Planet Fitness, Inc. with ticker code (PLNT) now have 16 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $100.00 and $61.00 calculating the average target price we see $81.25. Now with the previous closing price of $73.70 this indicates there is a potential upside of 10.2%. It’s also worth noting that there is a 50 day moving average of $71.29 and the 200 day MA is $66.34. The company has a market capitalization of 6.41B. The stock price is currently at: $72.67 USD
The potential market cap would be $7,064,438,621 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 41.76, revenue per share of $12.80 and a 6.33% 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.
