# Planet Fitness, Inc. – Consensus ‘buy’ rating and 20.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/planet-fitness-inc.consensus-buy-rating-and-20.6-upside-potential/4121130271
- Published: 2023-10-20T13:27:14+01:00
- Author: Charlotte Edwards

**Planet Fitness, Inc.** which can be found using ticker (PLNT) have now 16 market
analysts covering the stock. The analyst consensus now points to a rating of ‘buy’.
The target price High/Low ranges between 100 and 45 calculating the mean target 
price we have $65.81. Given that the stocks previous close was at $54.57 this would
imply there is now a potential upside of 20.6%. The 50 day MA is $54.48 and the 
200 day moving average is $69.17. The market capitalization for the company is 4.77B.
The stock price for the company is currently 54.1 USD

 The potential market cap would be $5,750,645,199 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 36.8, 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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