Planet Fitness, Inc. with ticker code (PLNT) have now 16 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 share target price sitting at $75.69. (at the time of writing). Now with the previous closing price of $63.50 this would imply there is now a potential upside of 19.2%. Also worth taking note is the 50 day moving average now sits at $70.18 and the 200 day moving average is $63.83. The market capitalization for the company is 5.53B. The stock price for the company is currently $62.76 USD
The potential market cap would be $6,594,843,391 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 38.74, revenue per share of $11.80 and a 5.86% 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.
