Planet Fitness, Inc. (PLNT)

NYSE: PLNT · Real-Time Price · USD
96.22
-2.97 (-2.99%)
At close: Mar 28, 2025, 4:00 PM
96.50
+0.28 (0.29%)
After-hours: Mar 28, 2025, 5:52 PM EDT
-2.99%
Market Cap 8.15B
Revenue (ttm) 1.10B
Net Income (ttm) 172.04M
Shares Out 84.67M
EPS (ttm) 2.00
PE Ratio 48.11
Forward PE 33.12
Dividend n/a
Ex-Dividend Date n/a
Volume 663,251
Open 98.10
Previous Close 99.19
Day's Range 95.82 - 98.64
52-Week Range 57.64 - 110.00
Beta 1.54
Analysts Buy
Price Target 98.50 (+2.37%)
Earnings Date May 8, 2025

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 Clubs, and Equipment. The company is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. It also engages in the sale of fitness equipment to franchisee-owned clubs in the United States, Canada, and Mexico. In addition, the company operates corporate-owned clubs in the United States, Canada, and S... [Read more]

Industry Leisure
IPO Date Aug 6, 2015
Employees 3,411
Stock Exchange NYSE
Ticker Symbol PLNT
Full Company Profile

Financial Performance

In 2024, Planet Fitness's revenue was $1.10 billion, an increase of 10.13% compared to the previous year's $1.00 billion. Earnings were $172.04 million, an increase of 24.39%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for PLNT stock is "Buy." The 12-month stock price forecast is $98.5, which is an increase of 2.37% from the latest price.

Price Target
$98.5
(2.37% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Planet Fitness: A New Year Brings More Hope To This Gym Franchise (Rating Upgrade)

I'm upgrading Planet Fitness to a neutral rating after a sharp acceleration in revenue as well as same-club sales in Q4. The company plans to open 160-170 new gyms in FY25, up from 150 in FY24, alongs...

20 days ago - Seeking Alpha

PLANET FITNESS, INC. ANNOUNCES UPCOMING CONFERENCE PARTICIPATION

HAMPTON, N.H. , Feb. 26, 2025 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that the Company is participating in an upcoming investor conference.

4 weeks ago - PRNewsWire

Planet Fitness: Well-Run, But A Slow Year Ahead

Planet Fitness Q4 revenues rose 19.4% to $340.5 million, driven by higher membership fees, new equipment sales, and franchise fees. Adjusted EBITDA increased to $130.8 million, with net income up to $...

4 weeks ago - Seeking Alpha

Planet Fitness Stock Tumbles on Slower Earnings Growth Projections

Shares of Planet Fitness (PLNT) sank on Tuesday as some of the gym chain's projections for 2025 outweighed an estimate-topping fourth quarter.

4 weeks ago - Investopedia

Planet Fitness (PLNT) Q4 2024 Earnings Call Transcript

Planet Fitness Inc. (NYSE:PLNT) Q4 2024 Earnings Conference Call February 25, 2025 8:00 AM ET Company Participants Colleen Keating - Chief Executive Officer Jay Stasz - Chief Financial Officer Stacey...

4 weeks ago - Seeking Alpha

Planet Fitness shares stumble as outlook points to slower earnings growth

Planet Fitness' stock falls as the full-year earnings growth outlook disappoints.

4 weeks ago - Market Watch

Planet Fitness, Inc. Announces Fourth Quarter and Year-End 2024 Results

Full-year system-wide same club sales increase of 5.0% Net membership growth of 1 million since the end of 2023 Opened 150 new Planet Fitness clubs in 2024 HAMPTON, N.H. , Feb. 25, 2025 /PRNewswire/ -...

4 weeks ago - PRNewsWire

Planet Fitness 4Q Preview: Price Hikes Could Be Accretive, Says Bullish Analyst

Shares of Planet Fitness Inc PLNT were rising in early trading on Monday, a day ahead of the company reporting its fourth-quarter results.

4 weeks ago - Benzinga

Planet Fitness stock forecast: is PLNT a buy ahead of earnings?

Planet Fitness stock price has bounced back after bottoming at $23.76 in 2020 to a high of $109.75 earlier this year. It has risen by over 305% from its lowest point in 2020, giving it a market cap of...

