# Planet Fitness, Inc. – Consensus ‘buy’ rating and 38.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/planet-fitness-inc.consensus-buy-rating-and-38.0-upside-potential/4121127661
- Published: 2023-09-19T13:35:05+01:00
- Author: Charlotte Edwards

**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.

Share on: