Stock Ideas
New
Stocks
Funds
Screener
Sectors
Watchlists
PLNT

PLNT - Planet Fitness Inc Stock Price, Fair Value and News

72.48USD+1.08 (+1.51%)Market Closed

Market Summary

PLNT
USD72.48+1.08
Market Closed
1.51%

PLNT Alerts

  • Big jump in Earnings (Y/Y)

PLNT Stock Price

View Fullscreen

PLNT RSI Chart

PLNT Valuation

Market Cap

5.4B

Price/Earnings (Trailing)

36.05

Price/Sales (Trailing)

4.93

EV/EBITDA

15.17

Price/Free Cashflow

29.57

PLNT Price/Sales (Trailing)

PLNT Profitability

Operating Margin

82.71%

EBT Margin

20.37%

Return on Equity

-151.08%

Return on Assets

5.01%

Free Cashflow Yield

3.38%

PLNT Fundamentals

PLNT Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

11.61%

Rev. Growth (Qtr)

-13%

PLNT Earnings

Earnings (TTM)

149.9M

Earnings Growth (Yr)

51.11%

Earnings Growth (Qtr)

-2.92%

Breaking Down PLNT Revenue

Last 7 days

10.5%

Last 30 days

10.6%

Last 90 days

19.0%

Trailing 12 Months

1.9%

How does PLNT drawdown profile look like?

PLNT Financial Health

Current Ratio

2.11

Debt/Equity

-19.74

Debt/Cashflow

0.16

PLNT Investor Care

Shares Dilution (1Y)

2.42%

Diluted EPS (TTM)

1.74

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.1B000
2023972.3M1.0B1.1B1.1B
2022661.8M749.0M839.1M936.8M
2021391.3M488.3M537.2M587.0M
2020667.2M525.8M464.4M406.6M
2019600.4M641.5M671.7M688.8M
2018460.2M493.4M532.6M572.9M
2017386.0M401.8M412.3M429.9M
2016337.0M349.5M367.7M378.2M
2015299.1M315.4M320.7M330.5M
2014228.2M245.4M262.6M279.8M
2013000211.0M
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Planet Fitness Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 10, 2024
keating colleen
acquired
-
-
102,834
chief executive officer
Jun 10, 2024
benson craig r
acquired
-
-
1,433
-
Apr 30, 2024
rathke frances g
acquired
-
-
1,921
-
Apr 30, 2024
dunaway cambria w
acquired
-
-
1,921
-
Apr 30, 2024
spinelli stephen jr
acquired
-
-
1,921
-
Apr 30, 2024
tanco christopher
acquired
-
-
1,921
-
Apr 30, 2024
acoca bernard
acquired
-
-
1,921
-
Apr 30, 2024
anderson enshalla
acquired
-
-
1,921
-
Apr 01, 2024
rathke frances g
acquired
-
-
370
-
Apr 01, 2024
spinelli stephen jr
acquired
-
-
556
-

1–10 of 50

Which funds bought or sold PLNT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
added
3.9
-834
4,787
-%
Jun 11, 2024
American Trust
reduced
-6.37
-61,544
251,334
0.02%
May 30, 2024
EULAV Asset Management
unchanged
-
-442,799
2,674,300
0.07%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-288,000
1,737,000
0.02%
May 24, 2024
Cetera Investment Advisers
added
74.47
1,220,270
3,676,320
0.01%
May 21, 2024
LRI Investments, LLC
new
-
15,658
15,658
-%
May 20, 2024
Virtu Financial LLC
added
72.17
113,000
351,000
0.03%
May 16, 2024
Pineridge Advisors LLC
sold off
-100
-511
-
-%
May 16, 2024
Beacon Capital Management, LLC
sold off
-100
-3,344
-
-%
May 16, 2024
Grandeur Peak Global Advisors, LLC
sold off
-100
-3,978,940
-
-%

1–10 of 38

Are Funds Buying or Selling PLNT?

