The stock price of Peloton Interactive Inc (NASDAQ: PTON) has plunged by -0.21 when compared to previous closing price of 4.73, but the company has seen a 7.27% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-09-11 that Peloton Interactive, Inc. (NASDAQ:PTON ) Goldman Sachs Communacopia + Technology Conference September 11, 2024 1:10 PM ET Company Participants Liz Coddington – Chief Financial Officer Conference Call Participants Eric Sheridan – Goldman Sachs Eric Sheridan All right. I think in the interest of time, we’re going to get going with our next fireside chat.
Is It Worth Investing in Peloton Interactive Inc (NASDAQ: PTON) Right Now?
Company’s 36-month beta value is 2.04.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 16 as “hold,” and 3 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for PTON is 319.81M, and currently, short sellers hold a 20.71% ratio of that floaft. The average trading volume of PTON on September 17, 2024 was 15.92M shares.
PTON’s Market Performance
The stock of Peloton Interactive Inc (PTON) has seen a 7.27% increase in the past week, with a 47.04% rise in the past month, and a 23.88% gain in the past quarter. The volatility ratio for the week is 6.29%, and the volatility levels for the past 30 days are at 8.78% for PTON. The simple moving average for the past 20 days is 9.10% for PTON’s stock, with a 9.21% 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 24.99% 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 -34.81% of loss for the given period.
Volatility was left at 8.78%, however, over the last 30 days, the volatility rate increased by 6.29%, as shares surge +47.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +36.42% upper at present.
During the last 5 trading sessions, PTON rose by +7.27%, which changed the moving average for the period of 200-days by -15.56% in comparison to the 20-day moving average, which settled at $4.40. In addition, Peloton Interactive Inc saw -22.50% 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 ELIZABETH F CODDINGTON, who proposed sale 36,819 shares at the price of $4.73 back on Sep 16 ’24. After this action, ELIZABETH F CODDINGTON now owns shares of Peloton Interactive Inc, valued at $174,154 using the latest closing price.
Coddington Elizabeth F, the Chief Financial Officer of Peloton Interactive Inc, sale 56,084 shares at $4.50 during a trade that took place back on Sep 03 ’24, which means that Coddington Elizabeth F is holding 186,466 shares at $252,501 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 -3.93.
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 1.14. 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
In a nutshell, Peloton Interactive Inc (PTON) has experienced a mixed 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.