4 weeks ago - Invezz

Planet Fitness Realigns Leadership Team to Drive Growth Initiatives

HAMPTON, N.H. , Feb. 12, 2025 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fi...

6 weeks ago - PRNewsWire

PLANET FITNESS, INC. TO REPORT FOURTH QUARTER 2024 RESULTS ON FEBRUARY 25, 2025

HAMPTON, N.H. , Feb. 11, 2025 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that the Company will report results for its fourth quarter ended December 31, 2024, be...

6 weeks ago - PRNewsWire

Baron Small Cap Fund: Q4 2024 Top Contributors And Detractors

Vertiv Holdings Co. excels with strong AI-related data center demand, projecting 16%-18% organic revenue growth for 2025, and increased profit margins. Chart Industries, Inc. shows robust fundamentals...

2 months ago - Seeking Alpha

Planet Fitness Is Keeping Its Resolutions

The gym chain's revamp has taken hold after a franchisee revolt.

2 months ago - WSJ

Planet Fitness Announces Key Year-End Metrics

Ended 2024 with total membership of approximately 19.7 millionFull year System-Wide Same Club Sales increase of 5.0%Opened 150 new Planet Fitness clubsEquipment placed in 124 new franchised clubs Comp...

2 months ago - PRNewsWire

Planet Fitness Strengthens Leadership Team with Two New Appointments

Company Appoints Chip Ohlsson as Chief Development Officer and Brian Povinelli as Chief Marketing Officer HAMPTON, N.H. , Jan. 13, 2025 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"...

2 months ago - PRNewsWire

Planet Fitness: Rating Upgrade On Growth Acceleration Outlook

I upgraded my rating for Planet Fitness from Hold to Buy, anticipating mid-teens revenue growth driven by macro and demographic tailwinds. Declining interest rates should ease financing costs, boostin...

3 months ago - Seeking Alpha

Big Money Pumping Up Planet Fitness

Planet Fitness, Inc. (PLNT) is growing fast thanks to Big Money buying.

3 months ago - FXEmpire

Planet Fitness Called the 'Walmart of Gyms' by Jefferies; Shares Rise

Planet Fitness (PLNT) shares advanced Tuesday after Jefferies research analysts called it the “Walmart of Gyms,” pointing to the fitness chain's large size and low prices as the company is seen benefi...

3 months ago - Investopedia

Planet Fitness loses 11th hour bid to acquire bankrupt Blink

Planet Fitness lost a bid in bankruptcy court to acquire Blink Holdings. U.K.-based private gym chain PureGym won its bid to acquire Blink and its assets, including 60 of its gyms in New York and New ...

4 months ago - CNBC

Planet Fitness: Powering To New Highs

Planet Fitness, Inc. has shown strong growth with Q3 revenues up 5.3% and adjusted EBITDA rising to $123.1 million, despite slower equipment sales. The company's franchise and subscription model remai...

5 months ago - Seeking Alpha

Planet Fitness, Inc. (PLNT) Q3 2024 Earnings Call Transcript

Planet Fitness, Inc. (NYSE:PLNT) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Stacey Caravella – Vice President-Investor Relations Colleen Keating – Chief Executi...

5 months ago - Seeking Alpha

Planet Fitness's stock rises premarket as it beats profit and revenue estimates

Gym chain boosts its outlook for 2024 revenue growth.

5 months ago - Market Watch

Planet Fitness, Inc. Announces Third Quarter 2024 Results

Increases 2024 revenue and Adjusted EBITDA outlook Initiated new $500 million share repurchase program upon $280 million share repurchase completion Appointed Jay Stasz as Chief Financial Officer, eff...

5 months ago - PRNewsWire

Planet Fitness enters 11th hour bid for bankrupt Blink Fitness

Planet Fitness wants to acquire bankrupt budget-fitness chain Blink Holdings, according to court filings viewed by CNBC. Planet Fitness previously lost out in a bankruptcy auction against U.K.-based, ...

5 months ago - CNBC

Planet Fitness submits last minute bid to acquire UK fitness chain

On Friday, in the closing hour of the deal's 48-hour challenge period, Planet Fitness submitted two competing bids to acquire Blink, a source close to the matter told The Post.

5 months ago - New York Post