The closing price of Peloton Interactive Inc (NASDAQ: PTON) was $4.26 for the day, down -2.07% from the previous closing price of $4.35. In other words, the price has decreased by -$0.0900 from its previous closing price. On the day, 9466660 shares were traded. PTON stock price reached its highest trading level at $4.3800 during the session, while it also had its lowest trading level at $4.2200.
Ratios:
Our analysis of PTON’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 1.92.
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 February 02, 2024, Reiterated its Market Perform rating but revised its target price to $5 from $6 previously.
On November 07, 2023, Deutsche Bank Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $13 to $4.
Canaccord Genuity Downgraded its Buy to Hold on November 02, 2023, while the target price for the stock was maintained at $5.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 26 when RENDICH ANDREW S sold 125,840 shares for $4.49 per share. The transaction valued at 564,556 led to the insider holds 47,690 shares of the business.
Cotter Jennifer Cunningham sold 38,407 shares of PTON for $170,857 on Feb 16. The Chief Content Officer now owns 134,483 shares after completing the transaction at $4.45 per share. On Feb 16, another insider, RENDICH ANDREW S, who serves as the Chief Supply Chain Officer of the company, sold 36,804 shares for $4.47 each. As a result, the insider received 164,532 and left with 173,530 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 1.56B and an Enterprise Value of 3.16B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57. Its current Enterprise Value per Revenue stands at 1.16 whereas that against EBITDA is -4.91.
Stock Price History:
Over the past 52 weeks, PTON has reached a high of $14.36, while it has fallen to a 52-week low of $3.96. The 50-Day Moving Average of the stock is 5.3050, while the 200-Day Moving Average is calculated to be 6.2595.
Shares Statistics:
PTON traded an average of 14.84M shares per day over the past three months and 9.69M shares per day over the past ten days. A total of 338.75M shares are outstanding, with a floating share count of 324.13M. Insiders hold about 11.65% of the company’s shares, while institutions hold 74.36% stake in the company. Shares short for PTON as of Feb 15, 2024 were 49.82M with a Short Ratio of 3.36, compared to 56.06M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.58% and a Short% of Float of 16.06%.
Earnings Estimates
The firm’s stock currently is rated by 16 analysts. 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.
