Berenberg Bank analyst Alex Maroccia maintained a Hold rating on Planet Fitness (NYSE:PLNT) on Friday, setting a price target of $91, which is approximately 11.81% above the present share price of $81.39.
Maroccia expects Planet Fitness to post earnings per share (EPS) of $0.11 for the second quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Planet Fitness, with an average price target of $88.8.
The analysts price targets range from a high of $100 to a low of $75.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $133.77 million and a net profit of $32.17 million. The company's market cap is $7.05 billion.
According to TipRanks.com, Berenberg Bank analyst Alex Maroccia is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 45.0% and a 87.10% success rate.
Planet Fitness, Inc. engages in the operation and franchise of 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, Canada, the Dominican Republic, and Panama. 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.