Planet Fitness is a holding company. Through its subsidiries, Co. is engaged as a franchisor and operator of fitness centers. Co.'s stores include co-branded cardio equipment, free weights, strength machines, a workout area, a retail area and a drink cooler. Co. operates in three segments: Franchise, which includes operations related to its franchising business in the United States, Puerto Rico, Canada, the Dominican Republic, Panama, Mexico and Australia; Corporate-owned stores, which includes operations with respect to all corporate-owned stores throughout the United States and Canada; and Equipment, which includes the sale of equipment to franchisee-owned stores in the United States. We show 25 historical shares outstanding datapoints in our coverage of PLNT's shares outstanding history.
Understanding the changing numbers of PLNT shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like PLNT versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching PLNT by allowing them to research PLNT shares outstanding history
as well as any other stock in our coverage universe. |
Video: Shares Outstanding Importance
