NYSE:PLNT Planet Fitness (PLNT) Stock Price, News & Analysis $81.07 +1.18 (+1.48%) (As of 08/23/2024 ET) Add Compare Share Share Today's Range$79.58▼$81.2350-Day Range$71.15▼$80.5152-Week Range$44.13▼$81.64Volume1.00 million shsAverage Volume1.68 million shsMarket Capitalization$6.90 billionP/E Ratio46.59Dividend YieldN/APrice Target$79.87 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Planet Fitness alerts: Email Address Planet Fitness MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.87 Rating ScoreUpside/Downside1.5% Downside$79.87 Price TargetShort InterestHealthy5.92% of Shares Sold ShortDividend StrengthN/ASustainability-1.17Upright™ Environmental ScoreNews Sentiment1.02Based on 9 Articles This WeekInsider TradingSelling Shares$497,153 Sold Last QuarterProj. Earnings Growth16.87%From $2.43 to $2.84 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.54 out of 5 starsConsumer Discretionary Sector42nd out of 261 stocksMembership Sports & Recreation Clubs Industry2nd out of 3 stocks 2.4 Analyst's Opinion Consensus RatingPlanet Fitness has received a consensus rating of Moderate Buy. The company's average rating score is 2.87, and is based on 11 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoveragePlanet Fitness has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Planet Fitness' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted5.92% of the outstanding shares of Planet Fitness have been sold short.Short Interest Ratio / Days to CoverPlanet Fitness has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Planet Fitness has recently decreased by 20.00%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldPlanet Fitness does not currently pay a dividend.Dividend GrowthPlanet Fitness does not have a long track record of dividend growth. Previous Next 4.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePlanet Fitness has received a 67.23% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Fitness club services", "Face-to-face personal training", and "Fitness applications" products. See details.Environmental SustainabilityThe Environmental Impact score for Planet Fitness is -1.17. Previous Next 2.8 News and Social Media Coverage News SentimentPlanet Fitness has a news sentiment score of 1.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Planet Fitness this week, compared to 8 articles on an average week.Search InterestOnly 5 people have searched for PLNT on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Planet Fitness to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Planet Fitness insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $497,153.00 in company stock.Percentage Held by InsidersOnly 5.94% of the stock of Planet Fitness is held by insiders.Percentage Held by Institutions95.53% of the stock of Planet Fitness is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Planet Fitness' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Planet Fitness are expected to grow by 16.87% in the coming year, from $2.43 to $2.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Planet Fitness is 46.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.10.Price to Earnings Ratio vs. SectorThe P/E ratio of Planet Fitness is 46.59, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.40.Price to Earnings Growth RatioPlanet Fitness has a PEG Ratio of 2.65. PEG Ratios above 1 indicate that a company could be overvalued.Read more about Planet Fitness' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchI’m sure this won’t be disclosed in NVDA Earnings…Nvidia's (NVDA) stock has gone up 30% in anticipation of the company's earnings this Wednesday. Investors are hoping for an update on the company's new AI super chip, Blackwell, which could produce billions in revenue.However, here's one thing Nvidia CEO Jensen Huang won't mention during his earnings call. About Planet Fitness Stock (NYSE:PLNT)Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. The company operates through three segments: Franchise, Corporate-Owned Stores, and Equipment. The company is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. It engages in the sale of fitness equipment to franchisee-owned stores in the United States, Canada, and Mexico. In addition, the company operates corporate-owned stores in the United States and Canada. Planet Fitness, Inc. was founded in 1992 and is headquartered in Hampton, New Hampshire.Read More PLNT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PLNT Stock News HeadlinesAugust 9, 2024 | insidertrades.comBrian O'donnell Sells 6,424 Shares of Planet Fitness, Inc. (NYSE:PLNT) StockAugust 21 at 6:27 PM | nz.finance.yahoo.comPlanet Fitness, Inc. (3PL.F)August 23, 2024 | Crypto 101 Media (Ad)The #1 A.I. Crypto You Don’t Own (YET!)Markets are volatile right now—stocks, cryptos, you name it. But here's a crucial fact everyone is missing: While traditional investments are floundering, the next big tech wave is charging ahead: Artificial Intelligence.August 21 at 9:00 AM | cnbc.comAs strength training gets more popular, Peloton and Planet Fitness shift focusAugust 20 at 3:30 AM | americanbankingnews.comPlanet Fitness, Inc. (NYSE:PLNT) Receives $79.87 Average PT from BrokeragesAugust 19, 2024 | seekingalpha.comPlanet Fitness: Visible Catalysts, But I Am Still Waiting For Growth To AccelerateAugust 18, 2024 | msn.comChild shot during Planet Fitness robbery; 2 suspects arrested after vehicle pursuitAugust 16, 2024 | finance.yahoo.comInsider Sale: Div. President, U.S. Franchise William Bode Sells Shares of Planet Fitness Inc (PLNT)August 23, 2024 | Crypto 101 Media (Ad)The #1 A.I. Crypto You Don’t Own (YET!)Markets are volatile right now—stocks, cryptos, you name it. But here's a crucial fact everyone is missing: While traditional investments are floundering, the next big tech wave is charging ahead: Artificial Intelligence.August 16, 2024 | msn.comFormer Pewaukee Planet