# Planet Fitness, Inc.  Share Price Target ‘$75.69’, now 19.2% Upside Potential

- Link: https://www.directorstalkinterviews.com/planet-fitness-inc.share-price-target-75.69-now-19.2-upside-potential/4121145252
- Published: 2024-02-29T12:33:35+00:00
- Author: Charlotte Edwards

**Planet Fitness, Inc.** with ticker code (PLNT) have now 16 analysts in total covering
the stock. The consensus rating is pointing to ‘buy’. The target price High/Low 
ranges between $100.00 and $57.00 with the average share target price sitting at
$75.69. (at the time of writing). Now with the previous closing price of $63.50 
this would imply there is now a potential upside of 19.2%. Also worth taking note
is the 50 day moving average now sits at $70.18 and the 200 day moving average is
$63.83. The market capitalization for the company is 5.53B. The stock price for 
the company is currently $62.76 USD

 The potential market cap would be $6,594,843,391 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 38.74, revenue per share of $11.80
and a 5.86% 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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