After finishing at $4.32 in the prior trading day, Peloton Interactive Inc (NASDAQ: PTON) closed at $4.36, up 0.93%. In other words, the price has increased by $+0.0400 from its previous closing price. On the day, 6600218 shares were traded.
Ratios:
Our goal is to gain a better understanding of PTON by taking a closer 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:
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 1.60B and an Enterprise Value of 3.20B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59. Its current Enterprise Value per Revenue stands at 1.17 whereas that against EBITDA is -4.97.
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 4.9908, while the 200-Day Moving Average is calculated to be 6.1252.
Shares Statistics:
The stock has traded on average 14.65M shares per day over the past 3-months and 10.44M shares per day over the last 10 days, according to various share statistics. A total of 338.75M shares are outstanding, with a floating share count of 324.60M. Insiders hold about 11.52% 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 3.07, 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
Its stock is currently analyzed by 16 different market 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.
