On April 22, a significant conference call will gather analysts and industry leaders to explore the evolving dynamics of the fitness industry, with a particular focus on high volume/low price (HV/LP) gym models. This discussion is especially relevant for investors monitoring Planet Fitness (PLNT, Financial), as it is a key player in this sector.
One of the main topics will be pricing strategies, which are crucial for maintaining competitive advantage and market share in the saturated fitness market. The conversation will also delve into the comparative nuances of international versus U.S. markets, offering insights into expansion opportunities and market behavior.
Humphrey Cobbold, Chairman of Pure Gym, will provide valuable perspectives during the call. His insights will be instrumental in understanding the broader trends impacting gyms operating under the HV/LP model, which emphasizes affordability to attract a large customer base.
The conference is a pivotal event for stakeholders aiming to align their strategies with current industry trends and to glean insights that could influence investment decisions in firms like Planet Fitness (PLNT, Financial).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for Planet Fitness Inc (PLNT, Financial) is $111.01 with a high estimate of $150.00 and a low estimate of $82.00. The average target implies an upside of 16.74% from the current price of $95.10. More detailed estimate data can be found on the Planet Fitness Inc (PLNT) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, Planet Fitness Inc's (PLNT, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Planet Fitness Inc (PLNT, Financial) in one year is $103.30, suggesting a upside of 8.63% from the current price of $95.095. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Planet Fitness Inc (PLNT) Summary page.
