Planet Fitness, Inc. with ticker code (PLNT) now have 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $100.00 and $70.00 suggesting an average Analsyt target price of $87.63. Given that the stocks previous close was at $81.56 and the analysts are correct then there would likely be a percentage uptick in value of 7.4%. It’s also worth noting that there is a 50 day moving average of $76.15 and the 200 day moving average is $68.61. The company has a market capitalization of 6.90B. Currently the stock stands at: $81.06 USD
The potential market cap would be $7,417,431,457 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 44.54, 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.
