Planet Fitness, Inc. (PLNT)
Market Cap | 5.55B |
Revenue (ttm) | 1.10B |
Net Income (ttm) | 149.92M |
Shares Out | 87.53M |
EPS (ttm) | 1.74 |
PE Ratio | 36.36 |
Forward PE | 24.45 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,954,709 |
Open | 65.29 |
Previous Close | 65.40 |
Day's Range | 62.98 - 65.29 |
52-Week Range | 44.13 - 75.86 |
Beta | n/a |
Analysts | Buy |
Price Target | 72.63 (+14.79%) |
Earnings Date | May 9, 2024 |
About PLNT
Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. The company operates through three segments: Franchise, Corporate-Owned Stores, and Equipment. The company is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. It engages in the sale of fitness equipment to franchisee-owned stores in the United States, Canada, and Mexico. In addition, the company operates corporate-owned stores in the United States and Canada. Plan... [Read more]
Financial Performance
In 2023, Planet Fitness's revenue was $1.07 billion, an increase of 14.36% compared to the previous year's $936.77 million. Earnings were $138.31 million, an increase of 39.15%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for PLNT stock is "Buy." The 12-month stock price forecast is $72.63, which is an increase of 14.79% from the latest price.
News
Planet Fitness Stock Has Faltered. Why This Is a Good Time to Buy Shares, One Analyst Says.
Rahul Krotthapalli upgraded shares of Planet Fitness to Overweight from Neutral.
Planet Fitness to increase membership fee for first time in nearly 30 years
Planet Fitness' classic gym membership will get $5 more expensive come summertime. The fitness chain is raising its classic membership to $15 a month for new members.
Planet Fitness raises prices for the first time in over 25 years
The national gym is hiking its prices for the first time since 1998.
Planet Fitness is ditching the $10 membership it has had for 26 years, and hiking basic prices by 50%
Planet Fitness is hiking the price of its Classic Card membership plan by 50% to $15 a month. It had held the price at $10 for 26 years, which would be worth around $19 in today's money.
Three-Stock Lunch: Warner Bros. Discovery, Roblox & Planet Fitness
Brian Vendig, MJP Wealth Advisors president, joins 'Power Lunch' to discuss stock plays for three stocks, including Warner Bros. Discovery, Roblox, and Planet Fitness.
Planet Fitness is raising prices even as it warns customers are growing cost-conscious
Classic card membership will be priced at $15 per month for new members, up from $10 per month, starting this summer.
Planet Fitness' stock slides 9% after
Planet Fitness Inc.'s stock PLNT, -0.27% fell 9% early Thursday, .after the operator of fitness centers lowered its full-year guidance to reflect a more cautious consumer. Hampton, New Hampshire-based...
Planet Fitness, Inc. Announces First Quarter 2024 Results
System-wide same store sales increased 6.2% Ended first quarter with total membership of approximately 19.6 million $20.0 million in shares repurchased in first quarter Updates 2024 outlook HAMPTON, N...
PLANET FITNESS, INC. TO REPORT FIRST QUARTER 2024 RESULTS ON MAY 9, 2024
HAMPTON, N.H. , April 25, 2024 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that the Company will report results for its first quarter ended March 31, 2024, befor...
New CEO of Planet Fitness required ‘unconscious bias training, hiring through DEI lens' at previous job
Colleen Keating, who has served as chief executive at rental service FirstKey Homes since 2020, will assume the CEO title officially on June 10.
Planet Fitness names Colleen Keating as new CEO
Planet Fitness on Tuesday named Colleen Keating as its new CEO, replacing interim chief executive Craig Benson. She previously served as CEO of FirstKey Homes.
Planet Fitness shares fall as company announces new CEO, though analyst sees upside
Planet Fitness has appointed a new CEO effective June 10 after a months-long search for new leadership.
Planet Fitness Taps Colleen Keating as New CEO
The fitness center franchiser and operator said Keating succeeds Craig Benson, who was serving as chief executive on an interim basis.
Planet Fitness Names Colleen Keating Chief Executive Officer
Craig Benson to Remain on Planet Fitness Board of Directors HAMPTON, N.H. , April 16, 2024 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that it has appointed Coll...
INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Planet Fitness, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / April 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Fitness, ...
Analysts love Planet Fitness (PLNT) stock despite boycott risks
Planet Fitness (NYSE: PLNT) stock price has underperformed the market this year as the popularity of weight loss drugs increased. It has crashed by 16.5% in the past 12 months and by 10.7% this year.
ONGOING SHAREHOLDER ALERT: The Schall Law Firm Announces it is Investigating Claims Against Planet Fitness, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / April 4, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Fitness, I...
ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Planet Fitness, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / April 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Fitness, I...
INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Planet Fitness, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / March 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Fitness, ...
Planet Fitness value plummets $400M after transgender turmoil
Planet Fitness has seen a nearly 8-percent drop in valuation after revoking a woman's membership for taking photos of a biological male in the women's locker room.
IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Planet Fitness, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / March 21, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Fitness, ...
Planet Fitness stock plummets after woman's membership canceled for taking picture of ‘man in women's locker room shaving'
Planet Fitness saw the valuation of the company's stock drop this week after an Alaska gym canceled a woman's membership when she photographed a male using the women's locker room.
Planet Fitness Stock Is Rising Despite Weak Guidance, Executive Exit
Gym chain Planet Fitness reported a strong fourth quarter that overshadowed disappointing guidance. Chief Financial Officer Tom Fitzgerald announced his retirement.
Planet Fitness's stock seesaws as company reports earnings beat but mixed outlook
Shares of Planet Fitness Inc. seesawed around the flatline Thursday, after the fitness-center operator beat fourth-quarter earnings expectations but provided a downbeat growth outlook for this year.
Planet Fitness Chief Financial Officer Tom Fitzgerald to Retire
HAMPTON, N.H. , Feb. 22, 2024 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that Tom Fitzgerald, Chief Financial Officer, has informed the Company of his intention...