Planet Fitness Stock Fair Value Calculator – Interim CEO of Planet Fitness Increases Share Price by 3%
December 15, 2023
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Planet Fitness ($NYSE:PLNT) is a leading franchise of fitness centers in the United States and Canada. Recently, the interim CEO of Planet Fitness has caused the company’s stock to rise by a remarkable 3% with his purchase of shares. Investors are betting on the future of the business and are looking to capitalize on its success.
In addition, the interim CEO’s purchase of shares is also a sign of his belief in the long-term prospects of the company. The 3% rise in the share price is a significant boost for Planet Fitness, which is sure to benefit from the increased confidence of investors. With the interim CEO’s purchase of shares showing his commitment to the success of Planet Fitness, it is likely that this increase in share price will continue to rise in the future.
Analysis – Planet Fitness Stock Fair Value Calculator
GoodWhale has conducted an analysis of the fundamentals of PLANET FITNESS. Our proprietary Valuation Line tool was used to compute the fair value of a share of PLANET FITNESS to be $114.3. However, the stock is currently trading at $70.5, thus being undervalued by 38.3%. Therefore, those who are looking to purchase PLANET FITNESS shares would benefit from taking advantage of the current dip in pricing. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Planet Fitness. More…
| Total Revenues | Net Income | Net Margin |
| 1.07k | 136.66 | 12.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Planet Fitness. More…
| Operations | Investing | Financing |
| 316.7 | -285.28 | -143.4 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Planet Fitness. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.94k | 3.11k | -1.84 |
Key Ratios Snapshot
Some of the financial key ratios for Planet Fitness are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 32.0% | 43.9% | 26.9% |
| FCF Margin | ROE | ROA |
| -21.3% | -100.1% | 6.1% |
Peers
Planet Fitness Inc is in competition with Destination Maternity Corp, Tractor Supply Co, and Accel Entertainment Inc. Each company is vying for a share of the market and the customer base. Each company has its own strengths and weaknesses, and each is trying to get an edge over the others.
– Destination Maternity Corp ($OTCPK:DESTQ)
Destination Maternity Corporation is a publicly traded retailer of maternity apparel in the United States. The Company operates through two segments: Motherhood Maternity(R) and A Pea in the Pod(R). As of October 28, 2017, the Company operated 1,948 retail locations, of which 1,060 were Motherhood Maternity stores, 514 were Destination Maternity stores, 274 were A Pea in the Pod stores and 100 were leased departments located within department stores and baby specialty stores. The Company’s retail locations are located in the United States, Puerto Rico, Canada and the United Kingdom. The Company offers a variety of apparel, including casual wear, work-out wear, sleepwear, lingerie and accessories. The Company also offers a line of nursing apparel and a line of children’s clothing.
– Tractor Supply Co ($NASDAQ:TSCO)
Tractor Supply Company is an American retail chain of stores that offer products for home improvement, agriculture, lawn and garden maintenance, and livestock, equine and pet care. It operates more than 2,000 stores in the United States.
Tractor Supply’s market cap is $23.79 billion as of 2022. The company’s return on equity is 45.88%. Tractor Supply is a leading retailer in the United States, offering products for home improvement, agriculture, lawn and garden maintenance, and livestock, equine and pet care. The company operates more than 2,000 stores across the country.
– Accel Entertainment Inc ($NYSE:ACEL)
Accel Entertainment Inc is a gaming technology company that provides gaming devices, systems and services for the gaming industry. The company has a market capitalization of $842.69 million and a return on equity of 32.45%. Accel Entertainment Inc provides gaming devices, systems and services for the gaming industry. The company offers gaming devices, systems and services for the gaming industry.
Summary
Planet Fitness (PLNT) saw a 3% boost in its stock price on the day that interim CEO Chris Rondeau purchased shares of the company. This is a sign of confidence in the fitness industry as a whole, and in Planet Fitness specifically. Analysts believe that the shift to digital fitness experiences, including Planet Fitness’ own virtual workouts, may be indicative of a long-term trend.
With a strong balance sheet and ongoing cost-cutting measures, the company is well positioned to take advantage of this trend. Given these upbeat indicators, investors should continue to closely monitor the stock to stay up-to-date on any shifts in their investment outlook.
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