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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$44.13 - $83.98
Previous Close$81.62
Volume953.88K
Average Volume (3M)1.45M
Market Cap
$6.96B
Enterprise Value$9.11B
Total Cash (Recent Filing)$425.76M
Total Debt (Recent Filing)$2.58B
Price to Earnings (P/E)44.8
Beta1.05
Next Earnings
Nov 07, 2024EPS Estimate
$0.57Last Dividend Ex-Date
Nov 18, 2016Dividend YieldN/A
Share Statistics
EPS (TTM)1.82
Shares Outstanding85,167,046
10 Day Avg. Volume1,170,193
30 Day Avg. Volume1,447,144
Standard Deviation0.12
R-Squared0.43
Alpha-0.00914
Financial Highlights & Ratios
Price to Book (P/B)-21.88
Price to Sales (P/S)6.34
Price to Cash Flow (P/CF)22.40
P/FCF Ratio43.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.69
Enterprise Value/Gross Profit16.33
Enterprise Value/Ebitda13.74
Forecast
1Y Price Target
$87.21Price Target Upside4.86% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
Planet Fitness News
Bulls Say, Bears Say
Bulls Say
Financial PerformancePLNT's strong consumer value proposition and high-margin franchise model should prove resilient in a challenging macro backdrop.
Leadership And StrategyNew leadership fostering positive changes by focusing on bolstering leadership, enhancing members' experience, and upgrading marketing to unlock faster growth.
Revenue And PricingRefreshed pricing dynamics positions PLNT to benefit from pricing power, driving earnings upgrades.
Bears Say
EarningsPLNT reported 2Q system-wide comp growth of +4.2% vs consensus of +4.8%.
ExpansionInflationary pressures and interest rate-related headwinds have impacted unit growth, with new store openings projected to be lower than previous years.
MarketingAd spend analysis points to deteriorating returns and LTV/CAC below 2019 levels.
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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 $83.98 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 Nov 07, 2024 which is in 49 days.
How were Planet Fitness’s earnings last quarter?
Planet Fitness released its earnings results on Aug 06, 2024. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.659 by $0.051.
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 $0.57.
How many shares outstanding does Planet Fitness have?
Planet Fitness has 84,578,840 shares outstanding.
What happened to Planet Fitness’s price movement after its last earnings report?
Planet Fitness reported an EPS of $0.71 in its last earnings report, beating expectations of $0.659. Following the earnings report the stock price went up 6.096%.
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:
$87.21 (4.86% Upside)
$87.21 (4.86% Upside)
Blogger Sentiment
Bullish
PLNT Sentiment 72%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 449.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $655.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.5%
Last 30 Days ▲ 4.5%
Last 30 Days ▲ 4.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
62.29%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
4.42%
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
Q2 2024
0:00 / 0:00
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PLNT Stock 12 Month Forecast
Average Price Target
$87.21
▲(4.86% Upside)
Technical Analysis
National Vision Holdings
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Luminar Technologies
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Camping World Holdings
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Six Flags Entertainment Corporation
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Best Analysts Covering PLNT
1 Year
1 Year Success Rate
14/16 ratings generated profit
1 Year Average Return
+37.94%
reiterated a buy rating last month
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 +37.94% per trade.
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