Planet Fitness, Inc. with ticker code (PLNT) have now 17 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between 100 and 51 with the average target price sitting at $69.41. Given that the stocks previous close was at $50.29 and the analysts are correct then we can expect a percentage increase in value of 38.0%. It’s also worth noting that there is a 50 day moving average of $62.58 while the 200 day moving average is $72.45. The market capitalization for the company is 4.27B. The current share price for the company is: 48.5 USD
The potential market cap would be $5,900,156,845 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 40.76, 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.
