# Planet Fitness, Inc. – Consensus ‘buy’ rating and 7.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/planet-fitness-inc.consensus-buy-rating-and-7.5-upside-potential/4121166173
- Published: 2024-07-26T13:17:32+01:00
- Author: Charlotte Edwards

**Planet Fitness, Inc.** which can be found using ticker (PLNT) now have 16 market
analysts covering the stock. The analyst consensus now points to a rating of ‘buy’.
The target price High/Low ranges between $100.00 and $61.00 with the average target
price sitting at $81.06. Now with the previous closing price of $75.40 this would
imply there is now a potential upside of 7.5%. It’s also worth noting that there
is a 50 day moving average of $70.44 and the 200 day MA is $65.74. The market capitalization
for the company is 6.59B. The current share price for the company is: $74.70 USD

 The potential market cap would be $7,081,454,442 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 42.93, revenue per share of $12.80
and a 6.33% 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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