PTON has 36-month beta value of 2.05. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 17 as “hold,” and 3 as “sell.”
The public float for PTON is 319.82M, and currently, short sellers hold a 19.46% ratio of that float. The average trading volume of PTON on October 22, 2024 was 15.44M shares.
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PTON) stock’s latest price update
Peloton Interactive Inc (NASDAQ: PTON)’s stock price has decreased by -6.16 compared to its previous closing price of 5.84. However, the company has seen a 1.48% increase in its stock price over the last five trading sessions. zacks.com reported 2024-10-21 that Peloton (PTON) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn’t suggest further strength down the road.
PTON’s Market Performance
Peloton Interactive Inc (PTON) has experienced a 1.48% rise in stock performance for the past week, with a 11.84% rise in the past month, and a 52.65% rise in the past quarter. The volatility ratio for the week is 8.32%, and the volatility levels for the past 30 days are at 7.31% for PTON. The simple moving average for the last 20 days is 10.91% for PTON stock, with a simple moving average of 31.20% for the last 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 21.51% 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 -24.31% of loss for the given period.
Volatility was left at 7.31%, however, over the last 30 days, the volatility rate increased by 8.32%, as shares surge +15.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +83.28% upper at present.
During the last 5 trading sessions, PTON rose by +1.48%, which changed the moving average for the period of 200-days by -10.60% in comparison to the 20-day moving average, which settled at $4.94. In addition, Peloton Interactive Inc saw -10.02% 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 Bruzzo Chris, who sale 24,977 shares at the price of $5.80 back on Oct 18 ’24. After this action, Bruzzo Chris now owns 149,240 shares of Peloton Interactive Inc, valued at $144,912 using the latest closing price.
Boone Karen, the Interim Co-CEO and President of Peloton Interactive Inc, sale 25,009 shares at $5.79 during a trade that took place back on Oct 18 ’24, which means that Boone Karen is holding 193,297 shares at $144,915 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.
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 1.24. 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 put it simply, Peloton Interactive Inc (PTON) has had a better performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