Are funds buying PLNT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PLNT
No. of Funds

Unveiling Planet Fitness Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
cadian capital management, lp
5.2%
44,303
SC 13G
Feb 14, 2024
amundi
5.5%
4,723,018
SC 13G
Feb 13, 2024
vanguard group inc
9.45%
8,076,794
SC 13G/A
Jan 23, 2024
blackrock inc.
14.1%
12,039,772
SC 13G/A
Feb 14, 2023
ameriprise financial inc
2.73%
2,273,733
SC 13G/A
Feb 09, 2023
vanguard group inc
9.20%
7,677,396
SC 13G/A
Jan 23, 2023
blackrock inc.
10.1%
8,452,839
SC 13G/A
Jul 08, 2022
blackrock inc.
10.2%
8,642,608
SC 13G
Feb 14, 2022
srs investment management, llc
8.3%
6,956,803
SC 13G/A
Feb 14, 2022
ameriprise financial inc
5.27%
4,389,993
SC 13G

Recent SEC filings of Planet Fitness Inc

View All Filings
Date Filed Form Type Document
Jun 12, 2024
3
Insider Trading
Jun 12, 2024
4
Insider Trading
Jun 12, 2024
4
Insider Trading
Jun 12, 2024
8-K
Current Report
Jun 07, 2024
8-K
Current Report
May 29, 2024
8-K
Current Report
May 09, 2024
10-Q
Quarterly Report
May 09, 2024
8-K
Current Report
May 06, 2024
8-K
Current Report
May 02, 2024
4
Insider Trading

Planet Fitness Inc News

Latest updates
Quantisnow101 minutes ago
MarketBeat10 Jun 202409:52 pm
Yahoo Movies UK09 Jun 202407:39 pm

