In last trading session, Peloton Interactive Inc (NASDAQ:PTON) saw 9.53 million shares changing hands with its beta currently measuring 2.02. Company’s recent per share price level of $3.43 trading at -$0.16 or -4.46% at ring of the bell on the day assigns it a market valuation of $1.27B. That closing price of PTON’s stock is at a discount of -187.76% from its 52-week high price of $9.87 and is indicating a premium of 21.28% from its 52-week low price of $2.70. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 12.18 million shares which gives us an average trading volume of 16.62 million if we extend that period to 3-months.
For Peloton Interactive Inc (PTON), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.95. Splitting up the data highlights that, out of 21 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 7 suggested the stock as a Hold whereas 13 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
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
Peloton Interactive Inc (NASDAQ:PTON) trade information
Upright in the red during last session for losing -4.46%, in the last five days PTON remained trading in the red while hitting it’s week-highest on Thursday, 07/18/24 when the stock touched $3.43 price level, adding 13.38% to its value on the day. Peloton Interactive Inc’s shares saw a change of -43.68% in year-to-date performance and have moved -11.94% in past 5-day. Peloton Interactive Inc (NASDAQ:PTON) showed a performance of -5.51% in past 30-days. Number of shares sold short was 68.03 million shares which calculate 4.89 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 17.5 to the stock, which implies a rise of 80.4% to its current value. Analysts have been projecting 2.5 as a low price target for the stock while placing it at a high target of 170. It follows that stock’s current price would jump 27.11% in reaching the projected high whereas dropping to the targeted low would mean a gain of 27.11% for stock’s current value.
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 -41.07% of value to its shares in past 6 months, showing an annual growth rate of 55.22% while that of industry is -6.10. Apart from that, the company came raising its revenue forecast for fiscal year 2024.
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 August 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.
Peloton Interactive Inc (NASDAQ:PTON)’s Major holders
Insiders are in possession of 1.89% of company’s total shares while institution are holding 81.94 percent of that, with stock having share float percentage of 83.52%. Investors also watch the number of corporate investors in a company very closely, which is 81.94% institutions for Peloton Interactive Inc that are currently holding shares of the company. MORGAN STANLEY is the top institutional holder at PTON for having 40.76 million shares of worth $174.66 million. And as of 2024-03-31, it was holding 11.2496 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 31.55 million shares on 2024-03-31. The number of shares represents firm’s hold over 8.7088 of outstanding shares, having a total worth of $135.21 million.
