Planet Fitness, Inc. (PLNT): A Bull Case Theory

We came across a bullish thesis on Planet Fitness, Inc. (PLNT) on The Elevator Pitch’s Substack. In this article, we will summarize the bulls’ thesis on PLNT. Planet Fitness, Inc. (PLNT)'s share was trading at $104.8 as of 22^nd May. PLNT’s trailing and forward P/E were 49.67 and 35.97 respectively according to Yahoo Finance.

[caption id="attachment_1205371" align="aligncenter" width="768"] A customer talking to a personal coach while working on their fitness goals in a modern gym.[/caption]

Planet Fitness (PLNT) is the leading US gym operator with about 20 million members,...