Planet Fitness Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-13.0%24828527828622228124422418718415413711213410540.00127192167182149
Cost Of Revenue-66.9%19.0057.0054.0059.0019.0074.0049.0033.0022.0047.0027.0018.008.00-15.008.0022.0059.0046.0054.0034.00
Costs and Expenses-14.8%18221420520917021718216913815411097.0082.0010289.0063.0093.0013011411696.00
  S&GA Expenses-6.5%29.0031.0033.0033.0028.0029.0027.0028.0031.0027.0023.0022.0022.0017.0018.0016.0017.0021.0021.0019.0018.00
EBITDA Margin1.9%0.42*0.41*0.40*0.40*0.40*0.40*0.36*0.35*0.35*0.33*0.40*----------
Interest Expenses-1.7%21.0022.0022.0021.0022.0022.0022.0022.0023.0020.0020.0020.0020.0021.0021.0020.0020.0017.0015.0015.0015.00
Income Taxes-27.1%14.0020.0013.0016.0010.0015.0016.009.0012.00-9.336.005.003.008.00-1.03-10.925.0011.0010.0011.005.00
Earnings Before Taxes-12.7%50.0058.0055.0060.0035.0051.0046.0034.0030.00-2.8725.0020.0010.0017.00-4.32-42.9015.0045.0040.0051.0037.00
EBT Margin5.1%0.20*0.19*0.19*0.19*0.17*0.17*0.13*0.12*0.11*0.09*0.13*----------
Net Income-2.9%34.0035.0039.0041.0023.0034.0027.0022.0016.006.0017.0014.006.009.00-3.11-29.189.0030.0026.0035.0027.00
Net Income Margin5.8%0.14*0.13*0.13*0.12*0.11*0.11*0.09*0.08*0.08*0.07*0.09*----------
Free Cashflow429.2%63.0012.0070.0037.0075.0015.0056.0035.0034.0018.0063.00----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.8%2,9932,9702,9452,8482,9062,8552,8462,8842,9922,0161,9501,9001,8651,8501,8021,8001,8761,7171,4201,5231,510
  Current Assets10.4%521472540505589556540523616662629581556567561581664540306424417
    Cash Equivalents9.4%302276309236523472467446537604585527504516502510611479250361367
  Inventory6.0%5.005.008.007.005.005.004.003.002.001.004.001.000.000.002.003.003.001.003.003.003.00
  Net PPE-------------162161159150145145131119115
  Goodwill0.2%719718718718703703700714696229228228228228228228228228207207200
  Current Liabilities-1.9%247251273274250245258264326177160135115112120135180145136125134
  Long Term Debt-0.2%1,9591,963---------------1,6881,1551,1571,158
    LT Debt, Current0%21.0021.0021.0021.0021.0021.0021.0021.0021.0018.0018.0018.0018.0018.0018.0018.0018.0018.0012.0012.0012.00
    LT Debt, Non Current------------------1,6881,1551,1571,158
Shareholder's Equity16.6%-99.23-118---158-211---------------
  Retained Earnings2.0%-677-691-726-765-706-703-737-714-692-708-714-731-746-751-760-757-727-736-466-333-368
  Additional Paid-In Capital1.0%58157657056455550553452948063.0054.0051.0048.0046.0041.0039.0036.0030.0027.0024.0023.00
Accumulated Depreciation---29727425122820519016915214112911810898.0089.0082.0074.0070.0065.0059.00
Shares Outstanding----4.004.006.006.006.006.00----4.00-------
Minority Interest15.7%-2.82-3.34-7.85-13.99-7.47-12.55-44.45-43.642.003.002.002.001.000.00-3.29-3.41-0.39-1.30-3.52-5.26-8.06
Float----5,700---5,700---6,300---4,800---6,100-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations41.7%89,73263,334109,59059,42097,91049,78180,16352,25358,01039,79975,22450,74323,52333,25310,869-86,10673,12251,57470,23324,57057,934
  Share Based Compensation-38.3%9751,5801,5332,7442,0491,1261,3412,7512,8502,5382,2182,6101,4391,2131,0711,5469471,2611,2869641,315
Cashflow From Investing58.0%-38,644-92,076-46,894-178,024-22,997-37,368-2,895-16,597-449,706-24,144-12,378-23,035-31,359-15,841-15,445-12,017-8,975-58,539-18,483-26,222-7,450
Cashflow From Financing-396.9%-24,997-5,031-5,510-106,269-24,607-7,012-55,854-125,626324,2172,779-4,604-4,337-4,084-3,903-4,222-3,44369,418235,188-162,453-4,120-4,267
  Buy Backs-20,005--524101,07425,0051.0050,01544,299---------300,221157,9451.00-
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

PLNT Income Statement

2024-03-31
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:  
Total revenue$ 248,017$ 222,225
Operating costs and expenses:  
Cost of revenue18,99319,354
Store operations74,35366,015
Selling, general and administrative29,19327,767
National advertising fund expense19,79216,987
Depreciation and amortization39,38036,010
Other losses, net4843,936
Total operating costs and expenses182,195170,069
Income from operations65,82252,156
Other income (expense), net:  
Interest income5,4613,931
Interest expense(21,433)(21,599)
Other income, net647113
Total other expense, net(15,325)(17,555)
Income before income taxes50,49734,601
Provision for income taxes14,3249,567
Losses from equity-method investments, net of tax(1,200)(265)
Net income34,97324,769
Less net income attributable to non-controlling interests6642,064
Net income attributable to Planet Fitness, Inc.$ 34,309$ 22,705
Class A common stock  
Net income per share of Class A common stock:  
Basic (in usd per share)$ 0.39$ 0.27
Diluted (in usd per share)$ 0.39$ 0.27
Weighted-average shares of Class A common stock outstanding:  
Basic (in shares)86,909,38384,444,003
Diluted (in shares)87,222,08184,786,695
Franchise  
Revenue:  
Total revenue$ 84,234$ 75,878
National advertising fund revenue  
Revenue:  
Total revenue19,78616,804
Corporate-owned stores  
Revenue:  
Total revenue122,378105,882
Equipment  
Revenue:  
Total revenue$ 21,619$ 23,661

