Planet Fitness, Inc. with ticker code (PLNT) have now 17 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $150.00 and $85.00 suggesting an average analyst share price target price of $111.72. (at the time of writing). Now with the previous closing price of $99.24 this indicates there is a potential upside of 12.6%. The day 50 moving average is $102.72 and the 200 day MA is $84.93. The market cap for the company is 7.69B. Currently the stock stands at: $90.94 USD
The potential market cap would be $8,660,348,458 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 48.89, revenue per share of $12.19 and a 6.55% return on assets.
Planet Fitness, Inc. is a franchisor and operator of fitness centers in the United States. The Company operates through three segments: Franchise; Corporate-owned stores, and Equipment. The Franchise segment includes operations related to the Company’s franchising business in the United States, Puerto Rico, the Dominican Republic and Canada. The Corporate-owned stores segment includes operations with respect to all corporate-owned stores throughout the United States and Canada. The Equipment segment includes the sale of equipment to franchisee-owned stores. As of June 18, 2019, it had approximately 13.6 million members and 1806 stores in 50 states, the District of Columbia, Puerto Rico, Canada and the Dominican Republic.
