Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Peloton Interactive Inc (NASDAQ: PTON) closed at $5.48 in the last session, down -6.16% from day before closing price of $5.84. In other words, the price has decreased by -$6.16 from its previous closing price. On the day, 12.9 million shares were traded. PTON stock price reached its highest trading level at $5.91 during the session, while it also had its lowest trading level at $5.38.
Ratios:
We take a closer look at PTON’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.37 and its Current Ratio is at 1.85.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on August 23, 2024, Reiterated its Market Perform rating but revised its target price to $5 from $4 previously.
On August 23, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $7 to $5.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 18 ’24 when Bruzzo Chris sold 24,977 shares for $5.80 per share. The transaction valued at 144,912 led to the insider holds 149,240 shares of the business.
Boone Karen sold 25,009 shares of PTON for $144,915 on Oct 18 ’24. The Interim Co-CEO and President now owns 193,297 shares after completing the transaction at $5.79 per share. On Oct 18 ’24, another insider, CHRISTOPHER LOREN BRUZZO, who serves as the Officer of the company, bought 24,977 shares for $5.80 each.
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 2062776192 and an Enterprise Value of 3579489280. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76. Its current Enterprise Value per Revenue stands at 1.326 whereas that against EBITDA is -10.798.
Stock Price History:
Over the past 52 weeks, PTON has reached a high of $7.24, while it has fallen to a 52-week low of $2.70. The 50-Day Moving Average of the stock is 21.51%, while the 200-Day Moving Average is calculated to be 31.20%.
Shares Statistics:
According to the various share statistics, PTON traded on average about 15.44M shares per day over the past 3-months and 12258420 shares per day over the past 10 days. A total of 358.12M shares are outstanding, with a floating share count of 319.82M. Insiders hold about 15.03% of the company’s shares, while institutions hold 77.88% stake in the company. Shares short for PTON as of 1727654400 were 62224822 with a Short Ratio of 4.03, compared to 1724976000 on 66220711. Therefore, it implies a Short% of Shares Outstanding of 62224822 and a Short% of Float of 19.469998999999998.
