During the recent session, Peloton Interactive Inc (NASDAQ:PTON)’s traded shares were 1.3 million, with the beta value of the company hitting 2.04. At the last check today, the stock’s price was $2.93, reflecting an intraday loss of -1.51% or -$0.05. The 52-week high for the PTON share is $8.56, that puts it down -192.15 from that peak though still a striking 7.85% gain since the share price plummeted to a 52-week low of $2.70. The company’s market capitalization is $1.09B, and the average intraday trading volume over the past 10 days was 9.21 million shares, and the average trade volume was 13.76 million shares over the past three months.
Peloton Interactive Inc (PTON) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.95. PTON has a Sell rating from 1 analyst(s) out of 21 analysts who have looked at this stock. 7 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 13 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.17.
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
Peloton Interactive Inc (PTON) registered a -1.51% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.51% in intraday trading to $2.93, hitting a weekly high. The stock’s 5-day price performance is -8.28%, and it has moved by -15.42% in 30 days. Based on these gigs, the overall price performance for the year is -64.16%. The short interest in Peloton Interactive Inc (NASDAQ:PTON) is 73.14 million shares and it means that shorts have 5.81 day(s) to cover.
The consensus price target of analysts on Wall Street is $17.5, which implies an increase of 83.26% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.5 and $170 respectively. As a result, PTON is trading at a discount of -5702.05% off the target high and 14.68% off the low.
Peloton Interactive Inc (PTON) estimates and forecasts
Statistics show that Peloton Interactive Inc has outperformed its competitors in share price, compared to the industry in which it operates. Peloton Interactive Inc (PTON) shares have gone down -35.21% during the last six months, with a year-to-date growth rate more than the industry average at 55.22% against -7.90. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 75.00% this quarter and then jump 59.10% in the quarter after that. In the rating firms’ projections, revenue will decrease -4.10% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 630.48M as predicted by 17 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to 610.26M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 642.1M and 595.5M respectively. In this case, analysts expect current quarter sales to shrink by -1.80% and then jump by 2.50% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -85.03%. While earnings are projected to return 57.29% in 2024.
PTON Dividends
Peloton Interactive Inc is due to release its next quarterly earnings 2024-Aug-22. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Peloton Interactive Inc (NASDAQ:PTON)’s Major holders
Peloton Interactive Inc insiders own 1.91% of total outstanding shares while institutional holders control 80.49%, with the float percentage being 82.06%. MORGAN STANLEY is the largest shareholder of the company, while 484.0 institutions own stock in it. As of 2024-03-31, the company held over 40.76 million shares (or 11.2496% of all shares), a total value of $174.66 million in shares.
The next largest institutional holding, with 31.55 million shares, is of VANGUARD GROUP INC’s that is approximately 8.7088% of outstanding shares. At the market price on 2024-03-31, these shares were valued at $135.21 million.
