Top-Rated Stocks NYSE:PLNT Planet Fitness - PLNT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Planet Fitness, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $75.62 -0.39 (-0.51%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$75.19▼$76.8950-Day Range$74.00▼$84.6552-Week Range$54.15▼$88.31Volume507,254 shsAverage Volume922,484 shsMarket Capitalization$6.76 billionP/E Ratio64.63Dividend YieldN/APrice Target$90.67 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Planet Fitness MarketRank™ ForecastAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside19.9% Upside$90.67 Price TargetShort InterestHealthy4.24% of Float Sold ShortDividend StrengthN/ASustainability-1.17Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$15,491 Sold Last QuarterProj. Earnings Growth20.91%From $2.20 to $2.66 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.65 out of 5 starsConsumer Discretionary Sector57th out of 262 stocksMembership Sports & Recreation Clubs Industry2nd out of 3 stocks 3.4 Analyst's Opinion Consensus RatingPlanet Fitness has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $90.67, Planet Fitness has a forecasted upside of 19.9% from its current price of $75.62.Amount of Analyst CoveragePlanet Fitness has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.24% of the float of Planet Fitness has been sold short.Short Interest Ratio / Days to CoverPlanet Fitness has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Planet Fitness has recently increased by 0.86%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldPlanet Fitness does not currently pay a dividend.Dividend GrowthPlanet Fitness does not have a long track record of dividend growth. Previous Next 4.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePlanet Fitness has received a 67.23% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Fitness club services", "Face-to-face personal training", and "Fitness applications" products. See details.Environmental SustainabilityThe Environmental Impact score for Planet Fitness is -1.17. Previous Next 1.3 News and Social Media Coverage News SentimentPlanet Fitness has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 1 news article for Planet Fitness this week, compared to 4 articles on an average week.Search InterestOnly 8 people have searched for PLNT on MarketBeat in the last 30 days. This is a decrease of -74% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Planet Fitness to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Planet Fitness insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $15,491.00 in company stock.Percentage Held by InsidersOnly 5.94% of the stock of Planet Fitness is held by insiders.Percentage Held by Institutions94.56% of the stock of Planet Fitness is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Planet Fitness are expected to grow by 20.91% in the coming year, from $2.20 to $2.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Planet Fitness is 64.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.86.Price to Earnings Ratio vs. SectorThe P/E ratio of Planet Fitness is 64.63, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.84.Price to Earnings Growth RatioPlanet Fitness has a PEG Ratio of 1.39. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks Here About Planet Fitness (NYSE:PLNT) StockPlanet Fitness, Inc. engages in the operation and franchising of fitness centers. It operates through the following segments: Franchise, Corporate-Owned Stores, and Equipment. The Franchise segment includes operations related to the company's franchising business in the United States, Puerto Rico, Canada, the Dominican Republic, Panama, Mexico, and Australia. The Corporate-Owned Stores segment comprises operations with respect to all Corporate-owned stores throughout the United States and Canada. The Equipment segment involves the sale of equipment to franchisee-owned stores. The company was founded by Michael Grondahl and Marc Grondahl in 1992 and is headquartered in Hampton, NH.Read More Receive PLNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Planet Fitness and its competitors with MarketBeat's FREE daily newsletter. Email Address PLNT Stock News HeadlinesMarch 27, 2023 | finance.yahoo.comBRING YOUR BIG FITNESS ENERGY™ TO PLANET FITNESS THIS SPRING WITH A LIMITED-TIME OFFERMarch 22, 2023 | finance.yahoo.comDoes Planet Fitness (PLNT) Have the Potential to Rally 25.88% as Wall Street Analysts Expect?March 30, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 21, 2023 | finance.yahoo.comPlanet Fitness (PLNT) Stock Up 30% in 6 Months: More Upside Left?March 16, 2023 | finance.yahoo.comThe three-year decline in earnings for Planet Fitness NYSE:PLNT) isn't encouraging, but shareholders