Planet Fitness, Inc. with ticker code (PLNT) now have 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 $100.00 and $70.00 calculating the average target price we see $88.65. Given that the stocks previous close was at $79.16 this would imply there is now a potential upside of 12.0%. The 50 day MA is $81.23 while the 200 day moving average is $70.94. The company has a market capitalization of 6.82B. The price for the stock stands currently at: $80.06 USD
The potential market cap would be $7,635,893,830 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 43.99, revenue per share of $12.04 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.
