# Planet Fitness, Inc.  Share Price Target ‘$80.50’, now 8.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/planet-fitness-inc.share-price-target-80.50-now-8.9-upside-potential/4121163922
- Published: 2024-07-05T15:14:01+01:00
- Author: Charlotte Edwards

**Planet Fitness, Inc.** which can be found using ticker (PLNT) have now 16 analysts
in total covering the stock. The consensus rating is pointing to ‘buy’. The range
between the high target price and low target price is between $100.00 and $61.00
calculating the mean target share price we have $80.50. (at the time of writing).
Given that the stocks previous close was at $73.94 this would indicate that there
is a potential upside of 8.9%. The 50 day moving average now sits at $66.29 while
the 200 day moving average is $63.62. The company has a market capitalization of
6.47B. The stock price for the company is currently $73.40 USD

 The potential market cap would be $7,046,592,048 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 42.18, 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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