Planet Fitness (PLNT) Stock Price, News & Analysis

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Planet Fitness in the last year. There are currently 5 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PLNT shares.
View PLNT analyst ratings or view top-rated stocks.

14 Wall Street research analysts have issued twelve-month price targets for Planet Fitness' stock. Their PLNT share price targets range from $45.00 to $89.00. On average, they predict the company's stock price to reach $71.00 in the next twelve months. This suggests a possible upside of 21.0% from the stock's current price.
View analysts price targets for PLNT or view top-rated stocks among Wall Street analysts.

Planet Fitness' stock was trading at $73.00 at the beginning of the year. Since then, PLNT stock has decreased by 19.6% and is now trading at $58.68.
View the best growth stocks for 2024 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our PLNT earnings forecast.

Planet Fitness, Inc. (NYSE:PLNT) issued its quarterly earnings data on Thursday, February, 22nd. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.58 by $0.02. The business earned $285.10 million during the quarter, compared to analysts' expectations of $282.35 million. Planet Fitness had a net margin of 12.91% and a negative trailing twelve-month return on equity of 120.89%. Planet Fitness's quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.53 EPS.

ETFs with the largest weight of Planet Fitness (NYSE:PLNT) stock in their portfolio include Global X Health & Wellness ETF (BFIT), BlackRock Future Innovators ETF (BFTR) and Global X Millennial Consumer ETF (MILN).Leatherback Long/Short Alternative Yield ETF (LBAY) and

Planet Fitness updated its FY24 earnings guidance on Thursday, February, 22nd. The company provided earnings per share (EPS) guidance of $2.46-2.49 for the period, compared to the consensus estimate of $2.50. The company issued revenue guidance of ~$1.136-1.146 billion, compared to the consensus revenue estimate of $1.16 billion.

615 employees have rated Planet Fitness Chief Executive Officer Chris Rondeau on Glassdoor.com. Chris Rondeau has an approval rating of 68% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Planet Fitness investors own include NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS), Micron Technology (MU), PayPal (PYPL), Advanced Micro Devices (AMD), Tesla (TSLA), Salesforce (CRM), JPMorgan Chase & Co. (JPM) and Netflix (NFLX).

Planet Fitness (PLNT) raised $202 million in an IPO on Thursday, August 6th 2015. The company issued 13,500,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan Securities Merrill Lynch, Jefferies and Credit Suisse Securities acted as the underwriters for the IPO and Guggenheim Securities, Baird, William Blair, Piper Jaffray and Cowen and Company were co-managers.

Planet Fitness' stock is owned by a number of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.25%), State of Michigan Retirement System (0.02%), Diversified Trust Co (0.02%), Park Avenue Securities LLC (0.01%) and Handelsinvest Investeringsforvaltning (0.00%). Insiders that own company stock include Brian O'donnell, Christopher Rondeau, Craig R Benson, Dorvin D Lively, Jennifer Simmons, Jeremy Tucker, Thomas J Fitzgerald III and William Bode.
View institutional ownership trends.

Shares of PLNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.