NYSE:PLNT Planet Fitness (PLNT) Stock Price, News & Analysis → Elon’s New Device is About to Shock the World (From InvestorPlace) (Ad) Free PLNT Stock Alerts $65.30 +3.45 (+5.58%) (As of 05/9/2024 ET) Add Compare Share Share Today's Range$59.16▼$68.0750-Day Range$56.48▼$66.9252-Week Range$44.13▼$75.86Volume5.13 million shsAverage Volume1.72 million shsMarket Capitalization$5.76 billionP/E Ratio40.31Dividend YieldN/APrice Target$70.21 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Planet Fitness alerts: Email Address Planet Fitness MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside7.5% Upside$70.21 Price TargetShort InterestBearish7.16% of Shares Sold ShortDividend StrengthN/ASustainability-1.17Upright™ Environmental ScoreNews Sentiment0.66Based on 34 Articles This WeekInsider TradingN/AProj. Earnings Growth14.52%From $2.48 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.3.19 out of 5 starsConsumer Discretionary Sector134th out of 265 stocksMembership Sports & Recreation Clubs Industry3rd out of 3 stocks 1.4 Analyst's Opinion Consensus RatingPlanet Fitness has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 8 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoveragePlanet Fitness has only been the subject of 4 research reports in the past 90 days.Read more about Planet Fitness' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.16% 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 3.6, 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 14.31%, indicating that investor sentiment is decreasing 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 2.6 News and Social Media Coverage News SentimentPlanet Fitness has a news sentiment score of 0.66. 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 0.44 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 34 news articles for Planet Fitness this week, compared to 8 articles on an average week.Search InterestOnly 2 people have searched for PLNT on MarketBeat in the last 30 days. This is a decrease of -91% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Planet Fitness to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Planet Fitness insiders have not sold or bought any 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Planet Fitness are expected to grow by 14.52% in the coming year, from $2.48 to $2.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Planet Fitness is 40.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Planet Fitness is 40.31, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 19.28.Price to Earnings Growth RatioPlanet Fitness has a PEG Ratio of 1.93. 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 Crypto 101 MediaThe Crypto 9-5 Escape PlanA brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.Click here to get instant access to the guide 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 HeadlinesMay 10, 2024 | finance.yahoo.comQ1 2024 Planet Fitness Inc Earnings CallMay 9, 2024 | msn.comPlanet Fitness raises membership fee for first time since 1998May 10, 2024 | Behind the Markets (Ad)The Weight Loss Pill That Could Disrupt a $32 Billion IndustryA revolutionary new weight loss pill is about to send shockwaves through the plus-size clothing market. Analysts are calling it the "King Kong" of diet drugs after amazing clinical trial results.May 9, 2024 | bizjournals.comAt least 4 new Planet Fitness locations set to open across St. Louis regionMay 9, 2024 | msn.comPlanet Fitness Feels The Burn: Lowers Outlook Amid Tough Q1, Eyes RecoveryMay 9, 2024 | fool.comPlanet Fitness (PLNT) Q1 2024 Earnings Call TranscriptMay 9, 2024 | cnn.comPlanet Fitness will raise its $10 membership plan for the first time in 26 yearsMay 9, 2024 | finance.yahoo.comRight-Wing Media Backlash Dents Planet Fitness RevenueMay 10, 2024 | Behind the Markets (Ad)The Weight Loss Pill That Could Disrupt a $32 Billion IndustryA revolutionary new weight loss pill is about to send shockwaves