are still up 131% over that periodMarch 16, 2023 | finance.yahoo.comABC Fitness Solutions Announces Technology Agreement Extension with Planet FitnessMarch 13, 2023 | finance.yahoo.comPLANET FITNESS ADDS NEW EXCLUSIVE PERKS AND DISCOUNTS FOR MEMBERSFebruary 27, 2023 | finance.yahoo.comStocks To Buy And Watch: Dow Jones Leader American Express, 3 Others In Or Near Buy ZonesMarch 30, 2023 | WealthPop (Ad)Adam Mesh: “This Strategy Saved My Trading Career”Adam Mesh was $50,000 in the hole - and ready to quit trading for good… Until he discovered the secret to unlocking double-digit income. This strategy has averaged 64% average gains in the last three years. Adam is hosting a free session to show ordinary folks how to execute this incredible strategy. Click here to let Adam show you how it’s done. February 25, 2023 | seekingalpha.comPlanet Fitness, Inc. (PLNT) Q4 2022 Earnings Call TranscriptFebruary 24, 2023 | finance.yahoo.comPlanet Fitness (PLNT) Q4 Earnings & Revenues Beat EstimatesFebruary 24, 2023 | markets.businessinsider.comAnalysts Conflicted on These Services Names: CAE (CAE) and Planet Fitness (PLNT)February 24, 2023 | finance.yahoo.comPlanet Fitness Full Year 2022 Earnings: EPS: US$1.18 (vs US$0.51 in FY 2021)February 24, 2023 | finance.yahoo.comAt US$83.29, Is It Time To Put Planet Fitness, Inc. (NYSE:PLNT) On Your Watch List?February 23, 2023 | finance.yahoo.comPlanet Fitness Sees Record Membership Growth in 4QFebruary 23, 2023 | markets.businessinsider.comAnalysts Offer Insights on Services Companies: Cumulus Media (CMLS) and Planet Fitness (PLNT)February 23, 2023 | finance.yahoo.comPlanet Fitness rises after strong 4Q prompts bullish outlook for 2023February 23, 2023 | finance.yahoo.comPlanet Fitness (PLNT) Q4 2022 Earnings Call TranscriptFebruary 23, 2023 | finance.yahoo.comPlanet Fitness Stock Generating Improved Relative Strength RatingFebruary 23, 2023 | finance.yahoo.comPlanet Fitness Stock Muscles Up On Earnings, Nears Buy PointFebruary 23, 2023 | seekingalpha.comPlanet Fitness beats Q4 top and bottom line estimates; initiates FY23 outlookFebruary 23, 2023 | msn.comPlanet Fitness (PLNT) Q4 Earnings and Revenues Surpass EstimatesFebruary 23, 2023 | msn.comPlanet Fitness powers up strong quarter off record membership growth, new storesFebruary 23, 2023 | finance.yahoo.comPlanet Fitness, Inc. Announces Fourth Quarter and Year-End 2022 ResultsFebruary 23, 2023 | finance.yahoo.comPlanet Fitness profit more than doubles and beats expectations, boosted by record membership growthFebruary 22, 2023 | seekingalpha.comPLNT Planet Fitness, Inc.February 21, 2023 | markets.businessinsider.comJefferies Keeps Their Buy Rating on Planet Fitness (PLNT)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PLNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Planet Fitness and its competitors with MarketBeat's FREE daily newsletter. Email Address PLNT Company Calendar Last Earnings2/23/2023Today3/29/2023Next Earnings (Estimated)5/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Membership sports & recreation clubs Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:PLNT CUSIPN/A CIK1637207 Webwww.planetfitness.com Phone(603) 750-0001FaxN/AEmployees2,795Year FoundedN/APrice Target and Rating Average Stock Price Forecast$90.67 High Stock Price Forecast$105.00 Low Stock Price Forecast$75.00 Forecasted Upside/Downside+19.9%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$1.17 Trailing P/E Ratio64.63 Forward P/E Ratio34.37 P/E Growth1.39Net Income$99.40 million Net Margins10.61% Pretax Margin17.23% Return on Equity-65.39% Return on Assets5.08% Debt Debt-to-Equity RatioN/A Current Ratio2.27 Quick Ratio2.25 Sales & Book Value Annual Sales$936.77 million Price / Sales7.22 Cash Flow$3.15 per share Price / Cash Flow23.99 Book Value($2.36) per share Price / Book-32.04Miscellaneous Outstanding Shares89,443,000Free Float84,130,000Market Cap$6.76 billion OptionableOptionable Beta1.30 Key ExecutivesChristopher J. RondeauChief Executive Officer & DirectorEdward HymesPresident & Chief Operating OfficerWilliam BodeChief Operating OfficerThomas J. FitzgeraldChief Financial OfficerPaul BarberChief Information OfficerKey CompetitorsHasbroNASDAQ:HASSkechers U.S.A.NYSE:SKXWhirlpoolNYSE:WHRiQIYINASDAQ:IQCrocsNASDAQ:CROXView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 144 shares on 3/23/2023Ownership: 0.005%Jennifer SimmonsSold 86 sharesTotal: $6,368.30 ($74.05/share)Brian O'donnellSold 61 sharesTotal: $4,517.05 ($74.05/share)Jennifer SimmonsSold 62 sharesTotal: $4,605.98 ($74.29/share)Rockefeller Capital Management L.P.Bought 220 shares on 3/6/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions PLNT Stock - Frequently Asked Questions Should I buy or sell Planet Fitness stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Planet Fitness in the last year. There are currently 3 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PLNT shares. View PLNT analyst ratings or view top-rated stocks. What is Planet Fitness' stock price forecast for 2023? 