NYSE:PLNT Planet Fitness (PLNT) Stock Price, News & Analysis → Do This Today BEFORE Biden Wins in November (From Stansberry Research) (Ad) Free PLNT Stock Alerts $64.95 -0.37 (-0.57%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$63.51▼$65.5350-Day Range$56.48▼$66.9252-Week Range$44.13▼$75.86Volume2.39 million shsAverage Volume1.78 million shsMarket Capitalization$5.73 billionP/E Ratio40.09Dividend YieldN/APrice Target$70.93 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Planet Fitness alerts: Email Address Planet Fitness MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.64 Rating ScoreUpside/Downside10.0% Upside$71.43 Price TargetShort InterestBearish8.57% of Shares Sold ShortDividend StrengthN/ASustainability-1.17Upright™ Environmental ScoreNews Sentiment0.59Based on 54 Articles This WeekInsider TradingN/AProj. Earnings Growth13.65%From $2.49 to $2.83 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.64 out of 5 starsConsumer Discretionary Sector105th out of 271 stocksMembership Sports & Recreation Clubs Industry3rd out of 3 stocks 2.3 Analyst's Opinion Consensus RatingPlanet Fitness has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 6 hold ratings, and no sell ratings.Amount of Analyst CoveragePlanet Fitness has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Planet Fitness' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.57% of the outstanding shares of Planet Fitness have been sold short.Short Interest Ratio / Days to CoverPlanet Fitness has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in Planet Fitness has recently increased by 19.81%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldPlanet Fitness does not currently pay a dividend.Dividend GrowthPlanet Fitness does not have a long track record of dividend growth. Previous Next 4.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePlanet Fitness has received a 67.23% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Fitness club services", "Face-to-face personal training", and "Fitness applications" products. See details.Environmental SustainabilityThe Environmental Impact score for Planet Fitness is -1.17. Previous Next 2.6 News and Social Media Coverage News SentimentPlanet Fitness has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 54 news articles for Planet Fitness this week, compared to 8 articles on an average week.Search InterestOnly 3 people have searched for PLNT on MarketBeat in the last 30 days. This is a decrease of -87% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Planet Fitness to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Planet Fitness insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.83% of the stock of Planet Fitness is held by insiders.Percentage Held by Institutions95.53% of the stock of Planet Fitness is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Planet Fitness' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Planet Fitness are expected to grow by 13.65% in the coming year, from $2.49 to $2.83 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Planet Fitness is 40.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.47.Price to Earnings Ratio vs. SectorThe P/E ratio of Planet Fitness is 40.09, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.10.Price to Earnings Growth RatioPlanet Fitness has a PEG Ratio of 1.97. PEG Ratios above 1 indicate that a company could be overvalued.Read more about Planet Fitness' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsThe ONE AI Stock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …Click here to see the presentation now. About Planet Fitness Stock (NYSE:PLNT)Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. The company operates through three segments: Franchise, Corporate-Owned Stores, and Equipment. The company is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. It engages in the sale of fitness equipment to franchisee-owned stores in the United States, Canada, and Mexico. In addition, the company operates corporate-owned stores in the United States and Canada. Planet Fitness, Inc. was founded in 1992 and is headquartered in Hampton, New Hampshire.Read More PLNT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PLNT Stock News HeadlinesMay 10, 2024 | msn.comStifel Downgrades Planet Fitness (PLNT)May 10, 2024 | msn.comPlanet Fitness (NYSEQ:PLNT) Slips on New Fee HikesMay 10, 2024 | Crypto 101 Media (Ad)Elon Musk Secret Crypto Plot ExposedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.May 10, 2024 | msn.comPlanet Fitness makes a risky move that can discourage membershipMay 10, 2024 | finance.yahoo.comPlanet Fitness, Inc. (NYSE:PLNT) Q1 2024 Earnings Call TranscriptMay 10, 2024 | markets.businessinsider.comAnalysts Offer Insights on Consumer Cyclical Companies: Planet Fitness (PLNT), Yeti Holdings (YETI) and Rivian Automotive (RIVN)May 10, 2024 | msn.comPlanet Fitness raising new member fees as memberships slow and cancels remain 'elevated'May 10, 2024 | finance.yahoo.comPlanet Fitness raises prices for ‘classic’ membership for the first time in 26 yearsMay 10, 2024 | Crypto 101 Media (Ad)Elon Musk Secret Crypto Plot ExposedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.May 10, 2024 | finance.yahoo.comPlanet Fitness Inc (PLNT) Q1 2024 Earnings: Aligns with EPS Projections Amidst Market ChallengesMay 10, 2024 | investorplace.comPlanet Fitness Price Increase: Goodbye $10 Membership PlansMay 10, 2024 | 247wallst.comGood News as Planet Fitness Raises PricesMay 10, 2024 | finance.yahoo.comQ1 2024 Planet Fitness Inc Earnings CallMay 9, 2024 | msn.comPlanet Fitness raises membership fee for first time since 1998May 9, 2024 | bizjournals.comAt least 4 new Planet Fitness locations set to open across St. Louis regionMay 9, 2024 | msn.comPlanet Fitness Feels The Burn: Lowers Outlook Amid Tough Q1, Eyes RecoveryMay 9, 2024 | fool.comPlanet Fitness (PLNT) Q1 2024 Earnings Call TranscriptMay 9, 2024 | cnn.comPlanet Fitness will raise its $10 membership plan for the first time in 26 yearsMay 9, 2024 | finance.yahoo.comRight-Wing Media Backlash Dents Planet Fitness RevenueMay 9, 2024 | finance.yahoo.comPlanet Fitness Cites Flu, Ads, and an Incident in Alaska for Soft Q1May 9, 2024 | cnbc.comPlanet Fitness is raising prices even as it warns customers are growing cost-consciousMay 9, 2024 | seekingalpha.comPlanet Fitness: Growth Continues, But We Cannot Get Behind The StockMay 9, 2024 | investorplace.comPLNT Stock Earnings: Planet Fitness Beats EPS, Misses Revenue for Q1 2024May 9, 2024 | msn.comArm, Airbnb and Planet Fitness fall premarket; Robinhood and Bumble riseMay 9, 2024 | markets.businessinsider.comPlanet Fitness Inc. Q1 Profit Increases, Beats EstimatesMay 9, 2024 | washingtonpost.comPlanet Fitness: Q1 Earnings SnapshotMay 9, 2024 | msn.comPlanet Fitness’ stock slides 9% afterSee More Headlines Receive PLNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Planet Fitness and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/09/2024Today5/10/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Membership sports & recreation clubs Sub-IndustryN/A Current SymbolNYSE:PLNT CUSIPN/A CIK1637207 Webwww.planetfitness.com Phone(603) 750-0001FaxN/AEmployees2,795Year FoundedN/APrice Target and Rating Average Stock Price Target$71.43 High Stock Price Target$89.00 Low Stock Price Target$45.00 Potential Upside/Downside+9.2%Consensus RatingModerate Buy Rating Score (0-4)2.64 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$1.62 Trailing P/E Ratio40.09 Forward P/E Ratio26.08 P/E Growth1.97Net Income$138.31 million Net Margins12.91% Pretax Margin19.37% Return on Equity-120.89% Return on Assets6.82% Debt Debt-to-Equity RatioN/A Current Ratio1.88 Quick Ratio1.86 Sales & Book Value Annual Sales$1.07 billion Price / Sales5.35 Cash Flow$4.30 per share Price / Cash Flow15.10 Book Value($1.35) per share Price / Book-48.11Miscellaneous Outstanding Shares88,170,000Free Float87,437,000Market Cap$5.73 billion OptionableOptionable Beta1.37 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesGovernor Craig R. Benson (Age 68)Interim CEO & Director Comp: $244.7kMr. Thomas J. Fitzgerald (Age 63)Chief Financial Officer Comp: $960.57kMr. William BodeDivision President of U.S. FranchiseMs. Jennifer Simmons (Age 54)Division President of Corporate Clubs Comp: $958kMr. Brian M. O'Donnell (Age 45)VP & Chief Accounting Officer Mr. Paul BarberChief Information OfficerMs. Stacey CaravellaVice President of Investor RelationsMr. Justin VartanianGeneral Counsel & SecretaryMr. McCall GosselinSenior Vice President of Communications and Corporate Social ResponsibilityMr. Ray MiollaChief Development OfficerMore ExecutivesKey