Planet Fitness, Inc. with ticker code (PLNT) have now 17 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $130.00 and $70.00 calculating the mean target price we have $100.24. Given that the stocks previous close was at $94.17 this would indicate that there is a potential upside of 6.4%. There is a 50 day moving average of $81.75 and the 200 day MA is $71.53. The market capitalization for the company is 8.06B. The stock price is currently at: $95.31 USD
The potential market cap would be $8,582,335,491 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 51.24, 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.
