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 $130.00 and $84.00 with the average target price sitting at $104.59. Given that the stocks previous close was at $99.55 this now indicates there is a potential upside of 5.1%. Also worth taking note is the 50 day moving average now sits at $86.73 and the 200 day moving average is $73.74. The total market capitalization for the company now stands at 8.42B. The current share price for the company is: $99.58 USD
The potential market cap would be $8,850,183,334 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 53.54, revenue per share of $12.19 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.
