NYSE:PLNT Planet Fitness (PLNT) Stock Price, News & Analysis → FW: 234x Gain (From Weiss Ratings) (Ad) Free PLNT Stock Alerts $59.53 -0.56 (-0.93%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$59.47▼$61.2350-Day Range$56.48▼$66.9252-Week Range$44.13▼$75.86Volume1.19 million shsAverage Volume1.75 million shsMarket Capitalization$5.25 billionP/E Ratio36.75Dividend YieldN/APrice Target$71.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Planet Fitness alerts: Email Address Planet Fitness MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside19.3% Upside$71.00 Price TargetShort InterestBearish7.16% of Shares Sold ShortDividend StrengthN/ASustainability-1.17Upright™ Environmental ScoreNews Sentiment0.70Based on 18 Articles This WeekInsider TradingN/AProj. Earnings Growth14.52%From $2.48 to $2.84 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.39 out of 5 starsConsumer Discretionary Sector223rd out of 1,620 stocksMembership Sports & Recreation Clubs Industry1st out of 18 stocks 3.4 Analyst's Opinion Consensus RatingPlanet Fitness has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 8 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoveragePlanet Fitness has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.16% of the outstanding shares of Planet Fitness have been sold short.Short Interest Ratio / Days to CoverPlanet Fitness has a short interest ratio ("days to cover") of 3.6, 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 14.31%, indicating that investor sentiment is decreasing significantly. 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 2.6 News and Social Media Coverage News SentimentPlanet Fitness has a news sentiment score of 0.70. 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 higher news sentiment than the 0.45 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 18 news articles for Planet Fitness this week, compared to 7 articles on an average week.Search InterestOnly 2 people have searched for PLNT on MarketBeat in the last 30 days. This is a decrease of -92% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Planet Fitness to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Planet Fitness insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.94% of the stock of Planet Fitness is held by insiders.Percentage Held by Institutions95.53% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Planet Fitness are expected to grow by 14.52% in the coming year, from $2.48 to $2.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Planet Fitness is 36.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Planet Fitness is 36.75, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.80.Price to Earnings Growth RatioPlanet Fitness has a PEG Ratio of 1.95. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlace$21,000 in profits in six weeks? On Wednesday, May 8, the legendary Jonathan Rose is holding his first ever Masters in Trading Summit. Jonathan is one of the sharpest traders I’ve ever met. He made millions trading in the pits of the world’s largest exchanges.Click here for details. About Planet Fitness Stock (NYSE:PLNT)Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. The company operates through three segments: Franchise, Corporate-Owned Stores, and Equipment. The company is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. It engages in the sale of fitness equipment to franchisee-owned stores in the United States, Canada, and Mexico. In addition, the company operates corporate-owned stores in the United States and Canada. Planet Fitness, Inc. was founded in 1992 and is headquartered in Hampton, New Hampshire.Read More PLNT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PLNT Stock News HeadlinesMay 3, 2024 | americanbankingnews.comPlanet Fitness, Inc. to Post Q1 2024 Earnings of $0.47 Per Share, William Blair Forecasts (NYSE:PLNT)May 2, 2024 | americanbankingnews.comPlanet Fitness (PLNT) Set to Announce Quarterly Earnings on ThursdayMay 4, 2024 | Colonial Metals (Ad)The Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.May 2, 2024 | americanbankingnews.comQ2 2024 Earnings Estimate for Planet Fitness, Inc. Issued By William Blair (NYSE:PLNT)May 1, 2024 | americanbankingnews.comPlanet Fitness (NYSE:PLNT) Upgraded to Hold at StockNews.comApril 30, 2024 | americanbankingnews.comPlanet Fitness Target of Unusually Large Options Trading (NYSE:PLNT)April 25, 2024 | prnewswire.comPLANET FITNESS, INC. TO REPORT FIRST QUARTER 2024 RESULTS ON MAY 9, 2024April 20, 2024 | fool.comDown 37% From Its All-Time High, Is This Growth Stock a Once-in-a-Generation Investment Opportunity?May 4, 2024 | Colonial Metals (Ad)The Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.April 19, 2024 | bizjournals.comHospitality veteran Colleen Keating joins Planet Fitness as new CEOApril 18, 2024 | msn.comNew CEO of Planet Fitness required ‘unconscious bias training, hiring through DEI lens’ at previous jobApril 18, 2024 | nypost.comNew CEO of Planet Fitness required ‘unconscious bias training, hiring through DEI lens' at previous jobApril 16, 2024 | markets.businessinsider.comBuy Rating Backed by Leadership Change and New CEO Expertise at Planet FitnessApril 16, 2024 | msn.comPlanet Fitness shares fall as company announces new CEO, though analysts see upsideApril 16, 2024 | cnbc.comPlanet Fitness shares fall as company announces new CEO, though analyst sees upsideApril 16, 2024 | finance.yahoo.comPlanet Fitness Taps Colleen Keating as New CEOApril 16, 2024 | finance.yahoo.comPlanet Fitness Stock Is Dropping. It Hired a New CEO.April 16, 2024 | prnewswire.comPlanet Fitness Names Colleen Keating Chief Executive OfficerApril 16, 2024 | prnewswire.comPlanet Fitness Names Colleen Keating Chief Executive OfficerApril 13, 2024 | msn.comPlanet Fitness member arrested after going into ladies’ locker room ‘completely naked’ and claiming he identified as a womanApril 11, 2024 | finance.yahoo.comNew 50p coin will mark 80th anniversary of D-Day landingsApril 11, 2024 | msn.comThe consumer boycott of Planet Fitness is seen fading like other well-known