CompetitorsOneSpaWorldNASDAQ:OSWNexstar Media GroupNASDAQ:NXSTGildan ActivewearNYSE:GILBrunswickNYSE:BCRed Rock ResortsNASDAQ:RRRView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 97,823 shares on 5/10/2024Ownership: 9.272%Blair William & Co. ILSold 21,133 shares on 5/9/2024Ownership: 0.271%State Board of Administration of Florida Retirement SystemBought 3,860 shares on 5/9/2024Ownership: 0.105%Mitsubishi UFJ Asset Management Co. Ltd.Sold 28,500 shares on 5/9/2024Ownership: 0.077%Picton Mahoney Asset ManagementBought 28,520 shares on 5/9/2024Ownership: 0.032%View All Insider TransactionsView All Institutional Transactions PLNT Stock Analysis - Frequently Asked Questions Should I buy or sell Planet Fitness stock right now? 14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Planet Fitness in the last twelve months. There are currently 6 hold ratings, 7 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. What is Planet Fitness' stock price target for 2024? 14 Wall Street research analysts have issued 12 month price targets for Planet Fitness' shares. Their PLNT share price targets range from $45.00 to $89.00. On average, they anticipate the company's stock price to reach $71.43 in the next twelve months. This suggests a possible upside of 10.0% from the stock's current price. View analysts price targets for PLNT or view top-rated stocks among Wall Street analysts. How have PLNT shares performed in 2024? Planet Fitness' stock was trading at $73.00 at the start of the year. Since then, PLNT shares have decreased by 11.0% and is now trading at $64.95. View the best growth stocks for 2024 here. Are investors shorting Planet Fitness? Planet Fitness saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 7,560,000 shares, an increase of 19.8% from the April 15th total of 6,310,000 shares. Based on an average daily trading volume, of 1,790,000 shares, the days-to-cover ratio is presently 4.2 days. View Planet Fitness' Short Interest. When is Planet Fitness' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our PLNT earnings forecast. How were Planet Fitness' earnings last quarter? Planet Fitness, Inc. (NYSE:PLNT) announced its earnings results on Thursday, May, 9th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.04. The firm had revenue of $248 million for the quarter, compared to analyst estimates of $249.48 million. Planet Fitness had a negative trailing twelve-month return on equity of 120.89% and a net margin of 12.91%. Planet Fitness's revenue was up 11.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.41 earnings per share. What ETFs hold Planet Fitness' stock? 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), Global X Guru Index ETF (GURU) and Global X Millennial Consumer ETF (MILN).Leatherback Long/Short Alternative Yield ETF (LBAY) and What guidance has Planet Fitness issued on next quarter's earnings? Planet Fitness updated its FY24 earnings guidance on Thursday, May, 9th. The company provided earnings per share (EPS) guidance of $2.40-$2.44 for the period, compared to the consensus EPS estimate of $2.49. The company issued revenue guidance of $1.14-$1.16, compared to the consensus revenue estimate of $1.14 billion. What is Chris Rondeau's approval rating as Planet Fitness' CEO? 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. What other stocks do shareholders of Planet Fitness own? 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). When did Planet Fitness IPO? Planet Fitness (PLNT) raised $202 million in an initial public offering 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 served as the underwriters for the IPO and Guggenheim Securities, Baird, William Blair, Piper Jaffray and Cowen and Company were co-managers. Who are Planet Fitness' major shareholders? Planet Fitness' stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.27%), Bank of New York Mellon Corp (2.94%), Peregrine Capital Management LLC (0.61%), Sequoia Financial Advisors LLC (0.47%), Principal Financial Group Inc. (0.37%) and WCM Investment Management LLC (0.27%). 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. How do I buy shares of Planet Fitness? 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. This page (NYSE:PLNT) was last updated on 5/10/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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