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

$66.72
-0.52 (-0.77 %)
(As of 08/25/2019 11:20 AM ET)
Today's Range
$66.45
Now: $66.72
$67.48
50-Day Range
$66.71
MA: $74.72
$79.57
52-Week Range
$44.97
Now: $66.72
$81.90
Volume1.04 million shs
Average Volume1.29 million shs
Market Capitalization$6.18 billion
P/E Ratio54.69
Dividend YieldN/A
Beta0.59
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. Read More…

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$572.90 million
Cash Flow$1.7033 per share
Book Value($3.40) per share

Profitability

Net Income$88.02 million

Miscellaneous

Employees1,302
Market Cap$6.18 billion
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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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 announced that its board has approved a stock buyback plan on Friday, February 23rd 2018, which permits the company to repurchase $80,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

How were Planet Fitness' earnings last quarter?

Planet Fitness Inc (NYSE:PLNT) issued its earnings results on Tuesday, August, 6th. The company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.04. The company earned $181.66 million during 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%. The business's quarterly revenue was up 29.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.34 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, November 5th 2019. View Earnings Estimates for Planet Fitness.

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 equities research analysts have issued 12 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 stories about PLNT stock have trended positive this week, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. 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 media sentiment score of 2.5 on InfoTrie's scale. They also assigned media stories 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 few days. View News Stories for Planet Fitness.

Are investors shorting Planet Fitness?

Planet Fitness saw a increase in short interest during 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 short-interest ratio is presently 2.7 days. Approximately 5.1% 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 Paypal (PYPL), Alibaba Group (BABA), Canopy Growth (CGC), Micron Technology (MU), NVIDIA (NVDA), Netflix (NFLX), Boeing (BA), Home Depot (HD), Cisco Systems (CSCO) and Twilio (TWLO).

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 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.

Who are Planet Fitness' major shareholders?

Planet Fitness' stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.25%), BlackRock Inc. (4.36%), BlackRock Inc. (4.33%), 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 major 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 major 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?

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:  445 (Vote Outperform)
Underperform Votes:  233 (Vote Underperform)
Total Votes:  678
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 8/25/2019 by MarketBeat.com Staff

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