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PLNT, based in Hampton, NH has been in business for nearly 30 years. PLNT is one of the top fitness center franchisors and operators in the country. In the first quarter of the year, PLNT had around 15 million members working out across more than 2,100 stores in all 50 states as well as several foreign markets. PLNT’s stores and operations are in locations ranging from Australia to Canada, Mexico, Panama, Puerto Rico, and beyond. Revenue is organized into three distinct segments in Corporate-owned stores, Franchise, and Equipment. The Franchise segment accounted for more than half of last year’s aggregate revenue.
PLNT has a D POWR Rating grade. This grade indicates the stock is a Sell. Though PLNT has a solid Momentum component grade of B, the stock disappoints in most of the rest of the POWR Ratings components. PLNT has an F Sentiment component and Ds in the Stability and Value components. You can find out more about how PLNT fares in the rest of the POWR Ratings components such as Quality and Growth by clicking here.
