# Planet Fitness, Inc.  Share Price Target ‘$78.88’, now 8.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/planet-fitness-inc.share-price-target-78.88-now-8.8-upside-potential/4121160375
- Published: 2024-06-14T12:19:23+01:00
- 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 $61.00 and has a mean share price target at $78.88. (
at the time of writing). Now with the previous closing price of $72.50 and the analysts
are correct then we can expect a percentage increase in value of 8.8%. There is 
a 50 day moving average of $63.32 and the 200 day MA is $62.73. The company has 
a market cap of 6.29B. The stock price for the company is currently $71.35 USD

 The potential market cap would be $6,845,252,862 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 41.01, 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.

Share on:
