NYSE:PLNT Planet Fitness (PLNT) Stock Price, News & Analysis $99.26 +0.08 (+0.08%) (As of 12/20/2024 05:16 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Planet Fitness Stock (NYSE:PLNT) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Planet Fitness alerts:Sign Up Key Stats Today's Range$98.40▼$100.9150-Day Range$78.50▼$102.0252-Week Range$54.35▼$102.90Volume2.25 million shsAverage Volume1.49 million shsMarket Capitalization$8.40 billionP/E Ratio53.37Dividend YieldN/APrice Target$94.00Consensus RatingModerate Buy Company OverviewPlanet 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… Planet Fitness Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks90th Percentile Overall ScorePLNT MarketRank™: Planet Fitness scored higher than 90% of companies evaluated by MarketBeat, and ranked 30th out of 291 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.4 / 5Analyst RatingModerate Buy Consensus RatingPlanet Fitness has received a consensus rating of Moderate Buy. The company's average rating score is 2.81, and is based on 11 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoveragePlanet Fitness has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Planet Fitness' stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth17.20% Earnings GrowthEarnings for Planet Fitness are expected to grow by 17.20% in the coming year, from $2.50 to $2.93 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Planet Fitness is 53.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Planet Fitness is 53.37, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.27.Price to Earnings Growth RatioPlanet Fitness has a PEG Ratio of 3.33. PEG Ratios above 1 indicate that a company could be overvalued. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted3.43% 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 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Planet Fitness has recently increased by 2.84%, indicating that investor sentiment is decreasing. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldPlanet Fitness does not currently pay a dividend.Dividend GrowthPlanet Fitness does not have a long track record of dividend growth. Sustainability and ESG4.4 / 5Environmental Score-1.17 Percentage of Shares Shorted3.43% 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 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Planet Fitness has recently increased by 2.84%, indicating that investor sentiment is decreasing. News and Social Media3.4 / 5News Sentiment1.12 News SentimentPlanet Fitness has a news sentiment score of 1.12. 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 0.60 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Planet Fitness this week, compared to 9 articles on an average week.Search Interest6 people have searched for PLNT on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.MarketBeat FollowsOnly 3 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. Company Ownership2.5 / 5Insider TradingSelling Shares 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 $1,101,779.00 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. 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 PLNT Stock News HeadlinesPlanet Fitness (NYSE:PLNT) Sets New 52-Week High Following Analyst UpgradeDecember 19, 2024 | americanbankingnews.comPlanet Fitness (NYSE:PLNT) Price Target Raised to $120.00 at Royal Bank of CanadaDecember 18, 2024 | americanbankingnews.comWhy I'm telling friends to avoid gold stocksBack in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."December 23, 2024 | DTI (Ad)Planet Fitness Called the 'Walmart of Gyms' by Jefferies; Shares RiseDecember 17, 2024 | investopedia.comPlanet Fitness rallies after Jefferies says it is the Walmart of gym chainsDecember 17, 2024 | msn.comTD Cowen Sticks to Their Buy Rating for Planet Fitness (PLNT)December 14, 2024 | markets.businessinsider.comPlanet Fitness: Overvalued For Tepid GrowthDecember 14, 2024 | seekingalpha.com3 Facts About Planet Fitness You Must Know Before Buying the StockDecember 13, 2024 | fool.comSee More Headlines 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 the year. Since then, PLNT shares have increased by 36.0% and is now trading at $99.26. View the best growth stocks for 2024 here. How were Planet Fitness' earnings last quarter? Planet Fitness, Inc. (NYSE:PLNT) announced its earnings results on Thursday, November, 7th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.57 by $0.07. Planet Fitness's revenue was up 5.3% compared to the same quarter last year. When did Planet Fitness IPO? Planet Fitness (PLNT) raised $202 million in an 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 Champlain Investment Partners LLC (3.98%), State Street Corp (2.96%), Franklin Resources Inc. (2.13%) and Bamco Inc. NY (1.47%). Insiders that own company stock include Craig R Benson, Jennifer Simmons, William Bode, Brian O'donnell and Christopher Rondeau. 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), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), PayPal (PYPL) and Broadcom (AVGO). Company Calendar Last Earnings11/07/2024Today12/23/2024Fiscal 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$94.00 High Stock Price Target$120.00 Low Stock Price Target$71.00 Potential Upside/Downside-5.3%Consensus RatingModerate Buy Rating Score (0-4)2.81 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)$1.86 Trailing P/E Ratio53.37 Forward P/E Ratio39.70 P/E Growth3.33Net Income$138.31 million Net Margins14.23% Pretax Margin21.09% Return on Equity-107.97% Return on Assets7.25% Debt Debt-to-Equity RatioN/A Current Ratio1.94 Quick Ratio1.93 Sales & Book Value Annual Sales$1.13 billion Price / Sales7.46 Cash Flow$3.97 per share Price / Cash Flow24.99 Book Value($1.35) per share Price / Book-73.53Miscellaneous Outstanding Shares84,594,000Free Float79,569,000Market Cap$8.40 billion OptionableOptionable Beta1.53 Social Links Unlock the Potential in Options TradingOptions trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.Get This Free Report This page (NYSE:PLNT) was last updated on 12/23/2024 by MarketBeat.com Staff From Our PartnersAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. And one team...True Market Insiders | SponsoredDid You See Trump’s Bombshell Exec. Order 001?Biden broke it... Now Trump is going to fix it. Starting with "Exec. Order 001."Banyan Hill Publishing | Sponsored$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. 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