Planet Fitness, Inc. with ticker code (PLNT) have now 16 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 suggesting an average analyst share price target price of $76.50. (at the time of writing). Given that the stocks previous close was at $62.38 this now indicates there is a potential upside of 22.6%. It’s also worth noting that there is a 50 day moving average of $70.72 and the 200 day moving average is $63.97. The company has a market capitalization of 5.48B. The current share price for the company is: $63.06 USD
The potential market cap would be $6,715,330,368 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 38.93, 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.
