Planet Fitness, Inc. which can be found using ticker (PLNT) now have 17 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $100.00 and $57.00 with the average target price sitting at $71.76. Given that the stocks previous close was at $73.75 this would imply there is a potential downside of -2.7%. It’s also worth noting that there is a 50 day moving average of $64.07 and the 200 day MA is $65.20. The market cap for the company is 6.48B. The stock price is currently at: $73.50 USD
The potential market cap would be $6,303,979,097 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 45.65, 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.
