Planet Fitness, Inc. with ticker code (PLNT) now have 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $100.00 and $57.00 and has a mean share price target at $78.94. (at the time of writing). Given that the stocks previous close was at $67.76 and the analysts are correct then we can expect a percentage increase in value of 16.5%. The 50 day MA is $70.53 and the 200 day MA is $64.74. The company has a market cap of 6.11B. The stock price for the company is currently $69.31 USD
The potential market cap would be $7,117,485,990 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 43.05, 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.
