Planet Fitness, Inc. which can be found using ticker (PLNT) now have 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $100.00 and $61.00 suggesting an average analyst share price target price of $80.50. (at the time of writing). Now with the previous closing price of $74.22 this now indicates there is a potential upside of 8.5%. Also worth taking note is the 50 day moving average now sits at $65.15 and the 200 day MA is $63.30. The total market capitalization for the company now stands at 6.52B. The stock price for the company is currently $73.92 USD
The potential market cap would be $7,069,741,274 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 42.48, revenue per share of $12.80 and a 6.33% 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.