Fitness employee accused of sex assaultAugust 15, 2024 | yahoo.comPlanet Fitness sex assault, ex-employee chargedAugust 15, 2024 | americanbankingnews.comPlanet Fitness Target of Unusually High Options Trading (NYSE:PLNT)August 12, 2024 | msn.comPlanet Fitness added as new long idea at HedgeyeAugust 8, 2024 | markets.businessinsider.comBuy Rating Affirmed for Planet Fitness with Increased Price Objective Amid Strategic Growth and Pricing OptimismAugust 8, 2024 | markets.businessinsider.comPlanet Fitness (PLNT) Poised for Growth: Analyst Upgrades Target Price Amid Strong Q2 Earnings and Strategic Pricing InitiativesAugust 7, 2024 | msn.comPlanet Fitness, Inc. (NYSE:PLNT) Q2 2024 Earnings Call TranscriptAugust 7, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Rivian Automotive (RIVN), Planet Fitness (PLNT) and Airbnb (ABNB)August 7, 2024 | markets.businessinsider.comPlanet Fitness (PLNT) Poised for Growth: Buy Rating Affirmed by Analyst Max RakhlenkoSee More Headlines Receive PLNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Planet Fitness and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/06/2024Today8/23/2024Next Earnings (Estimated)11/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Membership sports & recreation clubs Sub-IndustryEntertainment Current SymbolNYSE:PLNT CUSIPN/A CIK1637207 Webwww.planetfitness.com Phone(603) 750-0001FaxN/AEmployees3,411Year FoundedN/APrice Target and Rating Average Stock Price Target$79.87 High Stock Price Target$100.00 Low Stock Price Target$45.00 Potential Upside/Downside-1.5%Consensus RatingModerate Buy Rating Score (0-4)2.87 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$1.74 Trailing P/E Ratio46.59 Forward P/E Ratio33.36 P/E Growth2.65Net Income$138.31 million Net Margins14.16% Pretax Margin20.95% Return on Equity-121.99% Return on Assets7.22% Debt Debt-to-Equity RatioN/A Current Ratio1.81 Quick Ratio1.80 Sales & Book Value Annual Sales$1.07 billion Price / Sales6.45 Cash Flow$4.10 per share Price / Cash Flow19.75 Book Value($1.35) per share Price / Book-60.05Miscellaneous Outstanding Shares85,170,000Free Float82,941,000Market Cap$6.90 billion OptionableOptionable Beta1.49 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesGovernor Craig R. Benson (Age 68)Interim CEO & Director Comp: $244.7kMr. Thomas J. Fitzgerald (Age 63)Chief Financial Officer Comp: $960.57kMr. William BodeDivision President of U.S. FranchiseMs. Jennifer Simmons (Age 54)Division President of Corporate Clubs Comp: $958kMr. Brian M. O'Donnell (Age 45)VP & Chief Accounting Officer Mr. Paul BarberChief Information OfficerMs. Stacey CaravellaVice President of Investor RelationsMr. Justin VartanianGeneral Counsel & SecretaryMr. McCall GosselinSenior Vice President of Communications and Corporate Social ResponsibilityMr. Ray MiollaChief Development OfficerMore ExecutivesKey CompetitorsTKO GroupNYSE:TKOEndeavor GroupNYSE:EDRLife Time GroupNYSE:LTHiQIYINASDAQ:IQManchester UnitedNYSE:MANUView All CompetitorsInsiders & InstitutionsCetera Investment AdvisersSold 3,523 shares on 8/22/2024Ownership: 0.063%Greenvale Capital LLPSold 235,307 shares on 8/21/2024Ownership: 2.608%Granite Bay Wealth Management LLCBought 18,900 shares on 8/21/2024Ownership: 0.021%Truist Financial CorpSold 2,024 shares on 8/21/2024Ownership: 0.017%Point72 Asset Management L.P.Bought 829,509 shares on 8/19/2024Ownership: 1.495%View All Insider TransactionsView All Institutional Transactions PLNT Stock Analysis - Frequently Asked Questions How have PLNT shares performed this year? Planet Fitness' stock was trading at $73.00 at the beginning of 2024. Since then, PLNT stock has increased by 11.1% and is now trading at $81.07. View the best growth stocks for 2024 here. How were Planet Fitness' earnings last quarter? Planet Fitness, Inc. (NYSE:PLNT) announced its quarterly earnings data on Tuesday, August, 6th. The company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.05. The firm's revenue was up 5.1% on a year-over-year basis. What is Chris Rondeau's approval rating as Planet Fitness' CEO? 615 employees have rated Planet Fitness Chief Executive Officer Chris Rondeau on Glassdoor.com. Chris Rondeau has an approval rating of 68% among the company's employees. When did Planet Fitness IPO? Planet Fitness (PLNT) raised $202 million in an initial public offering (IPO) on Thursday, August 6th 2015. The company issued 13,500,000 shares at $14.00-$16.00 per share. J.P. Morgan Securities Merrill Lynch, Jefferies and Credit Suisse Securities acted as the underwriters for the IPO and Guggenheim Securities, Baird, William Blair, Piper Jaffray and Cowen and Company were co-managers. Who are Planet Fitness' major shareholders? Planet Fitness' top institutional shareholders include Dorsal Capital Management LP (3.30%), Greenvale Capital LLP (2.61%), William Blair Investment Management LLC (2.57%) and Bank of New York Mellon Corp (2.34%). Insiders that own company stock include Craig R Benson, William Bode, Brian O'donnell, Jennifer Simmons, Christopher Rondeau, Dorvin D Lively and Jeremy Tucker. View institutional ownership trends. How do I buy shares of Planet Fitness? Shares of PLNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Planet Fitness own? Based on aggregate information from My MarketBeat watchlists, some other companies that Planet Fitness investors own include NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS), Micron Technology (MU), PayPal (PYPL), Advanced Micro Devices (AMD) and Tesla (TSLA). This page (NYSE:PLNT) was last updated on 8/23/2024 by MarketBeat.com Staff From Our PartnersWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... And it could hand you a payment fo...Angel Publishing | SponsoredI’m sure this won’t be disclosed in NVDA Earnings…Nvidia's (NVDA) stock has gone up 30% in anticipation of the company's earnings this Wednesday. 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