Added to YB: 2026-05-28
Pitch date: 2026-04-15
PLNT [neutral]
Planet Fitness, Inc.
-26.78%
current return
Author Info
No bio for this author
Company Info
Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand.
Market Cap
$4.2B
Pitch Price
$72.25
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.63
P/E
18.95
EV/Sales
5.07
Sector
Hotels, Restaurants and Leisure
Category
growth
Alger Weatherbie Specialized Growth Fund Portfolio Holding: Planet Fitness, Inc.
PLNT (holding update): Largest US fitness franchise w/ 20M+ members, capital-light model via franchise royalties + equipment sales. Q4 beat on rev/EPS but FY guide showed rev growth deceleration vs prior year, missing consensus. Near-term pressure from weak consumer sentiment & value fitness competition. Long-term upside from domestic/international unit growth runway, brand strength & scale advantages.
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