through the plus-size clothing market. Analysts are calling it the "King Kong" of diet drugs after amazing clinical trial results.May 9, 2024 | finance.yahoo.comPlanet Fitness Cites Flu, Ads, and an Incident in Alaska for Soft Q1May 9, 2024 | cnbc.comPlanet Fitness is raising prices even as it warns customers are growing cost-consciousMay 9, 2024 | investorplace.comPLNT Stock Earnings: Planet Fitness Beats EPS, Misses Revenue for Q1 2024May 9, 2024 | msn.comArm, Airbnb and Planet Fitness fall premarket; Robinhood and Bumble riseMay 9, 2024 | markets.businessinsider.comPlanet Fitness Inc. Q1 Profit Increases, Beats EstimatesMay 9, 2024 | washingtonpost.comPlanet Fitness: Q1 Earnings SnapshotMay 9, 2024 | msn.comPlanet Fitness’ stock slides 9% afterMay 9, 2024 | finance.yahoo.comPlanet Fitness's (NYSE:PLNT) Q1 Earnings Results: Revenue In Line With Expectations But Stock DropsMay 9, 2024 | americanbankingnews.comPlanet Fitness (NYSE:PLNT) Upgraded to Hold at StockNews.comMay 9, 2024 | prnewswire.comPlanet Fitness, Inc. Announces First Quarter 2024 ResultsMay 9, 2024 | americanbankingnews.comPlanet Fitness, Inc. (NYSE:PLNT) Receives Average Rating of "Moderate Buy" from AnalystsMay 8, 2024 | finance.yahoo.comPlanet Fitness (PLNT) Q1 Earnings Report Preview: What To Look ForMay 8, 2024 | finance.yahoo.comWarner Bros. Discover earnings, Fed Speak: What to watchMay 8, 2024 | markets.businessinsider.comAnalysts Offer Insights on Consumer Cyclical Companies: Zalando (GB:0QXN), ABOUT YOU Holding SE (DE:YOU) and Planet Fitness (PLNT)May 8, 2024 | markets.businessinsider.comBuy Rating Affirmed for Planet Fitness Amid Favorable Valuation and Positive Growth ProspectsMay 7, 2024 | msn.comBottom Line: Planet Fitness lobbies up amid culture war controversyMay 3, 2024 | americanbankingnews.comPlanet Fitness, Inc. to Post Q1 2024 Earnings of $0.47 Per Share, William Blair Forecasts (NYSE:PLNT)May 2, 2024 | americanbankingnews.comPlanet Fitness (PLNT) Set to Announce Quarterly Earnings on ThursdaySee 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 Earnings2/22/2024Today5/09/2024Next Earnings (Confirmed)5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Membership sports & recreation clubs Sub-IndustryN/A Current SymbolNYSE:PLNT CUSIPN/A CIK1637207 Webwww.planetfitness.com Phone(603) 750-0001FaxN/AEmployees2,795Year FoundedN/APrice Target and Rating Average Stock Price Target$70.21 High Stock Price Target$89.00 Low Stock Price Target$45.00 Potential Upside/Downside+7.5%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$1.62 Trailing P/E Ratio40.31 Forward P/E Ratio26.33 P/E Growth1.93Net Income$138.31 million Net Margins12.91% Pretax Margin19.37% Return on Equity-120.89% Return on Assets6.82% Debt Debt-to-Equity RatioN/A Current Ratio1.88 Quick Ratio1.86 Sales & Book Value Annual Sales$1.07 billion Price / Sales5.37 Cash Flow$4.40 per share Price / Cash Flow14.83 Book Value($1.35) per share Price / Book-48.37Miscellaneous Outstanding Shares88,169,000Free Float87,437,000Market Cap$5.76 billion OptionableOptionable Beta1.37 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.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 CompetitorsOneSpaWorldNASDAQ:OSWNexstar Media GroupNASDAQ:NXSTGildan ActivewearNYSE:GILBrunswickNYSE:BCRed Rock ResortsNASDAQ:RRRView All CompetitorsInsiders & InstitutionsBlair William & Co. ILSold 21,133 shares on 5/9/2024Ownership: 0.271%State Board of Administration of Florida Retirement SystemBought 3,860 shares on 5/9/2024Ownership: 0.105%Mitsubishi UFJ Asset Management Co. Ltd.Sold 28,500 shares on 5/9/2024Ownership: 0.077%Picton Mahoney Asset ManagementBought 28,520 shares on 5/9/2024Ownership: 0.032%ProShare Advisors LLCSold 325 shares on 5/8/2024Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions PLNT Stock Analysis - Frequently Asked Questions Should I buy or sell Planet Fitness stock right now? