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After finishing at $3.39 in the prior trading day, Peloton Interactive Inc (NASDAQ: PTON) closed at $3.34, down -1.47%. In other words, the price has decreased by -$1.47 from its previous closing price. On the day, 4.51 million shares were traded. PTON stock price reached its highest trading level at $3.41 during the session, while it also had its lowest trading level at $3.3.
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 1.43 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:
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 Jul 01 ’24 when Bruzzo Chris sold 14,879 shares for $3.30 per share. The transaction valued at 49,075 led to the insider holds 72,115 shares of the business.
Boone Karen sold 14,841 shares of PTON for $49,073 on Jul 01 ’24. The Interim Co-CEO and President now owns 116,171 shares after completing the transaction at $3.31 per share. On Jun 14 ’24, another insider, Coddington Elizabeth F, who serves as the Chief Financial Officer of the company, sold 8,923 shares for $3.68 each. As a result, the insider received 32,818 and left with 186,466 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 1249643136 and an Enterprise Value of 2767844352. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46. Its current Enterprise Value per Revenue stands at 1.025 whereas that against EBITDA is -6.206.
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 -6.35%, while the 200-Day Moving Average is calculated to be -27.75%.
Shares Statistics:
The stock has traded on average 16.86M shares per day over the past 3-months and 13358740 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 328.27M. Insiders hold about 11.47% of the company’s shares, while institutions hold 72.41% stake in the company. Shares short for PTON as of 1718323200 were 67979379 with a Short Ratio of 4.03, compared to 1715731200 on 45231309. Therefore, it implies a Short% of Shares Outstanding of 67979379 and a Short% of Float of 21.64.
