Planet Fitness Inc (PLNT) Files 10-K for the Fiscal Year Ended on December 31, 2017
- By insider
Planet Fitness Inc (PLNT) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Planet Fitness Inc is a franchisor and operator of fitness centers in the United States. It has approximately more than 8.7 million members and more than 1,200 stores in 47 states, the District of Columbia, Puerto Rico, Canada and the Dominican Republic. Planet Fitness Inc has a market cap of $3.68 billion; its shares were traded at around $37.39 with a P/E ratio of 84.99 and P/S ratio of 6.84.
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The intrinsic value of PLNT
For the last quarter Planet Fitness Inc reported a revenue of $134.0 million, compared with the revenue of $116.4 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $429.9 million, an increase of 13.7% from last year.
The reported diluted earnings per share was 42 cents for the year, a decline of 16% from the previous year. The Planet Fitness Inc enjoyed an operating margin of 34.32%, compared with the operating margin of 30.58% a year before. The 10-year historical median operating margin of Planet Fitness Inc is 22.00%. The profitability rank of the company is 7 (out of 10).
At the end of the fiscal year, Planet Fitness Inc has the cash and cash equivalents of $113.1 million, compared with $40.4 million in the previous year. The long term debt was $696.6 million, compared with $702.0 million in the previous year. The interest coverage to the debt is 2, which is not a favorable level. Planet Fitness Inc has a financial strength rank of 4 (out of 10).
At the current stock price of $37.39, Planet Fitness Inc is traded at 121.5% premium to its historical median P/S valuation band of $16.88. The P/S ratio of the stock is 6.84, while the historical median P/S ratio is 3.09. The stock gained 71.92% during the past 12 months.
CEO Recent Trades:
CEO Christopher Rondeau sold 40,000 shares of PLNT stock on 02/08/2018 at the average price of $30.42. The price of the stock has increased by 22.91% since.
For the complete 20-year historical financial data of PLNT, click here.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 4 Warning Sign with PLNT. Click here to check it out.
The intrinsic value of PLNT
