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

$42.34
-6.36 (-13.06 %)
(As of 04/2/2020 02:23 AM ET)
Today's Range
$42.04
Now: $42.34
$45.78
50-Day Range
$27.54
MA: $63.84
$88.04
52-Week Range
$23.77
Now: $42.34
$88.77
Volume3.41 million shs
Average Volume2.18 million shs
Market Capitalization$3.69 billion
P/E Ratio30.24
Dividend YieldN/A
Beta0.84
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. has a strategic collaboration with Kohl's Corporation to open Planet Fitness stores. The company was founded in 1992 and is headquartered in Hampton, New Hampshire.
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Planet Fitness logo

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$688.80 million
Cash Flow$1.97 per share
Book Value($8.13) per share

Profitability

Net Income$117.69 million

Miscellaneous

Employees1,464
Market Cap$3.69 billion
Next Earnings Date5/7/2020 (Estimated)
OptionableOptionable

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Planet Fitness (NYSE:PLNT) Frequently Asked Questions

How has Planet Fitness' stock been impacted by COVID-19 (Coronavirus)?

Planet Fitness' stock was trading at $57.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PLNT stock has decreased by 25.7% and is now trading at $42.34. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Planet Fitness?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Planet Fitness in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Planet Fitness.

When is Planet Fitness' next earnings date?

Planet Fitness is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Planet Fitness.

How were Planet Fitness' earnings last quarter?

Planet Fitness Inc (NYSE:PLNT) announced its earnings results on Tuesday, February, 25th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.03. The firm earned $191.51 million during the quarter, compared to analyst estimates of $188.75 million. Planet Fitness had a net margin of 17.09% and a negative return on equity of 32.33%. View Planet Fitness' earnings history.

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

Planet Fitness issued an update on its FY 2020 After-Hours earnings guidance on Tuesday, February, 25th. The company provided EPS guidance of 1.84-1.84 for the period, compared to the Thomson Reuters consensus estimate of $1.90. The company issued revenue guidance of $771.459-771.459 million, compared to the consensus revenue estimate of $782.73 million.

What price target have analysts set for PLNT?

13 brokerages have issued 12-month price objectives for Planet Fitness' shares. Their forecasts range from $50.00 to $100.00. On average, they anticipate Planet Fitness' share price to reach $81.75 in the next twelve months. This suggests a possible upside of 93.1% from the stock's current price. View analysts' price targets for Planet Fitness.

Has Planet Fitness been receiving favorable news coverage?

News articles about PLNT stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded 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 -3.3 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutPlanet Fitness.

Are investors shorting Planet Fitness?

Planet Fitness saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 6,927,100 shares, an increase of 75.4% from the February 27th total of 3,950,000 shares. Based on an average trading volume of 1,220,000 shares, the days-to-cover ratio is presently 5.7 days. Currently, 8.9% of the shares of the company are short sold. View Planet Fitness' Current Options Chain.

Who are some of Planet Fitness' key competitors?

What other stocks do shareholders of Planet Fitness own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Planet Fitness investors own include Alibaba Group (BABA), NVIDIA (NVDA), Micron Technology (MU), Walt Disney (DIS), Netflix (NFLX), Trade Desk (TTD), Paypal (PYPL), Canopy Growth (CGC), Advanced Micro Devices (AMD) and Lululemon Athletica (LULU).

Who are Planet Fitness' key executives?

Planet Fitness' management team includes the following 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 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.

What is Planet Fitness' stock symbol?

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

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 $42.34.

How big of a company is Planet Fitness?

Planet Fitness has a market capitalization of $3.69 billion and generates $688.80 million in revenue each year. The company earns $117.69 million in net income (profit) each year or $1.59 on an earnings per share basis. Planet Fitness employs 1,464 workers across the globe. View additional information about Planet Fitness.

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:  499 (Vote Outperform)
Underperform Votes:  259 (Vote Underperform)
Total Votes:  758
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 4/2/2020 by MarketBeat.com Staff

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