It’s an appealing income play to consider Peloton Interactive Inc. (PTON)

As of close of business last night, Peloton Interactive Inc.’s stock clocked out at $7.25, down -1.09% from its previous closing price of $7.33. In other words, the price has decreased by -$0.08 from its previous closing price. On the day, 8777168 shares were traded. PTON stock price reached its highest trading level at $7.63 during the session, while it also had its lowest trading level at $7.15.

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To gain a deeper understanding of PTON’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 2.20.

Upgrades & Downgrades

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 18 when Cotter Jennifer Cunningham sold 24,857 shares for $7.27 per share. The transaction valued at 180,596 led to the insider holds 37,793 shares of the business.

Cortese Thomas sold 13,650 shares of PTON for $99,171 on May 18. The Chief Product Officer now owns 7,212 shares after completing the transaction at $7.27 per share. On May 18, another insider, RENDICH ANDREW S, who serves as the Chief Supply Chain Officer of the company, sold 8,892 shares for $7.26 each. As a result, the insider received 64,597 and left with 55,260 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PTON now has a Market Capitalization of 2.64B and an Enterprise Value of 4.19B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93. Its current Enterprise Value per Revenue stands at 1.48 whereas that against EBITDA is -2.05.

Stock Price History:

Over the past 52 weeks, PTON has reached a high of $17.83, while it has fallen to a 52-week low of $6.62. The 50-Day Moving Average of the stock is 9.24, while the 200-Day Moving Average is calculated to be 10.38.

Shares Statistics:

It appears that PTON traded 9.59M shares on average per day over the past three months and 11.81M shares per day over the past ten days. A total of 350.43M shares are outstanding, with a floating share count of 310.65M. Insiders hold about 2.28% of the company’s shares, while institutions hold 86.60% stake in the company. Shares short for PTON as of Apr 27, 2023 were 36.97M with a Short Ratio of 36.97M, compared to 34.51M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 10.43% and a Short% of Float of 12.44%.

Earnings Estimates

As of right now, 19 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.4 for the current quarter, with a high estimate of -$0.17 and a low estimate of -$0.64, while EPS last year was -$3.68. The consensus estimate for the next quarter is -$0.3, with high estimates of -$0.2 and low estimates of -$0.49.

Analysts are recommending an EPS of between -$2.45 and -$3.61 for the fiscal current year, implying an average EPS of -$3.34. EPS for the following year is -$1.15, with 19 analysts recommending between -$0.25 and -$1.71.

Revenue Estimates

In the current quarter, 21 analysts expect revenue to total $639.05M. It ranges from a high estimate of $654.2M to a low estimate of $627M. As of the current estimate, Peloton Interactive Inc.’s year-ago sales were $678.7M, an estimated decrease of -5.80% from the year-ago figure. For the next quarter, 12 analysts are estimating revenue of $653.79M, an increase of 6.00% over than the figure of -$5.80% in the same quarter last year. There is a high estimate of $727.16M for the next quarter, whereas the lowest estimate is $616.5M.

A total of 25 analysts have provided revenue estimates for PTON’s current fiscal year. The highest revenue estimate was $2.84B, while the lowest revenue estimate was $2.79B, resulting in an average revenue estimate of $2.8B. In the same quarter a year ago, actual revenue was $3.58B, down -21.80% from the average estimate. Based on 23 analysts’ estimates, the company’s revenue will be $2.93B in the next fiscal year. The high estimate is $3.11B and the low estimate is $2.59B. The average revenue growth estimate for next year is up 4.60% from the average revenue estimate for this year.