Planet Fitness Can Defy The Skeptics Again

Ample room for growth and a historically low valuation should drive upside from here

Highlights:

• For close to a decade, skeptics have predicted the imminent end for PLNT. They’ve been consistently proven wrong.

• Valuation, at 16x EBITDA, has come in sharply from historical levels.

• A move into Europe and potential pricing changes, offer catalysts for significant share price performance.