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Planet Fitness in the last year. There are currently 5 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PLNT shares. View PLNT analyst ratings or view top-rated stocks. What is Planet Fitness' stock price target for 2024? 14 Wall Street research analysts have issued 1 year target prices for Planet Fitness' stock. Their PLNT share price targets range from $45.00 to $89.00. On average, they anticipate the company's stock price to reach $70.21 in the next year. This suggests a possible upside of 7.5% from the stock's current price. View analysts price targets for PLNT or view top-rated stocks among Wall Street analysts. How have PLNT shares performed in 2024? Planet Fitness' stock was trading at $73.00 at the beginning of 2024. Since then, PLNT stock has decreased by 10.5% and is now trading at $65.30. View the best growth stocks for 2024 here. When is Planet Fitness' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our PLNT earnings forecast. How were Planet Fitness' earnings last quarter? Planet Fitness, Inc. (NYSE:PLNT) issued its earnings results on Thursday, February, 22nd. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.02. The business had revenue of $285.10 million for the quarter, compared to the consensus estimate of $282.35 million. Planet Fitness had a negative trailing twelve-month return on equity of 120.89% and a net margin of 12.91%. Planet Fitness's quarterly revenue was up 1.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.53 earnings per share. What ETFs hold Planet Fitness' stock? ETFs with the largest weight of Planet Fitness (NYSE:PLNT) stock in their portfolio include Global X Health & Wellness ETF (BFIT), BlackRock Future Innovators ETF (BFTR), Global X Guru Index ETF (GURU) and Global X Millennial Consumer ETF (MILN).Leatherback Long/Short Alternative Yield ETF (LBAY) and What guidance has Planet Fitness issued on next quarter's earnings? Planet Fitness issued an update on its FY24 earnings guidance on Thursday, May, 9th. The company provided EPS guidance of $2.40-$2.44 for the period, compared to the consensus EPS estimate of $2.49. The company issued revenue guidance of $1.14-$1.16, compared to the consensus revenue estimate of $1.14 billion. 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. What other stocks do shareholders of Planet Fitness own? Based on aggregate information from My MarketBeat watchlists, some companies that other Planet Fitness investors own include NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS), Micron Technology (MU), PayPal (PYPL), Advanced Micro Devices (AMD), Tesla (TSLA), Salesforce (CRM), JPMorgan Chase & Co. (JPM) and Netflix (NFLX). When did Planet Fitness IPO? Planet Fitness (PLNT) raised $202 million in an initial public offering 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' stock is owned by many different institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (2.94%), Peregrine Capital Management LLC (0.61%), Sequoia Financial Advisors LLC (0.47%), Principal Financial Group Inc. (0.37%), WCM Investment Management LLC (0.27%) and Blair William & Co. IL (0.27%). Insiders that own company stock include Brian O'donnell, Christopher Rondeau, Craig R Benson, Dorvin D Lively, Jennifer Simmons, Jeremy Tucker, Thomas J Fitzgerald III and William Bode. 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. This page (NYSE:PLNT) was last updated on 5/10/2024 by MarketBeat.com Staff From Our PartnersThe Crypto 9-5 Escape PlanCrypto 101 MediaGold Set to EXPLODE!Gold Safe ExchangeHe Is Giving Away BitcoinCrypto Swap ProfitsForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingCharles Payne Demystifies OptionsUnstoppable ProsperityShocking: One AI startup's revenue could surge 4,735%Manward PressThe 2024 Gold Rush: Unleashing Market PotentialPriority Gold[URGENT] DO NOT Touch These AI Stocks!Weiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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