Peloton Interactive Inc (NASDAQ:PTON) has a beta value of 2.04 and has seen 1.82 million shares traded in the recent trading session. The company, currently valued at $1.08B, closed the recent trade at $2.91 per share which meant it lost -$0.08 on the day or -2.68% during that session. The PTON stock price is -192.44% off its 52-week high price of $8.51 and 7.22% above the 52-week low of $2.70. If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.56 million shares traded. The 3-month trading volume is 13.63 million shares.
The consensus among analysts is that Peloton Interactive Inc (PTON) is Buy stock at the moment, with a recommendation rating of 2.95. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 7 out of 21 have rated it as a Hold, with 13 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -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
Sporting -2.68% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the PTON stock price touched $2.91 or saw a rise of 8.78%. Year-to-date, Peloton Interactive Inc shares have moved -52.22%, while the 5-day performance has seen it change -5.52%. Over the past 30 days, the shares of Peloton Interactive Inc (NASDAQ:PTON) have changed -19.95%. Short interest in the company has seen 73.14 million shares shorted with days to cover at 5.81.
Wall Street analysts have a consensus price target for the stock at $17.5, which means that the shares’ value could jump 83.37% from the levels at last check today. The projected low price target is $2.5 while the price target rests at a high of $170.0. In that case, then, we find that the latest price level in today’s session is -5741.92% off the targeted high while a plunge would see the stock lose 14.09% from the levels at last check today.
Peloton Interactive Inc (PTON) estimates and forecasts
Figures show that Peloton Interactive Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -36.05% over the past 6 months, with this year growth rate of 55.22%, compared to -7.50% for the industry. Revenue growth from the last financial year stood is estimated to be -4.10%.
17 analysts offering their estimates for the company have set an average revenue estimate of 630.48M for the current quarter. 9 have an estimated revenue figure of 610.26M for the next ending quarter. Year-ago sales stood 642.1M and 595.5M respectively for this quarter and the next, and analysts expect sales will shrink by -1.80% for the current quarter and -4.10% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -85.03% over the past 5 years.
PTON Dividends
Peloton Interactive Inc is expected to release its next earnings report 2024-Aug-22 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Peloton Interactive Inc (NASDAQ:PTON)’s Major holders
Insiders own 1.91% of the company shares, while shares held by institutions stand at 81.15% with a share float percentage of 82.73%. Investors are also buoyed by the number of investors in a company, with Peloton Interactive Inc having a total of 484.0 institutions that hold shares in the company. The top two institutional holders are MORGAN STANLEY with over 40.76 million shares worth more than $174.66 million. As of 2024-03-31, MORGAN STANLEY held 11.2496% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 31.55 million shares as of 2024-03-31. The firm’s total holdings are worth over $135.21 million and represent 8.7088% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Growth Fund Of America Inc and Vanguard Total Stock Market Index Fund. As of Jun 30, 2024, the former fund manager holds about 5.17% shares in the company for having 18.26 shares of worth $53.22 million while later fund manager owns 10.1 shares of worth $29.43 million as of Mar 31, 2024, which makes it owner of about 2.86% of company’s outstanding stock.