12 Wall Street analysts have issued 1-year target prices for Planet Fitness' shares. Their PLNT share price forecasts range from $75.00 to $105.00. On average, they expect the company's share price to reach $90.67 in the next twelve months. This suggests a possible upside of 19.9% from the stock's current price. View analysts price targets for PLNT or view top-rated stocks among Wall Street analysts. How have PLNT shares performed in 2023? Planet Fitness' stock was trading at $78.80 at the beginning of 2023. Since then, PLNT shares have decreased by 4.0% and is now trading at $75.62. View the best growth stocks for 2023 here. When is Planet Fitness' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 9th 2023. View our PLNT earnings forecast. How were Planet Fitness' earnings last quarter? Planet Fitness, Inc. (NYSE:PLNT) posted its quarterly earnings results on Thursday, February, 23rd. The company reported $0.53 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.06. The company had revenue of $281.30 million for the quarter, compared to analyst estimates of $271.48 million. Planet Fitness had a negative trailing twelve-month return on equity of 65.39% and a net margin of 10.61%. Planet Fitness's revenue was up 53.2% on a year-over-year basis. During the same quarter last year, the company earned $0.26 EPS. What ETFs hold Planet Fitness' stock? ETFs with the largest weight of Planet Fitness (NYSE:PLNT) stock in their portfolio include Global X Health & Wellness ETF (BFIT), BlackRock Future Innovators ETF (BFTR), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), First Trust Consumer Discretionary AlphaDEX Fund (FXD), Invesco Raymond James SB-1 Equity ETF (RYJ), First Trust Mid Cap Growth AlphaDEX Fund (FNY), IQ Healthy Hearts ETF (HART) and Global X Millennials Consumer ETF (MILN). What guidance has Planet Fitness issued on next quarter's earnings? Planet Fitness issued an update on its FY 2023 earnings guidance on Thursday, February, 23rd. The company provided EPS guidance of $2.18-$2.23 for the period, compared to the consensus EPS estimate of $2.06. The company issued revenue guidance of $1.06 billion-$1.07 billion, compared to the consensus revenue estimate of $1.06 billion. What is Chris Rondeau's approval rating as Planet Fitness' CEO? 615 employees have rated Planet Fitness Chief Executive Officer Chris Rondeau on Glassdoor.com. Chris Rondeau has an approval rating of 68% among the company's employees. 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 NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS), Micron Technology (MU), PayPal (PYPL), Advanced Micro Devices (AMD), Tesla (TSLA), Salesforce (CRM), JPMorgan Chase & Co. (JPM) and Netflix (NFLX). 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. What is Planet Fitness' stock symbol? Planet Fitness trades on the New York Stock Exchange (NYSE) under the ticker symbol "PLNT." Who are Planet Fitness' major shareholders? Planet Fitness' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Alliancebernstein L.P. (3.14%), Amundi (2.81%), Bares Capital Management Inc. (2.30%), Eagle Asset Management Inc. (2.25%), William Blair Investment Management LLC (2.10%) and Franklin Resources Inc. (1.74%). Insiders that own company stock include Brian O'donnell, Christopher Rondeau, Dorvin D Lively, Dorvin D Lively, Jennifer Simmons, Jeremy Tucker, Thomas J Fitzgerald III and William Bode. View institutional ownership trends. How do I buy shares of Planet Fitness? Shares of PLNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Planet Fitness' stock price today? One share of PLNT stock can currently be purchased for approximately $75.62. How much money does Planet Fitness make? Planet Fitness (NYSE:PLNT) has a market capitalization of $6.76 billion and generates $936.77 million in revenue each year. The company earns $99.40 million in net income (profit) each year or $1.17 on an earnings per share basis. How many employees does Planet Fitness have? The company employs 2,795 workers across the globe. How can I contact Planet Fitness? Planet Fitness' mailing address is 4 LIBERTY LANE WEST, HAMPTON NH, 03842. The official website for the company is www.planetfitness.com. The company can be reached via phone at (603) 750-0001 or via email at investor@planetfitness.com. This page (NYSE:PLNT) was last updated on 3/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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