examplesApril 11, 2024 | msn.comPlanet Fitness member arrested after going to ladies’ locker room claiming he identified as a womanApril 9, 2024 | msn.comBomb threats at several local Planet Fitness gymsApril 9, 2024 | msn.comPlanet Fitness hit with 28 bomb threats throughout US amid outrage over transgender woman shaving in girls’ locker roomApril 9, 2024 | finance.yahoo.comPlanet Fitness Has Been 'Pretty Much Destroyed,' Says Company Founder Amid Speculation On Boycott CancellationsApril 9, 2024 | yahoo.comAfter Planet Fitness Sided With a Trans Customer, 17 Locations Got Bomb ThreatsSee More Headlines 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 Company Calendar Last Earnings2/22/2024Today5/04/2024Next Earnings (Confirmed)5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Membership sports & recreation clubs Sub-IndustryN/A Current SymbolNYSE:PLNT CUSIPN/A CIK1637207 Webwww.planetfitness.com Phone(603) 750-0001FaxN/AEmployees2,795Year FoundedN/APrice Target and Rating Average Stock Price Target$71.00 High Stock Price Target$89.00 Low Stock Price Target$45.00 Potential Upside/Downside+19.3%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$1.62 Trailing P/E Ratio36.74 Forward P/E Ratio24.00 P/E Growth1.91Net Income$138.31 million Net Margins12.91% Pretax Margin19.37% Return on Equity-120.89% Return on Assets6.82% Debt Debt-to-Equity RatioN/A Current Ratio1.88 Quick Ratio1.86 Sales & Book Value Annual Sales$1.07 billion Price / Sales4.90 Cash Flow$4.07 per share Price / Cash Flow14.61 Book Value($1.35) per share Price / Book-44.09Miscellaneous Outstanding Shares88,170,000Free Float82,932,000Market Cap$5.25 billion OptionableOptionable Beta1.37 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesGovernor Craig R. Benson (Age 68)Interim CEO & Director Comp: $244.7kMr. Thomas J. Fitzgerald (Age 63)Chief Financial Officer Comp: $960.57kMr. William BodeDivision President of U.S. FranchiseMs. Jennifer Simmons (Age 54)Division President of Corporate Clubs Comp: $958kMr. Brian M. O'Donnell (Age 45)VP & Chief Accounting Officer Mr. Paul BarberChief Information OfficerMs. Stacey CaravellaVice President of Investor RelationsMr. Justin VartanianGeneral Counsel & SecretaryMr. McCall GosselinSenior Vice President of Communications and Corporate Social ResponsibilityMr. Ray MiollaChief Development OfficerMore ExecutivesKey CompetitorsNexstar Media GroupNASDAQ:NXSTWhirlpoolNYSE:WHRBoyd GamingNYSE:BYDBrunswickNYSE:BCRed Rock ResortsNASDAQ:RRRView All CompetitorsInsiders & InstitutionsAvory & Company LLCBought 27,033 shares on 5/3/2024Ownership: 0.076%Nordea Investment Management ABSold 4,016 shares on 5/2/2024Ownership: 0.266%Mutual of America Capital Management LLCSold 1,852 shares on 5/2/2024Ownership: 0.058%Daiwa Securities Group Inc.Sold 1,310 shares on 5/2/2024Ownership: 0.003%Fidelis Capital Partners LLCBought 428 shares on 5/2/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions PLNT Stock Analysis - Frequently Asked Questions Should I buy or sell Planet Fitness stock right now? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Planet Fitness in the last year. There are currently 5 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PLNT shares. View PLNT analyst ratings or view top-rated stocks. What is Planet Fitness' stock price target for 2024? 14 brokerages have issued 1 year target prices for Planet Fitness' shares. Their PLNT share price targets range from $45.00 to $89.00. On average, they predict the company's stock price to reach $71.00 in the next year. This suggests a possible upside of 19.3% 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 2024? Planet Fitness' stock was trading at $73.00 at the beginning of the year. Since then, PLNT stock has decreased by 18.5% and is now trading at $59.53. View the best growth stocks for 2024 here. When is Planet Fitness' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our PLNT earnings forecast. How can I listen to Planet Fitness' earnings call? Planet Fitness will be holding an earnings conference call on Thursday, May 9th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 609-800-9909 with passcode "10943". How were Planet Fitness' earnings last quarter? Planet Fitness, Inc. (NYSE:PLNT) issued its earnings results on Thursday, February, 22nd. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.02. The company had revenue of $285.10 million for the quarter, compared to the consensus estimate of $282.35 million. Planet Fitness had a net margin of 12.91% and a negative trailing twelve-month return on equity of 120.89%. The business's quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter last year, the business posted $0.53 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), Global X Guru Index ETF (GURU) and Global X Millennial Consumer ETF (MILN).Leatherback Long/Short Alternative Yield ETF (LBAY) and What guidance has Planet Fitness issued on next quarter's earnings? Planet Fitness issued an update on its FY24 earnings guidance on Thursday, February, 22nd. The company provided earnings per share guidance of $2.46-2.49 for the period, compared to the consensus EPS estimate of $2.50. The company issued revenue guidance of ~$1.136-1.146 billion, compared to the consensus revenue estimate of $1.16 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? Planet Fitness (PLNT) raised $202 million in an initial public offering (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 variety of institutional and retail investors. Top institutional shareholders include Bank of New York Mellon Corp (2.94%), Peregrine Capital Management LLC (0.61%), Sequoia Financial Advisors LLC (0.47%), Principal Financial Group Inc. (0.37%), WCM Investment Management LLC (0.27%) and Nordea Investment Management AB (0.27%). Insiders that own company stock include Brian O'donnell, Christopher Rondeau, Craig R Benson, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:PLNT) was last updated on 5/4/2024 by MarketBeat.com Staff From Our PartnersElon to Transform U.S. Economy? 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