Planet Fitness, Inc. authorizes a Buyback Plan. (2024)

Market Closed - Nyse Other stock markets 04:00:02 2024-06-21 pm EDT			5-day change	1st Jan Change
72.73 ^USD	-0.40%		+2.22%	-0.37%

Jun. 14	Relying on the franchise model
Jun. 13	Planet Fitness Enter $280 Million Accelerated Share Repurchase Agreement With Citibank	MT

June 12, 2024

Latest news about Planet Fitness, Inc.

Relying on the franchise model	Jun. 14
Planet Fitness Enter $280 Million Accelerated Share Repurchase Agreement With Citibank	Jun. 13	MT
Planet Fitness, Inc. announces an Equity Buyback for $500 million worth of its shares.	Jun. 13	CI
Planet Fitness, Inc. authorizes a Buyback Plan.	Jun. 12	CI
Planet Fitness Completes $800 Million Debt Offering	Jun. 12	MT
Sector Update: Consumer Stocks Mixed Late Afternoon	Jun. 10	MT
Planet Fitness Shares Rise After Jefferies Upgrade	Jun. 10	MT
All eyes on the Fed	Jun. 10
Jefferies Upgrades Planet Fitness to Buy From Hold, Adjusts Price Target to $100 From $62	Jun. 10	MT
ANALYST RECOMMENDATIONS : AMD, Adobe, Walmart, Nvidia, Tesla...	Jun. 10
Planet Fitness Prices $800 Million Senior Secured Notes	Jun. 07	MT
Planet Fitness Plans $600 Million Notes Offering to Refinance Existing Debt	May. 29	MT
Planet Fitness Refinancing Some Debt	May. 29	DJ
Planet Fitness, Inc. Announces Refinancing Transaction	May. 29	CI
JPMorgan Upgrades Planet Fitness to Overweight From Neutral, Price Target is $78	May. 14	MT
Baird Adjusts Price Target on Planet Fitness to $88 From $80, Maintains Outperform Rating	May. 10	MT
Stifel Downgrades Planet Fitness to Hold From Buy, Cuts Price Target to $70 From $80	May. 10	MT
Tranche Update on Planet Fitness, Inc.'s Equity Buyback Plan announced on November 8, 2022.	May. 09	CI
Sector Update: Consumer Stocks Mixed Pre-Bell Thursday	May. 09	MT
Transcript : Planet Fitness, Inc., Q1 2024 Earnings Call, May 09, 2024	May. 09
Stocks Down Pre-Bell Ahead of Latest Earnings Results; Asia, Europe Churn	May. 09	MT
Planet Fitness' Q1 Adjusted Earnings, Revenue Increase; Lowers Full Year Guidance, Shares Fall	May. 09	MT
Earnings Flash (PLNT) PLANET FITNESS Posts Q1 Adjusted EPS $0.53	May. 09	MT
Earnings Flash (PLNT) PLANET FITNESS Posts Q1 Revenue $248M	May. 09	MT
Planet Fitness, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 09	CI

Chart Planet Fitness, Inc.

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Company Profile

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 its franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. The Corporate-owned stores segment includes operations with respect to all corporate-owned stores throughout the United States, and Canada. The Equipment segment primarily includes the sale of equipment to franchisee-owned stores in the United States, Canada, and Mexico. The Company's subsidiaries operate three lines of business, which include licensing and selling franchises under the Planet Fitness trade name, owning, and operating fitness centers, and selling fitness-related equipment to franchisee-owned stores. The Company has approximately 2,575 stores in 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, and Australia.

Sector

Calendar

2024-08-05 - Q2 2024 Earnings Release (Projected)

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Ratings for Planet Fitness, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

72.73USD

Average target price

79.88USD

Spread / Average Target

+9.82%

Consensus

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Company calendar

Sector Gyms, Fitness and Spa Centers

	1st Jan change	Capi.
PLANET FITNESS, INC.	-0.37%	6.37B
LIFE TIME GROUP HOLDINGS, INC.	+22.02%	3.66B
LEEJAM SPORTS COMPANY	+6.78%	3.04B
SMARTFIT ESCOLA DE GINÁSTICA E DANÇA S.A.	-15.87%	2.35B
ONESPAWORLD HOLDINGS LIMITED	+3.76%	1.53B
BASIC-FIT N.V.	-30.08%	1.39B
XPONENTIAL FITNESS, INC.	+27.00%	517M
CURVES HOLDINGS CO., LTD.	+15.49%	434M
SATS ASA	+9.89%	322M
WORLD FITNESS SERVICES LTD.	0.00%	313M

Gyms, Fitness and Spa Centers

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Planet Fitness, Inc. authorizes a Buyback Plan.

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