Planet Fitness, Inc. which can be found using ticker (PLNT) now have 17 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 100 and 54 suggesting an average Analsyt target price of $79.53. Given that the stocks previous close was at $61.81 this would indicate that there is a potential upside of 28.7%. It’s also worth noting that there is a 50 day moving average of $66.90 and the 200 moving average now moves to $73.67. The total market capitalization for the company now stands at 5.48B. The stock price for the company is currently 61.46 USD
The potential market cap would be $7,053,296,732 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 49.56, revenue per share of 10.82 and a 5.16% 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.
