# Planet Fitness, Inc. – Consensus ‘buy’ rating and 19.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/planet-fitness-inc.consensus-buy-rating-and-19.5-upside-potential/4121130962
- Published: 2023-10-26T15:15:42+01:00
- Author: Charlotte Edwards

**Planet Fitness, Inc.** with ticker code (PLNT) now have 16 analysts in total covering
the stock. The consensus rating is pointing to ‘buy’. The range between the high
target price and low target price is between 100 and 45 with the average target 
price sitting at $65.81. Given that the stocks previous close was at $55.08 this
is indicating there is a potential upside of 19.5%. There is a 50 day moving average
of $53.90 while the 200 day moving average is $68.66. The market capitalization 
for the company is 4.80B. The current share price for the company is: 54.47 USD

 The potential market cap would be $5,736,364,580 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 37.05, revenue per share of 11.53
and a 5.75% 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.

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