The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
Peloton Interactive Inc (NASDAQ: PTON) closed the day trading at $9.07 up 2.72% from the previous closing price of $8.83. In other words, the price has increased by $2.72 from its previous closing price. On the day, 12.75 million shares were traded. PTON stock price reached its highest trading level at $9.5 during the session, while it also had its lowest trading level at $8.95.
Ratios:
For a better understanding of PTON, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 433.40. For the most recent quarter (mrq), Quick Ratio is recorded 1.49 and its Current Ratio is at 2.01.
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 the company, UBS on December 06, 2024, Upgraded its rating to Neutral and sets its target price to $10 from $2.50 previously.
On November 04, 2024, BofA Securities Upgraded its rating to Buy which previously was Underperform and also upped its target price recommendation from $3.75 to $9.
Telsey Advisory Group reiterated its Market Perform rating for the stock on November 01, 2024, while the target price for the stock was revised from $5 to $9.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 02 ’25 when Boone Karen sold 17,259 shares for $8.63 per share. The transaction valued at 148,899 led to the insider holds 244,641 shares of the business.
KAREN BOONE bought 17,259 shares of PTON for $148,899 on Jan 02 ’25. On Dec 16 ’24, another insider, Coddington Elizabeth F, who serves as the Chief Financial Officer of the company, sold 36,820 shares for $10.09 each. As a result, the insider received 371,495 and left with 208,017 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 3459833088 and an Enterprise Value of 4792235008. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.32. Its current Enterprise Value per Revenue stands at 1.781 whereas that against EBITDA is -23.286.
Stock Price History:
Over the past 52 weeks, PTON has reached a high of $10.90, while it has fallen to a 52-week low of $2.70. The 50-Day Moving Average of the stock is 3.88%, while the 200-Day Moving Average is calculated to be 77.19%.
Shares Statistics:
Over the past 3-months, PTON traded about 16.91M shares per day on average, while over the past 10 days, PTON traded about 10437920 shares per day. A total of 363.14M shares are outstanding, with a floating share count of 340.11M. Insiders hold about 10.84% of the company’s shares, while institutions hold 81.49% stake in the company. Shares short for PTON as of 1734048000 were 60860274 with a Short Ratio of 3.60, compared to 1731628800 on 59949969. Therefore, it implies a Short% of Shares Outstanding of 60860274 and a Short% of Float of 19.129999.
