Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Peloton Interactive Inc’s stock clocked out at $4.09, up 15.54% from its previous closing price of $3.54. In other words, the price has increased by $15.54 from its previous closing price. On the day, 59.16 million shares were traded. PTON stock price reached its highest trading level at $4.19 during the session, while it also had its lowest trading level at $3.85.
Ratios:
To gain a deeper understanding of PTON’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.91.
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, Citigroup on May 06, 2024, Downgraded its rating to Neutral and sets its target price to $4 from $8 previously.
On May 03, 2024, Bernstein Downgraded its rating to Mkt Perform which previously was Outperform and also lowered its target price recommendation from $8 to $3.80.
Telsey Advisory Group reiterated its Market Perform rating for the stock on April 29, 2024, while the target price for the stock was revised from $5 to $4.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 1516629376 and an Enterprise Value of 3034730752. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56. Its current Enterprise Value per Revenue stands at 1.124 whereas that against EBITDA is -6.804.
Stock Price History:
Over the past 52 weeks, PTON has reached a high of $9.87, while it has fallen to a 52-week low of $2.70. The 50-Day Moving Average of the stock is 4.59%, while the 200-Day Moving Average is calculated to be -23.09%.
Shares Statistics:
It appears that PTON traded 12.57M shares on average per day over the past three months and 20189510 shares per day over the past ten days. A total of 338.75M shares are outstanding, with a floating share count of 324.67M. Insiders hold about 11.50% of the company’s shares, while institutions hold 74.47% stake in the company. Shares short for PTON as of 1713139200 were 50656248 with a Short Ratio of 4.03, compared to 1710460800 on 47795277. Therefore, it implies a Short% of Shares Outstanding of 50656248 and a Short% of Float of 16.33.
