Planet Fitness, Inc. (PLNT)

NYSE: PLNT · IEX Real-Time Price · USD
57.69
+1.12 (1.98%)
At close: Sep 27, 2022 4:00 PM
58.49
+0.80 (1.39%)
After-hours: Sep 27, 2022 4:26 PM EDT
1.98%
Market Cap 5.21B
Revenue (ttm) 749.01M
Net Income (ttm) 61.99M
Shares Out 90.39M
EPS (ttm) 0.67
PE Ratio 86.10
Forward PE 31.95
Dividend n/a
Ex-Dividend Date n/a
Volume 1,086,703
Open 57.84
Previous Close 56.57
Day's Range 56.61 - 59.12
52-Week Range 54.15 - 99.60
Beta 1.21
Analysts Buy
Price Target 95.37 (+65.3%)
Earnings Date Nov 2, 2022

About PLNT

Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. It operates through Franchise, Corporate-Owned Stores, and Equipment segments. The Franchise segment is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. The Corporate-Owned Stores segment operates corporate-owned stores in the United States and Canada. The Equipment segment engages in the sale of fitness equipment to franchisee-owned stores in the United States an... [Read more...]

Industry Hotels, Restaurants & Leisure
IPO Date Aug 6, 2015
CEO Christopher Rondeau
Employees 1,770
Stock Exchange NYSE
Ticker Symbol PLNT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for PLNT stock is "Buy." The 12-month stock price forecast is 95.37, which is an increase of 65.31% from the latest price.

Price Target
$95.37
(65.31% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Planet Fitness stock upgraded to Buy from Raymond James

Yahoo Finance Live anchors Seana Smith and Josh Schafer discuss gym chain Planet Fitness' stock as consumers re-consider gym memberships in the late-pandemic.

22 hours ago - Yahoo Finance

Planet Fitness stock bounces after a double upgrade to 'strong buy' at Raymond James

Shares of Planet Fitness Inc. PLNT, +1.97% bounced 2.2% in afternoon trading Monday, after the fitness center company was doubled upgraded at Raymond James, citing a "highly resilient" business model an...

1 day ago - Market Watch

Planet Fitness (PLNT) Down 12% Since Last Earnings Report: Can It Rebound?

Planet Fitness (PLNT) reported earnings 30 days ago. What's next for the stock?

2 weeks ago - Zacks Investment Research

PLANET FITNESS ANNOUNCES UPCOMING CONFERENCE PARTICIPATION

HAMPTON, N.H. , Sept. 7, 2022 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that the Company is participating in an upcoming investor conference.

2 weeks ago - PRNewsWire

Why Planet Fitness Stock Was Down 14% in August

Wall Street wasn't a fan of this business in August even though there are some positive takeaways for investors.

3 weeks ago - The Motley Fool

$10,000 Invested in These Growth Stocks Could Make You a Fortune Over the Next 10 Years

Here's your chance to beat the market with safer growth stocks.

Other symbols: AXONCROX
3 weeks ago - The Motley Fool

Planet Fitness (PLNT) Benefits From Robust Member Addition

Planet Fitness (PLNT) benefits from a rise in membership sign-ups, strategic partnerships and international expansion.

3 weeks ago - Zacks Investment Research

Move Over, Peloton: 16.5 Million Reasons to Buy This Fitness Stock Instead

This low-cost gym franchiser and operator just had a record quarter.

4 weeks ago - The Motley Fool

Put Away the Peloton Bike. Gyms Are 'Back' so Buy Planet Fitness, This Analyst Says.

'It's clear that at-home/digital fitness was a fad,' says an analyst at Jefferies.

1 month ago - Barrons

Planet Fitness CEO: Gen Z gym memberships are 'off the charts'

Fitness This segment originally aired on August 10, 2022. Planet Fitness CEO Chris Rondeau joins Yahoo Finance Live anchors Brian Sozzi, Brad Smith and Julie Hyman to discuss company earnings, membershi...

1 month ago - Yahoo Finance

Twitter Stock Can Hit $50

These reports, excerpted and edited by Barron's, were issued recently by investment and research firms. The reports are a sampling of analysts' thinking; they should not be considered the views or recom...

Other symbols: TWTRARCHDARRBLXTJX
1 month ago - Market Watch

Will International Expansion Mean a Boost for Planet Fitness?

The business model may easily translate overseas, but the gym company's domestic growth might be enough.

1 month ago - The Motley Fool

Planet Fitness (PLNT) Q2 Earnings Match Estimates, Revenues Lag

Planet Fitness' (PLNT) second-quarter 2022 performance is aided by the Sunshine Fitness buyout, same-store sales growth and new store openings.

1 month ago - Zacks Investment Research

10 Stocks That Could Rise 10x (Safely)

This article is excerpted from Tom Yeung's Profit & Protection newsletter dated Aug. 9, 2022. To make sure you don't miss any of Tom's picks, subscribe to his mailing list here.

1 month ago - InvestorPlace

Planet Fitness CEO says company isn't raising its $10 a month membership fee

CNBC's Jim Cramer spoke with Planet Fitness CEO Chris Rondeau on Tuesday's episode of "Mad Money."

1 month ago - CNBC Television

Here's Why Planet Fitness Stock Fell Today

Financial results were below analyst estimates, but the company is in a healthy place.

1 month ago - The Motley Fool

Planet Fitness can ‘thrive' during high inflation and a recession, but stock drops as revenue misses

Planet Fitness Inc. Chief Executive Chris Rondeau said Tuesday that he believes the lower-priced fitness center franchisor and operator can “thrive” in a high-inflation environment, or even a recession,...

1 month ago - Market Watch

Planet Fitness matches profit expectations

Yahoo Finance anchors Brian Sozzi, Brad Smith and Julie Hyman discuss Planet Fitness earnings.

1 month ago - Yahoo Finance

The 3 Best Fitness Stocks to Buy Now

In a December 2021 column, I pointed out that fears of the coronavirus were starting to ease sharply. In light of the latter development and the fact that the pandemic had made many Americans much more ...

Other symbols: LULUXPOF
1 month ago - InvestorPlace

Planet Fitness Adds 3.3M Teens Via High School Summer Enrollment Program

A Planet Fitness program that allowed teens to work out for free at the company's gyms during the summer drew 3.3 million participants.

1 month ago - PYMNTS

Planet Fitness (PLNT) Q2 Earnings Match Estimates

Planet Fitness (PLNT) delivered earnings and revenue surprises of 0% and 2.65%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Planet Fitness matches on profit expectations and same-store sales beats, but misses on revenue

Planet Fitness Inc. PLNT, +1.05% reported Tuesday second-quarter profit that was in line with expectations but revenue that missed, while same-store sales rose more than forecast. Net income that rose t...

1 month ago - Market Watch

Planet Fitness Promotes Jamie Medeiros to Chief Brand Officer

22-Year Company Veteran to Lead Marketing and Continue to Strengthen Planet Fitness' Position as the Affordable Leader in Health & Fitness HAMPTON, N.H. , Aug. 9, 2022 /PRNewswire/ -- Planet Fitness, In...

1 month ago - PRNewsWire

Planet Fitness, Inc. Announces Second Quarter 2022 Results

System-wide same store sales increased 13.6% Ends second quarter with total membership of more than 16.5 million More than 3.3 million High School Summer Pass participants through end of July HAMPTON, N...

1 month ago - PRNewsWire

Planet Fitness (PLNT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Planet Fitness (PLNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research