Planet Fitness Stock Target Price and Analyst Consensus

PLNT Stock  USD 59.36  0.68  1.16%   
The current analyst and expert consensus on Planet Fitness is Strong Buy with 5 hold recommendations. The current projected Planet Fitness target price consensus is 65.81 with 19 analyst opinions. One of the most common ways Planet Fitness analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Planet Fitness vendors, executives, and/or customers. Planet Fitness recommendation module provides expert sentiment on the projected Planet Fitness target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Planet Fitness to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Planet Stock please use our How to Invest in Planet Fitness guide.
Lowest Forecast
59.89
Highest Forecast
73.05
Target Price
65.81
At this time, Planet Fitness' Pretax Profit Margin is comparatively stable compared to the past year. Gross Profit Margin is likely to gain to 0.54 in 2024, whereas Gross Profit is likely to drop slightly above 284.9 M in 2024. At this time, Planet Fitness' Short Term Debt is comparatively stable compared to the past year. Property Plant Equipment is likely to gain to about 840.1 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 69.2 M in 2024.
  
It's important to approach Planet Fitness' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Planet Fitness price targets

Planet Fitness' stock target price is an estimate of its future price, usually made by analysts. Using Planet Fitness' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Planet Fitness' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Planet Fitness' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Planet Fitness Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Planet Fitness is a key component of Planet Fitness valuation and have some predictive power on the future returns of a Planet Fitness.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Planet Fitness' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
57.5859.6661.74
Details
Intrinsic
Valuation
LowRealHigh
53.0955.1665.30
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.460.510.55
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Planet Fitness. Your research has to be compared to or analyzed against Planet Fitness' peers to derive any actionable benefits. When done correctly, Planet Fitness' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Planet Fitness.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Investor Favorites Idea
Investor Favorites
Invested a lot of shares
Manufacturing Idea
Manufacturing
Invested over 40 shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 50 shares
Hedge Favorites Idea
Hedge Favorites
Invested few shares
Momentum Idea
Momentum
Invested over 70 shares
When determining whether Planet Fitness is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Planet Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Planet Fitness Stock. Highlighted below are key reports to facilitate an investment decision about Planet Fitness Stock:
Check out Macroaxis Advice on Planet Fitness to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Planet Stock please use our How to Invest in Planet Fitness guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Planet Fitness' price analysis, check to measure Planet Fitness' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Planet Fitness is operating at the current time. Most of Planet Fitness' value examination focuses on studying past and present price action to predict the probability of Planet Fitness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planet Fitness' price. Additionally, you may evaluate how the addition of Planet Fitness to your portfolios can decrease your overall portfolio volatility.
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The data published in Planet Fitness' official financial statements usually reflect Planet Fitness' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Planet Fitness. For example, before you start analyzing numbers published by Planet accountants, it's critical to develop an understanding of what Planet Fitness' liquidity, profitability, and earnings quality are in the context of the Hotels, Restaurants & Leisure space in which it operates.
Please note, the presentation of Planet Fitness' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Planet Fitness' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Planet Fitness' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Planet Fitness. Please utilize our Beneish M Score to check the likelihood of Planet Fitness' management manipulating its earnings.