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Planet Fitness (PLNT)
NYSE:PLNT
Planet Fitness (PLNT) Stock Price & Analysis
1,095 Followers
PLNT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$44.13 - $75.86
Previous Close$65.56
Volume2.26M
Average Volume (3M)1.95M
Market Cap
$5.78B
Enterprise Value$7.68B
Total Cash (Recent Filing)$463.47M
Total Debt (Recent Filing)$2.37B
Price to Earnings (P/E)37.5
Beta1.19
Next Earnings
Aug 06, 2024EPS Estimate
$0.67Last Dividend Ex-Date
Nov 18, 2016Dividend YieldN/A
Share Statistics
EPS (TTM)1.75
Shares Outstanding88,179,335
10 Day Avg. Volume2,182,204
30 Day Avg. Volume1,949,067
Standard Deviation0.12
R-Squared0.39
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)-4.54
Price to Sales (P/S)6.13
Price to Cash Flow (P/CF)13.10
P/FCF Ratio16.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.86
Enterprise Value/Gross Profit7.34
Enterprise Value/Ebitda12.63
Forecast
1Y Price Target
$79.57Price Target Upside20.93% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
Planet Fitness News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst maintains Outperform and raises TP 9% to $76 as pricing should drive higher earnings.
LeadershipThe appointment of Colleen Keating as CEO represents progress for PLNT amidst recent leadership challenges.
Strategy And GrowthWith membership and fee-driven revenues beating expectations and the announcement of White Card price hikes, the company is delivering on its long-term compounding prospects.
Bears Say
Leadership And StabilityThe leadership transition period at PLNT included the departure of the previous CEO and disagreements within management that could impact the company's stability.
Management And PerformanceMgmt lowered FY24 guide on headwinds.
Membership And RetentionMembership count fell short of management expectations due to less effective national advertising.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
PLNT FAQ
What was Planet Fitness’s price range in the past 12 months?
Planet Fitness lowest stock price was $44.13 and its highest was $75.86 in the past 12 months.
What is Planet Fitness’s market cap?
Currently, no data Available
When is Planet Fitness’s upcoming earnings report date?
Planet Fitness’s upcoming earnings report date is Aug 06, 2024 which is in 83 days.
How were Planet Fitness’s earnings last quarter?
Planet Fitness released its earnings results on May 09, 2024. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.512 by $0.018.
Is Planet Fitness overvalued?
According to Wall Street analysts Planet Fitness’s price is currently Undervalued.
Does Planet Fitness pay dividends?
Planet Fitness pays a Notavailable dividend of $2.78 which represents an annual dividend yield of N/A. See more information on Planet Fitness dividends here
What is Planet Fitness’s EPS estimate?
Planet Fitness’s EPS estimate is $0.67.
How many shares outstanding does Planet Fitness have?
Planet Fitness has 87,098,330 shares outstanding.
What happened to Planet Fitness’s price movement after its last earnings report?
Planet Fitness reported an EPS of $0.53 in its last earnings report, beating expectations of $0.512. Following the earnings report the stock price went up 5.61%.
Which hedge fund is a major shareholder of Planet Fitness?
Among the largest hedge funds holding Planet Fitness’s share is Greenvale Capital LLP. It holds Planet Fitness’s shares valued at 127M.
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Planet Fitness Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$79.57 (20.93% Upside)
$79.57 (20.93% Upside)
Blogger Sentiment
Bullish
PLNT Sentiment 76%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 916.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.2%
Last 30 Days ▲ 5.5%
Last 30 Days ▲ 5.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.87%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
3.00%
Trailing 12-Months
Company Description
Planet Fitness
Planet Fitness, Inc. engages in the operation and franchise 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 U.S., Puerto Rico, Canada, the Dominican Republic, and Panama. The Corporate-Owned Stores segment deals with the operations with respect to all corporate-owned stores throughout the U.S. and Canada. The Equipment segment sells equipment to franchisee-owned stores. The company was founded by Michael Grondahl and Marc Grondahl in 1992 and is headquartered in Newington, NH.
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PLNT Earnings Call
Q1 2024
0:00 / 0:00
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PLNT Stock 12 Month Forecast
Average Price Target
$79.57
▲(20.93% Upside)
Technical Analysis
Best Analysts Covering PLNT
1 Year
1 Year Success Rate
12/15 ratings generated profit
1 Year Average Return
+34.64%
reiterated a buy rating 3 months ago
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