The stock has a 36-month beta value of 2.02. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 1 as “overweight,” 16 as “hold,” and 3 as “sell.”
The public float for PTON is 319.22M, and at present, short sellers hold a 20.43% of that float. On August 30, 2024, the average trading volume of PTON was 15.75M shares.
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PTON) stock’s latest price update
The stock of Peloton Interactive Inc (NASDAQ: PTON) has increased by 2.92 when compared to last closing price of 4.63. Despite this, the company has experienced a -1.55% fall in its stock price over the last five trading sessions. fool.com reported 2024-08-30 that Peloton stock jumped around 40% following its fiscal fourth-quarter earnings report. The company’s top line expanded by 0.2% and it lost $0.08 per share in the quarter.
PTON’s Market Performance
PTON’s stock has fallen by -1.55% in the past week, with a monthly rise of 43.52% and a quarterly rise of 30.91%. The volatility ratio for the week is 10.09% while the volatility levels for the last 30 days are 8.75% for Peloton Interactive Inc The simple moving average for the past 20 days is 33.27% for PTON’s stock, with a 9.29% simple moving average for the past 200 days.
Analysts’ Opinion of PTON
Many brokerage firms have already submitted their reports for PTON stocks, with Telsey Advisory Group repeating the rating for PTON by listing it as a “Market Perform.” The predicted price for PTON in the upcoming period, according to Telsey Advisory Group is $5 based on the research report published on August 23, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see PTON reach a price target of $5, previously predicting the price at $7. The rating they have provided for PTON stocks is “Neutral” according to the report published on August 23rd, 2024.
PTON Trading at 33.78% 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 -34.19% of loss for the given period.
Volatility was left at 8.75%, however, over the last 30 days, the volatility rate increased by 10.09%, as shares surge +51.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +33.20% upper at present.
During the last 5 trading sessions, PTON fell by -0.10%, which changed the moving average for the period of 200-days by +8.90% in comparison to the 20-day moving average, which settled at $3.66. In addition, Peloton Interactive Inc saw -21.76% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PTON starting from Caldwell Nick V., who purchase 31,337 shares at the price of $4.25 back on Aug 23 ’24. After this action, Caldwell Nick V. now owns 31,337 shares of Peloton Interactive Inc, valued at $133,182 using the latest closing price.
Baig Saqib, the Chief Accounting Officer of Peloton Interactive Inc, sale 50,000 shares at $4.88 during a trade that took place back on Aug 23 ’24, which means that Baig Saqib is holding 87,014 shares at $244,115 based on the most recent closing price.
Stock Fundamentals for PTON
Current profitability levels for the company are sitting at:
- -0.16 for the present operating margin
- 0.43 for the gross margin
The net margin for Peloton Interactive Inc stands at -0.2. The total capital return value is set at -0.29. Equity return is now at value -847.28, with -22.28 for asset returns.
Based on Peloton Interactive Inc (PTON), the company’s capital structure generated 1.49 points at debt to capital in total, while cash flow to debt ratio is standing at -0.04. The debt to equity ratio resting at -3.03. The interest coverage ratio of the stock is -8.39.
Currently, EBITDA for the company is -288.6 million with net debt to EBITDA at -4.88. When we switch over and look at the enterprise to sales, we see a ratio of 1.13. The receivables turnover for the company is 26.07for trailing twelve months and the total asset turnover is 1.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.85.
Conclusion
To sum up, Peloton Interactive Inc (PTON) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “sell” and others as a “hold”. 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.
