As of close of business last night, Peloton Interactive Inc’s stock clocked out at $4.41, down -4.96% from its previous closing price of $4.64. In other words, the price has decreased by -$0.2300 from its previous closing price. On the day, 9777538 shares were traded.
Ratios:
To gain a deeper understanding of PTON’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 1.92.
On February 02, 2024, Telsey Advisory Group reiterated its Market Perform rating and also upped its target price recommendation from $6 to $5.
Deutsche Bank Downgraded its Buy to Hold on November 07, 2023, whereas the target price for the stock was revised from $13 to $4.
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 Mar 07 ’24 when Cotter Jennifer Cunningham sold 104,620 shares for $4.43 per share. The transaction valued at 463,540 led to the insider holds 32,363 shares of the business.
RENDICH ANDREW S sold 125,840 shares of PTON for $564,556 on Feb 26 ’24. The Chief Supply Chain Officer now owns 47,690 shares after completing the transaction at $4.49 per share. On Feb 16 ’24, another insider, Cotter Jennifer Cunningham, who serves as the Chief Content Officer of the company, sold 38,407 shares for $4.45 each. As a result, the insider received 170,857 and left with 134,483 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 1.62B and an Enterprise Value of 3.22B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59. Its current Enterprise Value per Revenue stands at 1.18 whereas that against EBITDA is -4.99.
Stock Price History:
Over the past 52 weeks, PTON has reached a high of $12.02, while it has fallen to a 52-week low of $3.96. The 50-Day Moving Average of the stock is 5.0768, while the 200-Day Moving Average is calculated to be 6.1662.
Shares Statistics:
It appears that PTON traded 14.95M shares on average per day over the past three months and 10.47M shares per day over the past ten days. A total of 338.75M shares are outstanding, with a floating share count of 324.58M. Insiders hold about 11.53% of the company’s shares, while institutions hold 74.35% stake in the company. Shares short for PTON as of Feb 29, 2024 were 45.01M with a Short Ratio of 3.01, compared to 47.87M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 12.27% and a Short% of Float of 14.51%.
Earnings Estimates
As of right now, 16 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.37 for the current quarter, with a high estimate of -$0.25 and a low estimate of -$0.44, while EPS last year was -$0.79. The consensus estimate for the next quarter is -$0.21, with high estimates of -$0.14 and low estimates of -$0.29.
Analysts are recommending an EPS of between -$1.24 and -$1.68 for the fiscal current year, implying an average EPS of -$1.54. EPS for the following year is -$1.15, with 19 analysts recommending between -$0.78 and -$1.59.
Revenue Estimates
A total of 21 analysts have provided revenue estimates for PTON’s current fiscal year. The highest revenue estimate was $2.74B, while the lowest revenue estimate was $2.69B, resulting in an average revenue estimate of $2.71B. In the same quarter a year ago, actual revenue was $2.8B, down -3.30% from the average estimate. Based on 21 analysts’ estimates, the company’s revenue will be $2.82B in the next fiscal year. The high estimate is $3.04B and the low estimate is $2.58B. The average revenue growth estimate for next year is up 4.00% from the average revenue estimate for this year.
