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Planet Fitness Inc (PLNT)
:PLNT
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PLNT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$54.35 - $107.68
Previous CloseN/A
Volume398.00K
Average Volume (3M)1.10M
Market Cap
$8.84B
Enterprise Value$9.02B
Total Cash (Recent Filing)$40.39M
Total Debt (Recent Filing)$702.00M
Price to Earnings (P/E)56.2
Beta1.01
Next Earnings
Feb 25, 2025EPS Estimate
0.62Last Dividend Ex-Date
Nov 18, 2016Dividend YieldN/A
Share Statistics
EPS (TTM)1.86
Shares Outstanding84,180,626
10 Day Avg. Volume1,534,152
30 Day Avg. Volume1,097,215
Standard Deviation0.12
R-Squared0.46
Alpha-0.00581
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)8.42
Price to Cash Flow (P/CF)17.40
P/FCF Ratio28.30
Enterprise Value/Market Cap1.02
Enterprise Value/Revenue8.07
Enterprise Value/Gross Profit16.18
Enterprise Value/Ebitda13.98
Forecast
1Y Price Target
$110.33Price Target Upside5.62% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
Planet Fitness News
Bulls Say, Bears Say
Bulls Say
Financial Performance And ExpansionThe company's long-term outlook is supported by improving unit economics and a robust store development plan, with expectations of reaching up to 200 new units per year, providing a strong foundation for sustained financial performance.
Leadership And Growth StrategyThe introduction of a new CEO and the addition of C-suite members with extensive hospitality, franchise, and real estate experience are expected to drive growth and enhance the brand strategy, positioning the company for significant gains.
Market Position And Consumer TrendsAs the largest and lowest-priced US gym operator, the company is well-positioned to capitalize on consumer trends toward health and affordability, driving membership growth and capturing additional market share in the fitness industry.
Bears Say
Membership GrowthThere is a near-term risk of a muted outlook due to potential lower than anticipated development and membership growth.
Regulatory ConcernsFTC's Negative Option Rule may be a near-term overhang as it allows easier membership cancellations.
ValuationShares at $105+ imply high valuation multiples, making it not a fresh money add at current levels.
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Ownership Overview
0.35% Insiders
35.09% Mutual Funds
0.11% Other Institutional Investors
45.90% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PLNT FAQ
What was Planet Fitness Inc’s price range in the past 12 months?
Planet Fitness Inc lowest stock price was $54.35 and its highest was $107.68 in the past 12 months.
What is Planet Fitness Inc’s market cap?
Planet Fitness Inc’s market cap is $8.84B.
When is Planet Fitness Inc’s upcoming earnings report date?
Planet Fitness Inc’s upcoming earnings report date is Feb 25, 2025 which is in 34 days.
How were Planet Fitness Inc’s earnings last quarter?
Planet Fitness Inc released its earnings results on Nov 07, 2024. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.577 by $0.063.
Is Planet Fitness Inc overvalued?
According to Wall Street analysts Planet Fitness Inc’s price is currently Undervalued.
Does Planet Fitness Inc pay dividends?
Planet Fitness Inc pays a Notavailable dividend of $2.779 which represents an annual dividend yield of N/A. See more information on Planet Fitness Inc dividends here
What is Planet Fitness Inc’s EPS estimate?
Planet Fitness Inc’s EPS estimate is 0.62.
How many shares outstanding does Planet Fitness Inc have?
Planet Fitness Inc has 84,180,626 shares outstanding.
What happened to Planet Fitness Inc’s price movement after its last earnings report?
Planet Fitness Inc reported an EPS of $0.64 in its last earnings report, beating expectations of $0.577. Following the earnings report the stock price went up 11.246%.
Which hedge fund is a major shareholder of Planet Fitness Inc?
Among the largest hedge funds holding Planet Fitness Inc’s share is Greenvale Capital LLP. It holds Planet Fitness Inc’s shares valued at 154M.
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Planet Fitness Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$110.33 (5.62% Upside)
$110.33 (5.62% Upside)
Blogger Sentiment
Bullish
PLNT Sentiment 70%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 909.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 5.8%
Last 30 Days ▲ 10.4%
Last 30 Days ▲ 10.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
41.50%
12-Months-Change
Fundamentals
Return on Equity
-60.23%
Trailing 12-Months
Asset Growth
3.51%
Trailing 12-Months
Company Description
Planet Fitness Inc
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a positive sentiment with strong growth in revenue and membership, strategic initiatives in place for future growth, and successful marketing programs. However, there are challenges in the equipment segment revenue and anticipated near-term softness in net member growth due to price increases.Read More>---
PLNT Stock 12 Month Forecast
Average Price Target
$110.33
▲(5.62% Upside)
Technical Analysis
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Best Analysts Covering PLNT
1 Year
1 Year Success Rate
14/16 ratings generated profit
1 Year Average Return
+43.41%
reiterated a buy rating 6 months ago
Copying John Heinbockel's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +43.41% per trade.
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