11/2017)
• 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)

Some companies that are related to Planet Fitness include Mediaset SpA (MDIUY), Six Flags Entertainment Corporation New (SIX), Liberty Global PLC (LILA), Liberty Global PLC (LILAK), Skechers U.S.A. (SKX), Pool Corporation (POOL), Cable One (CABO), Cinemark Holdings (CNK), The Madison Square Garden Company (MSG), Carter's (CRI), Columbia Sportswear Company (COLM), International Game Technology (IGT), AMC Networks (AMCX), Grand Canyon Education (LOPE), Cedar Fair, L.P. (FUN), Under Armour (UA), Extended Stay America (STAY) and Hilton Grand Vacations (HGV).

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
• David P. Berg, Independent Director
• Charles H. Esserman, Independent Director
• Frances Gregg Rathke, Independent Director
• Stephen Spinelli Jr., Independent Director

(PLNT) raised $202 million in an initial public offering (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.

Planet Fitness' stock is owned by a number of of retail and institutional investors. Top institutional investors include Alliancebernstein L.P. (9.50%), Vanguard Group Inc. (8.93%), Bank of New York Mellon Corp (7.87%), BlackRock Inc. (6.62%), Capital World Investors (4.81%) and Newbrook Capital Advisors LP (4.45%). Company insiders that own Planet Fitness stock include Charles Esserman, Christopher Rondeau, Marc Grondahl, Pierre Lecomte, Richard L Moore and Tsg6 Management LLC. View Institutional Ownership Trends for Planet Fitness.

Planet Fitness' stock was sold by a variety of institutional investors in the last quarter, including Spark Investment Management LLC, Royal Bank of Canada, Elk Creek Partners LLC, Cubist Systematic Strategies LLC, AXA, HL Financial Services LLC, First Trust Advisors LP and Emerald Advisers Inc. PA. Company insiders that have sold Planet Fitness stock in the last year include Charles Esserman, Christopher Rondeau, Marc Grondahl, Pierre Lecomte and Richard L Moore. View Insider Buying and Selling for Planet Fitness.

Planet Fitness' stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Wasatch Advisors Inc., Junto Capital Management LP, DSAM Partners London Ltd, Vanguard Group Inc., Daruma Capital Management LLC, Marshall Wace North America L.P. and Newbrook Capital Advisors LP. View Insider Buying and Selling for Planet Fitness.

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.

One share of Planet Fitness stock can currently be purchased for approximately $24.47.