After finishing at $4.35 in the prior trading day, Peloton Interactive Inc (NASDAQ: PTON) closed at $4.57, up 5.06%. In other words, the price has increased by $+0.2200 from its previous closing price. On the day, 13507555 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.
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:
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 Feb 16 when Cotter Jennifer Cunningham sold 38,407 shares for $4.45 per share. The transaction valued at 170,857 led to the insider holds 134,483 shares of the business.
RENDICH ANDREW S sold 36,804 shares of PTON for $164,532 on Feb 16. The Chief Supply Chain Officer now owns 173,530 shares after completing the transaction at $4.47 per share. On Feb 16, another insider, Coddington Elizabeth F, who serves as the Chief Financial Officer of the company, sold 21,635 shares for $4.48 each. As a result, the insider received 96,944 and left with 91,586 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 1.68B and an Enterprise Value of 3.27B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61. Its current Enterprise Value per Revenue stands at 1.20 whereas that against EBITDA is -4.96.
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 5.4858, while the 200-Day Moving Average is calculated to be 6.3405.
Shares Statistics:
The stock has traded on average 14.69M shares per day over the past 3-months and 10.22M 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 324.00M. Insiders hold about 11.69% of the company’s shares, while institutions hold 74.36% stake in the company. Shares short for PTON as of Jan 31, 2024 were 47.87M with a Short Ratio of 3.26, compared to 47.89M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 13.05% and a Short% of Float of 15.43%.
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.
