Peloton Interactive Inc (NASDAQ: PTON) Has Succeeded In Attracting Investors This Year, The Stock Is Down -43.02% Year-To-Date

Peloton Interactive Inc (NASDAQ:PTON)’s traded shares stood at 20.71 million during the last session, with the company’s beta value hitting 2.02. At the close of trading, the stock’s price was $3.47, to imply a decrease of -2.53% or -$0.09 in intraday trading. The PTON share’s 52-week high remains $9.87, putting it -184.44% down since that peak but still an impressive 22.19% since price per share fell to its 52-week low of $2.70. The company has a valuation of $1.29B, with an average of 16.45 million shares over the past 3 months.

Peloton Interactive Inc (NASDAQ:PTON) trade information

After registering a -2.53% downside in the last session, Peloton Interactive Inc (PTON) has traded red over the past five days. The stock hit a weekly high of 3.75, dropping -2.53% in its intraday price action. The 5-day price performance for the stock is 2.97%, and -4.67% over 30 days. With these gigs, the year-to-date price performance is -43.02%.

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Peloton Interactive Inc (PTON) estimates and forecasts

Looking at statistics comparing Peloton Interactive Inc share performance against respective industry, we note that the company has outperformed competitors. Peloton Interactive Inc (PTON) shares are -43.30% down over the last 6 months, with its year-to-date growth rate higher than industry average at 55.49% against -4.00%. The rating firms project that company’s revenue will shrink -4.10% compared to the previous financial year.

Revenue forecast for the current quarter as set by 17 analysts is 630.54M. Meanwhile, for the current quarter, a total of 9 analyst(s) estimate revenue growth to 610.46M.Earnings reports from the last fiscal year show that sales brought in 642.1M and 595.5M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -1.80% before jumping 2.50% in the following quarter.

PTON Dividends

Peloton Interactive Inc has its next earnings report out in August. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Peloton Interactive Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

The next major institution holding the largest number of shares is Vanguard Group Inc with 31.55 shares, or about 8.94% of shares outstanding. As of the market price on Mar 31, 2024, these shares were worth $109.5 million.