# Planet Fitness, Inc. – Consensus ‘buy’ rating and 29.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/planet-fitness-inc.consensus-buy-rating-and-29.4-upside-potential-2/4121129783
- Published: 2023-10-13T14:56:52+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 range between the high target price and low target price is between 100 and 
45 with the average target price sitting at $66.19. Now with the previous closing
price of $51.15 and the analysts are correct then there would likely be a percentage
uptick in value of 29.4%. There is a 50 day moving average of $55.28 and the 200
moving average now moves to $69.79. The market cap for the company is 4.48B. The
stock price for the company is currently 50.86 USD

 The potential market cap would be $5,801,021,853 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 33.68, 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.

Share on: