Planet Fitness, Inc. which can be found using ticker (PLNT) have now 17 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 $57.00 calculating the mean target price we have $71.76. Given that the stocks previous close was at $64.77 and the analysts are correct then we can expect a percentage increase in value of 10.8%. There is a 50 day moving average of $54.08 and the 200 moving average now moves to $66.45. The market capitalization for the company is 5.81B. The current share price for the company is: $65.92 USD
The potential market cap would be $6,437,730,036 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 40.94, revenue per share of $11.87 and a 6.05% 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.
