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Planet Fitness (PLNT)
NYSE:PLNT
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PLNT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$54.35 - $98.59
Previous Close$95.2
Volume1.02M
Average Volume (3M)1.22M
Market Cap
$8.06B
Enterprise Value$10.16B
Total Cash (Recent Filing)$482.49M
Total Debt (Recent Filing)$2.58B
Price to Earnings (P/E)51.2
Beta1.15
Next Earnings
Feb 20, 2025EPS Estimate
$0.62Last Dividend Ex-Date
Nov 18, 2016Dividend YieldN/A
Share Statistics
EPS (TTM)1.86
Shares Outstanding84,593,830
10 Day Avg. Volume1,776,786
30 Day Avg. Volume1,220,064
Standard Deviation0.11
R-Squared0.46
Alpha-0.00770
Financial Highlights & Ratios
Price to Book (P/B)-30.06
Price to Sales (P/S)7.15
Price to Cash Flow (P/CF)15.90
P/FCF Ratio25.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.08
Enterprise Value/Gross Profit18.22
Enterprise Value/Ebitda15.74
Forecast
1Y Price Target
$102.77Price Target Upside8.53% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
Planet Fitness News
Bulls Say, Bears Say
Bulls Say
Earnings And Financial PerformanceQ3 revenue and adjusted EBITDA topped consensus with comps/members outperforming including a bullish initial reaction to the Classic Card price increase.
Membership And Pricing StrategyThe initial reception of the Classic Card price increase is better than expected, driving better membership and mix toward the higher-tier Black Card.
Strategy And LeadershipStrong results and an inspiring strategy update from the new CEO have bolstered shares close to all-time highs, building confidence in the company's growth trajectory.
Bears Say
Earnings EstimatesThere is a likely lack of upside to Street's 3Q estimates with openings set to miss.
Membership GrowthMemberships have softened slightly, affecting the company's performance.
Regulatory ConcernsFTC's Negative Option Rule may be a near-term overhang as it allows easier membership cancellations.
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Ownership Overview
0.43% Insiders
30.49% Mutual Funds
6.93% Other Institutional Investors
43.98% 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’s price range in the past 12 months?
Planet Fitness lowest stock price was $54.35 and its highest was $98.59 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 Feb 20, 2025 which is in 99 days.
How were Planet Fitness’s earnings last quarter?
Planet Fitness released its earnings results on Nov 07, 2024. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.571 by $0.069.
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 $0.62.
How many shares outstanding does Planet Fitness have?
Planet Fitness has 84,180,626 shares outstanding.
What happened to Planet Fitness’s price movement after its last earnings report?
Planet Fitness reported an EPS of $0.64 in its last earnings report, beating expectations of $0.571. Following the earnings report the stock price went up 11.246%.
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 169M.
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Planet Fitness Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$102.77 (8.53% Upside)
$102.77 (8.53% Upside)
Blogger Sentiment
Bullish
PLNT Sentiment 69%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 449.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $158.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.8%
Last 30 Days ▼ 6.6%
Last 30 Days ▼ 6.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
48.42%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
3.51%
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
Q3 2024
0:00 / 0:00
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PLNT Stock 12 Month Forecast
Average Price Target
$102.77
▲(8.53% Upside)
Technical Analysis
National Vision Holdings
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Dick's Sporting Goods
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Yeti Holdings
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Lululemon Athletica
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Best Analysts Covering PLNT
1 Year
1 Year Success Rate
14/16 ratings generated profit
1 Year Average Return
+41.73%
reiterated a buy rating 3 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 +41.73% per trade.
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