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Planet Fitness (PLNT)
NYSE:PLNT
Planet Fitness (PLNT) Stock Price & Analysis
1,111 Followers
PLNT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$44.13 - $79.09
Previous Close$76.5
Volume953.92K
Average Volume (3M)1.69M
Market Cap
$6.75B
Enterprise Value$8.64B
Total Cash (Recent Filing)$471.43M
Total Debt (Recent Filing)$2.37B
Price to Earnings (P/E)43.7
Beta1.16
Next Earnings
Aug 06, 2024EPS Estimate
$0.66Last Dividend Ex-Date
Nov 18, 2016Dividend YieldN/A
Share Statistics
EPS (TTM)1.75
Shares Outstanding88,179,335
10 Day Avg. Volume1,787,540
30 Day Avg. Volume1,693,977
Standard Deviation0.12
R-Squared0.41
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)-5.46
Price to Sales (P/S)6.80
Price to Cash Flow (P/CF)17.90
P/FCF Ratio20.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.60
Enterprise Value/Gross Profit15.50
Enterprise Value/Ebitda16.26
Forecast
1Y Price Target
$81.62Price Target Upside6.69% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
Planet Fitness News
PremiumCompany Announcements
Planet Fitness Launches Major Share Repurchase Plan
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAn increase in Classic Card monthly price to $15 is expected to improve existing gym revenues and 4-wall economics.
LeadershipThe new CEO, Colleen Keating, brings prior experience with PE sponsors, extensive franchisee/operational experience, and the ability to build a company's identity.
MarketingReturning marketing efficiency to pre-pandemic levels could yield solid member growth.
Bears Say
AdvertisingAd spend analysis points to deteriorating returns and LTV/CAC below 2019 levels.
GuidancePLNT lowered FY24 revenue and earnings growth guidance due to headwinds.
MembershipFollowing the social media backlash mid-March, PLNT noted a rise in cancellations, prompting a lower full-year comps outlook.
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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 $79.09 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 15 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 $0.66.
How many shares outstanding does Planet Fitness have?
Planet Fitness has 87,528,800 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 159M.
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Planet Fitness Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$81.62 (6.69% Upside)
$81.62 (6.69% Upside)
Blogger Sentiment
Bullish
PLNT Sentiment 71%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 2.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 1.6%
Last 30 Days ▲ 0.5%
Last 30 Days ▲ 0.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
12.61%
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
$81.62
▲(6.69% Upside)
Technical Analysis
Best Analysts Covering PLNT
1 Year
1 Year Success Rate
13/15 ratings generated profit
1 Year Average Return
+38.26%
reiterated a buy rating 5 months ago
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