PLNT

Planet Fitness Inc

Consumer


Presented:02/09/2017
Price:$21.51
Cap:$0.96B
Current Price:$82.77
Cap:$7.00B

Presented

Date02/09/2017
Price$21.51
Market Cap$0.96B
Ent Value$1.33B
P/E Ratio61.7x
Book Value$0.19
Div Yield0%
Shares O/S44.69M
Ave Daily Vol823,754
Short IntN/A

Current

Price$82.77
Market Cap$7.00B
Planet Fitness, Inc. operates and franchises fitness centers. It operates through the following segments: Franchise, Corporate-Owned Stores, and Equipment. The Franchise segment includes operations related to the company's franchising business in the U. S., Puerto Rico, and Canada. The Corporate-Owned Stores segment deals with the operations with respect to all corporate-owned stores throughout the U. S. and Canada. The Equipment segment sells equipment to franchisee-owned stores. The company was founded by Michael Grondahl and Marc Grondahl in 1992 and is headquartered in Newington, NH.

Publicly traded companies mentioned herein: Planet Fitness Inc (PLNT)

Highlights

The presenter is long shares of Planet Fitness (PLNT), believing the short thesis consists of refutable and/or immaterial points, and is expecting top line and profits to materially beat due to higher royalty rates than what bears and the sell-side are modelling.

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Idea Discussion

Commentor 1 - 2 weeks ago

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