In last trading session, Peloton Interactive Inc (NASDAQ:PTON) saw 19.12 million shares changing hands with its beta currently measuring 2.01. Company’s recent per share price level of $3.22 trading at $0.11 or 3.54% at ring of the bell on the day assigns it a market valuation of $1.18B. That closing price of PTON’s stock is at a discount of -206.52% from its 52-week high price of $9.87 and is indicating a premium of 9.63% from its 52-week low price of $2.91. Taking a look at company’s average trading volume volume of 13.01 million if we extend that period to 3-months.
Peloton Interactive Inc (NASDAQ:PTON) trade information
Upright in the green during last session for gaining 3.54%, in the last five days PTON remained trading in the green while hitting it’s week-highest on Wednesday, 05/01/24 when the stock touched $3.22 price level, adding 4.73% to its value on the day. Peloton Interactive Inc’s shares saw a change of -47.13% in year-to-date performance and have moved 5.23% in past 5-day. Peloton Interactive Inc (NASDAQ:PTON) showed a performance of -20.69% in past 30-days.
Peloton Interactive Inc (PTON) estimates and forecasts
Statistics highlight that Peloton Interactive Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -30.45% of value to its shares in past 6 months, showing an annual growth rate of 56.04% while that of industry is -4.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to increase by 53.20% in the current quarter and calculating 69.10% increase in the next quarter. This year revenue growth is estimated to fall -3.20% from the last financial year’s standing.
19 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $723.21 million for the same. And 18 analysts are in estimates of company making revenue of $652.35 million in the next quarter that will end on Jun 2024. Company posted -$ and $642.1 million of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -85.03% during past 5 years.
PTON Dividends
Peloton Interactive Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
