Planet Fitness, Inc. which can be found using ticker (PLNT) now have 16 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $100.00 and $61.00 with the average target price sitting at $81.06. Now with the previous closing price of $75.40 this would imply there is now a potential upside of 7.5%. It’s also worth noting that there is a 50 day moving average of $70.44 and the 200 day MA is $65.74. The market capitalization for the company is 6.59B. The current share price for the company is: $74.70 USD
The potential market cap would be $7,081,454,442 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 42.93, revenue per share of $12.80 and a 6.33% 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.
