while the 36-month beta value is 1.95.Analysts have differing opinions on the stock, with 10 analysts rating it as a “buy,” 2 as “overweight,” 15 as “hold,” and 3 as “sell.”
The average price point forecasted by analysts for Peloton Interactive Inc. (PTON) is $15.56, which is $4.84 above the current market price. The public float for PTON is 310.65M, and currently, short sellers hold a 11.71% ratio of that floaft. The average trading volume of PTON on March 17, 2023 was 12.88M shares.
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PTON) stock’s latest price update
Peloton Interactive Inc. (NASDAQ: PTON)’s stock price has decreased by -2.47 compared to its previous closing price of 10.91. but the company has seen a -16.48% decline in its stock price over the last five trading sessions. Barron’s reported on 02/01/23 that Peloton Stock Climbs. Margins Are Improving.
PTON’s Market Performance
PTON’s stock has fallen by -16.48% in the past week, with a monthly drop of -21.53% and a quarterly drop of -9.14%. The volatility ratio for the week is 9.07% while the volatility levels for the last 30 days are 6.66% for Peloton Interactive Inc. The simple moving average for the last 20 days is -17.38% for PTON stock, with a simple moving average of -0.35% for the last 200 days.
Analysts’ Opinion of PTON
Many brokerage firms have already submitted their reports for PTON stocks, with ROTH Capital repeating the rating for PTON by listing it as a “Buy.” The predicted price for PTON in the upcoming period, according to ROTH Capital is $20 based on the research report published on February 02nd of the current year 2023.
Robert W. Baird, on the other hand, stated in their research note that they expect to see PTON reach a price target of $14, previously predicting the price at $12. The rating they have provided for PTON stocks is “Neutral” according to the report published on February 02nd, 2023.
Piper Sandler gave a rating of “Neutral” to PTON, setting the target price at $17 in the report published on February 02nd of the current year.
PTON Trading at -14.97% from the 50-Day Moving Average
After a stumble in the market that brought PTON to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -66.89% of loss for the given period.
Volatility was left at 6.66%, however, over the last 30 days, the volatility rate increased by 9.07%, as shares sank -25.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +31.03% upper at present.
During the last 5 trading sessions, PTON fell by -16.48%, which changed the moving average for the period of 200-days by -26.67% in comparison to the 20-day moving average, which settled at $12.70. In addition, Peloton Interactive Inc. saw 34.01% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PTON starting from Cotter Jennifer Cunningham, who sale 25,428 shares at the price of $13.06 back on Feb 21. After this action, Cotter Jennifer Cunningham now owns 27,401 shares of Peloton Interactive Inc., valued at $332,064 using the latest closing price.
Cortese Thomas, the Chief Product Officer of Peloton Interactive Inc., sale 18,965 shares at $13.06 during a trade that took place back on Feb 21, which means that Cortese Thomas is holding 413 shares at $247,628 based on the most recent closing price.
Stock Fundamentals for PTON
Current profitability levels for the company are sitting at:
- -42.42 for the present operating margin
- +16.81 for the gross margin
The net margin for Peloton Interactive Inc. stands at -78.94. Equity return is now at value -418.40, with -71.90 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.38.
Conclusion
In a nutshell, Peloton Interactive Inc. (PTON) has experienced a bad performance in recent times. The stock has received mixed “sell” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
