The stock price of Peloton Interactive Inc (NASDAQ: PTON) has jumped by 3.81 compared to previous close of 9.06. Despite this, the company has seen a gain of 21.35% in its stock price over the last five trading days. marketbeat.com reported 2024-11-20 that The pandemic triggered a boom in stocks that accommodated physical isolation, convenient access from home, and fitness. Many of these stocks hit unbelievable highs during the lockdowns but collapsed just as hard in the post-pandemic normalization period afterward.
Is It Worth Investing in Peloton Interactive Inc (NASDAQ: PTON) Right Now?
Moreover, the 36-month beta value for PTON is 1.87. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 17 as “hold,” and 3 as “sell.”
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The public float for PTON is 340.31M and currently, short sellers hold a 19.02% of that float. On November 22, 2024, PTON’s average trading volume was 20.41M shares.
PTON’s Market Performance
The stock of Peloton Interactive Inc (PTON) has seen a 21.35% increase in the past week, with a 53.18% rise in the past month, and a 91.94% gain in the past quarter. The volatility ratio for the week is 8.08%, and the volatility levels for the past 30 days are at 8.20% for PTON. The simple moving average for the past 20 days is 18.38% for PTON’s stock, with a 112.29% simple moving average for the past 200 days.
Analysts’ Opinion of PTON
Many brokerage firms have already submitted their reports for PTON stocks, with BofA Securities repeating the rating for PTON by listing it as a “Buy.” The predicted price for PTON in the upcoming period, according to BofA Securities is $9 based on the research report published on November 04, 2024 of the current year 2024.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see PTON reach a price target of $9, previously predicting the price at $5. The rating they have provided for PTON stocks is “Market Perform” according to the report published on November 01st, 2024.
Telsey Advisory Group gave a rating of “Market Perform” to PTON, setting the target price at $5 in the report published on August 23rd of the current year.
PTON Trading at 51.60% 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 able to rebound, for now settling with 2.28% of gains for the given period.
Volatility was left at 8.20%, however, over the last 30 days, the volatility rate increased by 8.08%, as shares surge +47.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +96.39% upper at present.
During the last 5 trading sessions, PTON rose by +19.86%, which changed the moving average for the period of 200-days by +105.06% in comparison to the 20-day moving average, which settled at $7.94. In addition, Peloton Interactive Inc saw 54.43% 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 PAMELA THOMAS-GRAHAM, who proposed sale 26,630 shares at the price of $8.36 back on Nov 21 ’24. After this action, PAMELA THOMAS-GRAHAM now owns shares of Peloton Interactive Inc, valued at $222,627 using the latest closing price.
RENDICH ANDREW S, the Chief Supply Chain Officer of Peloton Interactive Inc, sale 24,003 shares at $8.08 during a trade that took place back on Nov 20 ’24, which means that RENDICH ANDREW S is holding 263,970 shares at $194,026 based on the most recent closing price.
Stock Fundamentals for PTON
Current profitability levels for the company are sitting at:
- -0.11 for the present operating margin
- 0.44 for the gross margin
The net margin for Peloton Interactive Inc stands at -0.15. The total capital return value is set at -0.2.
Based on Peloton Interactive Inc (PTON), the company’s capital structure generated 1.44 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at -3.27. The interest coverage ratio of the stock is -2.46.
Currently, EBITDA for the company is -330.8 million with net debt to EBITDA at -7.83. When we switch over and look at the enterprise to sales, we see a ratio of 1.78. The receivables turnover for the company is 26.43for trailing twelve months and the total asset turnover is 1.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.01.
Conclusion
To wrap up, the performance of Peloton Interactive Inc (PTON) has been better in recent times. The stock has received a bearish of “sell” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