PLNT Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 301,707$ 275,842
Restricted cash46,19046,279
Short-term marketable securities93,36274,901
Accounts receivable, net of allowances for uncollectible amounts of $0 and $0 as of March 31, 2024 and December 31, 2023, respectively23,83741,890
Inventory4,9594,677
Restricted assets - national advertising fund17,9450
Prepaid expenses18,94513,842
Other receivables12,51311,072
Income tax receivable1,3243,314
Total current assets520,782471,817
Long-term marketable securities45,16550,886
Investments, net of allowance for expected credit losses of $18,164 and $17,689 as of March 31, 2024 and December 31, 2023, respectively76,36077,507
Property and equipment, net of accumulated depreciation of $349,068 and $322,958, as of March 31, 2024 and December 31, 2023, respectively382,019390,405
Right-of-use assets, net385,796381,010
Intangible assets, net359,750372,507
Goodwill719,074717,502
Deferred income taxes499,839504,188
Other assets, net3,9933,871
Total assets2,992,7782,969,693
Current liabilities:  
Current maturities of long-term debt20,75020,750
Accounts payable20,56023,788
Accrued expenses43,70966,299
Equipment deposits7,5944,506
Deferred revenue, current77,26359,591
Payable pursuant to tax benefit arrangements, current41,29441,294
Other current liabilities35,33135,101
Total current liabilities246,501251,329
Long-term debt, net of current maturities1,959,0321,962,874
Lease liabilities, net of current portion390,399381,589
Deferred revenue, net of current portion33,82032,047
Deferred tax liabilities1,6661,644
Payable pursuant to tax benefit arrangements, net of current portion456,700454,368
Other liabilities3,8914,833
Total noncurrent liabilities2,845,5082,837,355
Commitments and contingencies (Note 13)
Stockholders’ equity (deficit):  
Accumulated other comprehensive (loss) income(435)172
Additional paid in capital581,332575,631
Accumulated deficit(677,321)(691,461)
Total stockholders’ deficit attributable to Planet Fitness, Inc.(96,415)(115,649)
Non-controlling interests(2,816)(3,342)
Total stockholders’ deficit(99,231)(118,991)
Total liabilities and stockholders’ deficit2,992,7782,969,693
Class A common stock  
Stockholders’ equity (deficit):  
Common stock, value99
Class B common stock  
Stockholders’ equity (deficit):  
Common stock, value$ 0$ 0
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 Franchise segment is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. The Corporate-Owned Stores segment operates corporate-owned stores in the United States and Canada. The Equipment segment engages in the sale of fitness equipment to franchisee-owned stores in the United States and Canada. Planet Fitness, Inc. was founded in 1992 and is headquartered in Hampton, New Hampshire.
 CEO
 WEBSITEplanetfitness.com
 INDUSTRYLeisure
 EMPLOYEES3137

Planet Fitness Inc Frequently Asked Questions


What is the ticker symbol for Planet Fitness Inc? What does PLNT stand for in stocks?

PLNT is the stock ticker symbol of Planet Fitness Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Planet Fitness Inc (PLNT)?

As of Wed Jun 12 2024, market cap of Planet Fitness Inc is 5.4 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PLNT stock?

You can check PLNT's fair value in chart for subscribers.

What is the fair value of PLNT stock?

You can check PLNT's fair value in chart for subscribers. The fair value of Planet Fitness Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Planet Fitness Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PLNT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Planet Fitness Inc a good stock to buy?

The fair value guage provides a quick view whether PLNT is over valued or under valued. Whether Planet Fitness Inc is cheap or expensive depends on the assumptions which impact Planet Fitness Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PLNT.

What is Planet Fitness Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Jun 12 2024, PLNT's PE ratio (Price to Earnings) is 36.05 and Price to Sales (PS) ratio is 4.93. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PLNT PE ratio will change depending on the future growth rate expectations of investors.