Planet Fitness, Inc. with ticker code (PLNT) have now 16 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 $55.00 suggesting an average Analsyt target price of $75.25. Given that the stocks previous close was at $59.35 this is indicating there is a potential upside of 26.8%. The day 50 moving average is $63.20 and the 200 day MA is $62.85. The company has a market cap of 5.17B. The stock price for the company is currently $58.65 USD
The potential market cap would be $6,556,494,448 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 36.2, revenue per share of $12.62 and a 6.16% 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.
