Peloton Interactive Inc (NASDAQ: PTON) closed the day trading at $3.29 down -7.32% from the previous closing price of $3.55. On the day, 12856117 shares were traded.
Ratios:
For a better understanding of PTON, let’s look at 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:
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 Mar 14 ’24 when Coddington Elizabeth F sold 8,977 shares for $4.34 per share. The transaction valued at 38,975 led to the insider holds 104,428 shares of the business.
Cotter Jennifer Cunningham sold 104,620 shares of PTON for $463,540 on Mar 07 ’24. The Chief Content Officer now owns 32,363 shares after completing the transaction at $4.43 per share. On Feb 26 ’24, another insider, RENDICH ANDREW S, who serves as the Chief Supply Chain Officer of the company, sold 125,840 shares for $4.49 each. As a result, the insider received 564,556 and left with 47,690 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44.
Stock Price History:
Over the past 52 weeks, PTON has reached a high of $10.44, while it has fallen to a 52-week low of $3.50.
Shares Statistics:
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 74.41% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from Portman Ridge Finance Corporati analysts. The consensus estimate for the next quarter is $3.29, with high estimates of $3.22 and low estimates of $1.82.
Analysts are recommending an EPS of between $Healthcare and $Healthcare for the fiscal current year, implying an average EPS of $Consumer Cyclical.
