Planet Fitness, Inc. with ticker code (PLNT) now have 17 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $100.00 and $57.00 calculating the mean target price we have $71.76. Given that the stocks previous close was at $71.11 this would imply there is now a potential upside of .9%. The 50 day moving average now sits at $61.53 while the 200 day moving average is $65.34. The total market capitalization for the company now stands at 6.32B. The stock price is currently at: $71.67 USD
The potential market cap would be $6,375,234,820 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 44.52, revenue per share of $11.87 and a 6.05% 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.
