Planet Fitness, Inc. which can be found using ticker (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 $103.59. Given that the stocks previous close was at $95.27 this indicates there is a potential upside of 8.7%. There is a 50 day moving average of $83.58 and the 200 day moving average is $72.33. The company has a market cap of 8.17B. The stock price is currently at: $97.03 USD
The potential market cap would be $8,881,213,944 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 52.17, 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.
